CNBC's Patti Domm reports on the anticipated rise of stock buybacks in the fourth quarter, a trend that could help push the S&P 500 to Goldman Sachs' year-end target of 2,050 points.» Read More
TJX, which owns clothing discounters T.J. Maxx and Marshalls, said on Friday that it authorized a new program to repurchase up to $1 billion of its common stock.
After a year of record profits, Wall Street firms are returning millions of dollars to their shareholders through dividends and buybacks.
World's biggest aluminum maker Alcoa said its board authorized a buyback of about 87 million shares and a more than 13% increase in its annual dividend.
Another twist in the controversy over stock options. A new academic study on backdating suggests many outside directors--who are supposed to safeguard against cozy relationships with management--received manipulated grants themselves. Alan Murray is Managing Editor of The Wall Street Journal. He was on "Morning Call" to discuss the issue.