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Stocks Stock Buybacks

  • Visa's shares were up 2.8 percent at $93.70 in trading after the bell on Thursday, after the company also announced a $5 billion share buyback program. Payment volumes in the United States, Visa's largest market, increased 11.7 percent to $775 billion on a constant dollar basis. Net income fell to $430 million or 18 cents per Class A share in the second quarter, from...

  • NEW YORK/ MONTREAL April 20- Shares of railroad operator CSX Corp soared more than 7 percent on Thursday to a record high, after the company reported better-than-expected quarterly earnings and its new chief executive officer outlined plans to improve margins and cut costs, including job reductions. Jacksonville- headquartered CSX forecast a 25 percent rise...

  • NEW YORK, April 20- Shares of railroad operator CSX Corp jumped more than 6 percent on Thursday after the company reported better-than-expected quarterly earnings and its CEO said it aims at lower costs, including job reductions, and improved margins. Chief Executive Hunter Harrison said in a call with analysts that the No. 3 U.S. railroad also plans to bring...

  • *Plans 5 bln euro share buyback, dividend growth of 12 pct. LONDON, April 6- Unilever promised shareholders a multi-billion euro rewards package on Thursday after February's $143 billion takeover offer from Kraft Heinz jolted it into a corporate makeover aimed at proving it can go it alone. Unilever, one of Europe's biggest blue-chip stocks, called the Kraft...

  • April 5- Drugstore chain operator Walgreens Boots Alliance Inc reported a surprise drop in quarterly sales on Wednesday, citing challenging market conditions in Europe and the impact of a stronger dollar. The company also said it would repurchase up to $1 billion worth of shares until Dec. 31. Sales in its wholesale business, which also operates in Europe, fell...

  • How to maneuver CEO buybacks

    Jim Cramer dives into CEO stock buybacks and how they can help or hurt investors.

  • Cramer on how investors should maneuver CEO buybacks

    Jim Cramer dives into CEO stock buybacks and how they can help or hurt investors.

  • Pedestrians walk outside the New York Stock Exchange.

    Jim Cramer dives into CEO stock buybacks and how they can help or hurt investors.

  • Very pleased with numbers: Adecco CEO

    Adecco CEO Alain Dehaze discusses earnings, a planned share buyback and growth in regional markets.

  • *Earnings of C $2.28 before items vs forecast C $1.88. TORONTO, Feb 28- Bank of Montreal, Canada's fourth-biggest lender, on Tuesday reported much higher-than-expected quarterly earnings and announced plans to buy back 15 million of its shares. Net income rose to C $1.49 billion, or C $2.22 per share, from C $1.07 billion, or C $1.58 per share, a year earlier.

  • TORONTO, Feb 28- Bank of Montreal, Canada's fourth-biggest lender, on Tuesday reported much higher-than-expected quarterly earnings and announced plans to buy back 15 million of its shares. Net income for the first quarter ended on Jan. 31 rose to C $1.49 billion, or C $2.22 per share, from C $1.07 billion, or C $1.58 per share, a year earlier. BMO said net income from its...

  • NEW YORK, Feb 25- Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized practice: share buybacks. Some critics, including BlackRock Inc Chief Executive Officer Larry Fink, think the practice of companies buying back their own shares to boost...

  • Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc.

    Berkshire Hathaway's Warren Buffett follows one simple rule of investing, but he violates it in ways investors may not understand.

  • Feb 24- Hilton Worldwide Holdings Inc, owner of the Waldorf Astoria hotel chain, said on Friday it would buy back up to $1 billion of its shares, and that it would change its corporate name to' Hilton Inc', effective March 6. Hilton's board also declared a quarterly dividend of 15 cents per share, payable on March 31. Based on Thursday's closing price of $57.21, Hilton can...

  • Feb 24- Hilton Worldwide Holdings Inc, owner of the Waldorf Astoria hotel chain, said on Friday its board authorized a stock repurchase program of up to $1 billion, and that it would change its corporate name to' Hilton Inc' effective March 6.

  • Bristol-Myers, whose shares fell 2 percent to $53.45 on Tuesday, also disclosed that it expects to post charges of $1.5 billion to $2 billion in connection with a restructuring announced in October. The New York- based drugmaker also announced a $2 billion accelerated share repurchase program it will fund through a combination of debt and cash.

  • *Q4 sales $22.21 bln vs est $21.81 bln. *Q4 adj profit $1.44/ shr vs est $1.34/ shr. Feb 21- Home Depot Inc reported higher-than-expected quarterly profit and sales, boosted by a strong housing market in the United States, and set a $15 billion share repurchase program.

  • Pisani: Home Depot is what I call a buyback monster

    CNBC's Bob Pisani looks ahead at what's moving markets this morning including a record high for Home Depot.

  • *Wal-Mart's shares were up 1.5 percent at $70.42 in premarket trading after the world's largest brick-and-mortar retailer reported a higher-than-expected rise in comparable store sales. *Home Depot rose 1.63 percent to $145.33 after the home improvement store chain reported better-than-expected results and set a $15 billion buyback program.

  • *Q4 sales $22.21 bln vs est $21.81 bln. *Q4 adj profit $1.44/ shr vs est $1.34/ shr. Shares of the company, which also forecast 2017 sales ahead of Wall Street estimates, were up 1.8 percent at $145.59 in premarket trading on Tuesday.