Authorizes Buyback of Up to One Million Shares On Tuesday, August 16, Comfort Systems USA, Inc. (NYSE:FIX) announced that its board of directors has approved an amendment to its existing stock repurchase program. The amendment would increase the shares authorized.
Issues Buy Ratings on ACC and EDR Many real estate investment trusts (REITs) offer solid returns to income investors. And according to Canaccord Genuity, there is one type of REIT that stands out: student housing REITs. Ryan Meliker and Michael.
Berkshire Hathaway Raises Apple Stake to $1.5 Billion Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) increased its bets on some of the dividend-paying stocks, including Apple Inc. and refiner Phillips 66, while cutting its exposure in Wal-Mart Stores and farm machinery.
Issues “Buy” Ratings for Both Partnerships In today’s stock market, few companies get a second chance. However, Plains All American Pipeline, L.P. (NYSE:PAA) and Plains GP Holdings LP (NYSE:PAGP) could be exceptions. On Tuesday, August 16, Citigroup Inc (NYSE:C) analysts.
New Stock Buyback Program Won’t Affect Pinnacle’s Debt Leverage Profile On Monday August 15, Pinnacle Entertainment Inc. (NASDAQ:PNK) announced that its board of directors has approved a new $50.0 million share repurchase program. The company plans to fund the stock.
Report: Teacher Pay Gap Widens Recent findings from the Economic Policy Institute suggest that U.S. teachers have suffered greater income losses than other workers elsewhere in the economy. The report looked at wages across a 21-year period. In 1994, teachers.
A Bad Sign for Stocks? In an ominous sign for equities, U.S. companies appear to be buying back fewer shares than they have over the last four years. Share buybacks announced for the second quarter fell to their lowest point.
Rate Hike in September Still a Possibility U.S. bond prices declined after Federal Reserve officials cautioned the market that a September interest rate hike is still a possibility. The Federal Reserve may raise interest rates as soon as next month,.
Housing Starts Up 2.1% Obtaining a building permit is one of the first steps in constructing a new building. Therefore, the number of building permits can be a great gauge of future construction activity. On Tuesday, August 16, the U.S..
Board Approves $300 Million in New Purchase Buffalo Wild Wings, Inc. (NASDAQ:BWLD), announced today that its board of directors approved an increase to its share buyback program for an additional $300 million of the company’s common stock. According to the.