Buyback

By Natsuko Waki LONDON, May 9 (Reuters) - A growing trend for companies to return some of their huge cash piles to shareholders rather than using the money to expand their businesses could spell trouble for the global economy. Their reluctance to invest...

* Profit misses estimates, shares down 2 pct * Higher claims offsets premium growth * Insurer to buy back up to 5 pct of shares * Sees no material margin impact from Ontario rate plan By Cameron French TORONTO, May 8 (Reuters) - Intact Financial Corp...

Just months after leading a shareholder revolt against Apple, hedge fund manager David Einhorn revealed on Tuesday that he's been buying more stock in the company.  In a conference call with investors of Greenlight Capital, Einhorn confirmed that the...

By Martinne Geller NEW YORK, May 3 (Reuters) - Constellation Brands Inc has not yet decided whether to raise prices on beers like Corona Extra and Modelo Especial later this year, but its chief financial officer said the pricing strategy should be no...

Winter Park-based Ruth's Hospitality Group's first-quarter profit soared as revenues increased 7 percent, mainly at its flagship Ruth's Chris Steak House, the company reported Friday. Net income was $7.7 million or 22 cents per diluted share, compared...

PRAGUE, May 3 (Reuters) - Central European Media Enterprises (CME) priced a public share offer at a 13 percent discount on Friday, sending its shares to a record low as it tries to cut debt while advertising revenue sinks. The broadcaster, almost half...

* Royalty submits offer document for Elan Corp * Says only prepared to offer fair price for Tysabri * Elan has already rejected bid, teeing up other deals * Royalty says share buyback was attempt to frustrate bid * Elan shares down 1.6 pct in...

Shares of Hyatt Hotels Corp. sank Wednesday after the Chicago hotel company said its first-quarter revenue fell short of Wall Street's expectations on a slowdown in tour group traffic. The weakness in its U.S. tour business countered strong traffic from...

Chicago-based Hyatt Hotels Corp. reported a 20 percent fall in quarterly profit as revenue from its group business declined. "We continued to see strength in transient demand, however group demand declined, in part due to the timing of Easter as compared...

NEW YORK — The market wasn't supposed to go this far, this fast. Just a few months ago, Wall Street analysts predicted this year's stock rally would level off given the strong run-up seen in the first three months of the year. They held out hope...

* Raises dividend 54 pct * Plans C$2 bln share repurchase * Q1 operating earnings C$0.90 vs C$0.75 expected * Shares rise 2.7 pct CALGARY, Alberta, April 30 (Reuters) - Shares of Suncor Energy Inc rose 2.7 percent in early trading on Tuesday as the...

This post has been updated. Back in December, while I was writing a story about the extraordinary volatility of Apple's stock, one trader used the term "Apple slingshot" to describe the ups and downs of its shares.  Basically, the idea is that the...