Welcome to the weekly edition of What’s Hot In Stock Market News. To help you stay up to date with Shares and Stock Markets, here are some of the news items that caught my attention this week
What’s New This Week?
Community Banks Take Crown For Dividends: A group of small US banks have given shareholders the best dividend growth in the past five years according to new data from research from SNL Financial, however the trend isn’t necessarily expected to continue. Just 20 US banks out of more than 6,000 have increased their common dividends by more than 2% annually every year for the past five years.
McDonald’s worldwide Sales Slip: McDonald’s, the world’s biggest fast-food chain, says it plans to open up to 1,600outlets this year despite a slip in global sales. The chain, which has 34,000 sites around the world, said overall sales fell 0.1% in the last three months of last year. The company said 2013 had been a “challenging” year.
Post-Volker, Trading At The Big Banks Is Up: Nearly five years ago, when former Fed chairman Paul Volker proposed his rule, the idea was it would force the big banks to cut most of their trading operations. By the time it was passed as part of Dodd-Frank, the idea was the the Volker Rule would at least eliminate risky trading. There’s a question it has even done that.
Economic Recovery In Europe Is Not Over Bosses Say: Top leaders at the 2014 World Economic Forum in Davos have warned Europe is not fully out of recession. They called for a more flexible labour market and a focus on innovation, technology and trade to stop Europe falling behind the US and China.
Proctor And Gamble 2Q Profit Falls, Tops Estimates: Proctor & Gamble’s second-quarter net income fell 16 percent as the world’s largest consumer products maker faced a tough comparison with year ago results, the stronger dollar and nearly flat sales globally.
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