ABBOTT PARK, Ill.-- Abbott Laboratories said Friday that it plans to buy back up to $3 billion of its common stock, replacing a finished $5 billion program that began before the health care company separated from its drug business. Abbott's $5 billion fund was started in October 2008. Shares of Abbott Laboratories gained 12 cents to $36.82 in afternoon trading.» Read More
*Safeway to pay down debt, buy back shares with proceeds. TORONTO, June 12- Empire Co Ltd, the operator of Canadian grocery chain Sobeys, said it is acquiring Safeway Inc's assets in Canada for $5.7 billion, in a move that will nearly double its reach in the country's western provinces.
MURRAY HILL, N.J.-- Medical device maker C.R. Bard said Wednesday that its board authorized the repurchase of $500 million in company common stock. The new stock buyback is in addition to the $30 million authorization remaining under the company's June 2012 buyback plan. Shares of C.R. Bard Inc. rose 40 cents to close at $105.11.
PEORIA, Ill.-- Caterpillar says its board has voted to increase the company's quarterly cash dividend by 8 cents to 60 cents. Caterpillar Inc. Chairman and CEO Doug Oberhelman says the 15 percent increase, along with the company's $1 billion accelerated stock buyback announced in April, support its commitment to boost value for shareholders.
*Celgene up on share repurchase program. NEW YORK, June 12- U.S. stocks were little changed in early trading on Wednesday, gaining modestly amid advances in energy and materials shares, even as investors continued to mull how soon central banks will begin to scale back supportive measures.
NEWARK, N.J.-- Insurer Prudential Financial Inc. said Tuesday its board approved the repurchase of up to $1 billion in company stock. The company can repurchase up to $1 billion in shares between July 1 and June 30, 2014.
FAYETTEVILLE, Ark.-- ATTENTION WAL-MART INVESTORS: Wal-Mart will repurchase up to $15 billion of its shares. MEXICO MESS: The program comes as Wal-Mart encounters concerns over how it handled bribery allegations that surfaced last year at its Mexican unit.
Wal-Mart is helping drive the blue chip index higher, with CNBC's Mary Thompson. The retailer is unveiling a $15 billion buyback program.
FAYETTEVILLE, Ark., June 7- Wal-Mart Stores Inc's board approved a $15 billion stock repurchase plan, its first in two years, the world's largest retailer announced at its annual meeting on Friday. Shareholders attend, including members of the Walton family, who collectively own just over half of Wal-Mart's shares.
FAYETTEVILLE, Ark., June 7- Wal-Mart Stores Inc said on Friday its board approved a new $15 billion stock repurchase program, the first in two years. As of June 6, Wal-Mart, the world's largest retailer, had about $712 million remaining under a $15 billion program announced in June 2011.
ST. LOUIS-- Monsanto Co. said Thursday that it will buy back up to $2 billion shares of the company's stock over a three-year period. Monsanto also declared its regularly quarterly dividend of 37.5 cents per share. Last month Monsanto increased its full-year profit prediction, citing continued strong global demand from corn growers.
LAS VEGAS-- Las Vegas Sands Corp. said Wednesday that it plans to buy back up to $2 billion of its shares in a multi-year share repurchase program. The company, which operates casinos such as The Venetian in Las Vegas and Sands Macao in China, has 823.4 million shares outstanding. The company's stock fell $1.11 to close at $57.35 amid a broad market sell-off.
*EMC up on dividend, buyback. NEW YORK, May 30- U.S. stock index futures pointed to a modestly higher open on Thursday as the latest economic data indicated that central bank stimulus would remain intact.
LONDON, May 27- European shares rebounded on Monday from sharp falls in the previous week, as traders used technical signs that the equity market's long-term bullish trend remained intact as a cue to buy back into stocks. Volumes, however, were likely to be thin since both the U.S and UK markets were shut for public holidays.
May 24- News Corp set the distribution ratios for the spinoff of its publishing business, which may start buying back stock right away. The board of the publishing business, which will retain the News Corp name, authorized a $500 million stock repurchase program, the company said on Friday.
May 24- News Corp set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away.
May 24- News Corp set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away. The board of the publishing business, which will retain the News Corp name, authorized a $500 million stock repurchase program, the company said on Friday.
If the Fed begins to slow the bond buying program, is a down draft imminent? Cramer investigates.
DUBLIN, May 20- Elan announced its second major drug deal inside a week on Monday and said it would buy back more shares as it continues to bat against a $5.7 billion takeover bid from U.S. investor Royalty Pharma.
*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
*Company looks to buy shares restricted since Cargill split. May 13- U.S. fertilizer producer Mosaic Co plans to have accumulated a $2 billion cash pile by the end of May to buy back shares locked up since its split from agribusiness giant Cargill Inc..