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Apple to dole out $2.5 billion to shareholders

Apple shareholders will be cashing in tomorrow -- the day has come for the second installment of the mega-rich company's dividend program. Apple, which has 935 million outstanding shares, will distribute $2.65 per share to its shareholders -- adding up to a grand total of a $2.5 billion payout, according to Apple Insider.

This is just the second time in the last 17 years that Apple has paid some of its excesses to its shareholders. The company, which hasn't paid a regular cash dividend since 1995, has billions in cash and liquid assets and carries no … Read more

Apple, overseas firms lead in value creation

Tech, media, and telecom companies in emerging markets and those considered "digital innovators" are among the world's tops in providing value to their investors, according to a new study from the Boston Consulting Group.

Out today, the report "Swimming Against the Tide: How Technology, Media, and Telecommunications Companies Can Prosper in the New Economic Reality" found that seven of the top 10 telecom performers, five of the top 10 media performers, and four of the top 10 technology performers are in India, Taiwan, Mexico, China, and other emerging markets. But global companies tuned into the … Read more

HP gets OK to buy back $10 billion of stock

Hewlett-Packard has been given the go-ahead by its board to buy back up to $10 billion of its own stock, the company announced Monday.

HP said it plans to pick up shares "opportunistically" and is targeting the repurchase as a way to manage the dilution created by stock issued to its employees.

"HP has a strong balance sheet," Cathie Lesjak, HP chief financial officer and interim CEO, said in a statement. "We plan to be active in repurchasing our shares, and we expect to repurchase at least $3 billion worth of our shares in our … Read more