Buying back its debt at a discount helped California Resources improve its balance sheet, and the company maintained production levels while cutting costs by becoming more efficient.
The final bill permits firms
buying back debt in 2009 or 2010 to spread the income charge over five years, beginning in 2014.
The Senate would permit firms
buying back debt in 2009 or 2010 to spread the income charge over eight years, beginning in 2011.»
The Fed usually assigns an inflation target, which currently stands at 2 %, and adjusts interest rates, prints money, or
buys back debt to reach such a target.
The nifty deal fits into the U.S. Tropical Forest Conservation Act whereby the U.S. government can
buy back debt in exchange for conservation projects at a discounted rate.
Not exact matches
Bond investors like mutual funds and pension funds hope to
buy securities with comparatively higher yields than other asset -
backed debt that could also provide diversification benefits.
Apple's long - term
debt has grown to almost $ 100 billion over the past few years partly because it needs a source of funds to
buy back stock and pay dividends.
It's paying for itself, putting some money in the bank, letting us
buy new equipment... and it's paying
back past
debt.
With such an enormous valuation gap and such a massive amount of cash on the balance sheet, we find it difficult to imagine why the board would not move more aggressively to
buy back stock by immediately announcing a $ 150 Billion tender offer (financed with
debt or a mix of
debt and cash on the balance sheet).
Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into
buying a so - called synthetic collateralized
debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.
On the other hand, another survey by Bank of America and Merrill Lynch showed that 65 % of firms polled said they would use the new gains to pay down
debt, 46 % would
buy back stock, and just 35 % would spend on capital expenditures.
He added that most shareholders he hears from prefer the company to reduce its
debt and
buy back some shares.
In three rounds, the last of which concluded in 2014, the central bank credited itself with funds that it then used to
buy debt — Treasurys and mortgage -
backed securities, the latter in an effort to drive down rates on housing loans during the worst real estate market since the Great Depression.
Because they went out and
bought $ 567 billion worth of stock
back with
debt, by issuing
debt.
Olivier said the company will take a breather from more acquisitions and
buying back its own shares while it integrates the operations and reduces its
debt load by 2020.
Last, companies with high cash balances can also return money to you directly by paying off
debt, and thus increasing profits;
buying back outstanding shares; and even paying a dividend.
They've taken on
debt to
buy back their stock, throwing cash to the wind that should've gone to developing their business.
«net private sector
debt is actually quite low and on par with the 70s» — Stock
buy -
backs have pushed up
debt.
During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program,
buying Treasuries, agency
debt and agency mortgage -
backed securities.
If Tim Hortons increased its ratio of adjusted net
debt to four times earnings with C$ 2 billion of
debt it could fund a special dividend of $ 13 a share or
buy back up to 23 percent of the stock, the note said.
Kelter estimates if the company took on C$ 1 billion of
debt and increased its leverage to three times EBITDA including restructuring or rent costs, it could fund a C$ 6.50 special dividend or
buy back up to 12 percent of shares.
Albright Capital Management, a Washington - based hedge fund
backed by former Secretary of State Madeleine Albright, has raised about $ 75 million in recent months to
buy up bonds of
debt - strapped companies in places like Latin America, Africa, India, Russia and Asia, filings show.
The job growth is fake, there's been no wage growth since 1999, inflation numbers are false, government
debt is too high, corporate profits are too low, corporate profits are unsustainably high, companies aren't reinvesting their profits, companies are
buying back too much stock, the Federal Reserve is propping up the market, the Federal Reserve is keeping rates artificially low, and so on.
The news comes as global
debt markets were already selling off amid signs that central banks are starting to step
back after years of bond -
buying stimulus.
Bernanke, the widely criticized chairman of the Federal Reserve, shot
back Sunday evening at the inflation hawks who claim quantitative easing — the Fed's plan to
buy $ 600 billion of Treasury
debt over eight months, in hopes of boosting asset prices and nudging a sluggish economy forward — will send inflation soaring and destroy the dollar.
This would likely be a game changer for equity and credit markets, reducing the incentive for companies to issue
debt and
buy back shares.
You could have a view they'll cut costs, put another turn of
debt on the balance sheet and
buy back some stock to get 20 - 25 % upside to earnings.
And international buyers, from Europe to Japan, are
backing away from U.S. corporate
debt as a falling dollar drives up hedging costs at the same time curtailed central - bank
buying drives up global yields.
U.S. corporations have been issuing
debt to then
buy back their stock, resulting in the weakest corporate balance sheets in many years (this is Ponzi finance);
Beginning in 2018, the deduction is scaled
back to interest on
debt up to $ 750,000, instead of $ 1 million, for people who
buy homes on or after Dec. 15, 2017.
In addition to its program to
buy mortgage -
backed debt, the Fed has been using proceeds from short - term government securities to
buy longer - term ones.
The long - term trend of earnings per share for American businesses is up because large corporations retain earnings that they can use to pay down
debt,
buy back stock, or grow operations, and this allows us to have the reasonable certainty that Coca - Cola, Procter & Gamble, Johnson & Johnson, PepsiCo, and the rest of the usual suspects will be worth more ten years from now.
The move could potentially allow Neiman Marcus to issue new
debt to
buy back its bonds at a discount, helping slash its
debt pile.
Apple, who is sitting on over $ 200 billion in cash, increased their
debt position by about $ 36 billion between March 2015 and March 2016, primarily to
buy back stock.
«I do feel like my
debt sets me
back in the grand scheme of things as far as
buying a home or whatever the case may be,» he said.
A report by Bloomberg in January rattled markets by suggesting China was considering cutting
back on the amount of US
debt it
buys, pointing to trade tensions as one of the reasons.
The Board of Directors, the members who are elected by the stockholders (the owners), has a meeting and listens to management's recommendation about how much of the profit should be reinvested in growth, how much should be used to pay down
debt, how much should be used to
buy back stock, and how much should be mailed to the owners.
Peter Boockvar: Yeah, and a lot of that cash has been spoken for anyway with all the
debt accumulation to
buy back stock.
Logistically speaking, management only gets to use $ 0.23 on the dollar to
buy back stock, pay down
debt, and grow the company so that it can make even larger dividend payments in the future.
Because the Fed is holding interest rates very low, corporations can borrow very cheaply and use the money to
buy back stock or redeem older, more expensive
debt.
Ultra-low borrowing costs had encouraged large firms to issue
debt to
buy back their own stock, thereby providing a tailwind to earnings - per - share growth.
«Since 2009, US companies have spent a record $ 3.8 trillion on share
buy -
backs financed by historic levels of
debt issuance.
In addition to the company's reverse split, Tenet also this month confirmed they would
buy back up to $ 500 million in stock, issue $ 800 million in new
debt, as well as use $ 400 million toward potential acquisitions.
Since the industry consolidated and management incentives changed to being based on returns on capital rather than growth, capacity (supply) growth has tracked GDP (demand) growth closely, free cash flow generation has been significant and consistent, and the companies have consistently paid down
debt,
bought back stock and paid dividends.
In the interim, those profits will help the company pay down
debt,
buy back stock and pursue more deals to diversify the business.
Redemption means «to
buy back,» and in this case the underlying metaphor is that of a
debt slave.
Its only your land until your gub «mint comes and takes it
back because you did nt pay your
debt to
buy it.
FTSE only rallying because of hedge funds playing games, government QE, stockmarket racketeering, companies (esp banks) issuing
debt and
buying back stock.
Wenger and Gazidis: Bargain
buys until stadium
debt largely gone and then Gazidis offers # 40mil and # 1 for Suarez... Try to blame Wenger and I will call you ignorant unless you show some form of evidence to
back up the ignorant claim.
I have example to
Back my Statement... In 2003 Real Madrid
bought Beckham from Man Utd for 25M which highest transfer amount that time and now if look at the transfer then average player also cost for 30 to 35M easily... So it very difficult to know how much we have earned from every year making Champions League but yes certainly we must have earned lot because we were 500M
debt ridden club when we moved to Emirates Stadium and now we are
debt free entity so there is good possibility that we have earn lot from Champions League qualifications and also from Highbury real estate projects as well....