Share Buybacks Distort Profit Picture

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

Category: topSource: washpostJun 13th, 2018

Wells Fargo spent $7.3 billion on stock buybacks, helping EPS rise while net income fell

Wells Fargo & Co.'s fourth-quarter profit beat, while revenue missed, appears to have been aided by the bank spending over $7 billion on share buybacks during the fourth quarter. Wells reported a net income.....»»

Category: topSource: marketwatchJan 15th, 2019

Johnson & Johnson revenue spikes

Johnson & Johnson generated a large fourth-quarter profit thanks to a spike in prescription drug sales. The New Brunswick, New Jersey-based maker of health care products (NYSE: JNJ) reported net income of $3.04 billion, or $1.12 per share, for th.....»»

Category: topSource: bizjournalsJan 22nd, 2019

Instinet still bullish on Stanley Black & Decker after guidance disappoints

Stanley Black & Decker Inc. shares slid more than 15% Tuesday, after the company posted 2019 adjusted per-share earnings guidance that lagged consensus numbers. The company posted better-than-expected profit and sales for the fourth quarter, but then.....»»

Category: topSource: marketwatchJan 22nd, 2019

Halliburton tops profit and revenue expectations, shares slip

Shares of Halliburton Co. fell 1.1% in premarket trade Tuesday, although the oil services company reported a fourth-quarter profit and revenue that beat expectations. The company swung to earnings of $664 million, or 76 cents a share,.....»»

Category: topSource: marketwatchJan 22nd, 2019

Gulfport pledges share buybacks after hedge fund demand

Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value Partners......»»

Category: topSource: reutersJan 17th, 2019

Becton Dickinson profit, revenue to rise above expectations

Becton Dickinson & Co. said it expects to swing to fiscal first-quarter net earnings per share of.....»»

Category: topSource: marketwatchJan 17th, 2019

Alcoa"s Fourth-Quarter Revenue In Line With Expectations

Alcoa reported a profit of $43 million, or 23 cents a share, in the fourth quarter, as its bauxite and alumina segments produced higher profit despite weakness in commodity prices......»»

Category: smallbizSource: wsjJan 17th, 2019

Alcoa swings to GAAP profit, sees aluminum deficit, alumina surplus for 2019

Shares of Alcoa Inc. rose in the extended session Wednesday after the company swung to a GAAP profit in the fourth quarter. Alcoa said it earned $43 million, or 23 cents a share, in the quarter, versus a loss of.....»»

Category: topSource: marketwatchJan 16th, 2019

Citigroup reports a surprising 4Q revenue miss

4Q profit of $1.61 per share topped the estimate for $1.55......»»

Category: topSource: foxnewsJan 14th, 2019

Citigroup"s 4Q profit beats, revenue misses

4Q profit of $1.61 per share topped the estimate for $1.55......»»

Category: topSource: foxnewsJan 14th, 2019

Lockheed Martin: Steady Dividend Increases And Share Buybacks Will Drive Stock Price

Lockheed Martin: Steady Dividend Increases And Share Buybacks Will Drive Stock Price.....»»

Category: topSource: seekingalphaJan 10th, 2019

Apple Cuts Revenue Estimate, but Earnings per Share Should Rise

Share buybacks will help boost this bottom-line figure......»»

Category: topSource: foxnewsJan 5th, 2019

Facebook Roundup: Data Breach, Incriminating Emails, Share Buybacks & More


Category: topSource: redinewsDec 26th, 2018

Stock buybacks soar 58% in Q3 as companies use tax savings to boost shareholder returns

Share repurchases during the third quarter by companies in the S&P 500 soared 58% from a year ago to a quarterly record of $203.8 billion, according to S&P Dow Jones Indices. That marks the third .....»»

Category: topSource: marketwatchDec 18th, 2018

Oracle sees strong third quarter on cloud strength, share rise

Oracle Corp on Monday forecast current-quarter profit above estimates after growth in its cloud services and license support unit helped the business software maker surpass Wall Street expectations for the second quarter......»»

Category: topSource: reutersDec 17th, 2018

Johnson & Johnson to buy back $5 billion in stock

Johnson & Johnson announced a new share-repurchase plan Monday afternoon that will allow for up to $5 billion in stock buybacks. Shares gained about 0.8% in after-hours trading following the announcement. The company's stock has been pum.....»»

Category: topSource: marketwatchDec 17th, 2018

HP Inc.: Income Play With Total Return Gain From Share Buybacks

HP Inc.: Income Play With Total Return Gain From Share Buybacks.....»»

Category: topSource: seekingalphaDec 12th, 2018

What You Need to Know About Apple"s Capital Return Program

Dividends and share buybacks are both important to investors, but one is more important to the tech giant's management......»»

Category: topSource: foxnewsDec 11th, 2018

BNY Mellon Rewards Shareholders With More Share Buybacks

BNY Mellon's (BK) plan to reward shareholders with additional share repurch.....»»

Category: worldSource: nytDec 11th, 2018

Facebook: Do Share Buybacks Mean Growth Is Dead?

Facebook: Do Share Buybacks Mean Growth Is Dead?.....»»

Category: topSource: seekingalphaDec 10th, 2018