10 companies buying their own stock
Already this year, U.S. companies have announced plans to snap up more than $210 million worth of their own shares, which usually means higher stock prices. Here are the 10 biggest buybacks so far.
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[BRIEFING.COM] Recent action saw the S&P 500 slide from its rebound high as influential sectors remain mixed. Energy (+0.1%) and financials (unch) have provided a measure of support to the broader market, but the underperformance of the largest sector, technology (-0.4%), presents a headwind to the broader market.
Elsewhere, the third-largest sector, health care (-0.5%), is also among the laggards. Interestingly, the sector hovers in the red even as biotechnology outperforms. The ... More
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