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The Newcastle team is littered with quality players among their outside back stocks as well as in the back row.
Continuing the wild swings from panicked selling to fevered buying and back, stocks soared on Thursday, leaving investors bewildered about what might come next.
With no ability to sell risky loans or slices of collateralized debt obligations, the funds started dumping stocks they owned and buying back stocks they had borrowed.
Controversial from the outset, QE was designed to keep long-term interest rates down and encourage investors to back stocks or corporate debt in order to stimulate the economy.
Instead, they'll back stocks with a proven track record.
Way back, stocks were valued in relation to their dividends, just as high-quality bonds are still priced according to coupons and current interest rates.
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Back Stock, No. /Qty.
Buying back stock is one option.
And he wants to buy back stock.
News Corporation has aggressively bought back stock in recent months.
Mr. Goldberg asked whether the bank would buy back stock.
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