Announces Stock Buyback

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 - 6 hours ago

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

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

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

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

Market responds negatively to latest China stimulus moves

Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.

Business - MarketWatch - 7 hours ago

Boeing’s stock reverses lower after announcing a $19 billion capital raise

.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.

Business - MarketWatch - October 28

Manchester United stock climbs after Ruben Amorim announced as manager

Shares of Manchester United Ltd. are up 2.5% on Friday after the club announced Ruben Amorim as its new head coach.

Business - MarketWatch - November 1

Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.

Business - MarketWatch - October 29

IAG to Begin $378 Million Buyback

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

Business - The Wall Street Journal - 13 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

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

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

The Economist announces support for Harris

The Economist announced Thursday that the outlet is backing Vice President Harris over former President Trump in the upcoming election, now less than a week away. “While some newspapers refused to ...

Politics - The Hill - October 31

Biden's granddaughter announces pregnancy

President Biden’s granddaughter Naomi Biden announced on Election Day that she is expecting her first child. In an Instagram story on Tuesday, the president’s eldest grandchild posted a photo of ...

Politics - The Hill - 2 days ago

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

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

Conor McGregor's many retirement announcements

As he talks once more about not fighting again, fans have become accustomed to McGregor saying farewell.

Sports - ESPN - October 29

William announces Earthshot Prize winners

Fifteen finalists, from countries including Kenya, Indonesia, the UK and Nepal, were competing for £1m funding for their environmental initiatives.

Biden announces $600 million for Florida hurricane relief

President Biden traveled to Florida on Sunday, where he announced more than $600 million in aid to help recovery efforts from hurricanes Helene and Milton. Mr. Biden has asked Congress to return ...

Nobel economics prize is awarded for research into why countries succeed or fail

The Nobel memorial prize in economics has been awarded to three U.S.-based academics for research into why societies with poor rule of law and exploitative institutions do not generate sustainable ...

World - ABC News - October 14

Inquiry announced after carers forced to repay benefits

Some carers had to pay back thousands of pounds to the government, pushing them into financial distress.

FTC announces rule to make it easier to cancel subscriptions

The Federal Trade Commission is taking steps to make it easier for consumers to cancel digital subscriptions. The department will soon implement a "final click to cancel rule," it announced ...

Politics - The Hill - October 16

Biden Announces $425 Million in Aid to Ukraine

President Biden spoke by telephone to President Volodymyr Zelensky of Ukraine about the security package, which includes munitions, armored vehicles and other weapons.

Top stories - The New York Times - October 16

Taylor Swift Just Made an Announcement and It’s Sheer Genius

The Eras tour is finally ending. But Swift has one more project to delight her fans.

Business - Inc. - October 17

Sam Fender announces UK and European tour

The singer-songwriter announces his People Watching tour, which hits the road in in December.

Disney announces when it will replace CEO Bob Iger

Disney is clarifying its timeline for naming Bob Iger's successor, while also bringing in Morgan Stanley's ex-CEO as board chair.

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