Stocks Stock Buybacks

More

  • ALASKA AIR EXPECTS TO SLOW DOWN SHARE REPURCHASE PROGRAM IN 2016 AND LIKELY 2017 TO HELP WITH FINANCES DURING VIRGIN AMERICA ACQUISITION- CFO.

  • Don't fear 25 basis points: Pro

    Quincy Krosby, Prudential Financial, and Steven Dudash, IHT Wealth Management, share their outlook on the market ahead of Fed Chair Janet Yellen's speech on the economy.

  • Buyback blackout

    CNBC's Eric Chemi reports on whether companies that have had stock buybacks are a better investment.

  • Long-term, buybacks a death warrant: Pro

    Digging deep into data on buybacks and business performance, with CNBC's Eric Chemi, and David Nelson, Belpointe Asset Management.

  • Big bank buybacks

    CNBC's Bob Pisani reports on buybacks from JPMorgan Chase and Bank of America lifting financials today.

  • Bank of America's board authorizes repurchase of up to $800m in common stock

    The bank says the buyback will be designed to offset share count dilution from equity incentive compensation awarded to employees eligible for retirement.

  • March 18- Bank of America Corp said its board has authorized share repurchase of up to $800 million, in addition to the $4 billion share buyback announced earlier. The bank's shares were up 1.34 percent at $13.58 in premarket trading on Friday. JPMorgan Chase& Co said on Thursday it would repurchase up to $1.88 billion in common shares through the second quarter.

  • March 17- JPMorgan Chase& Co, the biggest U.S. bank by assets, said it will repurchase up to $1.88 billion in common shares through the end of the second quarter. The repurchase under the bank's 2015 capital plan is in addition to the $6.4 billion of shares authorized for repurchase by the board last year. The bank has got a non-objection from the board of governors of...

  • *3rd- quarter adjusted profit $0.64/ shr vs estimate of $0.62/ shr. March 15- Oracle Corp reported a higher-than-expected quarterly profit as its cloud business continued to gain momentum, and the company said it was boosting its stock buyback program by $10 billion. Revenue from Oracle's cloud-computing software and platform service, a closely watched metric,...

  • March 15- Oracle Corp reported a higher-than-expected quarterly profit and boosted its stock buyback program by $10 billion, sending its shares up about 3 percent in extended trading. Net income fell to $2.14 billion, or 50 cents per share, in the third quarter ended Feb. 29, from $2.50 billion, or 56 cents per share, a year earlier. Analysts on average had expected a...

  • Buybacks soar to new heights

    The Fast Money panel discusses buybacks as the number of companies doing buybacks increased to 25% this quarter.

  • Beware of buybacks?

    CNBC's Dominic Chu reports on the possibility that share buybacks could trigger the next downturn in markets.

  • The company also said on Thursday that it planned to buy back about $1 billion in shares in fiscal 2016.. Dollar General's net income rose to $376.2 million, or $1.30 per share, in the fourth quarter ended Jan. 29 from $355.4 million, or $1.17 per share, a year earlier. Net sales rose to $5.29 billion from $4.94 billion.

  • TOKYO, March 10- Japanese firms sitting on more than $3 trillion of cash are buying back their own shares at a record rate, while turning a deaf ear to calls from Prime Minister Shinzo Abe to step up spending on wages and investment to support the economy. Japan's largest companies are under pressure to boost meager returns for their investors, but the volume of cash...

  • Spin-outs a good strategy this year: Pro

    Discussing the state of the markets and the U.S. economy with David Kostin, chief U.S. equity strategist at Goldman Sachs.

  • Best Buy also said it would buy back up to $1 billion in shares over the next two years and it announced a special dividend of 45 cents per share. Best Buy forecast revenue of $8.25 billion- $8.35 billion and a profit of 31- 35 cents per share for the first quarter. Analysts on average were expecting revenue of $8.45 billion and a profit of 39 cents per share, according to...

  • The company also said it would buy back up to $1 billion in shares over the next two years and it announced a special dividend of 45 cents per share. Best Buy's net income fell to $479 million, or $1.40 per share, in the fourth quarter ended Jan. 30 from $519 million, or $1.46 per share, a year earlier. Revenue fell to $13.62 billion from $14.21 billion.

  • RELX increases dividend and raises buyback target

    Nick Luff, CFO of RELX Group, explains why the company is using surplus capital to buy back shares.

  • TJX also said that it would buy back about $1.5 billion- $2.0 billion in shares and the company forecast full-year profit largely above analysts' estimates. In the holiday season, "off-price retailers were a preferred destination for much of the middle and upper-middle class seeking brand names at value prices," Ken Perkins, the president of research firm Retail...

  • Feb 24- TJX Cos Inc, the owner of off-price chains T.J. Maxx and Marshalls, reported higher-than-expected quarterly sales as it attracted more bargain-hungry shoppers in the holiday season. The company also said on Wednesday that it would buy back about $1.5 billion- $2.0 billion in shares. TJX's net income rose 2.8 percent to $666.5 million, or 99 cents per share,...