The companies with five biggest paper losses:
-Qualcomm: -$7.4 billion -aha, here we are!
American Express: -$4.1 billion
Exxon Mobil: -$3.9 billion
Hess: -$2.9 billion
Chevron: -$2.8 billion
Interesting anecdote is that stalwarts jumped thru the hoop to cut 1.4B by trimming 15% of the workforce just to lose whopping $7.4 billion in buybacks. And isn't from the borrowed money? Wow!
Read more at http://www.philly.com/philly/business/20160209_ap_c7031c1f9e5247ed906c1
Once again stupid seeks its own level.
Do those numbers include the savings from not paying dividends on those buybacks?
There are six entries on the list
when QC hits $38 it might be time to write put options
Great time to be laid off by QC
for that amount of money they could have handed every employee in San Diego a paycheck of nearly 1 million dollars. what a waste.
A solid negative one billion for Jana
Amzn $5B buyback now. Maybe bezos bought a book on financial engineering from qc CFO. The EPS juice is loose
Should have just bought the chargers a new stadium or ten of them. at least it can hold a super bowl
Here is the link: http://www.philly.com/philly/business/20160209_ap_c7031c1f9e5247ed906c14f95f9cb382.html