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Share Buybacks Distort Profit Picture

Share Buybacks Distort Profit Picture.....»»

Category: topSource: washpostJun 13th, 2018

In One Chart: 5 companies that spent lavishly on stock buybacks while pension funding lagged

Even as corporate executives engage in a spree of share buybacks to spur stock prices higher, many have eschewed adding to their employee’s pension pots.....»»

Category: topSource: marketwatchOct 20th, 2018

Schlumberger tops profit estimates as revenue falls slightly short

Energy giant Schlumberger Ltd. said Friday it had net income of $644 million, or 46 cents a share, in the third quarter, up from $581 mi.....»»

Category: topSource: marketwatchOct 19th, 2018

Alcoa Heads for Biggest Gain Since 2017 After Profit Surprise

Alcoa Corp. shares headed for the biggest gain in more than a year after reporting third-quarter earnings that were double estimates and announcing a share buyback......»»

Category: topSource: moneycentralOct 18th, 2018

Walmart CEO points to new company culture, cuts profit forecast

Walmart Inc's chief executive officer on Tuesday urged investors to revise their view of the company's business, touting its tech investments to grow online sales at a time that Walmart is battling Amazon.com for market share......»»

Category: topSource: reutersOct 16th, 2018

Walmart warns it will "test a lot, fail a lot;" cuts profit forecast

Walmart Inc's chief executive officer on Tuesday urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time it is battling Amazon.com for market share......»»

Category: topSource: reutersOct 16th, 2018

UnitedHealth 3Q earnings and revenue top expectations

UnitedHealth reported an adjusted profit of $3.41 per share......»»

Category: topSource: foxnewsOct 16th, 2018

Morgan Stanley profit beats on strength in equity trading, underwriting

Net income attributable to Morgan Stanley rose to $2.11 billion, or $1.17 per share, in the third quarter ended Sept. 30, from $1.78 billion, or 93 cents per share, a year ago......»»

Category: topSource: foxnewsOct 16th, 2018

Johnson & Johnson reports Q3 profit, revenue beats

Johnson & Johnson reported third-quarter profit and revenue beats early Tuesday. Earnings for the latest quarter rose to $3.93 billion, or $1.44 per share, after $3.76 billion, or $1.37 per share in the year-earlier period. Ad.....»»

Category: topSource: marketwatchOct 16th, 2018

Morgan Stanley"s stock jumps after profit, revenue rise above expectations

Shares of Morgan Stanley rallied 1.9% in premarket trade Tuesday, after the investment bank reported third-quarter profits and revenue that rose above expectations. Net income rose to $2.02 billion, or $1.17 a share, from $1.69 billion, or 9.....»»

Category: topSource: marketwatchOct 16th, 2018

Bank of America"s lagging loan growth overshadows profit gains

Bank of America Corp's loan growth lagged rivals and fees from advising on deals and underwriting bonds fell in the third quarter, sending its share price 1.7 lower even as profit beat expectations......»»

Category: topSource: reutersOct 15th, 2018

Bank of America profit rises 35% on tax cuts, loan growth

Net income applicable to common shareholders rose to $6.7 billion, or 66 cents per share, in the third quarter ended Sept. 30 from $4.96 billion, or 46 cents per share, a year earlier......»»

Category: topSource: foxnewsOct 15th, 2018

JPMorgan Earnings Feast on Higher Interest Rates, Lower Taxes

JPMorgan reported quarterly results Friday morning that beat analysts expectations for both per-share earnings and revenues. Higher interest income and lower taxes drove most of the profit gains......»»

Category: blogSource: 247wallstOct 12th, 2018

Richardson Electronics Reports First Quarter Fiscal 2019 Profit and Declares Quarterly Cash Dividend

LAFOX, Ill., Oct. 10, 2018 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its first quarter ended September 1, 2018. The Company also announced that its Board of Directors declared a $0.06 per share .....»»

Category: earningsSource: benzingaOct 10th, 2018

Why IDT Is Wednesday’s Big Earnings Winner

IDT shares soared after it released its fiscal fourth-quarter financial results and announced share buybacks......»»

Category: blogSource: 247wallstOct 10th, 2018

U.S. hedge fund King Street urges Toshiba to speed up share buybacks

Japan's Toshiba Corp is "severely undervalued" and should boost share repurchases, U.S. hedge fund King Street Capital Management LP said in a letter on Wednesday......»»

Category: topSource: reutersOct 3rd, 2018

Frank"s RedHot helps boost McCormick"s profit spike in 3Q

McCormick & Co. Inc.'s profits increased 60 percent in the third quarter as sales of Frank's RedHot Sauce and French's mustard grew. The Sparks-based spice maker had a $173.5 million profit, or $1.30 per share, up from $108.2 million, or 85 cents p.....»»

Category: topSource: bizjournalsSep 27th, 2018

McCormick Reports Double Digit Third Quarter Sales and Profit Growth and Increases 2018 Earnings Per Share Outlook

McCormick Reports Double Digit Third Quarter Sales and Profit Growth and Increases 2018 Earnings Per Share Outlook PR Newswire HUNT VALLEY, Md., Sept. 27, 2018 HUNT VALLEY, Md., Sept. 27, 2018 /PRNewswire/ -.....»»

Category: earningsSource: benzingaSep 27th, 2018

Oracle Just Became Guilty of Buying Back Too Much Stock

Investors love when capital is returned to them by companies. This can be in the form of dividends or share buybacks. There is a dark side to dividends and stock buyback plans, though, and that is........»»

Category: blogSource: 247wallstSep 25th, 2018

FA Center: How some companies manipulate share buybacks to inflate earnings

Accelerated Share Repurchases can turn a firm’s quarterly miss into a stock-boosting beat, writes Mark Hulbert......»»

Category: topSource: marketwatchSep 24th, 2018

Share Buybacks Help Lift Corporate Earnings - Wall Street Journal

Wall Street JournalShare Buybacks Help Lift Corporate EarningsWall Street JournalCompanies' record stock repurchases this year are causing profits to appear stronger and fueling t.....»»

Category: topSource: googlenewsSep 23rd, 2018