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Broadcom Upgraded On Raised Guidance, Stock Buybacks
2014-12-15 21:39:33| Semiconductors - Topix.net
At its annual analyst day Tuesday, Broadcom announced a $1 billion share buyback plan and increased its Q4 revenue guidance to $2.08 billion-$2.15 billion from $2 billion-$2.15 billion. Analysts polled by Thomson Reuters have forecast $2.1 billion.
Tags: stock
raised
guidance
upgraded
Broadcom Upgraded On Raised Guidance, Stock Buybacks
2014-12-15 21:25:52| Chemicals - Topix.net
At its annual analyst day Tuesday, Broadcom announced a $1 billion share buyback plan and increased its Q4 revenue guidance to $2.08 billion-$2.15 billion from $2 billion-$2.15 billion. Analysts polled by Thomson Reuters have forecast $2.1 billion.
Tags: stock
raised
guidance
upgraded
Hyundai, Kia Unveil Share Buybacks After Anger Over Property Purchase
2014-11-12 02:08:55| Automakers - Topix.net
Hyundai Motor Co and affiliate Kia Motors unveiled share buybacks worth a combined 670 billion won , in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters. Although buyback plans aimed at rewarding employees are common, schemes aimed at enhancing shareholder value are rare for South Korean automakers.
Tags: share
property
purchase
hyundai
Is AutoZone Inc. Wasting Billions With Its Buybacks?
2014-10-28 17:28:55| Auto Parts - Topix.net
That sounds like a good strategy, but with $1.3 billion in buybacks over the last fiscal year ending Aug. 30 and another $869 million in authorization for more, is the auto-parts company biting off more than it can chew? Thin on cash The problem with AutoZone is that most of its short-term assets are inventory. Inventory is something the company has to always have on stock in order to remain in business.
Tags: its
billions
wasting
autozone
Stock buybacks can serve to pad executive pay
2014-10-28 04:40:22| Industrial Machines - Topix.net
In the most recent quarter, one in four companies in the S&P 500 index is expected to have juiced its earnings per share by 4% or more by snapping up its own stock, according to S&P Dow Jones Indices. That is up from one in five at the beginning of the year.
Tags: pay
stock
executive
serve
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