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  • Germany's DAX index ended the day up 2.5 percent at 8,967.51 while Britain's FTSE 100 gained 3.1 percent to 5,707.60. Bank shares led the way on Friday, with Deutsche Bank rallying 11.8 percent after saying it would buy back over $5 billion worth of its own bonds. Commerzbank jumped 18 percent after it announced its first dividend since 2007..

  • Pisani: Share buybacks increase: Good news? Thursday, 11 Feb 2016 | 4:20 PM ET
    Traders work on the floor of the New York Stock Exchange.

    There are several signs we are seeing somewhat more aggressive buyback announcements than usual.

  • The Plymouth, Minnesota- based company also reported fourth-quarter profit that fell less than expected, and announced a $75 million share repurchase program. Its shares jumped nearly 5 percent in early trading on the New York Stock Exchange. Falling currency values against the U.S. dollar have lowered production costs 17 percent in Canada, where Mosaic's...

  • Security a 'fantastic growth engine' for Akamai: CEO Thursday, 11 Feb 2016 | 8:34 AM ET
    Security a 'fantastic growth engine' for Akamai: CEO

    Tom Leighton, Akamai Technologies CEO, discusses the company's quarterly results which beat on both the top and bottom line, and weighs in on where he is seeing growth opportunities in OTT video and security.

  • Adjusted for special items, fourth-quarter net earnings were 65 cents per share, up from 43 cents per share a year ago. Thomson Reuters, the parent of Reuters News, competes for financial customers with Bloomberg LP, as well as News Corp's Dow Jones Unit. The company said it plans to buy back about $1.5 billion of its shares, having largely completed its prior $1...

  • SAFT-ON-WEALTH -Falling knives really do cut Wednesday, 10 Feb 2016 | 5:48 PM ET

    On Wednesday Deutsche Bank, which had fallen more than 50 percent from its 2015 peaks, rose 10 percent from its Tuesday low after reports the company plans to buy back bonds. Similarly, mining shares in the FTSE 350 index, which fell as much as 60 percent since 2015 highs, recently jumped 25 percent in less than three weeks. "Rarely do those stocks that lead us down into a...

  • Amazon to buy back $5 bln of shares Wednesday, 10 Feb 2016 | 5:14 PM ET

    Feb 10- Amazon.com Inc, the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion share buyback program. The buyback replaces the $2 billion repurchase program approved in 2010. The company had $763 million remaining under the previous plan.

  • Cisco tops Street fiscal 2nd-quarter forecasts Wednesday, 10 Feb 2016 | 4:35 PM ET

    SAN JOSE, Calif.— Cisco Systems Inc. reported better-than-expected quarterly results and announced a stock buyback plan and dividend increase, sending its shares higher in extended trading. A year earlier, Cisco earned $2.4 billion, or 46 cents per share. Like many of its competitors, Cisco has been attempting to expand into faster-growing segments as some of...

  • Viacom's past share buyback binge leaves investors hungry Wednesday, 10 Feb 2016 | 3:06 PM ET

    Feb 10- In a conference call after the company's disappointing results on Tuesday, Viacom Inc Chief Executive Philippe Dauman, among other things, said he was "focused on getting Viacom's stock price back" to levels it had been "just a short time ago." Shares of Viacom are down 64 percent from their peak in July 2014, a period when it was heavily repurchasing its shares.

  • Deutsche Bank shares soar after days of losses Wednesday, 10 Feb 2016 | 6:00 AM ET

    FRANKFURT, Germany— Deutsche Bank shares have rebounded strongly after a news report that the bank may buy back some of its own bonds to strengthen its finances. Deutsche Bank shares had fallen on worries over whether the bank could pay some of its obligations, and more generally by disappointment with the announcement Jan. 28 of a 6.8 billion euro loss for last...

  • Shares of Akamai, whose customers include EMC Corp, MTV Networks and Autodesk Inc, rose 9 percent to $44.66 in after hours trading on Tuesday. Net income fell to $88.4 million, or 49 cents per share, in the fourth quarter ended Dec. 31 from $97.1 million, or 54 cents per share, a year earlier. Revenue rose to $579.2 million from $536.3 million, above average analyst...

  • Big U.S. companies have lost billions buying their own stock. Nearly half the companies in a study of the Standard and Poor's 500 index spent more on these buybacks than the shares are now worth. Combined paper losses from purchases in the past three years for these losers: $126 billion, or 15 percent of what they paid, according to an Associated Press study based on...

  • *To buy back $2 bln- $2.5 bln shares in 2016. *4th- qtr adj EPS of $0.38/ share vs est $0.37. Coca-Cola said on Tuesday it would refranchise all its North America bottling operations by the end of 2017, three years earlier than expected, and also refranchise its bottling operations in China.

  • Can stock buybacks rescue markets? Tuesday, 9 Feb 2016 | 6:41 AM ET
    Can stock buybacks rescue markets?

    The market is not rewarding companies the way they did going back a year or so ago, says Mike Santoli, CNBC senior markets commentator, as buybacks set pace in 2016 for one of the fastest starts on record.

  • Shares of the company, which also announced a $500 million buyback program, rose as much as 17 percent to a two-month high of $28.83 on Thursday. And in November, Coty said it would pay $1 billion for the beauty care unit of Brazil's Hypermarcas SA. Sales in the color cosmetics business, which includes Sally Hansen nail polishes and Rimmel cosmetics, rose 10 percent...

  • 3M to buy back up to $10 bln shares, raises dividend Tuesday, 2 Feb 2016 | 4:34 PM ET

    Feb 2- 3 M Co, the maker of Scotch tape and Post-it notes, said it would buy back up to $10 billion worth of shares and also raised its quarterly dividend. The company raised its quarterly dividend to $1.11 per share from $1.025 per share. At Tuesday's close of 147.87, the company would be able to buy back about 67.6 million, or 11 percent, of its total outstanding shares.

  • The company, which has spent about $210 billion over the last decade buying back its own stock, is bowing to the reality that crude's sharp downturn is hurting its bottom line. It far surpasses second-place Microsoft Corp, which has bought back $125 billion in that time. "Exxon was the poster child for that and they haven't done so much of that lately," said Howard...

  • Exxon, tops in stock buybacks, now saving its cash Tuesday, 2 Feb 2016 | 11:27 AM ET

    The company, which has spent about $210 billion over the last decade buying back its own stock, is bowing to the reality that crude's sharp downturn is hurting its bottom line. It far surpasses second-place Microsoft Corp, which has bought back $125 billion in that time. "Exxon was the poster child for that and they haven't done so much of that lately," said Howard...

  • Excluding special items such as a noncash $3 billion boost from a change in accounting for tax allowances, earnings rose by 16.5 percent to $1.29 billion, or $2.00 per share. The Fort Worth, Texas- based airline said it had repurchased $1.1 billion worth of shares in the quarter as part of a previously announced buyback program. However, intense competition from...

  • Jan 28- FelCor Lodging Trust is under attack from activist investor Jonathan Litt, who is pushing the real estate investment trust to buy back shares, reduce debt and consider selling itself. The company replied on Thursday that it was already putting a strategic plan in place that involved key property sales and a $100 million stock buyback that commenced last...