Share Buybacks
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NAB's Profit Falls; Increases Share Buyback
Australia’s second-largest lender by market capitalization reported a 12% decline in half-year net profit and announced it will increase its share buyback by $980 million.The Wall Street Journal - World -
Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.CNBC - Business -
Shell Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.The Wall Street Journal - World -
ING Continues Buybacks to Boost Captial Ratio
ING backed its full-year guidance and said it planned to buy back up to €2.5 billion of shares to bring its common equity Tier 1 ratio toward its target.The Wall Street Journal - World -
Shell launches $3.5 billion buyback after earning $7.7 billion
Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and ...MarketWatch - Business -
Shell Beat Forecasts on Improved Asset Utilization
Citi said Shell’s beat to first-quarter net income was for the most part driven by better utilization across key assets—such as the Prelude LNG platform, the Pennsylvania ethylene plant and U.S. refining—and aided a little by positive trading in ...The Wall Street Journal - World -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.The Wall Street Journal - Business - China -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
Fastly shares sink 30% on weaker guidance
Fastly shares dived 30% in afterhours trading following guidance for the second-quarter and 2024.MarketWatch - Business -
Where we're headed: Revenue sharing with college athletes
What does a settlement of the House v. NCAA case entail? And what does it mean for your school? Unpacking a complicated, and fluid, situation.Yahoo Sports - Sports -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Trump Media shares rise again, jump 50% in the past week
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.CNBC - Business - Donald Trump -
Tesla shares fall amid reports that Supercharger unit slashed
Tesla Inc. shares dropped Tuesday after the electric-vehicle maker reportedly cut hundreds of more jobs, including its entire Supercharger unit.MarketWatch - Business - Tesla -
South Korea considers joining alliance for sharing military technology
South Korean Defense Minister Shin Won-sik says his government is considering sharing advanced military technology with the United States, United Kingdom and Australia through the so-called AUKUS partnershipABC News - World - South Korea -
FCC fines wireless carriers for sharing user locations without consent
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers’ location data without their consentABC News - Tech -
Forbes and Swinney meet for SNP leadership talks
SNP leadership favourites John Swinney and Kate Forbes have yet to announce they are running for the top job.BBC News - Top stories -
Chinese Scientist Who Shared Covid Sequence Protests Lab Closure
Professor Zhang Yongzhen had flouted a government ban by disclosing the genome of the Covid virus soon after it emerged in Wuhan in 2020.The New York Times - World - Covid -
M.L.B. Executives Share the Most Important Lessons From the Season’s First Month
With some insights from key decision-makers, our expert unpacks a wacky April, starting with the biggest disappointments.The New York Times - Sports -
DJT shares close down more than 9% as Trump Media hot streak stalls
Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.CNBC - Business - Donald Trump -
DJT shares plummet more than 10% as hot streak for Trump Media stalls
Trump Media shares dropped sharply in morning trading Wednesday, shortly after breaking above the $50 per share threshold for the first time in nearly a month.NBC News - Top stories - Donald Trump -
U.K. shares video of first migrants being detained under Rwanda plan
Britain's government is claiming a "major milestone" in its controversial plan to fly anyone arriving in the U.K. without permission to Rwanda.CBS News - Top stories - United Kingdom -
Joe Mazzulla shares update on Kristaps Porzingis' injury timeline
Celtics head coach Joe Mazzulla provided more clarity on Kristaps Porzingis' timeline after the big man suffered a calf injury in Game 4.Yahoo Sports - Sports -
U.K. shares video of first migrants being detained under Rwanda plan
Britain's government is claiming a "major milestone" in its controversial plan to fly anyone arriving in the U.K. without permission to Rwanda.CBS News - World - United Kingdom -
Etsy shares plunge 12% on decline in gross merchandise sales
Etsy Inc.’s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales.MarketWatch - Business -
Viking shares rise 8% after cruise line operator's market debut
The company's initial public offering coincides with a strong rebound in cruise bookings.CNBC - Business -
Shota Imanaga shares hilarious first reaction to pitching in New York
Chicago Cubs pitcher Shota Imanaga had another dominant start in Wednesday’s 1-0 win over the New York Mets, and his reaction to his first trip to the Big Apple is absolutely priceless.Yahoo Sports - Sports - New York -
NIO Shares Jump After Strong Sales Amid EV Price War
The Chinese electric-vehicle maker’s shares are on track for their largest one-day gain in more than two years.The Wall Street Journal - World -
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
Across all regions, Starbucks reported shrinking same-store sales and falling traffic.CNBC - Business -
Shares of two big online education stocks tank more than 10% as students use ChatGPT
Chegg and Coursera both sank more than 10% in trading Tuesday, a day after issuing disappointing guidance.CNBC - Business -
Book Review: Novelist Amy Tan shares love of the natural world in 'The Backyard Bird Chronicles'
Best-selling novelist Amy Tan of “The Joy Luck Club” fame combines entries from her nature journal with astonishing illustrations thanks to lessons in bird illustration in “The Backyard Bird Chronicles,” to share a birdwatching obsession that ...ABC News - Entertainment -
NASCAR, IndyCar legend Tony Stewart shares his newfound passion for drag racing
NASCAR and IndyCar legend Tony Stewart has found a new calling and love in drag racing, where success at 330 mph is in all things minuscule.ESPN - Sports -
Emotional Support Stuffed Animals or Blankets: Sharing Space With a Partner Who Has Stuffies or Blankies
Sharing a bed with a partner sometimes means making way for a beloved stuffed animal or blanket, too.The New York Times - Lifestyle -
DJT: Trump receives 36 million shares of Trump Media worth $1.8 billion as earnout bonus
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.CNBC - Business - Donald Trump -
Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team
Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.CNBC - Business - Tesla -
Move Over, Honey. Teddy Is Getting In.
Sharing a bed with a partner sometimes means making way for a beloved stuffed animal or blanket, too.The New York Times - Lifestyle -
NYCB shares jump 30% after CEO gives two-year plan for 'clear path to profitability'
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.CNBC - Business -
CVS shares plummet as health company slashes profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.CNBC - Business -
Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
Former President Donald Trump has secured another $1.6 billion worth of shares in Trump MediaABC News - Tech - Donald Trump -
Masimo's billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight
Masimo has allowed founder Joe Kiani to pledge more than half his $660 million stake in the company as collateral for personal loans.CNBC - Business