Buybacks

LSI Corp. (LSI) Raises Outlook On Renewed Corporate Demand

Shares of LSI Corp. (NYSE: LSI) went up by 11% on Wednesday as the microchip and software maker raised its first-quarter outlook. The revised guidance is in the backdrop of a greater-than- expected recovery in corporate demand and increased IT (information technology) spending by companies.

Is GE a Buy?

General Electric (GE) has been on a roll this month with the stock ending the day at $18.07. GE is up 14.2% for the month with shares rising from $15.83 entering March. Are GE shares a buy at the current price?
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Limited Brands To Pay Special Dividend, Buyback Shares (LTD)

The Limited Brands Inc. (NYSE: LTD), which owns Victoria's Secret, announced after the close Monday that it will pay a special $1.00/share dividend on April 19, 2010 to shareholders of record at the close of business on April 5, 2010.

Limited Brands Announces Special Dividend And Share Buyback (LTD)

After the market close, Limited Brands, Inc. (NYSE: LTD) announced that its Board of Directors has declared a special dividend of $1 per share and has authorized a $200 million share repurchase program. The special dividend will be paid on April 19, 2010 to shareholders of record on April 5, 2010.

Pepsi Increases Dividend Payout, Announces Share Buyback (PEP)

PepsiCo Inc. (NYSE: PEP) has raised its annual dividend by 7% to $1.92 per share. The company also announced it plans to buy back up to $15 billion worth of its stock.

Pepsico (PEP) Rewards Investors By Buying Back Shares

Pepsico (PEP) announced that they will be buying back up to $15 billion in shares. Shares are up 1.6% on news of the stock repurchases. The stock buyback will take place over the next 3 years and will run through June 2013.

Banks Advised To Halt Dividend Increase Plans (JPM, GS)

US regulators have advised banks not to increase dividends, or buy back shares.

Applied Materials (AMAT) Raises Dividend

Applied Materials, Inc. (NASDAQ: AMAT) has announced on Monday that it will increase its quarterly dividend by 17%. The semiconductor equipment maker also announced that it plans to buy back up to $2 billion in shares.

US Companies Increase Their Cash Cushion (MS, PM, HD, LOW)

US companies are deleveraging their financial structure. According to a report released by Morgan Stanley (NYSE: MS), the companies have increased their cash balance to approximately 30% of their debt in the fourth quarter. The figure stood at 25% in the third quarter.

Sara Lee To Buy Back $500 Million In Shares (SLE, GS)

Sara Lee Corp. (NYSE: SLE) has entered into an agreement with Goldman Sachs Group, Inc. (NYSE: GS) to buy back $500 million of its shares on an accelerated basis, as it moves to use the funds from the sale of its household and body-care businesses.