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Banco Bradesco To Buyback Shares
Thursday, December 22, 2011 - 6:10am | 46Banco Bradesco SA (NYSE: BBD) reported that its board has authorized a plan to buy back up to 15 million shares. The repurchase program includes 7.5 million common shares and 7.5 million preferred shares. BBD shares gained 0.24% to close at $16.55 yesterday.
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HTC To Buy Back Shares
Tuesday, December 20, 2011 - 5:30am | 32HTC Corp announced its plans to buy back up to NT$6.50 billion (US$213.8 million) worth of shares from the open market. HTC will buy back 10 million shares at NT$445.00-NT$650.00 per share.
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Commerzbank Announces Repurchase Plan
Monday, December 5, 2011 - 6:35am | 31Commerzbank AG (OTC: CRZBY) announced its plans to buyback up to EUR600 million in trust preferred securities. CRZBY shares closed at $1.93 on Friday.
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Pier 1 Announces New $100M Share Repurchase Program
Friday, October 14, 2011 - 6:25am | 39Pier 1 Imports Inc (NYSE: PIR) announced a new share repurchase program on Friday. The company's board has authorized a new $100 million share buyback program. PIR shares dropped 0.84% to $10.85 in after-hours trading.
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WellPoint Lifts Stock Buyback Plan
Monday, October 3, 2011 - 4:30am | 26WellPoint Inc (NYSE: WLP) raised its stock-buyback authorization by $5 billion. WLP shares fell 0.14% to close at $65.28 on Friday.
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Lowe's To Repurchase $5B Of Stock
Monday, August 22, 2011 - 7:04am | 54Lowe's Companies Inc (NYSE: LOW) reported that its board has authorized a $5 billion shares repurchase program. Lowe's also declared a quarterly cash dividend of $0.14 per share. Last week, Lowe's reported downbeat quarterly sales and lowered its fiscal-year forecast. Lowe's shares dropped 1.38...
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Electronic Arts - When Laggards Give Surprises
Wednesday, February 2, 2011 - 6:53am | 511In the past few weeks, we saw how high flyers like Coinstar (NASDAQ: CSTR), Cree (NASDAQ: CREE), and F5 Networks (NASDAQ: FFIV) getting 20-25% downside punishment after earnings reports when they reported disappointment in earnings or revenues, or guidance. Once these stocks dropped, they...
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Maximus Board Approves Plan To Buyback An Additional $100 Million
Monday, September 20, 2010 - 8:47am | 144The board of directors of Maximus Inc (NYSE: MMS) has approved an additional share buyback plan worth $100 million. The company's board had earlier authorized a share buyback of $75 million in 2008. Out of the earlier approved program, $22.3 million were still available as of September 15. Richard...
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FOSL Shares Jump On Buyback News
Monday, August 30, 2010 - 1:49pm | 193Shares of Fossil Inc (NASDAQ: FOSL) surged on Monday, following news of the company’s stock buyback program. The company announced that its board of directors has authorized to repurchase up to $750 million of its outstanding shares of common stock. The buyback would be executed depending on...
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News Of Additional Buyback Boost HPQ Shares
Monday, August 30, 2010 - 1:21pm | 167Hewlett-Packard Co. (NYSE: HPQ) had decided to add $10 billion to its ongoing share buyback program. Shares of HPQ have been sliding following the resignation of its CEO Mark Hurd. The Palo Alto, California-based company announced that its board of directors had authorized the addition of $10...
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FIS Confirms Q2 Guidance, Announces Debt Buyback Plan
Tuesday, July 6, 2010 - 9:07am | 189Fidelity National Information Services (NYSE: FIS) has confirmed its adjusted profit outlook for the second quarter. The company has unveiled its plan to raise new debt via the sale of a $1.2 billion note. The Jacksonville, Florida-based company forecast its adjusted profit outlook for the second...
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GENZ To Repurchase $1 Billion Stock From Goldman
Friday, June 18, 2010 - 10:35am | 125Genzyme Corp (NASDAQ: GENZ) announced that it will repurchase $1 billion of its stock from Goldman Sachs & Co (NYSE: GS). The biotechnology company will buy-back its shares under an accelerated share purchase program. The company will pay $1 billion on June 22, when it will receive around 15.5...
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Legg Mason Soars After Earnings; Announces Buyback
Tuesday, May 11, 2010 - 9:59am | 144Shares of Legg Mason Inc. (NYSE: LM) are shooting higher this morning by 10.82% to $33.19 after the company reported better than expected earnings per share. They also said that they would reduce about 10% of its global workforce, around 350 jobs, over the next 12-18 months. Legg Mason also...
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ROST January SSS Jumps 8%, Hikes Dividend By 45%, Announces Buyback
Thursday, February 4, 2010 - 9:53am | 112January SSS at Ross Stores (NASDAQ: ROST) jumped 8% as compared to the Retail Metrics expectations of 7.3% growth. ROST has projected its EPS for Q4 at $1.15-$1.16 and for FY10 at $3.53-$3.54, exceeding the consensus expectations of $0.98 and $3.36, respectively. The company expects to post its...
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AZN Impresses With Q4 Results, 2010 Guidance; Announces Dividend Hike
Thursday, January 28, 2010 - 11:13am | 169AstraZeneca (NYSE: AZN) reported its Q4 non-GAAP EPS at $1.42, exceeding the Street view of $1.52. AZN’s revenues for the quarter came at $8.95 billion as compared to the consensus of $8.85 billion. The company forecasted its EPS for 2010 at $5.75-$6.15 versus the consensus expectations of $6.04....