Make Passengers Safer? Boeing Just Made Shareholders Richer.

Our research, based on publicly available information, strongly suggests that the dedication of Boeing’s senior executives to increasing their company’s profits and stock yield—which also augmented their own compensation—resulted in management decisions that contributed to the two 737 MAX crashes. While much more information remains to be discovered, the reported evidence, still unfolding almost daily,…

Stocks: Too Many Companies Are Paying Too Much for Buybacks | Fortune

You know the rule: Buy low, sell high. Public companies, it seems, haven’t learned this basic investing lesson. They’re buying back more of their own shares than ever before: In 2018, on the heels of tax reform, the amount of buybacks surpassed $1 trillion in a year for the first time ever. While the amount…

Study: Buybacks Do Not Impede Long-term Growth [But…..]

A new study purports to show that stock buybacks do not impede long-term growth. Ira Kay and Blaine Martin conclude: Contrary to the common assertion that share buybacks damage long-term growth and investment, we found that companies conducting larger share buybacks (-12.8% change in common shares outstanding over four years) showed higher TSR, higher CapEx growth,…

Marco Rubio rolls out his own plan to limit stock buybacks – MarketWatch

Sen. Marco Rubio on Tuesday is rolling out his own plan to thwart stock buybacks, aligning with Democratic rivals who have recently condemned corporate stock repurchases as a source of the widening gap between average Americans and the wealthy. The Florida Republican and former presidential candidate, according to CNBC, would reduce the incentives for buybacks…

A Capitalist’s Solution to the Problem of Excessive Buybacks

VEA Vice Chair Nell Minow wrote about buybacks on the Harvard Law Forum on Corporate Governance and Financial Regulation:   We may not need a government solution to the issue of excessive corporate stock buybacks. We most certainly do not need the solution proposed by Senators Chuck Schumer and Bernie Sanders, requiring companies to adopt minimum…

VEA Vice Chair Nell Minow on Motley Fool Money — The Motley Fool

VEA Vice Chair Nell Minow appeared on the Motley Fool Money podcast to talk about stock buybacks and Amazon. Amazon rebuffs the Big Apple. Coke fizzles while Pepsi sparkles. And NVIDIA stops the bleeding. Analysts Andy Cross, Ron Gross, and Jason Moser discuss those stories and talk Activision Blizzard, Shopify, Restaurant Brands International, and UnderArmour….