By Jon Jeter “Weeks after he was sworn in as president, Donald Trump met with Harley-Davidson executives and union representatives at the White House, to win support for his tax-plan proposal.”… [Click HERE to read the full article]
AIR IMPACT
Recognition of AIR research, opinions, and people in the media and elsewhere
Sorry, Warren Buffett, buybacks aren’t that simple
By Joe Nocera “So Warren Buffett is “delighted” that Apple Inc. has decided to buy back $100 billion worth of its own stock. And really, why wouldn’t he be?”… [Click HERE to read the full article]
Apple to buy back US$100b in stock; dividend increased %16
Anonymus “SINCE Apple said in January that it would bring back most of the US$252 billion it held abroad under the new tax law, investors have wondered what the company would do with the enormous cash pile. On Tuesday, those…
Big 4 US banks driving lion’s share of industry buybacks
By Brian Cheung and Venkatesh Iyer “The Big Four U.S. banks have fueled a stock buyback frenzy in recent years, despite facing the tightest regulatory capital constraints in the industry. Regulators and lawmakers are now considering loosening some of these…
The vapid defense of share buybacks
By Harold Meyerson “This past Sunday, with the share buybacks of American corporations at an all-time high, The Washington Post business section ran a major piece documenting buybacks’ rise and giving the arguments for and against the practice. And the arguments for, I’m compelled to…
Trump’s reversal on Trans-Pacific Partnership ca be explained by a current art show and a new book
By Charles Mudede “The Washington Post reports that Donald Trump now wants the US to rejoin the Trans-Pacific Partnership, a “multination trade agreement he pulled the United States out of shortly after taking office.” It’s often said that Trump’s presidential run was…
Stop GE from goosing CEO pay through share buybacks
By James McRitchie “According to last year’s proxy statement, a substantial proportion of executive compensation for 2016 was based on performance targets, including earnings per share (EPS). We support performance metrics that align senior executive pay with long-term sustainable growth. However,…
Why it’s raining share buybacks on Wall Street
By Steve Denning “The Economist has called them “an addiction to corporate cocaine.” Reuters has called them “self-cannibalization.” The Financial Times has called them “an overwhelming conflict of interest.” In an article that won the HBR McKinsey Award for the best article of the year, Harvard…
Corporate stock buybacks are booming, thanks to the Republican tax cuts
By Emily Stewart “Right after Republicans in Congress passed their tax bill, lowering tax rates on corporations, companies delivered a very public thank-you: a series of bonus and investment announcements. It was a major PR opportunity for both corporate America and the GOP, meant to show…
U.S. Senator Tammy Baldwin introduces legislation to rein in buybacks and give workers a seat at the table
By the Press Releases of U.S Senator Tammy Baldwin “Today, U.S. Senator Tammy Baldwin introduced legislation to rein in corporate America’s addiction to stock buybacks by giving workers a say in how their company’s profits are spent. The Reward Work…
