On Friday, March 8 executives from The Union League Club, will visit the New York Stock Exchange (NYSE) to commemorate the Club's 150th anniversary.
To mark the occasion, Club President David Mathus will ring The Closing Bell.
About The Union League Club:
The Union League Club, located in its fourth Clubhouse on East 37th Street in Manhattan, marks its 150th anniversary this year. Established during the Civil War by a group of leading citizens who supported the preservation of the Union and the policies of President Lincoln, the Club and its members have helped to establish numerous civic, cultural, and military institutions. In addition to the many Presidents, Cabinet members, Justices and Governors who were members, notable achievements of the Club and its active members...
The day ended with a Closing Bell with Anabela Chambuca, President of the Mozambique Stock Exchange. Luis Laginha de Sousa, chairman and CEO of NYSE Euronext Lisbon will join this closing bell. The ceremony will permit to strengthen bilateral relations between the two countries, including the exchange of information and experiences between the two capital markets.
On Friday, March 8, in celebration of International Women’s Day, the New York Stock Exchange (NYSE) will host a gathering of women “Changing the Conversation” through an insightful panel and roundtable discussions on the interconnectivity of philanthropy, education, capital development, technology and communication.
“Changing the Conversation” will be moderated by Rebecca Jarvis, CBS and include the following panelists:
• Reshma Saujani, Girls Who Code, Founder
• Kathleen M. Kelley, Queen Anne’s Gate Capital Management, Founder and Chief Investment Officer
• Mary Whipple, US Olympic Gold Medalist and Owner, 9th Seat
• Dr. Danielle Moss Lee, Chief Executive Officer, YWCA of the City of New York
• Keisha Sutton James, Inner City Broadcasting (ICBC), Vice President...
That's the question every executive suite ponders as a way to to return cash to investors. Over the past decade, the scale has tipped to share repurchase programs. Investors like the idea of buybacks because they usually lift the price of a stock, and executives like them because they lower shares outstanding and increase profit per share (a popular measure used to evaluate executive compensation).
Indeed Credit Suisse study found that companies in the S&P 500 spent $2.7 trillion on buybacks from 2004 to 2011 and paid $1.8 trillion in dividends at the same time. And a 2010 study out of UPenn and UNC revealed that in the two years following the 2003 Bush tax...