Tuesday, November 5, 2013

Earnings boost from buybacks gets scrutiny - Buy your own garbage if no one else is !

Earnings boost from buybacks gets scrutiny: ""Oracle would have lower EPS by 8.9 percent today while Direct TV would be 46.9 percent lower," had it not bought back its stock. Wynn's $3.14 per share earnings would 23 percent lower, and Motorola would be 17 percent lower, if it had not reduced shares outstanding from 323.6 million to 265.3 million."

'via Blog this'

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