IAG to Begin $378 Million Buyback

The British Airways owner will start buying back the shares from next week.

Business - The Wall Street Journal - 8 hours ago

IAG Earnings Soar Above Market Views on Strong Demand

The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.

Business - The Wall Street Journal - 7 hours ago

British Airways owner IAG reports bigger than expected profits

Passenger demand in key transatlantic routes and within Europe boosts earnings

Business - Financial Times - 2 hours ago

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Embattled Abbott Labs comes through with a strong quarter, buyback announcement

Abbott Labs delivered for investors who stuck with the stock despite legal woes that emerged earlier this year.

Business - CNBC - October 16

Chinese share buybacks hit record high as Beijing steps up support

Policymakers push companies to return cash to shareholders as they try to revive flagging stock market

Business - Financial Times - October 21

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks

Business - Financial Times - October 23

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - October 25

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

Business - Financial Times - October 29

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

Business - MarketWatch - October 29

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - October 29

Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.

Business - MarketWatch - Yesterday

Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.

Business - The Wall Street Journal - 2 days ago

British Airways owner announces stock buyback as profit grows 17%

British Airways owner International Airlines Group announced a stock buyback after reporting rising profits and margins.

Business - MarketWatch - 2 hours ago

Early voting begins in Wisconsin

Early voting began Tuesday in Wisconsin, one of the key battleground states in the 2024 presidential election. Nancy Cordes reports.

Let Me Ask a Question We Never Had to Ask Before

Election Day is only the beginning.

Top stories - The New York Times - October 31

Trump’s second chapter begins

Republicans will return to pinnacle of global power with Trump’s ‘America First’ agenda

World - Financial Times - Yesterday

Campaigning begins for Japan's parliamentary election

Official campaigning has begun for Japan's Oct. 27 parliamentary election

World - ABC News - October 15

Delphi murders trial begins in Indiana

Disturbing new details and heart-wrenching testimony were given during the first day of the Delphi murders trial. Prosecutors revealed how Abby Williams, 13, and Libby German, 14, were killed on a ...

Israel begins precise strikes on Iran

Israel began “precise” airstrikes on Iran’s military targets on Friday night. “In response to months of continuous attacks from the regime in Iran against the State of Israel – right now the Israel ...

Politics - The Hill - October 26

Crazy Is Beginning to Sound Like an Understatement

Election Day can’t come soon enough.

Top stories - The New York Times - October 28

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.

Business - CNBC - October 16

Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years

Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.

Business - MarketWatch - October 16

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.

Business - CNBC - October 29

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.

Business - CNBC - October 31

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - 4 days ago

Cash App Founder Murder Trial Begins

Bob Lee was found bleeding to death on a San Francisco street in April 2023. Consultant Nima Momeni is being tried for allegedly stabbing the tech founder.

Business - Inc. - October 14

Fight begins to make mobile-free schools law

A law to ban smartphones in schools will be called for under a private member’s bill on Wednesday.

Trump campaigns in Georgia as early voting begins

Former President Donald Trump was in Georgia for a campaign event on Tuesday as early voting began in the state. Earlier in the day, he defended his tariff proposal, dismissing criticism the policy ...

Kenyan deputy president's impeachment trial begins

World - Yahoo News - October 16

Taylor Swift's Eras Tour to "begin again" in Miami

Taylor Swift is returning to the stage Thursday night in Miami for the final leg of her Eras Tour after a nearly two-month hiatus. CBS News Miami reporter Morgan Rynor has more.

King Charles begins Australia tour with church service

King Charles and Queen Camilla are on a six-day tour of Australia, their first since the King ascended to the throne.

Woods and McIlroy's TGL to begin in early January

The inaugural schedule for TGL, the tech-infused golf competition spearheaded by Tiger Woods and Rory McIlroy, has been revealed.

Work begins on Germany's Suedlink electricity transmission project

World - Yahoo News - October 22

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