Stock Buybacks


  • *Fujifilm to buy back 150 billion yen of own shares over 3- year term. TOKYO, Nov 11- Fujifilm Holdings Corp said it expects its influenza drug Avigan to be approved by international government bodies to treat Ebola after it receives clinical test results as early as the end of the year. "So far, four Ebola patients have recovered after being treated with the drug,"...

  • NEW YORK, Nov 3- Insurer American International Group on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations. Chief Executive Officer Peter Hancock said the company remains "disciplined in our approach to balancing growth, profitability, and risk and focused on maintaining...

  • LONDON, Oct 31- Romanian investment fund Fondul Proprietatea aims to launch its secondary listing in London in December and hopes to get approval from shareholders for another share buyback, the fund's manager Greg Konieczny said. On Friday, Fondul had a market capitalisation of 11.6 billion lei on the Bucharest stock exchange. Templeton has pushed...

  • Oct 29- Goodyear Tire& Rubber Co reported a higher-than-expected quarterly profit as raw material costs fell in North America and the tire maker said it would buy back shares worth up to $150 million in the fourth quarter. Operating income from Goodyear's North America business, which accounts for 44 percent of its total revenue, rose 30 percent in the third...

  • IBM adds $5B to buyback program Tuesday, 28 Oct 2014 | 1:23 PM ET

    Oct 28- IBM Corp said its board had approved a $5 billion share buyback in addition to the $1.4 billion remaining from its existing program. The company has been criticized for pursuing buybacks at the expense of investment in new technology. IBM spent $13.5 billion to repurchase stock in the first nine months of the year, more than double its net income.

  • Oct 28- HCA Holdings Inc, the largest U.S. hospital operator, on Tuesday announced a deal to acquire a Dallas- based provider of urgent-care services and said its board authorized the repurchase of up to $1 billion of its outstanding shares. HCA said its third-quarter net income rose to $518 million, or $1.16 a share, compared with $365 million, or 79 cents a share, a...

  • Nader: Apple buybacks are greedy  Monday, 27 Oct 2014 | 11:32 AM ET

    Consumer advocate Ralph Nader says the conditions are horrible for workers at Apple's Chinese factories, and criticizes the company's buybacks.

  • TOKYO, Oct 27- Japanese stocks rose on Monday as a weaker yen boosted exporter shares and investors confidently awaited upcoming earnings announcements. "Japan's our top pick market to buy back as we head into earnings season," said Jonathan Garner, managing director of research at Morgan Stanley, citing yen weakness as a driver of profit growth.

  • Wall Street breakups a good idea?  Friday, 24 Oct 2014 | 7:55 AM ET

    Peter Weinberg, Perella Weinberg, provides his thoughts on what's driving corporate spinoffs.

  • Buyback blues hit the Street  Friday, 24 Oct 2014 | 7:31 AM ET

    Suzanne Nora Johnson explains how share buyback plans are impacting corporate strategies.

  • Greenberg: Long-term plans bunch of hooey!  Tuesday, 21 Oct 2014 | 4:19 PM ET

    "Shark Tank" investor Kevin O'Leary, and CNBC contributor, discuss management turnaround strategies.

  • Buybacks could save stocks by year's end: Goldman  Monday, 20 Oct 2014 | 4:04 PM ET

    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.

  • "We are now in a blackout period so companies have been precluded from conducting tactical buyback activity that has supported the equity market during sell-offs in the recent past," said Goldman Sachs in a note earlier this week. October has been particularly quiet for buybacks by U.S. companies, with about $1.7 billion in stock repurchases announced or...

  • Oct 15- Hewlett-Packard Co said it would resume its share repurchase program, a day after sources told Reuters that the company had ended merger talks with EMC Corp. Shares of the company were up as much as 3 percent at $33.24 in premarket trading, while EMC's shares were marginally down at $27.28. HP, which has not acknowledged it was in talks with EMC, said it was...

  • HP to resume share repurchase program Wednesday, 15 Oct 2014 | 8:35 AM ET

    Oct 15- Hewlett-Packard Co said it would resume its share repurchase program, a day after sources told Reuters that the company had ended merger talks with EMC Corp.

  • Icahn says he will "never" run a proxy fight at Apple Thursday, 9 Oct 2014 | 12:49 PM ET

    BOSTON, Oct 9- Carl Icahn, who is calling on Apple to buy back more of its shares, said that he would not mount a proxy fight with the company to press his point. Speaking on CNBC, Icahn said "There will never be a proxy fight with Apple and me," underscoring that he has confidence in the company's Chief Executive Tim Cook. Pressed into saying what he might do if Apple rebuffs...

  • Icahn: Will never be proxy fight with Apple  Thursday, 9 Oct 2014 | 12:38 PM ET

    Icahn Enterprises' Carl Icahn says he hopes Apple CEO Tim Cook is listening to him and respects him, as he encourages the company to increase its buyback through a massive tender offer as much as $100 billion.

  • Icahn: In Apple for long haul  Thursday, 9 Oct 2014 | 12:17 PM ET

    Icahn Enterprises' Carl Icahn presses he's truly an Apple investor for the long haul, saying he thinks the stock will double.

  • Icahn: Sometimes boards need a little pressure  Thursday, 9 Oct 2014 | 12:12 PM ET

    Boards are human beings, and sometimes they need a little pressure, says Carl Icahn to "Fast Money Halftime Report." Icahn says he likes Apple's board.

  • Brett Icahn: Apple should be $200  Thursday, 9 Oct 2014 | 12:09 PM ET

    Sargon Portfolio Brett Icahn discusses his firm's latest position in Apple.