Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts_老虎社区_美港股上老虎

Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts

Market Wacth2021-05-07

It’s felt like a nonstop barrage of buybacks. April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...

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Nson90
·2021-05-07
Ok
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Booooooooooo
·2021-05-07
Great news
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Ak91
·2021-05-07
Like n comment pls
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- xiaos:
  done
  2021-05-07
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Pjun
·2021-05-07
Good or bad?
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- Jlenglui:
  [Smile]
  2021-05-07
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- Pjun:
  good
  2021-05-08
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- Ireneccw:
  good
  2021-05-09
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查看更多 1 条评论
Niki2307
·2021-05-07
[Smile] [Smile] [Smile]
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SC_stock
·2021-05-07
Like and comments thanks
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- Ak91:
  Ok
  2021-05-07
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- JY00:
  Ok
  2021-05-07
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JY00
·2021-05-07
Like and comment pls ...
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- Styr:
  .
  2021-05-07
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- JY00:
  Thanks! Ha
  2021-05-07
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- SC_stock:
  Help thanks
  2021-05-07
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BabySim
·2021-05-07
Comment
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- MamaLee:
  Ok
  2021-05-07
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- SC_stock:
  Thanks
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MamaLee
·2021-05-07
Comment
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- Mib1515:
  Ty
  2021-05-07
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- BabySim:
  $
  2021-05-07
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- Mib1515回复BabySim:
  Nice
  2021-05-07
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JaniceHong
·2021-05-07
Nice
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KuehBulu
·2021-05-07
Nice
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- MamaLee:
  Nice
  2021-05-07
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Didilai
·2021-05-07
Share price up further
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- Jojofi:
  Great
  2021-05-07
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- Didilai:
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kawa86
·2021-05-07
will it push shares price up??pls like & comment
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- KuehBulu:
  nice
  2021-05-07
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Neil19
·2021-05-07
Wow
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BBBBBBBBBB
·2021-05-07
Like and comment pls
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- kawa86:
  like
  2021-05-07
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ahswee
·2021-05-07
Like and comment thanks!
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- koolgal:
  Completed
  2021-05-07
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IamBolt
·2021-05-07
Like and comment
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Lailailai
·2021-05-07
Ok
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- Xiaolongbao:
  Can help reply?
  2021-05-07
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- Lailailai:
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  2021-05-07
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- Lailailai:
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  2021-05-08
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It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":104895443,"gmtCreate":1620371283282,"gmtModify":1634205698436,"author":{"id":"3569723878195261","authorId":"3569723878195261","name":"Nson90","avatar":"https://static.tigerbbs.com/89f13c75b46e07fc40a7f7a5489b91c9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569723878195261","authorIdStr":"3569723878195261"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104895443","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104160397,"gmtCreate":1620364091619,"gmtModify":1634205737232,"author":{"id":"3581484916070591","authorId":"3581484916070591","name":"Booooooooooo","avatar":"https://static.tigerbbs.com/77192e7418cc5ae69f989ac4732ad2cb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581484916070591","authorIdStr":"3581484916070591"},"htmlText":"Great news","listText":"Great news","text":"Great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104160397","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104198187,"gmtCreate":1620361267949,"gmtModify":1634205764524,"author":{"id":"3573276404004652","authorId":"3573276404004652","name":"Ak91","avatar":"https://static.tigerbbs.com/0578c6f4e6345562f2d636b87cc2b9fd","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573276404004652","authorIdStr":"3573276404004652"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/104198187","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4250398,"gmtCreate":1620363862625,"gmtModify":1635501317749,"authorId":3573536365951032,"author":{"id":3573536365951032,"idStr":"3573536365951032","authorId":3573536365951032,"name":"xiaos","avatar":"https://static.tigerbbs.com/ab58f11ff00b40ec90e537bed4a1ee02","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104198187,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"},{"id":104191193,"gmtCreate":1620361208212,"gmtModify":1634205765458,"author":{"id":"3568112587764186","authorId":"3568112587764186","name":"Pjun","avatar":"https://static.tigerbbs.com/8cfe0a02203e702b7aae055eaa9823be","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3568112587764186","authorIdStr":"3568112587764186"},"htmlText":"Good or bad?","listText":"Good or bad?","text":"Good or bad?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/104191193","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4250732,"gmtCreate":1620366899831,"gmtModify":1635501292674,"authorId":3579491276699992,"author":{"id":3579491276699992,"idStr":"3579491276699992","authorId":3579491276699992,"name":"Jlenglui","avatar":"https://static.tigerbbs.com/dbbf978ba7471629b0f6a72b1497fce4","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104191193,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"},{"id":4261546,"gmtCreate":1620453356699,"gmtModify":1635500467040,"authorId":3568112587764186,"author":{"id":3568112587764186,"idStr":"3568112587764186","authorId":3568112587764186,"name":"Pjun","avatar":"https://static.tigerbbs.com/8cfe0a02203e702b7aae055eaa9823be","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104191193,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"},{"id":4269292,"gmtCreate":1620540708758,"gmtModify":1635499796269,"authorId":3581848819650492,"author":{"id":3581848819650492,"idStr":"3581848819650492","authorId":3581848819650492,"name":"Ireneccw","avatar":"https://static.tigerbbs.com/3fecf2432b3116f2857d8c1407ae1c6c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104191193,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"},{"id":4281594,"gmtCreate":1620655485571,"gmtModify":1635498773325,"authorId":3581848819650492,"author":{"id":3581848819650492,"idStr":"3581848819650492","authorId":3581848819650492,"name":"Ireneccw","avatar":"https://static.tigerbbs.com/3fecf2432b3116f2857d8c1407ae1c6c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104191193,"type":1,"supId":4261546,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":104107948,"gmtCreate":1620361092984,"gmtModify":1634205768369,"author":{"id":"3575688888451618","authorId":"3575688888451618","name":"Niki2307","avatar":"https://static.tigerbbs.com/76a9bfe7f6ca2e96a15f98f0d050e22c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575688888451618","authorIdStr":"3575688888451618"},"htmlText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104107948","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104375892,"gmtCreate":1620360384416,"gmtModify":1634205773371,"author":{"id":"3581853307661587","authorId":"3581853307661587","name":"SC_stock","avatar":"https://static.tigerbbs.com/6ed66f31eef2c2bf0ffa59e556be6975","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581853307661587","authorIdStr":"3581853307661587"},"htmlText":"Like and comments thanks","listText":"Like and comments thanks","text":"Like and comments thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104375892","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249998,"gmtCreate":1620361255798,"gmtModify":1635501352159,"authorId":3573276404004652,"author":{"id":3573276404004652,"idStr":"3573276404004652","authorId":3573276404004652,"name":"Ak91","avatar":"https://static.tigerbbs.com/0578c6f4e6345562f2d636b87cc2b9fd","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104375892,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4251399,"gmtCreate":1620374518072,"gmtModify":1635501246519,"authorId":3581568450429470,"author":{"id":3581568450429470,"idStr":"3581568450429470","authorId":3581568450429470,"name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104375892,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":104347496,"gmtCreate":1620359760615,"gmtModify":1634205776553,"author":{"id":"3581568450429470","authorId":"3581568450429470","name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581568450429470","authorIdStr":"3581568450429470"},"htmlText":"Like and comment pls ...&nbsp;","listText":"Like and comment pls ...&nbsp;","text":"Like and comment pls ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/104347496","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249845,"gmtCreate":1620360122165,"gmtModify":1635501362763,"authorId":3574670215192523,"author":{"id":3574670215192523,"idStr":"3574670215192523","authorId":3574670215192523,"name":"Styr","avatar":"https://static.tigerbbs.com/6a87ebf1d077d401ae90ed06773423c3","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104347496,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."},{"id":4249860,"gmtCreate":1620360209113,"gmtModify":1635501361456,"authorId":3581568450429470,"author":{"id":3581568450429470,"idStr":"3581568450429470","authorId":3581568450429470,"name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104347496,"type":1,"supId":0,"prevId":0,"content":"Thanks!  Ha","text":"Thanks!  Ha","html":"Thanks!  Ha"},{"id":4249879,"gmtCreate":1620360396534,"gmtModify":1635501359761,"authorId":3581853307661587,"author":{"id":3581853307661587,"idStr":"3581853307661587","authorId":3581853307661587,"name":"SC_stock","avatar":"https://static.tigerbbs.com/6ed66f31eef2c2bf0ffa59e556be6975","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104347496,"type":1,"supId":0,"prevId":0,"content":"Help thanks","text":"Help thanks","html":"Help thanks"}],"langContent":"EN"},{"id":104340636,"gmtCreate":1620358904825,"gmtModify":1634205782106,"author":{"id":"3579673211261157","authorId":"3579673211261157","name":"BabySim","avatar":"https://static.tigerbbs.com/5c6f0cd54fab9f24929e66e54e08e3aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579673211261157","authorIdStr":"3579673211261157"},"htmlText":"Comment&nbsp;","listText":"Comment&nbsp;","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104340636","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249684,"gmtCreate":1620358999515,"gmtModify":1635501376312,"authorId":3579998898288031,"author":{"id":3579998898288031,"idStr":"3579998898288031","authorId":3579998898288031,"name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104340636,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4249881,"gmtCreate":1620360408190,"gmtModify":1635501359543,"authorId":3581853307661587,"author":{"id":3581853307661587,"idStr":"3581853307661587","authorId":3581853307661587,"name":"SC_stock","avatar":"https://static.tigerbbs.com/6ed66f31eef2c2bf0ffa59e556be6975","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104340636,"type":1,"supId":0,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"}],"langContent":"EN"},{"id":104354288,"gmtCreate":1620358681444,"gmtModify":1634205783437,"author":{"id":"3579998898288031","authorId":"3579998898288031","name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3579998898288031","authorIdStr":"3579998898288031"},"htmlText":"Comment&nbsp;","listText":"Comment&nbsp;","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/104354288","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249657,"gmtCreate":1620358807333,"gmtModify":1635501378600,"authorId":3579210010472476,"author":{"id":3579210010472476,"idStr":"3579210010472476","authorId":3579210010472476,"name":"Mib1515","avatar":"https://static.tigerbbs.com/c0b85730abdbda4c69ac70cb9d1f58cb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104354288,"type":1,"supId":0,"prevId":0,"content":"Ty","text":"Ty","html":"Ty"},{"id":4249674,"gmtCreate":1620358917918,"gmtModify":1635501377282,"authorId":3579673211261157,"author":{"id":3579673211261157,"idStr":"3579673211261157","authorId":3579673211261157,"name":"BabySim","avatar":"https://static.tigerbbs.com/5c6f0cd54fab9f24929e66e54e08e3aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104354288,"type":1,"supId":4249657,"prevId":0,"content":"$","text":"$","html":"$"},{"id":4249692,"gmtCreate":1620359058123,"gmtModify":1635501375443,"authorId":3579210010472476,"author":{"id":3579210010472476,"idStr":"3579210010472476","authorId":3579210010472476,"name":"Mib1515","avatar":"https://static.tigerbbs.com/c0b85730abdbda4c69ac70cb9d1f58cb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3579673211261157,"repliedAuthor":{"id":3579673211261157,"idStr":"3579673211261157","authorId":3579673211261157,"name":"BabySim","avatar":"https://static.tigerbbs.com/5c6f0cd54fab9f24929e66e54e08e3aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":104354288,"type":1,"supId":4249657,"prevId":4249674,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":104355341,"gmtCreate":1620358621383,"gmtModify":1634205784605,"author":{"id":"3583372721034696","authorId":"3583372721034696","name":"JaniceHong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583372721034696","authorIdStr":"3583372721034696"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104355341","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104358056,"gmtCreate":1620358366175,"gmtModify":1634205786735,"author":{"id":"3575830079167965","authorId":"3575830079167965","name":"KuehBulu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3575830079167965","authorIdStr":"3575830079167965"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/104358056","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249645,"gmtCreate":1620358689360,"gmtModify":1635501379577,"authorId":3579998898288031,"author":{"id":3579998898288031,"idStr":"3579998898288031","authorId":3579998898288031,"name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104358056,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":104353118,"gmtCreate":1620358215534,"gmtModify":1634205787906,"author":{"id":"3579091077947115","authorId":"3579091077947115","name":"Didilai","avatar":"https://static.tigerbbs.com/7c36c3a0e5eed09ce50765877a8f373c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579091077947115","authorIdStr":"3579091077947115"},"htmlText":"Share price up further","listText":"Share price up further","text":"Share price up further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104353118","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249562,"gmtCreate":1620358231836,"gmtModify":1635501386625,"authorId":3574911895867822,"author":{"id":3574911895867822,"idStr":"3574911895867822","authorId":3574911895867822,"name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104353118,"type":1,"supId":0,"prevId":0,"content":"Great","text":"Great","html":"Great"},{"id":4249565,"gmtCreate":1620358244208,"gmtModify":1635501386403,"authorId":3579091077947115,"author":{"id":3579091077947115,"idStr":"3579091077947115","authorId":3579091077947115,"name":"Didilai","avatar":"https://static.tigerbbs.com/7c36c3a0e5eed09ce50765877a8f373c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104353118,"type":1,"supId":4249562,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"}],"langContent":"EN"},{"id":104328628,"gmtCreate":1620357503264,"gmtModify":1634205791649,"author":{"id":"3577278649305758","authorId":"3577278649305758","name":"kawa86","avatar":"https://static.tigerbbs.com/cb30220b2a555e9c653be64d2421ff9c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577278649305758","authorIdStr":"3577278649305758"},"htmlText":"will it push shares price up??pls like &amp; comment&nbsp;","listText":"will it push shares price up??pls like &amp; comment&nbsp;","text":"will it push shares price up??pls like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/104328628","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249581,"gmtCreate":1620358380849,"gmtModify":1635501385064,"authorId":3575830079167965,"author":{"id":3575830079167965,"idStr":"3575830079167965","authorId":3575830079167965,"name":"KuehBulu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104328628,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":104367275,"gmtCreate":1620357115497,"gmtModify":1634205794488,"author":{"id":"3573100379627130","authorId":"3573100379627130","name":"Neil19","avatar":"https://static.tigerbbs.com/663393061a566a28f62248b052242d29","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573100379627130","authorIdStr":"3573100379627130"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104367275","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104365736,"gmtCreate":1620356937725,"gmtModify":1634205795794,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581562365927542","authorIdStr":"3581562365927542"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/104365736","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249483,"gmtCreate":1620357510795,"gmtModify":1635501392349,"authorId":3577278649305758,"author":{"id":3577278649305758,"idStr":"3577278649305758","authorId":3577278649305758,"name":"kawa86","avatar":"https://static.tigerbbs.com/cb30220b2a555e9c653be64d2421ff9c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104365736,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":104369239,"gmtCreate":1620356354021,"gmtModify":1634205799765,"author":{"id":"3569301571685332","authorId":"3569301571685332","name":"ahswee","avatar":"https://static.tigerbbs.com/9df9d1562760402e99c23de8c7a82773","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569301571685332","authorIdStr":"3569301571685332"},"htmlText":"Like and comment thanks!","listText":"Like and comment thanks!","text":"Like and comment thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/104369239","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249366,"gmtCreate":1620356569208,"gmtModify":1635501402712,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104369239,"type":1,"supId":0,"prevId":0,"content":"<u>Completed</u>","text":"<u>Completed</u>","html":"<u>Completed</u>"}],"langContent":"EN"},{"id":104387359,"gmtCreate":1620356188471,"gmtModify":1634205801638,"author":{"id":"3577616645019427","authorId":"3577616645019427","name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577616645019427","authorIdStr":"3577616645019427"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104387359","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249305,"gmtCreate":1620356197836,"gmtModify":1635501407953,"authorId":3577616645019427,"author":{"id":3577616645019427,"idStr":"3577616645019427","authorId":3577616645019427,"name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104387359,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":4249307,"gmtCreate":1620356204480,"gmtModify":1635501407844,"authorId":3577616645019427,"author":{"id":3577616645019427,"idStr":"3577616645019427","authorId":3577616645019427,"name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104387359,"type":1,"supId":4249305,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":104382762,"gmtCreate":1620355991856,"gmtModify":1634205802704,"author":{"id":"3571302514057319","authorId":"3571302514057319","name":"Lailailai","avatar":"https://static.tigerbbs.com/c27cb3580fc538fd97b8bb476e98995b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571302514057319","authorIdStr":"3571302514057319"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/104382762","repostId":1114369794,"repostType":4,"repost":{"id":"1114369794","kind":"news","pubTimestamp":1620355711,"share":"https://www.laohu8.com/m/news/1114369794?lang=&edition=full","pubTime":"2021-05-07 10:48","market":"us","language":"en","title":"Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=1114369794","media":"Market Wacth","summary":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchase","content":"<p>It’s felt like a nonstop barrage of buybacks.</p>\n<p>April alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.</p>\n<p>Nearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”</p>\n<p>Buybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.</p>\n<p>“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.</p>\n<p>“Historically, share buybacks have a high correlation to the S&amp;P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”</p>\n<p>Here’s how April stacked up to other months on the buyback front.<img src=\"https://static.tigerbbs.com/bb3f9434fcdd31c51cc10c7129ffa696\" tg-width=\"620\" tg-height=\"239\" referrerpolicy=\"no-referrer\">A blizzard of buybacks.EPFR INFORMA</p>\n<p>The chart also shows buybacks climbing along with the S&amp;P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.</p>\n<p>The S&amp;P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.</p>\n<p>First-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.</p>\n<p>What the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR<img src=\"https://static.tigerbbs.com/553f03d0d27271f61d2da56335ab716c\" tg-width=\"232\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>Of the 419 companies in the S&amp;P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.</p>\n<p>Against this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”</p>\n<p>Berkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.</p>\n<p>Debt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.</p>\n<p>Investment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.</p>\n<p>The first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock buybacks top $200 billion in April, the second-highest monthly total since Trump’s tax cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018,...</p>\n\n<a href=\"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/stock-buybacks-top-200-billion-in-april-the-second-highest-monthly-total-since-trumps-tax-cuts-11620348938?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114369794","content_text":"It’s felt like a nonstop barrage of buybacks.\nApril alone saw $209 billion worth of stock repurchases announced by companies, the second-highest month on record behind the $209 billion from June 2018, following the Trump administration’s tax overhaul.\nNearly four years ago, then-President Donald Trump said slashing the corporate tax rate to 21% would be like “rocket fuel for our economy.”\nBuybacks now have come back in vogue as the economy heals from the pandemic, even asCEOs line up to battle againstthe Biden administration’s proposed plan to bring the corporate tax back to 28% to help pay for a $2.3 trillion infrastructure package.\n“It’s going to be a big earnings season for buybacks,” said Winston Chua, an analyst at research firm EPFR, adding that buybacks have remained elevated in May and likely will stay that way for several weeks before tapering off.\n“Historically, share buybacks have a high correlation to the S&P 500 index,” Chua told MarketWatch. “But it’s not a pace that can be sustained.”\nHere’s how April stacked up to other months on the buyback front.A blizzard of buybacks.EPFR INFORMA\nThe chart also shows buybacks climbing along with the S&P 500, which booked its last record finish on April 29. It was up 11.9% on the year at Thursday’s close.\nThe S&P 500SPX,+0.82%on Thursday closed above the 4,200 mark for its second-highest finish ever, while the Dow Jones Industrial AverageDJIA,+0.93%booked its 23rd record close of the year, more than all of 2020.\nFirst-quarter earnings mostly have trounced optimistic estimates put forth by Wall Street, validating expectations that business would come roaring back once COVID-19 became a less disruptive force in people’s lives.\nWhat the News Means for You and Your MoneyUnderstand how today’s business practices, market dynamics, tax policies and more impact you with real-time news and analysis from MarketWatch.SUBSCRIBE NOW: 50% OFF 1 YEAR\nOf the 419 companies in the S&P 500 that have already reported first-quarter results as of May 6, about 88% reported earnings that beat analysts’ expectations, the highest on record since Refinitiv started tracking the data in 1994.\nAgainst this bullish backdrop, Berkshire Hathaway Inc.BRK.B,+2.46%vice chairman — and Warren Buffett’s right-hand man– Charlie Munger said share repurchasesdesigned solely to push the price of the stock higherwere immoral, but that critics of buybacks made in the interest of shareholders were “bonkers.”\nBerkshire’s share repurchases were $6.6 billion in the first quarter, down from $9 billion each in thethirdandfourth quartersof 2020.\nDebt investors tend to look unfavorably on companies that borrow in the bond market to fund share buybacks that aim to push up a stock’s price. U.S. companies borrowed a record amount of debt last year during the pandemic, with proceeds mostly earmarked to refinance maturing debt at cheaper rates.\nInvestment-grade companies have been dominant players in buybacks, including Apple Inc.AAPL,+1.28%,which added$90 billion to its stock repurchase programin April.\nThe first week of May saw Eli Lilly and Co.LLY,+0.56%detaila $5 billion share repurchase plan, as well as a host of other companies announcing similar buybacks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249299,"gmtCreate":1620356180519,"gmtModify":1635501408501,"authorId":3574843478751505,"author":{"id":3574843478751505,"idStr":"3574843478751505","authorId":3574843478751505,"name":"Xiaolongbao","avatar":"https://static.tigerbbs.com/d137f68d75d2303f9dec891ad18d9e9c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104382762,"type":1,"supId":0,"prevId":0,"content":"Can help reply?","text":"Can help reply?","html":"Can help reply?"},{"id":4249398,"gmtCreate":1620356786961,"gmtModify":1635501399535,"authorId":3571302514057319,"author":{"id":3571302514057319,"idStr":"3571302514057319","authorId":3571302514057319,"name":"Lailailai","avatar":"https://static.tigerbbs.com/c27cb3580fc538fd97b8bb476e98995b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104382762,"type":1,"supId":4249299,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4257664,"gmtCreate":1620433333448,"gmtModify":1635500811604,"authorId":3571302514057319,"author":{"id":3571302514057319,"idStr":"3571302514057319","authorId":3571302514057319,"name":"Lailailai","avatar":"https://static.tigerbbs.com/c27cb3580fc538fd97b8bb476e98995b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104382762,"type":1,"supId":4249299,"prevId":0,"content":"Thx","text":"Thx","html":"Thx"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":112,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}