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Old rules, algorithmic traders add costs to U.S. share buybacks

NEW YORK (Reuters) – U.S. companies are on track to buy back a record amount of their own stock this year, but a decades-old markets rule aimed at preventing manipulation makes these trades easy to game and has probably cost companies billions in recent years.... More »

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Buffett scorns tricky Wall Street accounting, but defends buybacks

FILE PHOTO – Investor Warren Buffet arrives for the premiere of the film ‘Wall Street: Money Never Sleeps’ in New York, U.S. on September 20, 2010. REUTERS/Lucas Jackson/File Photo Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks ... More »