NEW YORK— A day after splitting the company in two, Energizer said it would issue a dividend and buy back up to 7.5 million shares. The St. Louis company will pay out a 25 cent dividend on September 9 to all shareholders of record as of the close of business on August 19. Energizer Holdings Inc., a company that logged $1.8 billion in revenue last year, now operates...» Read More
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.
The New Jersey-based drug giant buys back $10 billion worth of its own shares. CNBC's Landon Dowdy reports.
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 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.
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...
*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.
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.
Harry Wilson, Maeva Group chairman & CEO, discusses why he withdrew his candidacy for a General Motors board seat after the automaker announced a $5 billion buyback program.
*Qualcomm jumps in premarket, to buy back shares. *Crude oil falls; Exxon, Halliburton weaker. NEW YORK, March 10- U.S. stock index futures fell on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks in Greece.
Charles Jacobs, partner at Linklaters, discusses the role of the activist shareholder following news that General Motors had agreed to a $5-billion stock buyback to end a standoff with an activist investor.
Qualcomm will return $15 billion to shareholders in a share repurchase program, with the "Fast Money" traders.
Qualcomm also raised its quarterly dividend to 48 cents per share from 42 cents, effective March 25. The new buyback plan replaces the previous program, which had $2.1 billion authorization remaining, Qualcomm said. Qualcomm said on Monday it would continue to return at least 75 percent of its free cash flow to shareholders annually.
March 9- Chipmaker Qualcomm Inc said it would buy back up to $15 billion of shares and raise its quarterly dividend. Qualcomm will buy back up to $10 billion in the next 12 months, the company said on Monday. Qualcomm said its quarterly dividend would rise to 48 cents per share from 42 cents from March 25.
Qualcomm will return $15 billion to shareholders in a share repurchase program, reports CNBC's David Faber.