Stock buybacks...value workers created...
 

Focus on stock buybacks is a reminder of why so much value created by workers ends up in hands of billionaires...

Carl Icahn?s $2 billion Apple stake was a prime example of investment inequality - MarketWatch

Sounds like what Delta is doing...

Help me out. I see no resemblance whatsoever other than the company buying back stock. Who is our Ichan?

When Richard left NWA D. Steenland took over and burned the house down. Sleepy Ed is the next arsonist.

Stock buybacks will someday be looked at in history books as dumbfounding.

How much more money would BB have if rjet wasn't bought back those times.
There should be a special place for CEOs that buyback stock only to take their company to shamruptcy.
Rigged.

I'll wait and see on that. The thing is though what you just said has nothing to do with the article.

I agree that money used in buybacks could be better spent elsewhere, but unfortunately it is a Wall Street thing. Investors (sheep) like them for some reason. I would much rather we pay down debt or spend it on facilities/asset CAPEX. At $45/share and 800M shares outstanding, the needle won't move with the amounts they are spending.

Also, I just noticed that DAL has not moved with the rest of the industry following JBLU's fare hike. Cramer commented on this fare hike yesterday as the industry falling back into the old way of doing things. (fare sales and increased capacity). I think this will be an interesting quarter, but I am looking to trim my positions in the industry.

It could be that we're going after JB in response to their cute little alliances with ME3, opposing the Bank of Boeing reforms and aiding and abetting the enemies of NAI etc. Its hard to go after those airlines directly, but you can go after any who partner with them.

When the inside boys sold at 51, I think they were on to something.

Actually he said just the opposite...he discussed the fact that the industry looked strong and has pricing power.

"Rate hikes announced by JetBlue indicated to Cramer that the market is in fact strong enough to stop price cutting and not add capacity as it had planned to do"

I think it more about NYC. This is part of our strategy to win New York.