Qantas Plans $100M Share Buyback to Reduce Debt

Qantas Airways Ltd., Australia’s largest carrier, rose the most in more than two months after saying it would buy as much as A$100 million ($104 million) of its own shares with cash from cutting a Boeing Co. order.

Most Recent Videos

What Is Yahoo Without Alibaba?
01:09 - Jan. 28 -- Sullivan & Cromwell's Frank Aquila and Bloomberg Intelligence's Paul Sweeney discuss the outlook for Yahoo with Bloomberg's Trish Regan on "Street Smart."
  • Chris Rupkey on FOMC Statement, Fed Policy Outlook
  • Facebook's Earnings Growth Is Sustainable: Pyykkonen
  • Dollar's Impact on Earnings Is Very Serious: Bianco