{"id":544932,"date":"2022-03-28T03:45:46","date_gmt":"2022-03-28T03:45:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/"},"modified":"2022-03-28T03:45:46","modified_gmt":"2022-03-28T03:45:46","slug":"us-companies-are-buying-back-stock-in-record-volumes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/","title":{"rendered":"US companies are buying back stock in record volumes"},"content":{"rendered":"

<\/a> US firms are rushing to prop up their share prices amid market volatility:<\/strong> US companies have bought back a record number of shares so far this year in a bid to bolster investor confidence as the mood in the markets sours. Data from Goldman Sachs picked up by the Financial Times<\/a> shows that firms have spent USD 319 bn buying back shares in 2022, compared to USD 267 bn over the same period last year.<\/p>\n

US stocks were enduring one of their worst opening quarters in years<\/strong> before a recent rally, as rising interest rates, soaring commodity prices and the war in the Ukraine sparked a sell-off in shares. Over the past two weeks, the tech-heavy Nasdaq has pulled itself out of a bear market and is now down less than 10% year-to-date, while the S&P 500 has pared YTD losses to 4.7%.<\/p>\n

SOUND SMART-<\/strong> Buybacks are often used to support companies\u2019 shares prices and stimulate investor demand, especially following a sell-off when shares can be bought more cheaply and are viewed as undervalued. By reducing the number of shares in the market, companies can increase their value on an earnings-per-share basis (assuming earnings don\u2019t fall, of course), and propping up the share price.<\/p>\n

Energy bonds are clawing their way out of the junk pile<\/strong>, as the rise in crude prices and a more cautious approach toward new drilling attracts investors back to high-yield debt, the Financial Times<\/a> reports. The gap in borrowing costs between low-rated corporate energy debt and US government bonds is narrowing, according to one junk-bond benchmark index, as companies switch from pouring funds into new exploration to paying down their existing debt, reducing the perceived risk to investors.<\/p>\n

Not since before the 2014 energy crisis in the US have junk-rated energy bonds performed so well<\/strong> \u2014 with JPMorgan now expecting some USD 68 bn worth of North American debt to be reclassified as investment grade by the end of 2023.<\/p>\n

ALSO FROM PLANET FINANCE- <\/strong>KSA supermarket chain BinDawood Holding <\/strong>bought<\/a><\/strong>a majority<\/a><\/strong> stake<\/strong> in e-commerce app developer International Applications Trading Co. for around USD 28.7 mn, subject to increase based on future probability.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

11,546<\/p>\n<\/td>\n

\n

-1.4% (YTD: -3.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 18.26<\/p>\n<\/td>\n

\n

Sell 18.36<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 18.25<\/p>\n<\/td>\n

\n

Sell 18.35<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

9.25% deposit<\/p>\n<\/td>\n

\n

10.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

13,000<\/p>\n<\/td>\n

\n

+0.4% (YTD: +15.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,769<\/p>\n<\/td>\n

\n

+0.3% (YTD: +15.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

3,412<\/p>\n<\/td>\n

\n

+1.0% (YTD: +6.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

4,543<\/p>\n<\/td>\n

\n

+0.5% (YTD: -4.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,483<\/p>\n<\/td>\n

\n

+0.2% (YTD: +1.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 120.65<\/p>\n<\/td>\n

\n

+1.4%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 5.57<\/p>\n<\/td>\n

\n

+3.2%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,959.80<\/p>\n<\/td>\n

\n

-0.4%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 46,767<\/p>\n<\/td>\n

\n

+4.9% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 fell 1.4% at yesterday\u2019s close<\/strong> on turnover of EGP 1.0 bn (3% above the 90-day average). Foreign investors were net sellers. The index is down 3.4% YTD.<\/p>\n

In the green: <\/strong>Sidi Kerir Petrochem (+4.5%), Heliopolis Housing (+1.9%) and AMOC (+1.4%).<\/p>\n

In the red: <\/strong>GB Auto (-17.0%), MM Group (-16.0%) and Ezz Steel (-3.9%).<\/p>\n

Asian markets are mixed this morning<\/strong>, with the leading Nikkei, Kospi and Shanghai benchmarks all in the red. The Hang Seng and Australia\u2019s ASX 200 were clinging to the green. Futures suggest a mixed open in Europe later today: Paris\u2019 CAC 40 looks set to open in the red, while Frankfurt\u2019s DAX and the London Stock Exchange should both open (barely) in the green. Expect red at the opening bell on Wall Street.<\/p>\n","protected":false},"excerpt":{"rendered":"

US firms are rushing to prop up their share prices amid market volatility: US companies have bought back a record number of shares so far this year in a bid to bolster investor confidence as the mood in the markets sours. Data from Goldman Sachs picked up by the Financial Times shows that firms have […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[82,199,93,72,164,119,122,219,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544932","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-bonds","tag-e-commerce","tag-energy","tag-enterpriseam","tag-equities","tag-financial-markets","tag-planet-finance","tag-saudi-arabia","tag-us","wpautop","entry"],"acf":{"mongo_id":"aeda591a-bcab-4503-b9f4-d6b9cbd3d558","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544917],"teaser":"","voice_url":""},"yoast_head":"\nUS companies are buying back stock in record volumes - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US companies are buying back stock in record volumes\" \/>\n<meta property=\"og:description\" content=\"US firms are rushing to prop up their share prices amid market volatility: US companies have bought back a record number of shares so far this year in a bid to bolster investor confidence as the mood in the markets sours. Data from Goldman Sachs picked up by the Financial Times shows that firms have […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-28T03:45:46+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"US companies are buying back stock in record volumes\",\"datePublished\":\"2022-03-28T03:45:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\"},\"wordCount\":527,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Bonds\",\"e-commerce\",\"energy\",\"EnterpriseAM\",\"equities\",\"Financial Markets\",\"Planet Finance\",\"Saudi Arabia\",\"US\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\",\"name\":\"US companies are buying back stock in record volumes - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-03-28T03:45:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US companies are buying back stock in record volumes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US companies are buying back stock in record volumes - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/","og_locale":"en_US","og_type":"article","og_title":"US companies are buying back stock in record volumes","og_description":"US firms are rushing to prop up their share prices amid market volatility: US companies have bought back a record number of shares so far this year in a bid to bolster investor confidence as the mood in the markets sours. Data from Goldman Sachs picked up by the Financial Times shows that firms have […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-03-28T03:45:46+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"US companies are buying back stock in record volumes","datePublished":"2022-03-28T03:45:46+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/"},"wordCount":527,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Bonds","e-commerce","energy","EnterpriseAM","equities","Financial Markets","Planet Finance","Saudi Arabia","US"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/","name":"US companies are buying back stock in record volumes - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-03-28T03:45:46+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/us-companies-are-buying-back-stock-in-record-volumes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"US companies are buying back stock in record volumes"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":559217,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/what-the-markets-are-doing-on-13-january-2021\/","url_meta":{"origin":544932,"position":0},"title":"What the markets are doing on 13 January 2021","author":"enterpriseam admin","date":"13 January 2021","format":false,"excerpt":"The liquidity boom propping up economies could hurt asset prices: With global liquidity set to reach double global GDP at USD 175 tn by the end of 2021 thanks to stimulus from governments and central banks worldwide, much of it could flow into the real economy rather than assets as\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543852,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/big-firms-splash-pandemic-stash-on-buybacks\/","url_meta":{"origin":544932,"position":1},"title":"Big firms splash pandemic stash on buybacks","author":"enterpriseam admin","date":"21 February 2022","format":false,"excerpt":"US companies have been leveraging high cash balances accrued during the pandemic to increase share buybacks, in a trend that looks set to continue throughout 2022, data compiled by Bloomberg shows. Total 2021 share buybacks could exceed USD 870 bn when the data is complete, topping 2018\u2019s record USD 806\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558609,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/investors-turn-to-private-capital-and-unlisted-assets-as-equity-markets-max-out\/","url_meta":{"origin":544932,"position":2},"title":"Investors turn to private capital and unlisted assets as equity markets max out","author":"enterpriseam admin","date":"18 August 2021","format":false,"excerpt":"US private capital groups jump on higher investments in unlisted assets: The top five listed US private capital firms saw their value rise threefold since the market sell-off last year off the back of higher management fees, the Financial Times reports. The combined market value of Blackstone, KKR, Carlyle, Apollo\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554174,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/22\/share-buybacks-soar-but-capex-spending-is-still-lagging-in-the-us-of-a\/","url_meta":{"origin":544932,"position":3},"title":"Share buybacks soar but capex spending is still lagging in the US of A","author":"enterpriseam admin","date":"22 December 2021","format":false,"excerpt":"What\u2019s hot in the US? Share buybacks. What\u2019s not? Capex spending: Share buybacks in S&P 500 companies more than doubled y-o-y to reach a record USD 234.6 bn in 3Q2021, with an uncertain outlook leading corporates to help secure returns for their shareholders by buying back their own stock, Bloomberg\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546428,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/aramco-reports-record-quarter-profits-on-higher-oil-prices\/","url_meta":{"origin":544932,"position":4},"title":"Aramco reports record quarter profits on higher oil prices","author":"enterpriseam admin","date":"16 May 2022","format":false,"excerpt":"Saudi Aramco reported record net income in 1Q 2022, on the back of surging oil prices and rising demand, the company announced in its latest earnings release (pdf). The oil giant\u2019s bottom line rose 82% during the quarter to a record USD 39.5 bn, which it attributed to higher crude\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555122,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/us-stocks-close-at-record-highs\/","url_meta":{"origin":544932,"position":5},"title":"US stocks close at record highs","author":"enterpriseam admin","date":"2 November 2021","format":false,"excerpt":"US stocks close at record highs on strong earnings: US equity markets reached fresh record highs yesterday as the strong 3Q earnings season continued, according to Bloomberg. More than 80% of S&P 500 firms that have reported financials have beaten estimates, helping the benchmark index to close 0.2% in the\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544932"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544932\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544917"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544932"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544932"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}