Stocks Stock Buybacks

  • US Markets

    The record pace of stock buybacks raises the question of how corporate leaders really feel about what's ahead, says REX Shares' Greg King.

  • The Viacom Inc. headquarters in New York.

    Shares of Viacom dipped more than 4 percent Monday after the company announced a resolution to a governance dispute that resulted in CEO Philippe Dauman's resignation.

  • NEW YORK, Aug 16- The value of stock buyback announcements from U.S. companies slowed to its lowest level in four years, TrimTabs Investment Research said on Tuesday, potentially undercutting one of the main drivers of the current bull market. "Buyback activity has been disappointing in earnings season," said David Santschi, chief executive officer of TrimTabs.

  • NEW YORK, Aug 16- The value of stock buyback announcements from U.S. companies slowed to their lowest level in four years, TrimTabs Investment Research said on Tuesday, potentially undercutting one of the main drivers of the current bull market. At $1.8 billion a day, the amount of buyback announcements from U.S. companies during the nearly completed...

  • Bull

    Multiple Wall Street firms sent clients research this week worried about the deterioration of corporate stock buybacks this year.

  • *Q2 EPS 40 Canadian cents vs 46 cents average view. TORONTO, Aug 4- Manulife Financial Corp, Canada's biggest life insurer, said it could buy back shares after reporting lower-than-expected quarterly earnings and warning of a future C $500 million charge. Manulife blamed its disappointing second-quarter earnings on a sharp decline in interest rates as well as...

  • BRIEF-MANULIFE CEO SAYS CONSIDERING SHARE BUY-BACKS@. *Manulife CEO says giving consideration to buying back shares in company. *Manulife CEO says feels a lot of confidence about second half being better than first.

  • MANULIFE CEO SAYS GIVING CONSIDERATION TO BUYING BACK SHARES IN COMPANY.

  • Governor of the Bank of England Mark Carney hosts a quarterly Inflation Report press conference at the Bank of England in central London, Britain August 4, 2016.

    Cheaper money means the opportunity for more deals, bigger dividends and additional buybacks.

  • Aug 4- Hong Kong shares joined a global market rally as a rebound in oil prices improved risk appetites. The Hang Seng index rose 0.4 percent, to 21,832.23, while the China Enterprises Index gained 0.3 percent, to 9,004.62 points. Shares of HSBC extended their gain following the lender's announcement of a $2.5 billion share buy-back scheme on Wednesday.

  • Aug 3- Intercontinental Exchange Inc, the owner of the New York Stock Exchange, announced a 5- for-1 stock split on Wednesday and said it would buy back up to $1 billion of shares. Net income attributable to ICE rose 26 percent to $357 million, or $2.98 per share, in the second quarter ended June 30 from $283 million, or $2.54 per share, a year earlier.

  • Aug 3- Office Depot Inc, which scrapped a plan to merge with larger rival Staples Inc in May on antitrust concerns, said it would close about 300 more stores in the next three years to help cut annual costs by $250 million by the end of 2018.. However, Office Depot said it had initiated a quarterly dividend of 2.5 cents per share and would increase its stock buyback plan...

  • Aug 3- Intercontinental Exchange Inc, the owner of the New York Stock Exchange, announced a 5- for-1 stock split and said it would buy back up to $1 billion in shares. The company also reported a 26 percent rise in quarterly profit as it earned more from data services. Net income attributable to the company rose to $357 million, or $2.98 per share, for the second quarter...

  • HONG KONG/ LONDON, Aug 3- HSBC announced a $2.5 billion share buy-back and pared ambitions to grow dividend payouts and returns as it took pragmatic steps to soothe investors amid slowing growth in its home markets of Britain and Hong Kong. The lender's London- listed shares were trading 3.6 percent higher at 0808 GMT after the buy-back took the sting out of a 29...

  • HONG KONG/ LONDON, Aug 3- HSBC said its first-half profit tumbled 29 percent, slammed by slowing growth in its home markets in Britain and Hong Kong, but Europe's biggest bank cheered investors by announcing plans to buy back up to $2.5 billion of its shares. By 0653 GMT HSBC shares in Hong Kong were trading up 1.8 percent at HK $51.70, rebounding from a fall of 1.7...

  • Man closing vault

    Vanguard shuts new investors out of dividend growth fund, as market shows signs pace of dividends won't hold up.

  • July 21- Visa Inc, the world's largest payments network operator, reported a steep drop in quarterly profit, hurt by costs related to the acquisition of Visa Europe, and said it would buy back Class A shares worth $5 billion. The company's net income fell to $412 million, or 17 cents per Class A share, in the three months ended June 30 from $1.69 billion, or 69 cents per...

  • July 19- United Continental Holdings Inc will buy back $2 billion of stock and sell fewer seats than planned, as rivals add flights in excess of demand, pushing down fares, the airline said Tuesday. Fresh off a battle with two activist hedge funds, United's board approved a stock buyback of $2 billion, or almost 13 percent of the company's market value.

  • July 19- United Continental Holdings Inc said on Tuesday it would buy back more of its shares and boost third-quarter profit margin by selling fewer seats than previously planned to stop ticket prices from dropping. The No. 3 U.S. airline by passenger traffic said in a statement its board had approved a $2 billion share buyback program. Excluding items such as...

  • The company also said it would buy back $2 billion of its stock. The No. 3 U.S. airline by passenger traffic earned $588 million in the second quarter. Excluding items such as airport assets that lost value, profit fell 32 percent to $863 million, or $2.61 per share.