Day: February 21, 2023

IHG Adds
Uncategorized

IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post its best results in three years. The owner of the Crowne Plaza and Holiday Inn hotel chains profited handsomely from consumers putting travel at the top of their list of priorities […]

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HSBC
Uncategorized

HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net interest income, while the bank also flagged a special dividend on the sale of its Canadian business. HSBC’s profit before tax for the three months to December 31 jumped 92% to $5.2 billion, […]

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