LIVE MARKETS-Buybacks looking strong so far this earnings season

Reuters
02-22
LIVE MARKETS-Buybacks looking strong so far this earnings season

All three major US stock indexes down more than 1%

Cons Disc weakest S&P sector; Staples sole gainer

Dollar up; gold ~flat; bitcoin down >1%; crude down >2.5%

US 10-Year Treasury yield slides to ~4.42%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

BUYBACKS LOOKING STRONG SO FAR THIS EARNINGS SEASON

Stock buybacks this U.S. earnings season have been impressively high, according to Winston Chua, analyst at EPFR.

The daily average amount throughout the past five weeks is $9.2 billion, currently the third-highest on record dating back to 2006, he wrote in a note this week.

"Buybacks have only twice ended an earnings season averaging above $9 billion," he noted.

Nine companies have announced at least $10 billion in buybacks and have accounted for 57% of the overall total, he wrote.

Leading that list are Citigroup C.N, with $20 billion; Netflix NFLX.O, with $15 billion; PayPal PYPL.O, with $15 billion; and Eli Lilly LLY.N, also with $15 billion, he wrote.

(Caroline Valetkevitch)

*****

FOR FRIDAY'S EARLIER LIVE MARKETS POSTS:

INDIVIDUAL INVESTOR PESSIMISM PULLS BACK - AAII - CLICK HERE

WITH SO MUCH DOUBT, A RISK-OFF STANCE MAY HELP - CLICK HERE

CHINA TECH REBOUND NOT QUITE ENOUGH TO CHASE THE BEARS AWAY - CLICK HERE

THE COMING STORM: FLASH PMI, HOME SALES, UMICH - CLICK HERE

U.S. STOCKS DIP, WITH TRANSPORTS DOWN MORE THAN 2% - CLICK HERE

BENCHMARK TREASURY YIELD: STILL STUCK IN THE WEEDS - CLICK HERE

"CELTIC TIGER" LEAPS TO NEW RECORD HIGH - CLICK HERE

DON'T READ TOO MUCH INTO UK RETAIL SALES, ECONOMISTS SAY - CLICK HERE

BUNDS PULLED IN OPPOSITE DIRECTIONS - CLICK HERE

TARIFF RISK UNDERPRICED, AGAIN - CLICK HERE

STOXX 600 FIRMER AS CHEMICALS AND BEVERAGES LIFT INDEX - CLICK HERE

EUROPE BEFORE THE BELL: MODEST OPEN AWAITS, STOXX TO STAY AT RECORD - CLICK HERE

PMIS IN THE SPOTLIGHT AHEAD OF WEEKEND GERMAN ELECTIONS - CLICK HERE

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10