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."
Can Oil Withstand Production Price Pressures?
11:18 - Bob Parker, senior advisor at Credit Suisse Asset management, and Bloomberg's Philipp Chladek examine second-quarter results from BG Group, how market prices are impacting oil producers and the outlook for oil earnings through the rest of the year. They speak on "On The Move." (Source: Bloomberg)
  • European Earnings Outpace U.S. First Time Since 2008
  • Breaking Down Earnings Season: What We've Seen So Far
  • SNB Reports 1H Loss of CHF50B on Franc Appreciation