Tuesday, 19 February 2019

The stock buyback backlash may be misplaced

Stock buybacks have come under fire lately, with politicians on both sides of the aisle arguing that the only people who benefit when big companies repurchase their own shares are already wealthy CEOs and other executives.
CNN Business: Markets Now
 
News: What you need to know about the markets
 
 
The stock buyback backlash may be misplaced
Stock buybacks have come under fire lately, with politicians on both sides of the aisle arguing that the only people who benefit when big companies repurchase their own shares are already wealthy CEOs and other executives. Read more »
 
Payless plans to close during its second bankruptcy, costing 16,000 workers their jobs
Payless ShoeSource is heading back into bankruptcy. This time it will close its doors. Read more »
 
How US sanctions on Venezuela are rippling through oil markets
US sanctions on Venezuela's national oil company have accelerated the unprecedented collapse of its oil output and set off a domino effect in the global energy market. Read more »
 
JPMorgan's move into crypto puts the rest of the industry on notice
JPMorgan Chase's splashy new digital coin could change how banks approach blockchain and cryptocurrency. Read more »
 
Walmart had a blowout holiday
Walmart's all-important holiday sales blew past expectations. Read more »
 
FAA investigating Southwest over baggage weight data
The US Federal Aviation Administration is investigating how Southwest Airlines tracks the weight of checked bags on its flights. Read more »
 
 
 
 
Dow Nasdaq S&P
+8.07   +14.36   +4.16
25,891.32   7,486.77   2,779.76
+0.03%   +0.19%   +0.15%
YTD +10.99%   YTD +12.83%   YTD +10.89%
 
Biggest Winners
Freeport-McMoRan Inc +6.60%
 
Noble Energy Inc +4.68%
 
Newmont Mining Corp +3.88%
 
Jacobs Engineering Group Inc +3.68%
Biggest Losers
Allegion PLC -3.87%
 
Electronic Arts Inc -3.63%
 
International Flavors & Fragrances Inc -2.95%
 
Alaska Air Group Inc -2.65%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $56.04 -0.05 / -0.09%
Gold $1,344.30 -0.50 / -0.04%
10-yr 2.65% -0.02
Euro $1.13 +0.00 / +0.26%
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