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A real blow for pension plans, major holders of stocks
The ANTI-CAPITALIST Party.
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Wall Street defends buybacks from Sanders, Schumer attack: 'Good companies buy back their shares'Wall Street is countering Senate liberals Schumer and Sanders after they said they'll seek legislation limiting buybacks. No, they manipulate the market Maybe someone should ask these companies why they don't buyback their shares when they are low such as in 2009! buyback $spy Or invest capital in resources for expansion. It just depends on the executive managements goals
Source: CNBC - 🏆 12. / 72 Read more »
Companies spent 140 times more on stock buybacks than wages and Americans should be 'outraged,' say Sanders, SchumerCompanies spent 140 times more on stock buybacks than wages and Americans should be 'outraged' say Sanders, Schumer Since the media, oddly, doesn't give a crap, I'd say they're right. Maybe you clowns won't take it seriously (see layoffs) until your pay drops, and it'll be poor us all over again.
Source: Newsweek - 🏆 468. / 52 Read more »
The Sanders-Schumer proposal to limit buybacks could be a very big negative for the stock marketA Democratic proposal that would limit stock buybacks takes dead aim at one of the market's main pillars of support for the past decade. Who benefits from stock buybacks? Hi, I am Asif. I can convert any JPG file to PDF & WORD Check it out!! contact: Inbox me or What on Earth makes you think this will pass? It's almost as if the media forgot that the GOP kept control of the Senate.
Source: CNBC - 🏆 12. / 72 Read more »
Bernie Sanders Wants to Limit Stock Buybacks. Here Are 5 Stocks That Could Get Hurt.Senators Bernie Sanders and Chuck Schumer suggest that companies must meet standards on wages and benefits before being allowed to buy back stock. Several companies would need to curb stock buybacks under the plan. barronsonline There is no place for Bernie in our markets or government. Even low life Schumer stood up for no socialism. barronsonline His got to be elected president or the Democrats get a majority in the senate ..... first one = never, second = maybe 2years barronsonline Why do the socialists (formerly known as democrats) think they have any right to tell people what they can and can’t do with their money? The socialists only other idea is to flat out steal other people’s money.
Source: MarketWatch - 🏆 3. / 97 Read more »