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Jim Cramer Says 'Apple Buyback Is Not Working Right Now,' Michael Saylor Quips Tim Cook's Company 'Should Buy Bitcoin'
Wednesday, June 11, 2025 - 8:04am | 940Apple Inc. (NASDAQ:AAPL) is under scrutiny as CNBC's “Mad Money” host Jim Cramer declared that the tech giant's stock buyback program "is not working right now." What Happened: The $3 trillion company, known for its iPhones and MacBooks, has poured billions into repurchasing shares....
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Why Is QuantaSing Stock Gaining Today?
Tuesday, June 11, 2024 - 8:30am | 337QuantaSing Group Limited (NASDAQ:QSG) shares are trading higher in the premarket session on Tuesday. The Chinese online learning service provider authorized a share repurchase program under which it may repurchase up to $20.0 million of its Class A ordinary shares in the form of American depositary...
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UBS Beats Q4 Earnings Estimates, Announces $1B Share Buyback Amid Credit Suisse Integration
Tuesday, February 6, 2024 - 3:34am | 576UBS Group AG (NYSE:UBS) on Tuesday announced a share buyback of up to $1 billion, following a better-than-expected fourth-quarter performance, despite ongoing challenges related to the integration of Credit Suisse. What Happened: UBS reported a net loss of $279 million for the quarter, attributed...
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Co-CEO Reed Hastings Buys $20M Of Netflix Shares Amid Stock Collapse
Saturday, January 29, 2022 - 11:52am | 298According to a regulatory filing with the Securities and Exchange Commission on Friday, Netflix Inc. (NASDAQ: NFLX) Co-Chief Executive Officer Reed Hastings recently bought $20 million worth of shares in the company. On Thursday, Jan. 20, after the bell, Netflix projected weaker...
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Berkshire Hathaway's Operating Earnings Jump 21%, Repurchases $6 Billion Of Its Stock
Saturday, August 7, 2021 - 11:02am | 339Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) has repurchased $6 billion of its own stock in the second quarter, bringing the total buybacks to more than $37 billion since the end of 2019, Bloomberg reports. The company’s second-...
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BofA, Morgan Stanley Weigh In On Alcoa's Q3
Thursday, October 18, 2018 - 3:24pm | 350Aluminum company Alcoa Corp. (NYSE: AA) posted a third-quarter sales beat and an adjusted EPS miss amid an industrial landscape that's been altered by tariffs. The Analysts Morgan Stanley analyst Piyush Sood reiterated an Overweight rating on Alcoa with a $57 price target. Bank of America...
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What Current Buyback Levels Mean For The Bull Market
Thursday, May 14, 2015 - 12:34pm | 636Anyone that has owned stocks recently has likely noticed that share prices are not the only things that have been on the rise: dividends and buyback hikes have been a routine occurrence. But what do the aggressive capital return programs say about the state of the bull market and the U.S....
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Apple Issuing More Bonds to Fund Increased Buyback
Monday, April 28, 2014 - 10:52am | 503You knew it was coming. Even if the company didn't indicate it on its conference call, after Apple (NASDAQ: AAPL) announced a $30 billion increase in its buyback program and an eight percent increase in its dividend, there was no doubt the company would head back to the debt market. The...
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Apple Silenced Its Critics Wednesday
Thursday, April 24, 2014 - 9:50am | 576Analysts, the media, investors, consumers, even the government have not-so-nice things to say about Apple (NASDAQ: AAPL). For what seems like forever, Apple has resisted bowing to critics’ will but yesterday, Tim Cook gave critics—nearly all of them—everything they’ve asked for. “You're no...
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Apple Conference Call Highlights
Tuesday, January 28, 2014 - 4:25pm | 578Monday’s Apple (NASDAQ: AAPL) earnings announcement wasn’t enough to keep investors from taking profits. In pre-market trading Tuesday, the stock was down about six percent, but well off its lows of more than eight percent lower in Monday’s aftermarket. Here are some of the highlights from the...
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Carl Icahn Sends Out Another 'Dear Tim' Letter
Thursday, October 24, 2013 - 11:57am | 561Activist investor, Carl Icahn, tweeted Wednesday that he had sent another letter to Apple (NASDAQ: AAPL) CEO Tim Cook and that the contents of the letter would be published on Icahn’s new website, the Shareholders’ Square Table Thursday. True to form, the letter was posted and more or less...
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Carl Icahn and Tim Cook: Meet, Eat & Tweet
Tuesday, October 1, 2013 - 1:29pm | 686We're not sure if Carl Icahn was gifted a free iPhone after his dinner with Tim Cook, but we definitely know that it happened. Icahn has made headlines recently for praising Apple products and for using Twitter to alert followers to his plans with the company's CEO, but more importantly for...
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AutoNation Authorizes $250M Buyback Program
Monday, March 26, 2012 - 5:33am | 47AutoNation Inc (NYSE: AN) reported that the company's board has authorized the repurchase of another $250 million in company stock. In January, AutoNation reported a rise in its fourth-quarter earnings and revenue. AutoNation shares gained 0.34% to close at $35.33 on Friday.
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Motorola Solutions Lifts Stock Buyback Program
Monday, January 30, 2012 - 8:48am | 49Motorola Solutions Inc (NYSE: MSI) announced its plans to raise its stock buyback program by $1 billion to a total of $3 billion. Motorola is planning to buy back $1.9 billion in stock in 2012, up from $1.1 billion in 2011. MSI shares closed at $45.80 on Friday.
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Heritage Financial to Repurchase up to 5% of Stock
Friday, December 23, 2011 - 8:56am | 48Heritage Financial Group Inc (NASDAQ: HBOS) reported that its board has approved a new buyback program for up to 5% of the bank holding company's outstanding shares. In October, Heritage swung to a third-quarter profit. Heritage Financial shares closed at $11.30 yesterday.