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Buybacks not always a boon - Gabriel

Thursday, September 19, 2019 - 05:37

Microsoft and Target rallied Thursday after announcing big buybacks, but Thomson Reuters Stocks Buzz analyst Terence Gabriel tells Reuters' Fred Katayama that shares of big companies heavily involved in buybacks have underperformed the broader market.

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Microsoft and Target rallied Thursday after announcing big buybacks, but Thomson Reuters Stocks Buzz analyst Terence Gabriel tells Reuters' Fred Katayama that shares of big companies heavily involved in buybacks have underperformed the broader market.

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Buybacks not always a boon - Gabriel

Thursday, September 19, 2019 - 05:37