Archive for Tag: stock market news today

Microsoft Gains on $60 Billion Buyback, Higher Quarterly Dividend

Microsoft (NASDAQ:MSFT) is trading up 0.94% at 299.79 Microsoft stock (NASDAQ:MSFT)traded 1.5% higher Wednesday as the company announced a $60 billion share buyback and a higher quarterly dividend. The new share repurchase program, which has no expiration date, may be terminated at any time, the $2.25 trillion company said....

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Boeing Weaker as Ryanair Ends Talks for 737 Max10 Jets Order

Boeing (NYSE:BA) is trading down 1.20% at 218.17 Boeing stock (NYSE:BA) traded lower by 0.4% in Tuesday’s premarket after European budget airline Ryanair ended talks for a major order. Ryanair (LON:RYA) stock, which had risen on the news on Monday, traded 0.1% higher in London. Ryanair said on Monday...

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Volkswagen expects chips shortage to ease in Q3

Volkswagen (DE:VOWG) is trading up 0.03% at 367.80 Volkswagen (DE:VOWG)expects a shortage in semiconductor supply to ease in the third quarter but sees the bottlenecks continuing in the long-term, a board member told Handelsblatt newspaper. “At the moment we have reached the lowest point. We are facing the toughest...

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Marks & Spencer shares surge in otherwise sluggish London market

London stocks were generally lower on Wednesday, with heavily weighted HSBC dragging the index lower, along with British Land, though Marks & Spencer was a bright spot after well-received results. The FTSE 100 index dipped 0.1% to 7,019.67, while the yield on 10-year U.K. gilts fell 3 basis points...

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Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by assets unlocked $2.7 billion from...

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