Sept 30- Activist investor Starboard Value LP disclosed a 3.7 percent stake in automotive parts retailer Advance Auto Parts Inc on Wednesday and urged the company consider steps including a "substantial" dividend or buyback. Advance Auto shares could be worth more than $350 each if the company took steps to improve margins, Starboard said in a letter to Chief...» Read More
Scott Budman, KNTV San Jose with the latest details on Dell's plans to buy back up to five billion dollars in stock.
Mad Money host Jim Cramer with his take on three egregious users of buyback programs and asks what would have happened if these companies took all the money they spent on share repurchases over the last five years, and had instead returned it to investors in the form of a dividends?
People usually think of insider trading as illegally manipulating stock sales for huge profits. But it can also be legal. So just what is insider trading? When can it be legal? Here are the details.
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The mining industry is beginning to run out of debt and this is proving to be a problem according to Andrew Keen, the head of metals & mining research at HSBC.
Fourth-quarter earnings per share could be artificially boosted by stock buybacks for the first time since 2007, Howard Silverblatt, senior index analyst at Standard & Poor’s told CNBC.com.
The London Stock Exchange was scrambling to establish how a human error in possibly “suspicious circumstances” had knocked out one of its dealing platforms on Tuesday as the exchange conceded it would now have to delay switching over to a new trading system until next year, reports the Financial Times.
General Electric said its board approved an increase in its dividend and extended its stock repurchase plan.
Regulators have told US banks to avoid increasing dividends or share buyback programs until the economy is on firmer footing, the Financial Times reported Wednesday.
On the last day of Sept. 2008, one of the wildest, scariest months in U.S. financial history, the Wall Street-Washington roller-coaster starts climbing again.
Monday starts out hopeful. By day's end, those hopes are dashed, as the House kills the bailout bill and stock markets plunge to new lows.
Sunrise: Congressional leaders from both parties emerge from intense talks to present a $700 billion financial rescue plan agreement on Sunday.
As events go, Saturday seems more sedate than it has in weeks. But it's a false calm, as Washington scrambles to find common ground on a financial rescue plan.
White House, legislators fail to teach agreement on the $700 billion financial bailout. U.S. shuts WaMu and JPMorgan grabs the assets.
Pres. Bush goes on TV Thursday and urges Congress to quickly pass a $700 billion rescue package for the U.S. financial system. Key lawmakers say they've reached an agreement, in principle, on the major parts of the plan.
Paulson, Bernanke back on Capitol Hill to sell the bailout. Fed coordinates with Australian and Scandinavian central banks to keep global finance running. Goldman Sachs sells $5 billion in common shares.
Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke head to Capitol Hill to sell the $700 billion bailout plan. Warren Buffett invests $5 billion in Goldman Sachs. WaMu talks to suitors about a takeover.
Euphoria fades Monday as the market digests previous days' events. Japan's Mitsubishi seeks a piece of Morgan Stanley—killing hopes for a Morgan/Wachovia merger. And NYSE adds 30 stocks to the "no short" list.
The Bush administration and Congress step up talks Sunday on an historic $700 billion bank bailout — racing the clock to stem further financial market turmoil.