Share Buybacks Distort Profit Picture
Share Buybacks Distort Profit Picture.....»»
Credit Suisse targets CHF1B-CHF1.5B of share buybacks in 2021
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Tyson profit beats in latest quarter, but sales fall short
Tyson Foods Inc. said Thursday it had net income of $467 million, or $1.28 a share, in its fiscal first quarter to Jan. 2, down from $509 million, or $1.38 a share, in the year-earlier p.....»»
Tyson profit beats in latest quarter, but sales fall short
Tyson Foods Inc. said Thursday it had net income of $467 million, or $1.28 a share, in its fiscal first quarter to Jan. 2, down from $509 million, or $1.38 a share, in the year-earlier p.....»»
US stocks are facing a perfect alignment of conditions that will help monstrous earnings growth translate into sizable share gains, according to a Wall Street chief strategist
Periods with historically low Treasury yields and strong earnings tend to drive the biggest market gains, strategist James Paulsen said. Stan Honda/AFP/Getty Images Expectations for strong profit growth amid low yields in 2021 should se.....»»
Merck Posts Mixed Q4 Earnings; Kenneth Frazier To Step Down As CEO
Merck & Co. Inc (NYSE: MRK) reported a fourth-quarter profit of $1.32 per share, which missed the analyst cons.....»»
Alphabet shares jump as ad, Cloud sales soar amid pandemic
Alphabet’s quarterly profit rose 43% to $15.2 billion, or $22.30 per share, compared with the average estimate of $10.895 billion, or $15.95 per share......»»
Chipotle"s profit misses estimates as COVID-19 costs mount
Excluding one-time items, the company earned $3.48 per share, missing the estimate of $3.73, according to IBES data from Refinitiv.....»»
Nintendo boosts FY profit per share view to Y3,357.86 from Y2,518.40
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Altria profit falls short, while revenue beats
Altria Inc. said it had net income of $1.924 billion, or $1.03 a share, in the fourth quarter, after a loss of $1.809 billion, or $1.00 a share, in the year-earlier period. Adjusted per-share earnings came to 99 cents, below the $.....»»
Raytheon CEO says the company will "load up" on share buybacks in 2021 after strong 4th-quarter earnings
Raytheon beat analyst estimates for EPS and revenue while posting strong free cash flow. Now the company says it will buy back shares this year. Raytheon.....»»
Bank of America"s 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division
The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»
Citigroup beats profit estimates but revenue falls short
Citigroup Inc. said Friday it had net income of $4.6 billion, or $2.08 a share, in the fourth quarter, down from $5.0 billion, or $2.15 a share, i.....»»
Bristol Myers adds $2 billion to share buyback program
Bristol Myers Squibb Co. said Monday its board has approved an additional $2 billion of share buybacks, bringing the company's full authorization to about $6.4 bil.....»»
Constellation Brands earnings, revenue top expectations
Constellation Braands, whose Chicago-based beer division imports Corona and Modela beers, said it had profit of $6.55 per share. Earnings,.....»»
Fonds de solidarité FTQ Posts 11.0% Return for First Six Months of 2020-2021
Highlights as at November 30, 2020: 12-month return of 6.3% 6-month return of 11,0% Share value at $49.11 (up $4.87 since June 30, 2020 and $2.91 since December 31, 2019) 6-month comprehensive income (profit) of $1.6 billion Net as.....»»
Truist, Wells Fargo, BofA allowed share buybacks following second round of Federal Reserve stress tests
The Fed is limiting dividends and share buybacks in the first quarter based on a bank's income over the past year. Here's what that means for shareholders......»»
Banks stocks rally to buck broader market selloff after Fed to allow share buybacks again
Bank stocks are showing g.....»»
The Fed: Federal Reserve loosens restrictions on big bank stock buybacks
The Federal Reserve on Friday loosened its ban on share buybacks for the largest banks that were put in place earlier this year to ensure the sector had enough capital to continue to function during the coronavirus pandemic......»»
Apple, Amazon and Share Buybacks
Share repurchases are a logical and effective way to help shareholders, if done rightRelated Stocks: AMZN, AAPL, DAL, AAL, LUV, BRK.A, BRK.B, GOOGL, MSFT,.....»»
Billionaire Chamath Palihapitiya says Jeff Bezos is this generation"s best investor, "even better than Buffett"
Getty Images Billionaire Chamath Palihapitiya said in a Tuesday interview with CNBC that he thinks Jeff Bezos is a better investor than Warren Buffett. His argument focuses on share buybacks, whi.....»»