Buyback

NEW YORK (Reuters) - The dollar rallied to trade at a fresh 4-1/2-year high against the yen on Wednesday after Federal Reserve Chairman Ben Bernanke warned that holding interest rates too low for too long has its risks and raised the possibility the Fed...

NEW YORK (Reuters) - Stocks, bonds and currencies took a wild ride on Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank's massive bond-buying program would remain in place for now, even as the bank considers cutting back...

TOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value....

(Reuters) - Pfizer Inc said on Wednesday it will spin off its majority stake in animal health business Zoetis Inc to shareholders by allowing them to swap Pfizer stock for Zoetis shares at a 7 percent discount. Pfizer, the largest U.S. drugmaker, sold...

May 21 (Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics....

(Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. Shares of the nutritional products company rose 4 percent in afternoon trading, as the engagement...

Allstate Corp. investors voted down two shareholder proposals and approved the re-election of its board members at the Northbrook-based insurer's annual meeting. In preliminary results disclosed at the meeting, individual directors received 92 to 99...

DUBLIN/NEW YORK (Reuters) - Royalty Pharma raised its hostile bid for Elan to $12.50 per share and threatened to withdraw the bid if Elan shareholders approve a series of defensive transactions announced by the Irish drug firm. Royalty Pharma, which buys...

The parent of Rockville Bank announced today its board of directors has approved a new stock repurchase plan for up to 10 percent of the bank's outstanding shares. Rockville Financial Inc. said it has received approval from the Federal Reserve Bank of...

* Dollar slips from Friday's 4-1/2 year high vs yen * Asian shares firmer after Friday's Wall Street rally By Masayuki Kitano SINGAPORE, May 20 (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics...

WASHINGTON, May 16 (Reuters) - U.S. arms maker Northrop Grumman Corp said on Thursday it planned to buy back 25 percent of its outstanding shares by the end of 2015, depending on market conditions, after its board of directors approved $4 billion in...

NEW YORK, May 16 (Reuters) - Morgan Stanley has issued 30 million shares as part of the Wall Street bank's employee bonus plan, according to a securities filing. Morgan Stanley valued the stock at a maximum offering price of $705.6 million, or $23.52 per...