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Crypto Mining Titan Bitdeer's $2M Share Repurchase: Shaping the Future of Digital Assets On Nasdaq?
Friday, October 20, 2023 - 10:52am | 431Read More...Crypto mining firm Bitdeer Technologies Group (NASDAQ: BTDR) on Friday announced its board of directors sanctioned a new share repurchase initiative, worth around $2 million. As the crypto industry navigates through dynamic financial landscapes, such strategic financial moves by companies like...
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Robinhood Q4 Earnings Highlights: Revenue, ARPU Up Sequentially, Company Buying Back SBF's Shares And More
Wednesday, February 8, 2023 - 5:52pm | 594Read More...Equity and crypto trading company Robinhood Markets Inc (NASDAQ: HOOD) reported fourth-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Robinhood reported fourth-quarter revenue of $380 million, which was up 5% sequentially. The total came in...
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Snap Inc Posts Q3 Revenue, EPS Beat, Announces Share Buyback, But The Stock Is Plunging For This Reason
Thursday, October 20, 2022 - 4:40pm | 535Read More...Social networking and camera company Snap Inc (NYSE: SNAP) reported third-quarter financial results after market close Thursday. Here are the key highlights. What Happened: One of the companies that was highlighted as an earnings report to watch for the week, Snap reported after the bell...
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Global Eagle Jumps 6% On Share Buyback Announcement
Tuesday, March 29, 2016 - 2:02pm | 154Read More...Shares of Global Eagle Entertainment Inc (NASDAQ: ENT), a provider of digital media solutions for airlines, spiked higher by more than 6 percent on Tuesday after the company announced a new share buyback program. Global Eagle's Board of Directors has authorized a share repurchase program in which...
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MarineMax Spikes 10% After Co. Announces Share Buyback Plan
Monday, February 22, 2016 - 3:02pm | 119Read More...Shares of MarineMax Inc (NYSE: HZO) rose 10 percent on Monday after the company's Board of Directors authorized a new stock repurchase program. MarineMax noted that its Board of Directors is now authorized to acquire up to 1.25 million shares of its common stock through February 28, 2018. The new...
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Here's Why Westinghouse Air Brake Technologies' Stock Surged
Wednesday, February 10, 2016 - 2:40pm | 150Read More...Shares of Westinghouse Air Brake Technologies Corp (NYSE: WAB), a technology-based products and services to freight rail and passenger transit industries, surged higher by more than 8 percent on Wednesday after the company announced a new share buyback program. Wabtec reported that it repurchased...
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Shares Of Glu Mobile Higher On Monday, Company To Buy Back Stock
Monday, January 11, 2016 - 2:16pm | 185Read More...Shares of Glu Mobile Inc. (NASDAQ: GLUU) were trading higher by nearly 2 percent early Monday afternoon after the company's Board of Directors authorized a share buyback program. Glu Mobile, a developer and publisher of games for smartphones and tablets, announced that its Board of...
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Target Boosts Share Buyback To $10 Billion, Raises Quarterly Dividend
Wednesday, June 10, 2015 - 9:21am | 281Read More...Target Corporation (NYSE: TGT) on Tuesday announced that its Board of Directors approved an increase in its quarterly dividend to $0.56 per share from the prior quarterly dividend of $0.52 per share. The dividend is payable September 10 to shareholders of record at the close of business on August...
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Who Holds The Most Apple Stock?
Monday, April 27, 2015 - 2:39pm | 272Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to report its second quarter results on Monday after market close. Vanguard Group is the largest institutional shareholder, holding nearly $43.9 billion worth of stock. Notable activist investor Carl Icahn holds nearly $6.97 billion worth of stock, so it...
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Microsoft Bonds Don't Change Anything At Company, Wells Fargo Says
Thursday, February 12, 2015 - 11:46am | 133Read More...Jason Maynard of Wells Fargo on Thursday commented in a note that Microsoft Corporation's (NASDAQ: MSFT) recent announcement of a debt offering doesn't signal a change in Microsoft's capital allocation plans, rather the financing was needed since over 90 percent of the company's cash balance is...
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Bank Of America Downgrades Microsoft, Cites 'Murkier Outlook'
Tuesday, December 16, 2014 - 9:15am | 259Read More...Kash Rangan of Bank of America downgraded shares of Microsoft Corporation (NASDAQ: MSFT) on Tuesday to Underperform from Neutral with a $47 price target. According to Rangan, Microsoft's outperformance seen in its share prices relative to the S&P 500 is “cause for concern,”...
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How To Capture Share Buybacks With An ETF
Tuesday, May 13, 2014 - 10:10am | 455Read More...The trend of companies announcing share buybacks to reduce their outstanding float and increase their stock price has continued in earnest this year. Recent announcements from companies such as Apple (NASDAQ: AAPL) and Ford (NYSE: F) highlight strategic management decisions to use billions in...
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Market Wrap For November 26: Nasdaq Closes Above 4,000 For First Time Since 2000
Tuesday, November 26, 2013 - 5:44pm | 1627Read More...Investors and traders certainly had their plates full Tuesday with a plethora of data releases sending the Dow to new record highs and the Nasdaq index closing above 4,000 after briefly breaching the mark on Monday. The markets gave back modest gains towards the end of the trading session and...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641Read More...While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...
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Market Wrap For November 21: Dow Re-Claims 16,000 level On Positive Job Data
Thursday, November 21, 2013 - 5:40pm | 2029Read More...Encouraging news coming from the job market was enough to send the major markets higher. Initial Jobless Claims declined 21,000 to 323,000 versus an estimated 335,000. As to be expected, the Senate Banking Panel Voted in favor to approve Janet Yellen as the next Fed Chair. The Dow gained 0....
