Peter Weinberg, Perella Weinberg, provides his thoughts on what's driving corporate spinoffs.» Read More
Ford says it will buy back up to about 116 million shares of company stock worth about $1.8 billion.
DETROIT, May 7- Ford Motor Co announced on Wednesday a stock repurchase program of about $1.8 billion that it said will offset potential share dilution and positions the company to reduce its automotive debt by $883 million. The announcement boosted Ford stock about 0.7 percent to $15.57 per share after the New York Stock Exchange closed.
*Dividend to rise to 9 cents/ share from 6 cents. The carrier said its board approved a $2 billion share buyback program that will be completed by the end of 2016. The quarterly payout will rise to 9 cents a share from 6 cents a share in the third quarter, the company added.
Gene Munster, Piper Jaffray senior research analyst, discusses what's driving Apple's stock surge and explains why investors should feel confident in owning Apple.
Apple is expanding to medical technology. The company is recruiting a team of medical executives and has offered hints of the iWatch and others.
Health insurer Cigna's stock is making a comeback. Its President & CEO David Cordani, addresses its strong Q1 and increase in its full year outlook, and what he knows about Obamacare enrollment.
CNBC's Kate Kelly reports the latest on Bank of America's accounting error, which the CEO Brian Moynihan reassured is an isolated problem on an executive call Monday morning.
Bank of America announced it is suspending some of its previously announced capital actions. CNBC's Kayla Tausche breaks down the case for BofA.
Discussing Apple's newly announced stock split and innovation, with Darren Chervitz, Jacob Internet Fund.
The "Squawk on the Street" news team discuss Apple's 7-for-1 stock split, 8% dividend boost and a $30 billion increase in its share buyback program. Cramer says this is all about Apple growing the company.
Mark Hawtin, investment director at GAM, says Apple's share price is "incredibly cheap".
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.
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.
CNBC's Patti Domm and Bob Pisani discuss the latest information on IPOs, including latest IPOs, expected IPOS, recent filings and performance.
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."
Carl Icahn backed down from his Apple buyback plan. CNBC's Jon Fortt discusses where Apple should be investing its cash.
Proxy advisory firm ISS is recommending that shareholders vote against investor Carl Icahn's buyback proposal for Apple. CNBC's Jim Cramer and David Faber provide insight.
Apple repurchased $14 billion in shares over the past 2 weeks. CNBC's Jon Fortt and Abhey Lamba, Mizuho Securities USA senior equity research analyst, analyze Apple's buyback plan and whether Tim Cook is being evasive about product innovation.