Friday’s Biggest Stock News: Apple Monster Buyback, Jobs Report, and Asian Stocks

Over a year ago when investors started losing confidence in Meta Platforms (META), the social networking giant announced a massive stock buyback plan. After Apple (AAPL) posted a 10% drop in iPhone sales and revenue falling by 4% as expected, it did the same. Apple’s board authorized $100 billion in share buybacks, the biggest in the firm’s history.While skeptics may criticize Apple for its use of free cash, the stock repurchase boosts EPS even if revenue keeps falling. The smartphone giant does not have any positive growth initiatives for now. It canceled the electric vehicle project and…

Inquest announced 15 years after Brantford man killed in jail

It’s been almost 15 years since Brantford-raised Jeff Munro was beaten to death in the Don Jail during an argument over a bag of potato chips but an inquest into his death has finally been announced. Munro, a talented and world-travelling former dance, died on Nov. 7, 2009 at 31 years old. “It was initially […]