After-Hours Buzz: Nokia, Microsoft, Micron & More
Stock Buybacks
More
-
SPRINGFIELD, Mass.-- Smith& Wesson Holding Corp. said Thursday that it expects its first-quarter financial results may top market expectations and it is planning to buy back some of its shares. Smith& Wesson, based in Springfield, Mass., is scheduled to report quarterly earnings on June 25.
-
Smith & Wesson says it expects Q4 earnings and revenue to beat its previous expectations, and that its board has approved a repurchase of up to $100 million in stock, reports CNBC's Josh Lipton.
-
MEMPHIS, Tenn.-- Auto parts retailer AutoZone Inc. said Thursday that it is adding to its buyback program with the repurchase up to $750 million in company stock. AutoZone bought back 833,000 shares for about $325 million during its latest fiscal quarter. Shares of AutoZone rose 71 cents to $416.71 in midday trading.
-
*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.
-
*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.
Most Popular Video
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."