News Formal

U.S. buybacks seen at record highs ahead of earnings reports

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors worry about the growing threat of inflation, a potential recession and stagnant share prices.

"I don't think these are one-offs. I think you're going to see more companies perhaps slow down their buyback process and be more like they were in early 2020, thinking, 'how much cash do I need on my balance sheet to weather this particular storm if in fact we go into a recession'," predicted Art Hogan, chief market strategist at National Securities in New York.

EPFR, Informa Financial Intelligence analyst Winston Chua, who tracks new buyback announcements, said that - at least for now - companies appear to be aggressively repurchasing their shares. New buybacks announced in March reached about $74 billion, compared to $54 billion in March 2021, Chua said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Oil executive testimony, Fed minutes, Levi Strauss earnings top week aheadFOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »