| Feb 1, 2013
| 3:54 PM
Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets.
On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...
| Feb 14, 2013
| 7:58 AM
Warren Buffett has been very publicly casting about for a big deal – and he's found one in the Heinz ketchup company.
Through his investment firm, Berkshire Hathaway, the famed investor is teaming up with a Brazilian private-equity firm to acquire...
| Dec 23, 2013
| 11:34 AM
Stock buybacks by U.S. corporations hit their highest level since the 2008 global financial crisis, as companies gobbled up their own shares despite paying steadily rising prices.
Total share repurchases by companies in the Standard & Poor’s 500...
| Dec 27, 2013
| 2:41 PM
Investor activist Carl Icahn has submitted an advisory proposal asking Apple to increase the size of its stock buyback program in 2014 to $50 billion.
The details of the proposal were included in a proxy statement that Apple filed Friday afternoon with...
| Jan 3, 2014
| 5:20 PM
Liberty Media Corp. intends to strengthen its embrace of SiriusXM satellite radio.
The Colorado-based Liberty, which is controlled by billionaire John Malone, announced a plan late Friday to offer Liberty common stock to minority shareholders of...
| Jan 23, 2014
| 1:05 PM
Activist investor Carl Icahn turned up the pressure on Apple on Thursday by announcing that he'd bought an additional $500 million worth of stock in the company.
Icahn also filed an official letter outlining the reasons he believes Apple should...
| Aug 4, 2013
In his fresh effort to put the economy back at center stage in Washington, President Obama has issued a new challenge to congressional Republicans on the crucial issue of why the American middle class is hurting and which side can best lift average...
| Aug 14, 2013
| 9:31 AM
SAN FRANCISCO — Activist investor Carl Icahn said he has amassed a sizable stake in Apple Inc. and prodded the tech giant to increase its stock buyback program, cheering investors but creating a headache for one of the industry's most admired...
| Aug 22, 2013
| 1:15 PM
Investor Carl Icahn revealed plans to have dinner with Apple Chief Executive Tim Cook to discuss the "magnitude" of the company's stock buyback.
Icahn disclosed the planned meeting in a post Thursday on Twitter. "Spoke to Tim," Icahn tweeted. "Planning...
| Sep 12, 2013
| 2:09 PM
The Walt Disney Co. will repurchase up to $8 billion in stock next year, giving a major boost to investor returns, the company's chief financial officer Jay Rasulo said Thursday.
In remarks at the Bank of America Merrill Lynch 2013 Media,...
| Sep 13, 2013
| 12:21 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., has authorized a $75-million stock repurchase plan and announced a dividend designed to protect the company from a hostile takeover.
Privately held MGM said the move was not being adopted in...