When a company announces a stock buyback, take a closer look at what’s behind the decision. Other than the usual rhetoric of returning the company’s wealth to shareholders, there are many less altruistic reasons like improving balance sheet ratios or fending off corporate takeovers.
Grocer Metro Inc. plans to buy back up to 7,000,000 of its shares over the next year.
Find value in repurchase programs.
During a downturn, choose co-operatives, says a new report from the International Labour Organization, a UN agency.
When a client dies, any property he owned is automatically deemed sold at fair market value, which could lead to capital gains or losses. But what if that property includes stock certificates from companies that no longer exist?
Dividend-paying companies have commonly been perceived as boring, low-return opportunities. In reality, they’re a great way to pump up the returns of any portfolio
At last year’s shareholder meeting, Citigroup’s executives ran into a brick wall over their pay scheme, with more than half of investors putting up resistance. This year was different: over 90% approved, reports the Financial Times.
U.S. corporations are sitting on mountains of cash. The checks and balances that keep company executives and shareholders from steamrolling each other are key to ensuring it’s properly managed, John Gapper of the Financial Times argues.
The CSA is aiming to establish a comprehensive framework for the treatment of rights plans in Canada.
The S&P 500 now has an even more unusual competitor: the Tooth Fairy Index. The index is compiled based on an annual poll conducted by Delta Dental, a U.S.-based dental benefits carrier.