China's Meituan Launches $1 Billion Share Buyback Program More Reuters Wang Xing, CEO of Meituan-Dianping attends at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo (Reuters) - Chinese food delivery giant Meituan ...
Alphabet revenue for the quarter ended March 31 grew year-over-year (YoY) to $90.32 billion, beating Wall Street forecast of $89.1 billion polled by Bloomberg. The diluted earnings per share (EPS) for the quarter soared 49% YoY to $2.81, smashing analysts’ estimates of $2.01. Opera...
As with past bond sales, it's likely that Apple will use the money to help fund its capital reinvestment program, which includes a quarterly dividend to shareholders, as well as a share buyback effort. Apple's latest bond offering comes after the company disclosed it had a massiv...
Apple snapped out of a recent iPhone sales slump during its summer quarter, an early sign that its recent efforts to revive demand for its marquee product with an infusion of artificial intelligence are paying off.Sales of the iPhone totaled $46.22 billion for the July-September per...
Apple set records with its $16 billion worth of share buybacks in the June quarter. It could exceed those in the current September quarter. In fact, if it hasn't already it may have forever missed the opportunity to buy its own shares for so little, squandering the value ...
Google Finance values Apple at closer to the $810 billion mark today, but the tool appears to be overcounting the company's number of outstanding shares, which totaled 5,225,791,000 as of last quarter. Apple's outstanding shares have declined as the company continues its share buyback progr...
s shares to “neutral” from “buy,” arguing the company is stuck in a “slowdown phase.” And Loop Capital analyst Ananda Baruahloweredhis rating to “hold” from “buy” as well, noting that Apple’s current revenue guidance is at risk if iPhone sales don’t rise throughout the year...
Alibaba said it's board of directors approved an increase of US$25 billion to its share repurchase program in the next three fiscal years. The new buyback suggests more than three-fold increase for the current plan, bringing the total available under the plan through March 2027 to US$35.3 ...
UAE Confirms It Inked $23 Billion Deal to Buy F-35 Jets, Drones From U.S. More WASHINGTON (Reuters) - The United Arab Emirates confirmed that it signed agreements with the United States on former President Donald Trump's last full day in office to purchase up to 50 F-...
Apple said it has spent 27 billion dollars on share buybacks and dividends during the second quarter, and it will set aside 75 billion dollars for share repurchases. Apple no longer provides specific unit sales numbers of iPhone, iPad and Mac devices in its financial report, as it announced...