Seattle-based beverage chain Starbucks Corporation (SBUX) boosted its dividend 23.81% from the same period last year to 26 cents a share and will make the payment on Feb. 21 to investors of record as of yesterday.
The Coca-Cola Enterprises’ (NYS: CCE) Board of Directors increased the company’s regular quarterly dividend 25 percent to 25 cents per share.
Treasuries rose, pushing 10-year note yields to the lowest in three months, after a private report showed U.S. manufacturing slowed more than forecast in January as the Federal Reserve reduced its bond-buying monetary stimulus.
London-based Smith & Nephew Plc (NYSE: SNN) agreed to buy ArthroCare Corp. (Nasdaq: ARTC), of Austin, Texas, for $1.7 billion in cash to add products for minimally invasive surgery used in sports medicine.
European stocks fell on Friday, posting their first monthly loss since August and slowed by concerns that corporate earnings will slide due to weak emerging markets.
U.S. consumer spending climbed more than forecast in December, even as incomes stagnated, the Commerce Department reported Friday.