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Stocks Stock Buybacks

  • Chipotle announced additional $100 million stock buyback program

    CNBC's Contessa Brewer reports on Chipotle announcing a stock buyback of $100 million after a big miss on the company's earnings.

  • *Hartford will be No. 2 U.S. group life benefits insurer. Shares of The Hartford fell more than 5 percent to $53.63 after the insurer said it would suspend its existing buyback to fund part of the deal and would not repurchase stock next year. "Hartford is financing the deal by dividends and clearly mentioned that it will not authorize an equity repurchase plan for...

  • "Hartford is financing the deal by dividends and clearly mentioned that it will not authorize an equity repurchase plan for 2018, driving the shares down," Atlantic Equities analyst John Heagerty said. Hartford will have more than 20 million customers following the deal and stretch its reach in offering workers' compensation to more mid-size and large...

  • NEW YORK, Oct 17- Goldman Sachs Group Inc offered investors a window into its capital plans for the first time, detailing the bank's regulatory allowances for buybacks and dividends on Tuesday. Federal Reserve granted Goldman permission this year to spend $8.7 billion repurchasing shares from investors, and to raise its quarterly dividend by 5 cents per share,...

  • The fourth-biggest U.S. bank by assets said on Thursday that net income rose to $4.13 billion in the third quarter ended Sept. 30 from $3.84 billion a year earlier. Earnings per share rose about 15 percent to $1.42 from $1.24 as the company shrank the number of shares outstanding by 7 percent- buying back stock under its biggest capital return plan approved by the...

  • The fourth-biggest U.S. bank by assets said on Thursday that net income rose to $4.13 billion in the third quarter ended Sept. 30 from $3.84 billion a year earlier. Earnings per share rose about 15 percent to $1.42 from $1.24 as the company shrank the number of shares outstanding by 7 percent- buying back stock under its biggest capital return plan approved by the...

  • Wal-Mart says online sales are exploding, is the retail giant winning the e-commerce war?

    The “Fast Money” traders discuss Wal-Mart big comeback as the retail giant buys back $20 billion of its stock.

  • By Sruthi Ramakrishnan and Sayantani Ghosh. Wal-Mart also forecast overall net sales would rise by at least 3 percent in the year ending January 2019, and said it would buy back $20 billion of its shares over the next two years. "We are going to lean into places like technology, e-commerce, international stores," Wal-Mart Chief Financial Officer Brett Biggs said at...

  • Wal-Mart buybacks suggest that growth options are becoming limited: Former Wal-Mart CEO

    David Trainer, New Constructs CEO, and Bill Simon, former president and CEO of Wal-Mart US, discuss whether Wal-Mart stock buybacks are the best move for the company.

  • There's going to caution among the financials: Jim Paulsen

    Jim Paulsen, Leuthold Group, and Steve Auth, Federated Investors, discuss the market ahead of companies reporting for earnings season.

  • Wal-Mart trading at highs not seen since February 2015

    The “Fast Money Halftime Report” traders discuss shares of Wal-Mart popping on as the company announced a share buyback and guidance for next fiscal year.

  • Oct 10- Wal-Mart Stores Inc on Tuesday forecast that U.S. online sales would soar about 40 percent in the fiscal year ending January 2019, sending its stock up nearly 4 percent to the highest in more than two years. The retailing behemoth also said it will buy back $20 billion of its shares over the next two years. In August, the company said online sales in the United...

  • Oct 10- Wal-Mart Stores Inc on Tuesday forecast U.S. online sales to increase by about 40 percent and overall net sales by at least 3 percent in the fiscal year ending January 2019. The retailer, which will hold its investor meeting on Tuesday, also said it would buy back $20 billion of its shares over two years. The company forecast profit for fiscal year 2019 to...

  • Ralph Nader

    Consumer advocate Ralph Nader said Monday that share buybacks are a sign of poor corporate management.

  • Ralph Nader

    Ralph Nader, consumer advocate, discusses how stock buybacks are hurting companies.

  • Sept 25- U.S. drugmaker Allergan Plc on Monday authorized a $2 billion buyback of its common stock, sending its shares up after a week of disappointing news on its drug development pipeline. The company also said its Chief Financial Officer Tessa Hilado, 53, would retire. Allergan on Friday also received a "refusal to file" letter from the U.S. Food and Drug...

  • Sept 25- U.S. drugmaker Allergan Plc on Monday authorized a $2 billion buyback of its common stock, sending its shares up after a week of grim news on its drug development pipeline. The company last week also got a "refusal to file" letter from the U.S. Food and Drug Administration for an expanded approval for its Vraylar for treatment of negative symptoms associated...

  • Sept 25- U.S. drugmaker Allergan Plc on Monday authorized a $2 billion buyback of its shares and said its Chief Financial Officer Tessa Hilado would retire.

  • LONDON/ MELBOURNE, Sept 21- Flush with cash, Rio Tinto said it would buy back an additional $2.5 billion worth of its shares, dishing out the proceeds from a sale of coal assets earlier than some had expected. "It's not a surprise, but it's probably a bit earlier than people factored in," said James Eginton, an analyst at Tribeca Investment Partners, a Rio Tinto...

  • HOUSTON, Sept 20- U.S. oil producer Anadarko Petroleum Corp said on Wednesday it would spend $2.5 billion to buy back its own stock, a plan worth roughly 10 percent of its outstanding shares at current prices. Anadarko, which has a 5 cent dividend that is far below peers, said it would spend $1 billion by December on buybacks and the remaining $1.5 billion by the end of...