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Stock Buybacks Are Quietly Powering Wall Street's 2025 Rally
Monday, June 9, 2025 - 4:30pm | 735A powerful yet underappreciated force may be behind Wall Street’s 2025 rally: a flood of corporate share buybacks, reaching levels not seen in years. As of June 9, the S&P 500 and Nasdaq 100 are both trading just 2% below all-time highs, a dramatic shift from the March correction and the...
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Goldman Sachs Analyst Is Bullish On Amazon But Not EBay Or Etsy
Thursday, January 9, 2025 - 12:32pm | 481Ahead of the fourth-quarter reporting season, Goldman Sachs’ Eric Sheridan sized up the e-commerce industry. In an analyst note published on Wednesday, Sheridan issued ratings for the following companies: Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and a price target of $240. eBay Inc (...
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Deutsche Bank To Cut 3,500 Jobs In Efficiency Drive, Plans Share Buybacks, Dividends
Thursday, February 1, 2024 - 10:54am | 558In a move to reassure investors of its ongoing recovery, Deutsche Bank AG (NYSE:DB) has announced a series of measures, including job cuts, share buybacks, and dividends. What Happened: The German lender revealed on Thursday that it would be reducing its workforce by 3,500 employees, primarily in...
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Gaining Insight With A Buyback ETF
Monday, September 18, 2017 - 8:34am | 567Share buybacks, along with dividends, are considered shareholder rewards, but there is additional insight to be gained from companies' repurchase efforts. Several exchange-traded funds, in some form or fashion, focus on companies that are prodigious repurchasers of their own shares, including...
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Why Stock Buybacks At High Valuation Lead To Regret
Friday, May 5, 2017 - 8:40am | 442The world's most notable investor Warren Buffett is no fan of share buybacks. The "Oracle of Omaha" consistently argues companies that buy back their own stock aren't generating shareholder value, rather, they are destroying it over the long term at the expense of appeasing shareholders in the near...
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Auto Stocks Spike Following GM's Encouraging Guidance At Detroit Conference
Tuesday, January 10, 2017 - 2:48pm | 299Auto stocks were notably higher on Tuesday after General Motors Company (NYSE: GM)surprised the Street with an earnings per share guidance for fiscal 2017, which exceeded Wall Street's estimates. General Motors' management team was speaking at the Deutsche Bank 2017 Global Auto Industry Conference...
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The Benefits Of A Buyback ETF
Monday, April 18, 2016 - 1:13pm | 579Earlier this month, Goldman Sachs said corporate buybacks are, at the moment, the only source of demand for U.S. stocks. That is not a bullish statement, but S&P 500 companies remain enthused by their own shares. In the fourth quarter, measured as November through January, share repurchases...
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An ETF For Japan's Improving Shareholder Rewards
Tuesday, March 1, 2016 - 12:58pm | 513When it comes to developed markets with impressive buyback and dividend resumes, the United States is a leader, but other markets, such as Australia and the UK, have solid track records of initiating and growing shareholder rewards. Japan is a different case. While the ability of Japanese companies...
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Think Buybacks Boost Share Prices? Think Again
Friday, July 31, 2015 - 12:53pm | 898Baidu Inc (NYSE: BIDU) made headlines on Thursday by announcing a new $1 billion share buyback program. The stock surged more that 3 percent following the announcement, as shareholders viewed the move as a sign of confidence on behalf of management. Buyback Frenzy Baidu is not the only...
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Thrift Conversions Can Lead To Better Sleep And Better Returns
Friday, May 23, 2014 - 3:19pm | 714One of the most successful investing approaches over the past 40 years has been thrift conversions. Investors from Peter Lynch to Seth Klarman have used this secret to find winning stocks and earn impressive returns. Many investors are not aware or just not interested in the steady, boring way of...
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Doug Kass: 7 Important Bubbles In Our Current Market
Friday, May 9, 2014 - 10:02am | 832Aptly-named financial bubbles can disappear just as quickly as they form. Seabreeze Partners Management Inc. President Doug Kass was a special guest on Benzinga's #PreMarket Prep, and he talked about where he thinks the biggest bubbles are right now. Depending on your point of view, Kass said,...
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Safeway Lifts Stock Repurchase Program, Declares Dividend
Monday, March 19, 2012 - 9:39am | 47Safeway Inc (NYSE: SWY) raised its stock buyback program by $1 billion. The company also declared a regular quarterly dividend of 14.5 cents per share. Safeway had around $0.4 billion remaining under its stock buyback program. Safeway shares closed at $22.17 on Friday.
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LDK Solar Announces Shares Buyback Program
Monday, June 27, 2011 - 4:32am | 119LDK Solar Co Ltd (NYSE: LDK) announced its plans to buyback up to $110 million of its American Depositary Shares (ADSs) in the open market or through privately negotiated transactions. Mr. Xiaofeng Peng, Chairman and CEO of LDK Solar, commented, "We remain confident in our current outlook as well...
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Share Buybacks To Rise Next Year
Tuesday, September 21, 2010 - 1:54pm | 163Companies across the globe may announce several share buyback plans in 2011, heads of capital equity markets at global banks said in a conference in London on Tuesday. Companies may opt for share repurchases due to improvement in economies and increased clarity in the recent regulatory changes....
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Buybacks Of The Decade (IBM, MSFT, COP, C, T, AXP, WMT, MO, BAC, MCD, DELL, PEP, HPQ)
Thursday, April 1, 2010 - 7:39am | 584According to an article on CNBC, investors tend to view buybacks announced as a sign of a company's confidence in its growth prospects. Some of the biggest stock repurchases of the decade are: Microsoft (NASDAQ: MSFT): The transaction value of MSFT’s buyback of 1.22 billion shares was $36.2 billion...