Buybacks

Herbalife Ltd. (NYSE: HLF) announced Monday that it has commenced a modified Dutch auction, a self-tender offer to purchase up to $600 million shares of its common stock using cash. The pricing was fixed between $60 and $68. The company also said, for each share tendered, shareholders would...

Target Corporation (NYSE: TGT) impressed investors in its second-quarter earnings report Wednesday, sending the stock higher by more than 5 percent — a strong move considering Target already issued guidance in early July. Target reported that it earned $1.23 per share in the quarter on...

Payment processing company Vantiv Inc (NYSE: VNTV) announced Wednesday a deal to buy U.K.-based peer WORLDPAY GRP PLC UNSPON ADR EACH REPR 3 ORD (OTC: WPYGY) for $10 billion. Following the announcement, Stifel added shares of Vantiv to the Stifel Select List, citing its belief that the stock...

Buyback activity has a subdued start to 2017. The S&P 500 companies' stock buyback fell 17.5% year over year and 1.6% sequentially to $133.1 billion in the first quarter of 2017. Superb market rally on Trump-induced optimism is believed to have held companies back from indulging in share...

Some of the stocks that may grab investor focus today are: Wall Street expects Helen of Troy Limited (NASDAQ: HELE) to report quarterly earnings at $1.26 per share on revenue of $358.40 million before the opening bell. Helen of Troy shares rose 2.39 percent to close at $94.25 on Friday....

JPMorgan initiated coverage on Altaba Inc (NASDAQ: AABA), the reincarnation of Yahoo’s assets following the sale of the Yahoo's operating business to Verizon Communications Inc. (NYSE: VZ). The firm issued an Overweight rating accompanied by a price target of $65. The price target represents...

Analysts at Citi are now recommending investors buy shares of Expedia Inc (NASDAQ: EXPE) even though the stock has already gained 30 percent in 2017 alone and nearly 50 percent over the past year. Citi's Mark May upgraded Expedia's stock rating from Neutral to Buy with a price target boosted from $...

Last week’s blow to oil and the sideways trading during most market sessions may see a repeat this week as investors prepare to wind down for the long 4th of July weekend. There’s not a lot in the pipeline this week that would typically drive trading, but a handful of reports on the...

S&P 500 companies are buying back fewer shares of stock, a phenomenon that could have mixed implications for investors. S&P 500 stock buybacks declined by 17.5 percent in the first quarter of 2017 compared to a year ago, according to a new report by S&P Global. In the first three months...

In this day and age of algorithmic trading, there are many mind-boggling moves in the equities markets. None more so than the rip-your-face-off rally in shares of Scotts Miracle-Gro Co (NYSE: SMG) in Tuesday's session. For a quick recap, the stock opened $2.00 lower, immediately bottomed and...

Dave & Buster’s Entertainment, Inc. (NASDAQ: PLAY) shares may near all-time high territory after a solid first-quarter beat Thursday. Parsing Through The Quarter Print The entertainment venue's differentiated concept appeals to all ages and continues to drive market share gains and same-...

Argus analyst John Staszak initiated coverage of Hilton Worldwide Holdings Inc (NYSE: HLT) with a Buy rating and $80 price target. In Review Estimated 2017 EPS is $1.99, against the consensus of $1.81, and 2018 EPS is estimated at $2.25, above the consensus of $2.13. Hilton has exceeded consensus...