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Stock impact report

Corporate America gives out a record $1 trillion in stock buybacks [MSN Money]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: MSN Money
© ANGELA WEISS/AFP/Getty Images People walk past a Christmas tree at the New York Stock Exchange on November 30, 2018 in New York City. - Wall Street finished a banner week on a positive note, borne higher by optimism about US-China trade talks while Microsoft overtook Apple in market value. Major US indices all finished the session solidly higher to cap a strong week. The S Corporate America celebrated the first full year under the new tax law by rolling out a record-setting $1 trillion of stock buybacks. Load Error US companies, led by Lowe's ( LOW ) and AbbVie ( ABBV ), rewarded shareholders by unveiling $34.4 billion in buybacks last week, according to TrimTabs Investment Research. That lifted repurchase announcements above $1 trillion for the first time ever, TrimTabs said, exceeding the prior record of $781 billion set in 2015. And the trend continued on Monday. Johnson & Johnson ( JNJ ), mired in a controversy over its iconic baby powder product, Show less Read more
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