(Bloomberg) — Prosus NV plans to buy back a combined $5 billion of shares in itself and its South African parent Naspers Ltd. in a move designed to boost shareholder value and narrow a discount between the e-commerce giant and its stake in Tencent Holdings Ltd.The group will aim to pick up $1.37 billion of […]

(Bloomberg) — Soured investments, a forecast record loss and a rating cut are not turning SoftBank Group Corp. analysts and investors into bears on the stock.That’s because they believe a massive $23 billion share buyback plan will buoy SoftBank’s shares for months to come, more than offsetting the hit from the Vision Fund’s write-downs.Masayoshi Son’s […]

Only America has more guns than people. Follow the lead of moms demanding action and students marching for their lives, writes candidate Beto O’Rourke

Critics denounce the policy as tantamount to gun confiscation.

Johnson & Johnson said on Monday it plans to buy back up to $5 billion of its stock, after a Reuters report on Friday that the company knew for decades that its Baby Powder contained cancer-causing asbestos wiped about $40 billion from its market value. J&J knew about the presence of small amounts of asbestos […]

BHP will issue a special dividend for shareholders after selling its US shale assets, the miner said Monday as it completed a US$7.3 billion stock buyback. The world’s biggest miner recently sold its US shale oil and gas operations to British giant BP for US$10.5 billion, and said it would return the funds to shareholders. […]

Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday.

Cisco Systems Inc reported its first rise in quarterly revenue in more than two years, which also topped analysts’ estimates, as the network gear maker’s years-long efforts to transition to a software-focused …