Million Buyback - QuikReader

IAG to Begin $378 Million Buyback

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

Business - The Wall Street Journal - 11 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 - 4 hours 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

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

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 ...

Therapeutic Food Shortage Puts African Children at Risk of Starvation, U.N. Agency Says

Supplies of a highly nutritious treatment are running out, according to UNICEF.

World - The New York Times - October 15

CR Beverage Prepares Near $650.0 Million Listing

The Chinese beverage company is testing investor interest in its business, taking advantage of growing risk appetite for new equity offerings in Hong Kong.

Business - The Wall Street Journal - October 14

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

Netflix Adds 5 Million Subscriptions in Quarter

The additions helped lift revenue to $9.8 billion during the period, a 15 percent increase from the same period last year.

Business - The New York Times - October 17

A million people hit by flooding in South Sudan

World - Yahoo News - October 21

Millions of teenagers in Africa have undiagnosed asthma – study

Rapid urbanisation thought to be damaging adolescent health, as researchers say need for medication and diagnostic tests is urgent. Millions of teenagers in Africa are suffering from asthma with no ...

World - The Guardian - October 21

Is Elon Musk's $1 million election giveaway legal?

Elon Musk announced Saturday he is giving away $1 million daily through Nov. 5 to swing state voters who sign a petition for his pro-Trump political action committee. Musk has already committed at ...

$375 million UFC settlement gets first approval

A $375 million settlement to end a decade-long lawsuit between UFC fighters and the promotion has received preliminary approval from a Nevada judge.

Sports - ESPN - October 23

Georgia Powerball ticket wins $478 million jackpot

A winning ticket for Wednesday's Powerball drawing was sold at a Georgia convenience store — netting the lucky buyer a $478 million jackpot.

100 Million People Involved in UnitedHealth Hack

The scale of the hack makes it the worst healthcare data breach in the country.

Business - Inc. - October 25

Trump, Rogan interview tops 38 million views

Podcaster Joe Rogan's interview of former President Trump has earned nearly 40 million views on YouTube in just three days. A YouTube video of the full nearly three-hour conversation had topped 38 ...

Politics - The Hill - October 29

Rapidly rising rents squeeze millions in the middle class

Four in 10 middle-class renters pay 30% or more of their incomes toward housing each month, NBC News analysis of U.S. Census Bureau data shows.

FTC sends $2.5 million to Credit Karma customers

The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.

Rizzo's $17 million option declined by Yankees

Anthony Rizzo's $17 million option for 2025 was declined Saturday by the New York Yankees in favor of a $6 million buyout, making the first baseman a free agent.

Sports - ESPN - 6 days ago

'No creation, millions wasted on recruitment - Amorim's mammoth task'

The scale of the task awaiting new Manchester United manager Ruben Amorim is made clear in the draw with Chelsea

New York Times Passes 11 Million Subscribers

The Times reported steady growth in digital subscriptions in the third quarter and a profit for The Athletic for the first time since it acquired the sports site in 2022.

Business - The New York Times - 3 days ago

Million-strong fireworks petition goes to No 10

A Lincolnshire woman wants fireworks to be banned, except on the dates of traditional festivals.

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