Disney dividend to reach 20-years high

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Walt Disney Co. has announced of raising company's annual dividend  by 50%. The new dividend will be increased from 40 to 60 US cents and will be delivered on January 18, company said in its statement. Disney who is also an owner of ABC TV network is going to pay back cash also via stock repurchases. Yesterday Disney added 5.4% reaching $35.85 in New York trade. Overall Disney has edged down 4.4% this year.
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Thu, 01 Dec 2011 13:43:56 GMT

Huge deposits of natural gas discovered in Mozambique

Anadarko Petroleum Corp. stated that the company has found large deposits of the natural gas in Mozambique. The reserves are estimated to be more than 30 trillion cubic feet of gas. About 20% of the project is owned by the Japanese company Mitsui, thus highly benefiting Japan as country's power generation operates mainly on the natural gas.

Thu, 01 Dec 2011 12:56:56 GMT

US stocks trade flat after rally

On Thursday US stock futures traded flat after rocketing during the previous session. Future prices were relatively steady in contrast to successful yesterday's trade as investors absorbed frail economic data regarding China. Bond auctions in France and Spain also calmed the market. Dow Jones Industrial Average futures edged down 12 points attaining 12,022, while Standard & Poor's 500 stock index futures dropped 3

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