Text size GE’s net debt now amounts to 2.5 times Ebitda, compared with an average of 2 times for industrial companies in the S&P 500. Loic Venance/AFP via Getty Images News that General Elec...
Tag: Redemptions
8 Companies That Raised Their Stock Dividends This Week
Text size Colgate-Palmolive raised its stock dividend this week. Rene Van Den Berg/Dreamstime.com Colgate-Palmolive , Dick’s Sporting Goods , and Applied Materials were among the large U.S. companies ...
Amazon Announces 20-for-1 Stock Split and $10 Billion Buyback Plan
Text size Amazon shares are up more than 6% on the news in after-hours trading. Bloomberg Amazon . com shares are moving sharply higher in after-hours trading after the e-commerce and cloud-computing ...
Verizon Has Plans for Faster Growth. Stock Buybacks Are Coming Closer.
Text size Hans Vestberg, Verizon’s CEO. David Paul Morris/Bloomberg Verizon Communications could be poised to deliver faster growth in profits and revenue, making possible continued dividend inc...
Buffett: Berkshire Hathaway Finds ‘Little That Excites Us’ in the Stock Market
Berkshire Hathaway finds “little that excites us” in the stock market, CEO Warren Buffett said in his annual shareholder letter released Saturday morning. “That’s largely because of a truism: Long-ter...
AMD announces $8 billion stock buyback program
Shares of Advanced Micro Devices Inc. inched higher in after-hours trading Thursday after the chip company announced a new $8 billion buyback authorization. The new repurchase authorization is in addi...
Why Barrick Gold’s CEO Is Looking to Boost Its Copper Business
Text size Barrick aims to boost its gold production to 4.8 million ounces annually by the end of decade from 4.4 million in 2021. David Gray/AFP via Getty Images Mark Bristow, the CEO of one of the bi...
PepsiCo Posts Earnings Beat and Boosts Dividend. The Stock Rises.
Text size Joe Raedle/Getty Images PepsiCo , the soft drinks and snacks giant, reported fourth-quarter adjusted earnings of $1.53 a share on revenue of $25.3 billion, both higher than analysts’ estimat...
BP Posts Bumper Profit and New Round of Buybacks
Text size BP Exploration Alaska headquarters Getty Images Surging oil and gas prices last year helped BP post its highest profit since 2012, allowing the company to reduce debt and announce more share...
Nokia Reinstates Dividend, Sets New, Long-Term Margins Target
Text size The logo of telecommunications giant Nokia before the company’s press conference in Espoo, Finland. Markku Ulander /Lehtikuva/AFP via Getty Images Nokia on Thursday reinstated its quar...
Facebook Parent Meta Ramped Up Stock Buybacks at a Bad Time
Text size Meta’s record $19.2 billion of share repurchases in the fourth quarter amounted to 2% of the company’s shares outstanding. Mandel Ngan/AFP via Getty Images Mark Zuckerberg picked...