-
Mark Cuban Once Said Share Buybacks Reward The Wrong People: 'Why Should A Company Reward Shareholder Who Want To Sell'
Sunday, June 1, 2025 - 3:32pm | 541Entrepreneur and investor Mark Cuban has never been shy about sharing his opinions on business and investment topics. In a 2022 interview, Cuban shared why he's against share buybacks. What Happened: Many public companies offer stock dividends and share buybacks to reward shareholders. Each has its...
-
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 (...
-
Energy Sector Stocks Flush With Cash Amid Oil's Bear Market: Is There A Buy Signal In Sight?
Wednesday, December 13, 2023 - 2:59pm | 588Oil has entered a bear market while some oil majors are flush with cash. The key question: Will these cash piles be deployed toward accretive investments and/orshareholder returns? Cash Pile In Sight Exxon Mobil Corp (NYSE:XOM) has about $32.94 billion cash on its balance sheet. Shell PLC (NYSE:...
-
'When I Find Things I Have A Lot Of Conviction In, I Go All-in': Ryan Cohen's Stake In Alibaba And History Of Activism
Tuesday, January 17, 2023 - 3:32pm | 1319Activist investor Ryan Cohen has made a name for himself for investments in several companies that became popular with retail traders, including GameStop Corp (NYSE: GME) and Bed Bath & Beyond (NASDAQ: BBBY). Now, a new holding by Cohen has been announced. Here’s a look at his new...
-
Ken Griffin's Hedge Fund Increased Its Stake By Over 150% In These 2 Dividend-Paying Energy Stocks
Friday, November 25, 2022 - 11:55am | 516Kenneth Griffin, who began trading stocks in his Harvard dorm in 1987, is the founder, CEO and co-CIO of Citadel Advisors. In 2002, Griffin established Citadel Securities, now one of the leading market makers in the world. During the GameStop (NYSE: GME) short squeeze fiasco, Griffin was...
-
European Markets Are Holding Strong, Here Are 2 Oversees Tech Companies Paying Dividends And Offering Buybacks
Tuesday, November 15, 2022 - 1:17pm | 402The FTSE 100 has fallen only 1.81% year-to-date compared with the S&P 500 which is down roughly 16.5% year-to-date. Although the Russia-Ukraine war is causing a tough economic environment for European multinationals, the broader market is still holding up better than the U.S....
-
3 Morgan Stanley Analysts Tackle Bank's Tough Q2 Report: Why One Sees 'Other Signs Of Resilience'
Friday, July 15, 2022 - 3:19pm | 432Global investment bank and wealth management company Morgan Stanley (NYSE: MS) reported second-quarter financial results Thursday. Here's what the Street has to say. 3 Morgan Stanley Analysts On Earnings: BMO analyst James Fortheringham has an Outperform rating and lowered the price...
-
Amazon Announces 20-For-1 Stock Split, Share Buyback: Here Are The Details
Wednesday, March 9, 2022 - 6:12pm | 467Amazon.com Inc (NASDAQ: AMZN) made two big announcements after market close Wednesday. What Happened: Amazon's Board of Directors authorized a 20-for-one stock split on common shares. The record date for the stock split will be the close of business on May 27, 2022. Shares are expected to trade...
-
Fed Extends Big Bank Dividend, Share Buyback Restrictions Through The Year
Thursday, October 1, 2020 - 2:03am | 405The Federal Reserve announced a decision to extend its control measures for large banking entities by another quarter on Wednesday, emphasizing the need for capital preservation in the sector. What Happened: Banking entities with a total asset base greater than $100 billion will remain...
-
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...
-
Two Avenues To Shareholder Rewards With This ETF
Monday, March 28, 2016 - 8:29am | 653There is consistent debate about whether dividends or share buybacks are better for investors over the long haul and there are plenty of exchange-traded funds that accommodate investors on both sides of this debate. Obviously, there are dedicated dividend ETFs and there are several ETFs that, in...
-
Packaging Corporation Adds $200 Million To Share Buyback Authorization, Highlights 'Substantial Operating Cash Flow'
Friday, February 26, 2016 - 10:20am | 193Packaging Corp Of America (NYSE: PKG), a producer of container boards and white papers, announced after Thursday's market close an addition to its share buyback program. Packaging Corp's board of directors authorized the repurchase of an additional $200 million of its outstanding common stock...
-
Carriage Services Gains 5%, Company Announces New Share Buyback Plan
Thursday, February 25, 2016 - 1:51pm | 169Shares of Carriage Services, Inc. (NYSE: CSV), a provider of death care services and merchandise, were trading higher by more than 5 percent on Thursday after the company announced a new share buyback program. Carriage Services' Board of Directors authorized a share buyback purchase in...
-
Michael Willis Talks S&P Buybacks And An Inflated Market
Tuesday, October 6, 2015 - 9:00am | 585Michael Willis, President of Index Funds, discussed the positives and negatives of companies buying back their stock. Willis noted that many companies see their stock as being more attractive at current levels following the recent decline in the general market. However, Willis added that...
-
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...