Stock Buybacks


  • Economists aren’t sure why capital spending is slowing, but fret that the downturn may signal a coming recession, CNBC's Steve Liesman reports.“It bothers me whenever I see capital expenditures slowing because, historically, it’s been such a critical part of the economy,” Maury Harris, chief economist at UBS told Liesman. “This is happening at the same time that we have an on-going housing recession. I think it raises some red flags on the economy.”

  • 3i Group to Return $1.6 Billion to Shareholders Thursday, 29 Mar 2007 | 8:39 AM ET

    3i Group, Europe's largest publicly traded private equity company, said Thursday it will return 800 million pounds ($1.6 billion;1.2 billion euros) to shareholders after selling some of its assets.

  • CBS Buying Back About 47 Million Shares Tuesday, 6 Mar 2007 | 8:07 AM ET

    CBS,  producer of "60 Minutes" and the crime series "CSI," said Tuesday it is buying back about 47 million shares of its Class B stock for $1.4 billion through an accelerated repurchase transaction.

  • Honeywell to Buy Back up to $3 Billion in Stock Friday, 16 Feb 2007 | 8:34 AM ET

    Dow component Honeywell International said Friday its board of directors authorized the company to buy back up to $3 billion in common stock.

  • 3M Shares Jump on News of $7 Billion Buyback Program Tuesday, 13 Feb 2007 | 11:42 AM ET

    "3M is another example of Corporate America utilizing its balance sheet to maximize shareholder returns," Goldman Sachs analyst Jack Kelly said in a research note.

  • 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.

  • Lehman Brothers Raises Dividend, Sets Buyback Thursday, 1 Feb 2007 | 11:05 AM ET

    After a year of record profits, Wall Street firms are returning millions of dollars to their shareholders through dividends and buybacks.

  • Alcoa Approves Share Buyback, Raises Dividend Friday, 19 Jan 2007 | 12:42 PM ET

    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.

  • WSJ's Murray: Even Directors Back Date Stock Options Monday, 18 Dec 2006 | 10:41 AM ET

    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.