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On Oct. 22, 2015, $DOW said it expects to accelerate its $5Bil share buyback tranche, with plans to repurchase $1Bil of shares in 4Q15. The remaining $2Bil of the $5Bil buyback tranche is anticipated to be completed in 2016. Once completed, $DOW will have executed $9.5Bil in share repurchases since 2013.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.