Apple shares jump 7% as record buyback, sales growth forecast lure investorsApple shares jumped nearly 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors ...
03 May, 2024, 07.45 PM IST
Chevron to buy back $75 billion in stock after record profitThe stock repurchase program will kick in April 1 and will be triple the size of the previous authorization unveiled in early 2019, the com...
26 Jan, 2023, 11.08 PM IST
Amazon announces 20-for-1 stock split, $10 billion share buybackAmazon's stock, which closed at $2,785.58 on Wednesday, has nearly doubled over the last two years, when demand for both its e-commerce and...
10 Mar, 2022, 06.37 AM IST
Apple retreats again, after valuation tops $3 trillionOn Monday, Apple's stock market value rose briefly above $3 trillion for the first time ever, and it repeated that again on Tuesday before ...
05 Jan, 2022, 08.30 AM IST
Buffett’s Berkshire appetite surpasses cash spent on Apple stockBerkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake t...
07 Nov, 2021, 01.24 PM IST
Move over Apple, Microsoft now the world's most valuable companyApple took a $6 billion hit to its sales during the fiscal fourth quarter due to a nagging global supply chain problem, leading to a miss o...
29 Oct, 2021, 10.29 PM IST
Corporate buybacks gain steam with banks poised to boost buyingBanks are joining the party after buybacks rose sharply in the first three months of the year, capping several quarters of gains following ...
04 Jul, 2021, 10.12 AM IST
Berkshire Hathaway appears to buy back more stockBerkshire owns several dozen businesses including the BNSF railroad and Geico car insurance, and stocks such as Apple Inc and Bank of Ameri...
25 Jun, 2021, 12.03 AM IST
Buffett singles out Apple among top 3 valuable holdingsWarren Buffett has amassed $120 billion worth of Apple stock since his conglomerate started purchases in late 2016, while only spending $31...
01 Mar, 2021, 09.26 AM IST
Stock gains power Buffett's Berkshire Hathaway to higher profitFor all of 2020, Berkshire said it bought back $24.7 billion of its own stock, topping its old record $5 billion in 2019.
27 Feb, 2021, 08.08 PM IST
Buffett's share buybacks fail to prevent Berkshire from slidingBerkshire’s board loosened the buyback policy last year.
04 Jan, 2019, 03.58 PM IST
Buffett's $111 billion cash pile intensifies buyback debateBerkshire’s Q2 results released Saturday didn’t detail how many shares it was willing to repurchase, or at what price.
06 Aug, 2018, 08.53 PM IST
Apple's ride to $1 trillion: The magic number that gets it there is $207.05Apple closed at $201.50 Wednesday, a record, after an earnings-inspired jump.
02 Aug, 2018, 07.54 PM IST
Berkshire frees Warren Buffett to buy back stock as cash pile growsBuffett, 87, began a buyback program in 2011 after shunning repurchases for four decades.
18 Jul, 2018, 12.53 PM IST
Why Apple and not Microsoft? Buffett reveals the trade secretIt would just be a mistake to buy Microsoft given the friendship with Bill Gates, he said.
06 May, 2018, 12.51 AM IST
Why Apple will be the first trillion-dollar companyThe trend suggests that sometime this year, Apple will become first trillion-dollar company.
02 Mar, 2018, 02.06 PM IST
Facebook to buy back shares for the 1st timeThe buyback involves Class A common stock and will start in the first quarter of 2017, the company said in a regulatory filing.
21 Nov, 2016, 12.26 AM IST