Stock Buybacks


  • Why GE sold now: Jeffrey Immelt   Friday, 10 Apr 2015 | 9:02 AM ET
    Why GE sold now: Jeffrey Immelt

    CNBC's David Faber sits down with GE CEO Jeffrey Immelt to talk about the company's decision to sell GE Capital and take the bulk of the sales to buy back $50 billion of its stock.

  • April 10- General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo& Co for $26.5 billion, in the biggest commercial real estate deal since 2007.. The stock rose nearly 2 percent on Thursday after the Wall Street Journal first reported that the company was close to selling its real estate...

  • April 7- Shares of MTV owner Viacom Inc slipped on Tuesday, a day after the company hit the pause button on a $20 billion share buyback program and announced slew of restructuring steps that will result in a charge of $785 million. Viacom is struggling to adjust to shifting viewing habits as people ditch pricey cable subscriptions in favor of video streaming...

  • April 2- Simon Property Group Inc, the largest U.S. shopping mall owner, said it would buy back $2 billion in stock, less than 48 hours after scrapping an attempt to buy rival Macerich Co.. Simon Property said on Thursday it could repurchase its shares over the next two years. The company withdrew its offer for Macerich late on Tuesday after the smaller company...

  • Good time to buy Apple?   Thursday, 2 Apr 2015 | 6:30 AM ET
    Good time to buy Apple?

    Daniel Ernst, Hudson Square Research, says Apple's stellar growth is largely driven by innovation and all the signs are there they are growing the top and bottom line.

  • 12 companies whose big buybacks backfired Friday, 27 Mar 2015 | 1:59 PM ET
    The silhouette of a pedestrian in front of a Bed Bath & Beyond store in San Francisco.

    Companies like Cameron International and Bed Bath & Beyond have seen their shares lag the market since 2013, USA Today reports.

  • The new corporate activist   Friday, 27 Mar 2015 | 11:41 AM ET
    The new corporate activist

    CNBC's Kate Kelly reports on Starboard's Jeff Smith's approach to corporate activism, and the changes he wants to see at Yahoo.

  • Red Hat's better cloud plan: CEO   Thursday, 26 Mar 2015 | 6:29 AM ET
    Red Hat's better cloud plan: CEO

    We aren't managing a legacy decline, says Jim Whitehurst, Red Hat CEO, discussing how the significant increase in cloud adoption is impacting the company's growth as companies move from older technology to open source software.

  • Merck increases share buyback plan   Wednesday, 25 Mar 2015 | 10:18 AM ET
    Merck increases share buyback plan

    The New Jersey-based drug giant buys back $10 billion worth of its own shares. CNBC's Landon Dowdy reports.

  • Merck increases share buyback program by $10 bln Tuesday, 24 Mar 2015 | 5:24 PM ET

    March 24- Drugmaker Merck Inc said its board authorized an additional share repurchase of up to $10 billion of the company's common stock. The total outstanding share repurchase authorization is now about $11.7 billion, the company said on Tuesday. Shares of the company, which has a market capitalization of about $166 billion, were up 1.39 percent at $59.45 in...

  • Google's new CFO, new dividend?   Tuesday, 24 Mar 2015 | 5:04 PM ET
    Google's new CFO, new dividend?

    Google announced the company hired new CFO Ruth Porat, which leaves many wondering about a dividend or a buyback. Martin Pyykkonen, Rosenblatt Securities senior analyst, says this hire is a positive move.

  • Buyback blackout   Tuesday, 24 Mar 2015 | 5:00 PM ET
    Buyback blackout

    The buyback blackout is the period of time before a company reports earnings when it cannot announce new buybacks. The FMHR traders take their positions.

  • MOSCOW, March 19- Russia's Norilsk Nickel, the world's second largest nickel and largest palladium producer, is considering a buy-back of its shares to support its stock, Interfax news agency quoted Vladimir Potanin, its chief executive, as saying on Thursday.

  • TOKYO, March 13- Japan's Nikkei hit a fresh 15- year high on Friday and posted fifth consecutive weeks of gains as industrial robot maker Fanuc Corp jumped 13 percent on a report that it will consider raising its dividend and buying back stock. Index heavyweight Fanuc contributed a hefty 124.57 positive points, or about 50 percent of the Nikkei's point gains.

  • *Fanuc jumps 12 pct on plan to boost dividend, talk to investors. TOKYO, March 13- Japanese shares extended gains on Friday as industrial robot maker Fanuc jumped more than 10 percent on a report that it will consider raising its dividend and buying back stock. Fanuc's about-turn could boost investors' appetite for Japanese shares as a successful case of Prime...

  • NEW YORK, March 11- Morgan Stanley withdrew a proposal to repurchase $4.9 billion worth of trust preferred securities in order to get approval from the U.S. Morgan Stanley's capital plan originally included buying back those hybrid securities, as well as the dividend increase and common stock buyback that it announced on Wednesday, said the person, who was not...

  • NEW YORK, March 11- Big U.S. banks, including JPMorgan Chase& Co and Citigroup Inc, are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may be as much about the institutions' financial engineering as any improvement in their health. Issuing preferred shares to pay for...

  • US STOCKS-Wall St slumps on Greece concerns Tuesday, 10 Mar 2015 | 9:51 AM ET

    *Qualcomm jumps in premarket, to buy back shares. NEW YORK, March 10- U.S. stocks fell on Tuesday, dropping in a broad decline amid renewed concerns about debt talks with Greece and as crude oil fell, weighing on energy shares. "There's a lot of rhetoric out there, some of which feels like name-calling, all of which makes the situation read as worse than it used to be," said...

  • *Qualcomm jumps in premarket, to buy back shares. *Crude oil falls; Exxon, Halliburton weaker. NEW YORK, March 10- U.S. stock index futures pointed to a lower open on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks with Greece.

  • Harry Wilson: GM making progress, staying competitive

    Mary Barra is building a system around her that will be very successful, says Harry Wilson, Maeva Group chairman & CEO, sharing his thoughts on progress GM has made to improve and stay innovative and competitive.