Stock Buybacks
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*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..
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TORONTO, May 9- Tim Hortons Inc is likely to raise its debt levels and buy back shares but not to the extent that an activist investor is pushing for, Paul House, chief executive of the Canadian coffee-and-doughnut chain, said on Thursday.
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TORONTO, May 9- Tim Hortons Inc is likely to raise its debt levels and buy back shares, but the Canadian coffee-and-doughnut chain is not about to take on as much debt as an activist investor is pushing for, Chief Executive Paul House said on Thursday.
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May 9- North America's biggest farm retail supplier Agrium Inc reported lower quarterly profit on Thursday, and said it would buy back up to 5 percent of its stock.
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CNBC's Phil LeBeau talks with Richard Anderson, Delta Air Lines CEO, about the company's buyback program and its rare move to provide a dividend.
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May 8- Delta Air Lines Inc, moving to enhance investor returns, will start paying a dividend and launch a $500 million share buyback program, the company said on Wednesday.
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Facebook wants to invest every penny in its business, explains Mad Money host Jim Cramer. Just because it doesn't pay bountiful dividends, and return cash with legitimate buybacks doesn't mean it's bad.
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CALGARY, Alberta, April 30- Shares of Suncor Energy Inc rose 2.7 percent in early trading on Tuesday as the company increased its dividend 54 percent, said it would buy back C $2 billion of its own shares and after it reported first-quarter earnings that surpassed expectations.
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Christopher Kettenmann, chief energy strategist at Phoenix Partners Group, gives his estimates ahead of Exxon Mobil's quarterly results and questions how sustainable buybacks are for large oil companies.
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April 24- Shares of Apple Inc are set to open down 3 percent on Wednesday as the company's plan to return $100 billion in capital failed to appease shareholders shaken by the iPhone maker's first quarterly drop in profit in a decade.
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April 24- EMC Corp, the world's largest data storage equipment maker, on Wednesday reported an increase in first-quarter revenue and earnings but missed expectations. EMC also said it planned to buy back $1 billion of its common stock in 2013.. "There were fears of a disaster at EMC given what we have seen around tech with Oracle, IBM.
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Brian White, Topeka Capital Markets analyst, breaks down the tech company's better-than-expected second quarter; and discusses Apple's plans to raise its dividend by 15 percent and buy back $60 billion in stock.
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John Bright, Avondale Partners, discusses the tech giant's better-than-expected second quarter earnings and plans to unlock more cash for investors.
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Tom Forte, senior research analyst at Telsey Advisory Group, says innovation is what drives Apple's shares higher and that the buyback program will only help the stock on a short-term basis.
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John Buckingham, CIO & Chief Portfolio Manager at Al Frank Asset Management, says Apple will continue to generate the money to pay for its share buyback without dramatically eating into its cash pile.
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Brian Reynolds, chief market strategist at Rosenblatt Securities, tells CNBC that earnings per share have out-paced revenues in the last few earnings seasons because of corporate buybacks and says they should accelerate this year.
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*Third-quarter EPS 81 cents vs 64 cents year earlier. March 28- U.S. fertilizer producer Mosaic Co reported a 26 percent rise in third-quarter profit, driven by higher potash and phosphate volumes and said it wants to buy back shares later this year, lifting its stock 1.3 percent on Thursday.
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*Would be worth 5.1 billion euros at current prices. *Spain may sell 1.15 pct of EADS by April 9. Shareholders in the Airbus parent also approved a maximum buyback of 15 percent of the group's shares, worth 5.1 billion euros at current prices, but Chief Executive Tom Enders indicated he would not make use of the entire allocation after recent price gains.
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LONDON, March 26- European shares steadied on Tuesday, with some investors using the previous sessions' steep sell-off to buy back into the market, but uncertainties about the broader implications of the Cyprus bailout kept a lid on any gains. The FTSEurofirst 300 was flat at 1,186.48 points by 0814 GMT.
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MEXICO CITY, March 19- Mexican tycoon Carlos Slim's telecom giant, America Movil, aims to boost by 40 billion pesos the fund it uses to repurchase shares, the company said in a statement to the Mexican stock exchange on Tuesday.
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