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Apple Capitalizes On Plunge In Yields, Issues Cheapest Bonds In Years
2020 May 05, 8:46am | 391Read More...Apple Inc. (NASDAQ: AAPL) has issued $8 billion in bonds to fund share buybacks and dividends. What Happened Apple is issuing $2 billion for three years, $2.25 billion forfive years, $1.75 billion for 10 years and $2.5 billion for 30 years in bonds. CNBC anchor Wilfred Frost said the...
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Apple Shows Signs Of Recovery From Coronavirus, Doesn't Shake Bulls With Lack Of Guidance
2020 May 01, 11:21am | 1277Read More...Apple Inc.'s (NASDAQ: AAPL) fiscal second-quarter results bolstered hopes for a coronavirus recovery. Despite supply chain disruption, store shutdowns and declines in demand, the company’s $58.3 billion revenue and $2.55 bottom line beat first-quarter forecasts of $54.8 billion and $2.24...
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Apple Reports Big Q2 Earnings Beat, Driven By Record Services Revenue
2020 Apr 30, 4:40pm | 264Read More...Apple (NASDAQ: AAPL) reported quarterly earnings of $2.55 per share on Thursday, which beat the analyst consensus estimate of $2.26 by 12.83%. This is a 3.66% increase over earnings of $2.46 per share from the same period last year. The company reported quarterly sales of $58.3 billion, which...
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GM Cuts Dividend, Share Buybacks
2020 Apr 27, 10:24am | 256Read More...General Motors Co. (NYSE: GM) announced Monday that it is suspending the quarterly cash dividend on its common stock and suspending its share repurchase program to preserve near-term available cash due to the coronavirus pandemic. The company said it has extended$3.6 billion under its...
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Why American Eagle Outfitters' Stock Is Trading Lower Today
2020 Apr 22, 12:02pm | 163Read More...American Eagle Outfitters (NYSE: AEO) shares are trading lower on Wednesday, after the company suspended its buyback program and deferred payment of its first-quarter dividend. American Eagle Outfitters is an American lifestyle clothing and accessories retailer headquartered at SouthSide Works...
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Materials Stocks See More Interest Amid Hopes for Federal Infrastructure Spending
2020 Apr 08, 10:05am | 2339Read More...The market seems to have regained a little confidence after yesterday’s late downward spiral, but the true test lies straight ahead. A three-day weekend looms, with the markets closed Friday for the holiday. Typically, selling has accelerated into weekends lately as many investors feel shaky...
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Yellen Says Unemployment 'Probably' Up To 12%-13%, Favors Banks Suspending Buybacks
2020 Apr 06, 2:13pm | 453Read More...An unofficial unemployment reading, if taken right now, would "probably" come in at 12% to 13%, ex-Federal Reserve chair Janet Yellen said Monday on CNBC. Unemployment Trending Higher If unemployment is standing at 12% to 13% right now this figure would only worsen over the coming days,...
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Companies Suspend Dividends, Buybacks As Pandemic Weakens Market
2020 Mar 26, 4:12pm | 1029Read More...Dividend and buybacks are the primary means adopted by companies to reward their shareholders. Shareholders can also find returns from capital gains or stock price appreciation, which may or may not be in the company's control. As desperate times call for desperate measures, a slew of...
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Airlines Plead For $50B Bailout, But Do They Deserve It?
2020 Mar 18, 5:29pm | 1043Read More...As U.S. airlines ask for nearly $60 billion in government help to deal with society-wide cocooning they fear could threaten the carriers' existence, critics say the companies have squandered the fruits of a high-flying decade and any bailout should come with conditions. As travel comes to...
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Mark Cuban Talks Stock Picks, Government Bailouts And Buybacks
2020 Mar 18, 10:46am | 401Read More...Billionaire entrepreneur and investor Mark Cuban said he is "dipping my toes" in the stock market at current levels. Putting Money To Work Cuban said on CNBC Wednesday morning he is "putting in 1% to 1.5% to work" whenever the markets are down. He is mostly buying SPDR S...
