Carmakers Are Drowning in Cash

[ad_1] Most carmakers are ending the year with lots of cash and lots of worries. Share buybacks are an antidepressant, not a cure, but they are better than nothing. It…

Legal Hurdles Stack Up for Gensler’s SEC

[ad_1] Dec. 12, 2023 12:39 pm ET WASHINGTON—Gary Gensler is facing a growing number of legal challenges as the Securities and Exchange Commission chair moves forward with wide-reaching efforts to…

An Aggressive Style of Share Buyback Is Having a Moment

[ad_1] In a cooling market for share buybacks, $10 billion commitments from both carmaker General Motors and aerospace-and-defense giant RTX stand out for their irreversibility as well as their headline…

WSJ News Exclusive | Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback

[ad_1] Updated Dec. 10, 2023 12:38 pm ET Cigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry.…

Opinion | Will GM Shareholders Survive the EV Meltdown?

[ad_1] Opinion | Will GM Shareholders Survive the EV Meltdown?  The Wall Street Journal [ad_2] Source link

GM’s $10 Billion Apology

[ad_1] Nov. 29, 2023 12:58 pm ET General Motors’ much-trumpeted technology bets haven’t worked out well lately. Ironically, that is one reason it can afford to score an easy goal…

GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors

[ad_1] Updated Nov. 29, 2023 9:41 am ET General Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health…

GM Plans $10 Billion Share Repurchase in Bid to Assuage Investors

[ad_1] Updated Nov. 29, 2023 6:51 am ET General Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health…

Meituan Plans Share Buyback Valued at Up to $1.0 Billion

[ad_1] Meituan, a China-based shopping-and-delivery platform, plans to buy back its shares valued up to $1.0 billion, a day after announcing solid third-quarter results. The company said shares will be…

Stellantis Repurchases $1.02 Bln Shares From Dongfeng Motor

[ad_1] Stellantis has bought back 50 million common shares from Dongfeng Motor International valued at 934 million euros ($1.02 billion). The maker of Jeep, Dodge and a dozen other brands…