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"I"m a believer in my company": Lowe"s CEO sticks to stock buyback plans

"We think that we will create a great value and we'll create a great opportunity for shareholder value over the long term," Lowe's CEO Marvin Ellison told CNBC......»»

Category: topSource: madmoneyMar 25th, 2020

Exxon CEO sticks to big spending plan despite weak stock performance

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged its competitors, which are cutting costs......»»

Category: topSource: reutersMar 5th, 2020

Raleigh company"s largest investor to sell all of its shares — $600M-plus

A Raleigh-based contract research organization plans a stock buyback worth half a billion dollars as one of its major shareholders plans to sell millions of its shares. PRA Health's board of directors has authorized a $500 million share repurchase.....»»

Category: topSource: bizjournalsSep 4th, 2019

Innolux launches share buyback plan

Flat panel maker Innolux plans to buy back up to 80 million of its common shares from the stock market in the next two months as a means to shore up its share prices, according to a company announcement......»»

Category: topSource: digitimesJul 16th, 2019

Lowe"s Jumps on Announcement of $10 Billion Stock Buyback Plan

Lowe's Cos jumped 4% Wednesday after the company reiterated its 2018 financial forecast and said its board approved a $10 billion stock buyback plan. .....»»

Category: topSource: moneycentralDec 12th, 2018

Lowe"s Adds $10 Billion to Stock Buyback Program

Lowe’s plans to increase its share buyback program by $10 billion, as the home-improvement retailer looks to turn investor sentiment and prove to Wall Street its business and growth plans are on solid footing......»»

Category: smallbizSource: wsjDec 13th, 2018

Palo Alto Networks stock rallies after big earnings beat, $1 billion buyback plan

Palo Alto Networks Inc. shares rallied in the extended session Tuesday after the cybersecurity company reported a big earnings beat and plans to repurchase $1 billion in stock......»»

Category: topSource: marketwatchFeb 26th, 2019

"I"m a believer in my company" — Lowe"s CEO says that"s why he"s personally buying shares

"We think that we will create a great value and we'll create a great opportunity for shareholder value over the long term," Lowe's CEO Marvin Ellison told CNBC......»»

Category: topSource: madmoneyMar 26th, 2020

AT&T halts controversial stock buyback plan after pressure over job cuts

AT&T has decided to halt the accelerated stock buyback program it previously planned. The company also appears to be trying to make up for t.....»»

Category: blogSource: valuewalkMar 25th, 2020

Ulta Beauty taking another look at stock buyback program, draws down $800 million from credit facility

Ulta Beauty Inc. said Monday that it's reconsidering the "pace and timing" of its stock buyback program. The company has also drawn down $800 million from its credit facility. As of March 18, the company has $1.3 billion in c.....»»

Category: topSource: marketwatchMar 23rd, 2020

SoftBank $41B Buyback Sends Stock Soaring

SoftBank Group Corp’s (OTC: SFTBY) directors have approved a plan to repurchase shares totaling 4.5 trillion yen or $41 billion, leading to the company's stock registering the read more.....»»

Category: blogSource: benzingaMar 23rd, 2020

"We"ve got a strong balance sheet": Starbucks CEO defends stock buyback program

Starbucks CEO Kevin Johnson defended the company's share buyback program amid the coronavirus pandemic......»»

Category: topSource: madmoneyMar 18th, 2020

Penn National taps into $430M in credit after coronavirus outbreak closes casinos

Penn National Gaming is using $430 million in credit as a lifeline as the company's casinos close and its stock plummets. Penn National (NASDAQ: PENN) has announced plans to use the remainder of its $700 million revolving credit facility to preserve .....»»

Category: topSource: bizjournalsMar 17th, 2020

Opko"s stock soars on plans for COVID-19 testing sites in New York

Shares of Opko Health soared 45% in premarket trading on Friday after the Miami-based company said it has partnered with the New York State Department of Health to create a drive-through testing facility in New Rochelle, N.Y., for COVID-19. It also sai.....»»

Category: topSource: marketwatchMar 13th, 2020

MGM stock falls 10% after company scrubs $1.25 million share buyback

Shares of MGM Resorts International fell 10% in the extended session Thursday after the company said it canceled its $1.25 million share buyback, an offer due.....»»

Category: topSource: marketwatchMar 12th, 2020

Oil workers made a big, bad retirement bet: Company stock

The losses spread across the 401(k) plans of some 66,000 workers underscore the danger.....»»

Category: smallbizSource: nytMar 11th, 2020

Oil workers made a big, bad retirement bet: Company stock

The losses spread across the 401(k) plans of some 66,000 workers underscore the danger.....»»

Category: smallbizSource: nytMar 11th, 2020

Wesco changes plan for financing Anixter acquisition

Wesco International Inc. had planned on selling equity to fund part of its acquisition of Anixter International, but those plans have hit a snag due to the recent performance of the company's stock. The Pittsburgh-based distributor of electrical, .....»»

Category: topSource: bizjournalsMar 11th, 2020

iBio stock surges 19% premarket on hopes for plans to develop plant-based coronavirus vaccine

Shares of tiny biotech iBio Inc. surged another 19% in premarket trade Thursday, on continued strong hopes for its partnership with a Chinese company on a plan.....»»

Category: topSource: marketwatchMar 5th, 2020

Exxon CEO sticks to spending targets despite oil downturn

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Tuesday it would stick to its spending plans even as its rivals trim costs......»»

Category: topSource: reutersMar 5th, 2020

Amid Contract Negotiations, CWA-Represented AT&T West Workers Slam Company for New Stock Buyback Announcement

AT&T Inc. (NYSE:T)’s President and Chief Operating Officer John Stankey announced.....»»

Category: blogSource: valuewalkMar 4th, 2020