Buyback

Yahoo Inc. on Tuesday made much ado about its first-quarter financial performance as a sign that it's turning around its fortunes. Wall Street reacted like nothing happened. Analysts said the results and projections were not strong enough to force...

Wall Street shot higher in early trading Monday, with solid preliminary results from IBM encouraging investors to buy back into the stock market after last week's rout. International Business Machines Corp., one of the 30 Dow Jones industrials,...

Q: Now that Chrysler is no longer a part of the company, what is the situation for Daimler AG and its shares? -- R.M., via the Internet A: The German automaker is giving the general impression that a house guest has finally left after an extended visit....

Chicago billionaire Sam Zell's bid for Chicago-based Tribune Co. is valued at roughly $33 per share, a clear premium for a company that has been buffeted by new media challengers, according to a person familiar with the negotiations. Investment bankers...

Altria Group Inc. said Monday it will buy UST Inc. for nearly $10 billion in a deal that will give the maker of Marlboro cigarettes access to the smokeless tobacco market with the Skoal and Copenhagen brands.       Richmond, Va.-based Altria said it...

Bush Administration to Rescue Banks With New Plan The Bush Administration is working on a deal that would rescue banks from the billions they have in bad debt. Early word of the plan pushed the markets Thursday. The Dow surged 410 points. Asian markets...

Tribune Co.'s second-quarter earnings report on Thursday didn't provide much respite from what is turning out to be a long, hot summer for Dennis FitzSimons, the media company's embattled chairman and chief executive. Tribune profit and revenue fell,...

After weeks of infighting and boardroom intrigue over a controversial $2.5 billion stock buyback plan, Tribune Co. announced Tuesday that it will repurchase 45 million of its shares for $32.50 each. That number, which represents 15 percent of the...

There's an ongoing joke among certified public accountants that tax reform--which is generally done in the name of simplification--is always good for their business. The irony, of course, is that you would think reform would put CPAs out of work--...

Disagreements over Tribune Co.'s future are ``a constructive dialogue'' and should help drive the stock price higher, said John Rogers, whose Ariel Capital Management Inc. is Tribune's third-largest shareholder. Tribune's failure to buy back all of the...

When Dennis FitzSimons, the chairman and chief executive of Tribune Co., announced a $2 billion stock buyback on May 30, he was confident that the stock's value would rise. He just wasn't counting on it moving this quickly. Tribune shares surged 4.2...

When Tribune Co. Chief Executive Dennis FitzSimons made the decision in late May to move ahead with a restructuring plan vehemently opposed by his second-largest shareholder, he took up a fight that may end up defining his career. The private battle went...