Stocks Stock Buybacks

  • *Rocket has 2.1 billion euros in cash. BERLIN, Sept 20- German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros, 3.6 percent of its outstanding stock. However at around 28 euros, Rocket shares are still well under the 42.5 euros price when...

  • Companies's strong revenues growth is what's driving markets, says Goldman Sachs's Kostin

    David Kostin, Goldman Sachs chief U.S. equity strategist, joins 'Squawk on the Street' to discuss buybacks and markets.

  • Stocks are closing higher on Wall Street as technology companies rose following a recent bout of weakness. Apple jumped 2.4 percent Thursday, a day after putting out its new lineup of iPhones, and chipmaker Qualcomm rose 4 percent after announcing a big stock buyback program. Apple jumped 2.7 percent Thursday, a day after putting out its new lineup of iPhones, and...

  • NEW YORK— Qualcomm is buying back $16 billion of its own stock as part of a broader goal of repurchasing up to $30 billion of its shares. Shares of Qualcomm Inc. rose $1.45, or 2 percent, to $73.20, before the opening bell Thursday. The telecommunications equipment company, based in San Diego, said it expects to buy back an initial 178 million shares from Bank of America,...

  • Sept 13- U.S. chipmaker Qualcomm Inc said on Thursday it would buy back about $16 billion of its common stock as part of the previously announced $30 billion stock repurchase plan.

  • Sept 13- U.S. chipmaker Qualcomm Inc said on Thursday it would buy back about $16 billion of its common stock as part of the previously announced $30 billion stock repurchase plan.

  • Sept 11- Industrial equipment rental firm Ashtead Group expects to beat its previous full-year profit expectations thanks to a weaker sterling and will increase its share buyback programme, it said on Tuesday, sending its shares up as much as 6 percent. After recovering strongly into the start of this year, the pound has slipped back against the dollar towards...

  • Warren Buffett, one of the most successful investors in the world

    Warren Buffett's Berkshire Hathaway began buying back its own stock in the past decade and has long benefitted from big share repurchases of stocks it owns, most recently, Apple. The billionaire investor explains the enduring power of the buyback.

  • TORONTO, Aug 28- Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial& Risk unit to Blackstone Group LP on Oct. 1. Shares in Thomson Reuters, which had been suspended prior to the announcement, were trading at C $58.03, up 3.6 percent at 1:30 p.m. EDT in...

  • TORONTO, Aug 28- Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial& Risk unit to Blackstone Group LP on Oct. 1. Shares in Thomson Reuters, which had been suspended prior to the announcement, were trading at C $58.12 at 1:12 p.m. ET in Toronto, having...

  • Aug 21- U.S. companies' taste for their own shares is set to push buybacks past the $1 trillion- a-year mark for the first time as soon as November, TrimTabs Investment Research said, even as its latest data showed the pace of new repurchase announcements slowing during the second-quarter reporting season. Announcements made in the second-quarter reporting...

  • *Launches 200 mln euro share buyback. COPENHAGEN, Aug 15- Shares in wind turbine maker Vestas jumped 7 percent on Wednesday after it reported forecast-beating orders and profit and said a steep decline in prices had stabilized. Vestas said prices per megawatt had stabilized in the second quarter, albeit at a much lower level than last year, echoing recent...

  • COPENHAGEN, Aug 15- Shares in wind turbine maker Vestas jumped 7 percent on Wednesday after the company said a strong order intake helped it beat second-quarter profit expectations and it launched a 200 million euro share buy-back scheme. The results and news of the share buy-back to run over the next four months overshadowed Vestas' warning that tariffs...

  • Cramer says index fund buying and buybacks are creating a 'stock shortage'

    Jim Cramer attributes the market's rally to the confluence of two drivers: increased index fund investing and corporate share buybacks.

  • Buybacks, index fund buying creating a 'stock shortage'

    Jim Cramer attributes the market's rally to the confluence of two drivers: increased index fund investing and corporate share buybacks.

  • Traders pass in front of an American flag displayed outside of the New York Stock Exchange in New York.

    Jim Cramer attributes the market's rally to the confluence of two drivers: increased index fund investing and corporate share buybacks.

  • Companies set to buy back $1 trillion in shares this year: Goldman Sachs

    David Kostin, Goldman Sachs chief U.S. equity strategist, breaks down the impact that a record $1 trillion in share buybacks this year could have on the market.

  • Buyback binge: Betting on a record year?

    CNBC's Mike Santoli, John Blank of Zack’s Investment Research and Kevin O’Leary of O’Shares ETFs join the 'Closing Bell' team to discuss the day's market activity and the buyback binge.

  • Stock buybacks could hit record $1T in 2018: Goldman Sachs

    CNBC's Bob Pisani reports on why companies are on a buyback binge, helped along by tax cuts and revenue growth.

  • PRUDENTIAL FINANCIAL INC SAYS COMPANY EXPECTS TO USE REMAINING $750 MLN OF SHARE REPURCHASE AUTHORIZATION BY YEAR-END- CONF CALL.