Most S&P 500 firms repurchase some shares though 10 firms made up 31% of all buybacks in 2018, Goldman has calculated. Apple has spent $74bn on share buybacks, 2.5 times more than it spent on Capex + R&D. Overall buyback …
by WARREN MOSLER Chinese state company defaults offshore, first time in 20 years (FT) A Chinese state-owned enterprise from the country’s remote north-west has failed to repay a US dollar bond in Hong Kong, the first offshore default in 20 years and the …
via Luke Kawa The biggest use of cash among S&P 500 companies is making their public footprints smaller — a strategy that’s paid dividends in 2018. According to Goldman Sachs, aggregate share repurchases (or buybacks) rose by nearly 50 percent to …
h/t @SoberLook $AAPL propping up the market pic.twitter.com/Z5H3ZjtNN3 — Alastair (@StockBoardAsset) August 2, 2018