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During 2Q15, $BBBY repurchased approx. $194MM of its common stock, comprising about 2.9MM shares, under its existing share repurchase program. As of Aug. 29, 2015, remaining balance of the existing share repurchase program was approx. $305MM. Since 2004 through 2Q15, $BBBY has returned more than $9.1Bil to shareholders through share repurchases.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.