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Specsavers pays £12m dividend to parent company as profits soar
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Pre-tax profits rose at high street opticians to £429.7m in the year to
February while sales increased 7% to £4.3bn
Specsavers has paid £12m to its paren...
30 minutes ago
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WHY ZERO INTEREST; ... Instead, the Federal Reserve slashed benchmark interest rates to near zero, lowering yields for conservative investments like money market funds and pushing frustrated investors into riskier corporate bonds offering higher returns. As demand for those bonds rose, businesses were able to issue more of them than ever, and use the proceeds to pay off old ones coming due soon.
"The Fed encouraged debt refinancing, but we need debt extinguishment," says Boockvar.
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