Shares of CenturyLink (CTL) plummeted 13% in Thursday’s trading session after the telecommunication company said it would cut its dividend by more than half. While investors — who were certain the dividend would remain intact after management pledges — grew angry and fled the stock in droves, this provides an opportunity for the company to improve its […]
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Valio, Fazer, and Paulig are quitting the Russian market due to the situation in Ukraine Finnish companies are leaving Russia in protest over its actions in Ukraine, with many saying the sanctions imposed on Moscow by the West would negatively affect their business.
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Assessment of Kiev’s bid to join the bloc will take “months, maybe years,” the Dutch prime minister says The EU has condemned the Russian offensive and pledged its support to Ukraine on its path to European Union membership, but stopped short of fast-tracking its application to join the bloc.
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