Back to Search Start Over

Surge in Buybacks Stirs Up Worries.

Authors :
BROWNING, E. S.
Source :
Wall Street Journal - Eastern Edition. 11/23/2015, Vol. 266 Issue 123, pC1-C2. 2p. 1 Color Photograph, 1 Graph.
Publication Year :
2015

Abstract

The article cites data from research firm Birinyi Associates to state that U.S. companies spent $516.72 billion in stock buybacks during the first nine months of 2015 and discusses concern and criticism of stock buybacks from fund managers such as investment firm BlackRock Inc. chief executive Larry Fink. According to the article, stock buybacks enhance quarterly earnings reports by increasing earnings per share. The article discusses stock buybacks by several firms including Microsoft Corp., Pfizer Inc., and Wells Fargo & Co.

Details

Language :
English
ISSN :
00999660
Volume :
266
Issue :
123
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
111105100