ZURICH, March 6- Computer accessories maker Logitech raised its guidance for the fiscal year starting in April on Thursday, sending its shares up more than 6 percent. Chief Executive Officer Bracken Darrell said in a statement he was confident Logitech was on the right track with its turnaround strategy.» Read More
NEW YORK-- Hospital operator Tenet Healthcare said Monday it took a loss in the fourth quarter as it took on more debt because of an acquisition and a stock repurchase. During the quarter Tenet closed its purchase of Vanguard Health Systems and it took on $400 million in debt to finance stock repurchases.
*Attributable earnings $1.53 vs est $1.28. Feb 20- Satellite TV provider DirecTV on Thursday reported fourth-quarter results that topped Wall Street estimates with better-than-expected U.S. growth and announced a $3.5 billion share buyback, sending its stock up nearly 3 percent.
TORONTO, Feb 20- Canadian coffee and doughnut chain Tim Hortons Inc reported weaker-than-expected results on Thursday, hurt by slowing growth, but its stock jumped as it hiked its dividend and made plans to buy back up to C $440 million in shares.
Feb 20- DirecTV, the largest U.S. satellite TV company, reported fourth-quarter results above analysts' estimates as it made more from each subscriber in the United States, and the company authorized a $3.5 billion share repurchase program. DirecTV's shares rose 1.8 percent in premarket trading.
Feb 20- Canadian coffee and doughnut chain Tim Hortons said it would buy back up to C $440 million in shares and raise its quarterly dividend, in the face of pressure from shareholders to return capital.
*Underlying profit of $7.76 bln v $6.9 bln consensus. *Shares in Australia hit one-year high, outpace market. MELBOURNE, Feb 18- Global miner BHP Billiton topped market forecasts with a 31 percent rise in first-half profit on Tuesday and hinted it may launch a share buyback in August, despite giving a cautious outlook on Chinese growth.
Feb 18- U.S. chemical manufacturer Ashland Inc said it would sell its water technologies unit to a fund managed by Clayton, Dubilier& Rice for about $1.8 billion. The proceeds will be used to fund a $1.35 billion stock repurchase it also announced on Tuesday. Ashland shares were up 2.3 percent at $98.40 in early trading.
LOS ANGELES, Feb 12- CBS Corp reported higher profit that beat Wall Street forecasts for the quarter that ended in December, boosted by revenue from digital streaming deals and fees from pay television operators.
Feb 11- Mosaic Co offered an encouraging outlook and announced a big share buyback on Tuesday, buoying the U.S. fertilizer company's stock even as it reported a 79 percent plunge in quarterly profit, a sharper decline than expected.
Feb 10- Billionaire activist investor Carl Icahn has backed off from his proposal that Apple Inc increase its stock buybacks, citing the company's recent repurchases as well as an influential proxy adviser's call against his proposal.
Feb 10- Billionaire activist investor Carl Icahn said he saw no reason to keep demanding that Apple Inc increase its stock buyback plans, citing the company's recent stock repurchases as well as an influential proxy adviser's call against his proposal. Apple shares were up 1.8 percent at $529.20 in morning trading.
Carl Icahn backed down from his Apple buyback plan. CNBC's Jon Fortt discusses where Apple should be investing its cash.
Feb 10- Carl Icahn said he sees no reason to persist with his proposal that Apple Inc buy back $50 billion of its shares, given the recent share repurchases by the iPhone maker.
Proxy advisory firm ISS is recommending that shareholders vote against investor Carl Icahn's buyback proposal for Apple. CNBC's Jim Cramer and David Faber provide insight.
LONDON, Feb 10- European shares traded flat on Monday, as cosmetics maker L'Oreal gained on expectations it will buy back its shares owned by Nestle and helped to keep the market steady after its recent gains.
Feb 9- Proxy advisory firm ISS said it recommends shareholders vote against activist investor Carl Icahn's share buyback proposal for Apple Inc, according to a report obtained by Reuters on Sunday. "1/ 8 The Apple board 3/ 8 has returned the bulk of its U.S.-generated cash to shareholders via aggressive stock buybacks and dividends payouts," the ISS report said.
*Apple leads market higher on buyback boost. *Online travel agencies' shares fly after Expedia results. NEW YORK, Feb 7- U.S. stocks jumped on Friday, giving the S&P 500 its first weekly gain in four as the impact of a weak reading on the labor market was dulled by harsh weather conditions and traders focused on expectations of further economic strength.
But Apple shares rose 1.4 percent on Friday to $519.68, and the buyback should afford Chief Executive Tim Cook some kudos from big investors like Carl Icahn, who have been urging the company to return more money to shareholders.
*Apple leads market higher on buyback boost. *Online travel agencies' shares jump after Expedia results. NEW YORK, Feb 7- U.S. stocks climbed on Friday, setting the S&P 500 on track for its first weekly gain in four as a weak reading on the labor market was partly blamed on the weather and traders focused on expectations of further economic strength.
SAN FRANCISCO, Feb 7- Proxy advisory firm Egan-Jones advised Apple Inc shareholders on Friday to reject activist investor Carl Icahn's demand that the iPhone maker expand its stock buyback program, a proposal that will be put to a vote this month.