BAE Soars on $1.5B Buyback as Profit Tops Estimates

Feb. 21 (Bloomberg) -- Bloomberg's Caroline Hyde reports that BAE Systems Plc said it will buy back shares worth as much as $1.5 billion over three years as demand outside the U.S. and the U.K. drove cash reserves. She speaks on Bloomberg Television's "The Pulse."

BMW to Build on Its Electric Line-Up, Says Robertson
32:55 - BMW sales chief Ian Robertson tells Bloomberg's Caroline Hyde at the Paris Motor Show that the automaker is going to build on its electric line-up. Robertson sees e-car demand moving as technology develops, adding that BMW is “always focused” on profitability, which is “right where we expected it to be.”
  • CO2 Reduction Is Push for Electric Cars: Opel's Neumann
  • Opec Agrees to Cut Oil Production
  • Assessing the Health of the Saudi Economy