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1 min read

Paytm board to consider share buyback proposal on December 13

Liquidity of a company is measured by its ability to covert assets into cash. "The meeting…

PTI   


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1 min read

Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion

This is the Chinese e-commerce company's largest ever share buyback plan and will be valid for two …

Hamza Fareed Malik   


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2 mins read

Warren Buffett's Berkshire Hathaway plowed a net $41 billion into stocks last quarter — and slowed its share repurchases

The famed investor's company reported a 28% drop in its cash pile to $106 billion as its stock purc…

Theron Mohamed   


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3 mins read

TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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7 mins read

Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares

India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…

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7 mins read

Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations

Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…

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5 mins read

Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7

In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…

Dan DeFrancesco   


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1 min read

The stock market's safety net will be bigger than ever in 2025

Goldman Sachs says stock buybacks will rebound to $925 billion in 2024 and a record $1.1 trillion i…

Aruni Soni   


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2 mins read

Stock market today: S&P 500, Nasdaq notch records as Powell reiterates rate cuts are coming

Stocks rallied as Jerome Powell said the Fed could soon cut interest rates. Traders Friday will be …

Phil Rosen   


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1 min read

Warren Buffett's Berkshire Hathaway sold a net $10 billion of stocks last quarter - but ramped up buybacks to over $4 billion

Warren Buffett's company was a net seller of stocks, boosted its buybacks, and grew its cash pile i…

Theron Mohamed   


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2 mins read

Warren Buffett's Berkshire Hathaway was a net seller of stocks last quarter — and slowed its share buybacks

The famed investor's company spent a record $27 billion on buybacks, and sold over $7 billion of st…

Theron Mohamed   


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2 mins read

Tesla will face stock buyback pressure from activist investors next year after shares get cut in half in 2022, Wedbush says

Tesla shares were down 6% on Monday, erasing another $30 billion in market cap to extend this year'…

Matthew Fox   


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2 mins read

Senate Democrats propose 2% tax on stock buybacks to help fund $3.5 trillion spending plan

JPMorgan estimates that a record $1 trillion in corporate stock buybacks could be made over the nex…

Matthew Fox   


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1 min read

Tesla is flirting with its first-ever share buyback - and it's a signal the company thinks its stock is undervalued

CEO Elon Musk told analysts late Wednesday that Tesla was considering a share buyback of $5 billion…

Brian Evans   


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2 mins read

The stock market is close to finding its bottom as corporate share buybacks surge to record highs, JPMorgan says

"In the latest sell-off, JPM estimates 3-4x higher buyback executions than trend, which implies the…

Matthew Fox   


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2 mins read

Credit Suisse shares jump 7% after the embattled bank launches a $3 billion bond-buyback program

The Swiss lender is repurchasing a bunch of debt after investors dumped its stock earlier this week…

Theron Mohamed   


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TCS shareholders cheer share buyback and strong growth

The software exporter that crossed $25 billion in annual revenue, with three months to spare in …

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4 mins read

'Abercrombie & Fitch is cool again': A WallStreetBets post from 2 years ago nailed the clothing retailer's 305% meme-stock spike

At the time of the Reddit post, Abercrombie & Fitch stock traded at just over $32 per share, which …

Matthew Fox