Here is a selection of announcements that have made (or will make) move the prices of these companies:
(Come back and read us from time to time
so as not to miss an update)
Empire Company (EMP-A, $ 40.29) raised its dividend on Wednesday, posting a declining profit for its most recent quarter, compared to last year, at the start of the pandemic, as consumers made reservations . The grocer, which operates the IGA and Sobeys brands in particular, said it would now pay a quarterly dividend of 15 cents per share, compared to 13 cents previously. Empire reported earnings attributable to shareholders of $ 171.9 million, or 64 cents per share, for the quarter ended May 1. By comparison, it made a profit of $ 177.8 million, or 66 cents per share, for the same quarter last year, which was inflated by an unusual gain on the assignment of a lease. Sales totaled $ 6.92 billion in what was the grocer’s fourth quarter, down from $ 7.01 billion last year. Sales at stores that have been open for at least a year, a key metric for retailers, were down 4.5% from a year ago. Excluding fuel sales, same store sales decreased 6.1%.
The bank Morgan Stanley (MS, US $ 85.93) has decided to require not only its employees, but also its contractors, customers and visitors to be vaccinated against COVID-19 if they want to access the one of its offices in New York. The new rule, in effect from July 12, was presented in an internal message signed by the company’s human resources manager Mandell Crawley, a source close to the investment bank told AFP on Wednesday. It applies to offices accommodating a large number of people in the metropolis and its surroundings. Some divisions have already created spaces reserved for vaccinated people, said this source. It is now a question of extending it to all services. Employees have until July 1 to say whether or not they are vaccinated against COVID-19, without having to present evidence.
Masayoshi Son, the whimsical founder and CEO of the Japanese tech investment giant SoftBank Group (SFTBY, US $ 34.76), said Wednesday he plans to stay in charge beyond age 69, while hoping to find a potential successor by then. “I am full of energy,” said Mr. Son, 63, in response to a question from a shareholder about his succession intentions at the Ordinary General Meeting of SoftBank Group. “Take a look at Warren Buffett, for example. He is really old (…), but he is still a really active businessman ”, argued Mr. Son, referring to the famous 90-year-old American billionaire investor. “I started to think to myself that even after 69 years I could stay at the helm” of SoftBank Group, added Son, who had once expressed a desire to hand over to his sixties. In its 2020-2021 fiscal year ended March 31 of this year, SoftBank Group achieved a staggering net profit of 4.98 billion yen ($ 55 million), an all-time high for a Japanese company.
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