American Airlines announced Thursday that it would pay its first dividend in 34 years, and both American and United Airlines announced big plans to buy back their own stock, a strategy designed to boost the value of remaining shares.» Read More
Boeing's report "gives much more confidence about the ability to return cash," said Ken Herbert, an analyst at Canaccord Genuity Inc.. Boeing spent nearly $3 billion in the first quarter to buy back some 19 million shares and pay dividends, most of the expected amount for the year, according to analysts.
CNBC's Josh Lipton reports Apple's buyback program could get a big boost when the company reports earnings next Wednesday.
"In this period of time what we're witnessing is the fruits of intense and unreasonable regulation out of Washington," says Ken Langone, Home Depot co-founder, discussing the current market cycle and what the economy needs to start growing.
NEW YORK, April 3- Citigroup Inc said on Thursday that Gene McQuade, a bank executive who was retiring to become a director, will lead a new push to win permission from the Federal Reserve to pay higher dividends and buy back stock. Corbat said the Fed's rejection last week of Citigroup's plan to distribute capital "is a call to action for our firm."
David Winters, Wintergreen Advisers CEO shares his opinions on Coca-Cola's compensation strategy. Winters believes the amount of shares issued to executives is excessive and Coke is hijacking its shareholder buyback program.
The "Squawk on the Street" news team discuss the decision by the Fed to reject the plans of Citigroup to raise dividend payments and increase stock buybacks.
WASHINGTON/ NEW YORK, March 26- The Federal Reserve on Wednesday rejected Citigroup Inc's plans to buy back $6.4 billion of shares and boost dividends, saying the bank is not sufficiently prepared to handle a potential financial crisis.
CNBC's Patti Domm and Bob Pisani discuss the latest information on IPOs, including latest IPOs, expected IPOS, recent filings and performance.
HONG KONG, March 21- China indexes extended gains on Friday afternoon, as investors bought shares after the expiry of Chinese futures, focusing on sectors such as coal and banks which have been hammered recently on concerns about the slowing economy. The Shanghai Composite Index was up 2.6 percent at 0628 GMT, after opening down on Friday morning.
Shares of World Acceptance Corp. tanked after news the company received a civil investigative demand from the Consumer Financial Protection Bureau. CNBC's Herb Greenberg wonders what took the CFPB "so long."
March 12- Doughnut retailer and wholesaler Krispy Kreme Doughnuts Inc raised its full-year earnings per share forecast and said it would buy back $30 million more of its shares.
March 11- Canadian Pacific Railway, the country's second-largest rail operator, said on Tuesday it will buy back up to 5.3 million shares, or about 3 percent of its total outstanding shares, over the next year.
March 11- Canadian Pacific Railway, the country's second-largest railroad, said it would buy back up to 5.3 million shares, or about 3 percent of its total outstanding shares, over the next year. Canadian Pacific shares closed at C $171.30 on Monday on Toronto Stock Exchange, valuing the buyback program at about C $903 million.
ZURICH, March 6- Computer accessories maker Logitech raised its guidance for the fiscal year starting in April on Thursday, sending its shares up more than 6 percent. Chief Executive Officer Bracken Darrell said in a statement he was confident Logitech was on the right track with its turnaround strategy.
*Qualcomm increases repurchase program, dividend; shares jump. NEW YORK, March 4- U.S. stocks rallied on Tuesday, with the S&P 500 at a record high, as fears of a confrontation between Russia and Ukraine eased and Russian President Vladimir Putin said there was no need to use military force in the Crimea region for now.
March 4- Qualcomm Inc, the world's biggest cellphone chip maker, raised its share repurchase authorization by $5 billion to $7.8 billion. The company also raised its cash dividend by 20 percent to 42 cents per share, effective for quarterly dividends payable after March 26. Qualcomm said $2.8 billion remained under the previous stock repurchase plan.
*Attributable earnings $1.53 vs est $1.28. Feb 20- Satellite TV provider DirecTV on Thursday reported fourth-quarter results that topped Wall Street estimates with better-than-expected U.S. growth and announced a $3.5 billion share buyback, sending its stock up nearly 3 percent.
TORONTO, Feb 20- Canadian coffee and doughnut chain Tim Hortons Inc reported weaker-than-expected results on Thursday, hurt by slowing growth, but its stock jumped as it hiked its dividend and made plans to buy back up to C $440 million in shares.
Feb 20- DirecTV, the largest U.S. satellite TV company, reported fourth-quarter results above analysts' estimates as it made more from each subscriber in the United States, and the company authorized a $3.5 billion share repurchase program. DirecTV's shares rose 1.8 percent in premarket trading.
Feb 20- Canadian coffee and doughnut chain Tim Hortons said it would buy back up to C $440 million in shares and raise its quarterly dividend, in the face of pressure from shareholders to return capital.