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HollyFrontier Corp Will Spend $1 Billion on Shares Repurchases

The buyback program increases the attractiveness of the refinerRelated Stocks: HFC,.....»»

Category: blogSource: gurufocusSep 14th, 2018

HollyFrontier Corp Will Spend $1 Billion on Share Repurchases

The buyback program increases the attractiveness of the refinerRelated Stocks: HFC,.....»»

Category: blogSource: gurufocusSep 14th, 2018

Marvell Technology"s stock jumps after stock repurchase program increased to over $1 billion

Shares of Marvell Technology Group Ltd. rallied 2.1% in premarket trade Tuesday, after the semiconductor company increased how much it could spend on stock repurchases to over $1 billion. The company added $700 million to its buyback program,.....»»

Category: topSource: marketwatchOct 16th, 2018

HollyFrontier sets $1 billion buyback program, representing up to 8% of shares outstanding

HollyFrontier Corp. said Thursday it has authorized a $1 billion stock repurchase program, to replace all previous buyback programs. The petroleum refiner said there was about $43.6 million remainin.....»»

Category: topSource: marketwatchSep 13th, 2018

Targa Resources shares jump 7% after company agrees to sell North Dakota stake in $1.6 billion deal

Targa Resources Corp. shares jumped about 7% Tuesday, after the company said it has agreed to sell a 45% stake in Targa Badlands to private-equity firms GSO Capital Partners and .....»»

Category: topSource: marketwatchFeb 19th, 2019

Sony announces first-ever share buyback, stock rises 5 percent

Sony Corp announced on Friday a share buyback of 100 billion yen ($910 million) - its first ever aimed at boosting shareholder returns - sending the Japanese electronics and entertainment company's shares up more than 5 percent......»»

Category: topSource: reutersFeb 7th, 2019

Critics ask what took PG&E so long on wildfire safety effort

Pacific Gas & Electric Corp. is promising to spend more than $2 billion this year to improve wildfire prevention after its equipment was blamed for causing more than 1,500 Northern California wildfires since 2014......»»

Category: topSource: foxnewsFeb 7th, 2019

Sears shares surge as bankruptcy judge OKs Lampert bid

Sears Holdings Corp. shares rallied Thursday as a bankruptcy judge approved Edward Lampert's bid to purchase the ailing retailer for $5.2 billion. Sears shares surged 32% to close at 76 cents. Judge Robert Drain said he would approve Lampert's pur.....»»

Category: topSource: marketwatchFeb 7th, 2019

SoftBank Group adds $14 billion to market value as shares soar on buyback, third-quarter profit

SoftBank Group Corp shares jumped 17 percent on Thursday, adding $14 billion to the Japanese tech investment giant's market value, after it unveiled a record share buyback and a surge in quarterly operating profit......»»

Category: topSource: reutersFeb 7th, 2019

SoftBank shares soar 13 percent after $5.5 billion share buyback news

SoftBank Group Corp shares jumped 13 percent on Thursday, a day after Chief Executive Masayoshi Son unveiled a $5.5 billion share buyback to prop up its share price, which he sees as undervalued......»»

Category: topSource: reutersFeb 6th, 2019

McDonald"s reports slight revenue miss

McDonald's Corp. shares slid 1.8% in Wednesday premarket trading then swung to a 0.2% increase after the fast-food giant reported a slight fourth-quarter revenue miss. Net income totaled $1.42 billion, or $1......»»

Category: topSource: marketwatchJan 30th, 2019

Intel commits another $11B to Israel expansion plans

Santa Clara chip giant Intel Corp. will spend $11 billion to build a new factory in Israel, beefing up its footprint in a country where it already employs nearly 13,000 people, the Israeli government said late Monday. Israeli officials will give Intel an.....»»

Category: topSource: bizjournalsJan 29th, 2019

Shares of PG&E jump on report of investor group offer

Shares of power producer PG&E Corp jumped on Monday after a Bloomberg News report said an investor group had offered the company a $4 billion alternative plan that would avoid bankruptcy, according to a CNBC report on Monday......»»

Category: topSource: reutersJan 28th, 2019

Nvidia stock tumbles after company says fourth-quarter results will fall far short of estimates

Shares of Nvidia Corp. are down more than 14% in premarket trading Monday after the company said it expects to report $2.2 billion in fiscal fourth-quarter revenue, below its previous outlook of $2.7 billion. Analysts surveyed by FactSe.....»»

Category: topSource: marketwatchJan 28th, 2019

PG&E shares surge as company secures $5.5 billion in bankruptcy financing

U.S. power producer PG&E Corp's shares surged as much as 16 percent on Tuesday after it said it had secured $5.5 billion in debtor-in-possession (DIP) financing from four banks as it prepares to file for Chapter 11 bankruptcy protection......»»

Category: topSource: reutersJan 22nd, 2019

PG&E shares surge after company secures $5.5 billion in bankruptcy financing

U.S. power producer PG&E Corp's shares surged more than 10 percent on Tuesday after it said it had secured $5.5 billion in debtor-in-possession (DIP) financing from four banks as it prepares to file for Chapter-11 bankruptcy protection......»»

Category: topSource: reutersJan 22nd, 2019

Gold miner sector slips as Newmont"s selloff outweighs Goldcorp"s rally

Gold miner shares were slightly lower in midday trade Friday, as Newmont Mining Corp.'s $10 billion stock deal to buy Goldcorp Inc. actually had a negative affect on the sector. The VanEck Vectors Gold Miners ETF slipped 0.....»»

Category: topSource: marketwatchJan 14th, 2019

Newmont announces $10 billion all-share deal to buy rival Goldcorp

Shares of Goldcorp Inc. surged 13% in premarket on Monday after Newmont Mining Corp. said it will buy all outstanding common shares of its rival in a deal valued at $10 billion. Under the terms of the deal, Newmont will acquire each Goldcorp.....»»

Category: topSource: marketwatchJan 14th, 2019

SoftBank scales back $16 billion plan to buy most of WeWork

WeWork Cos. will let investors and employees sell shares to SoftBank Group Corp. as part of the Japanese conglomerate‚Äôs $2 billion investment in the real estate and co-working startup, the companies... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2019

Nucor to set up plate mill in U.S. Midwest for $1.35 billion

Steel producer Nucor Corp said on Monday it would spend about $1.35 billion to build a plate mill in the U.S. Midwest, taking advantage of federal tax cuts that has resulted in windfall gains for several companies......»»

Category: topSource: reutersJan 7th, 2019

U.S. regional bank Cadence offers more shares to buy State Bank

Regional lender Cadence Bancorp said on Monday it will offer 4.3 million additional shares to buy State Bank Financial Corp in a deal valued at $849 million, well below the $1.4 billion it offered in May......»»

Category: topSource: moneycentralDec 24th, 2018