Last year saw a surge in stock repurchases — companies like ExxonMobil, Walmart and Microsoft bought back shares at record levels. Buybacks can be seen as a cash giveaway to investors, and they boost earnings per share. But th…
The Federal Reserve is finally admitting that not all the big banks are healthy: Bank of America won’t get to pay increased dividends. But none of those financial giants should be allowed to, and a logical look at the reasons t…
Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
Companies that have piled up cash over the past few years are finding one good use for it: Repurchasing their own shares. January alone saw $57 billion in buybacks, compared with $357 billion for all of 2010. While buybacks don…
Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.
Continue reading GE Releases Optimis…