Pennsylvania-based investment firm SEI Investments ( SEIC) said its board has approved an additional $50 million in stock repurchases. The financial services company said that it had purchased around 4.4 million shares for $164.1 million in 2005.
Apple brought out some of Hollywood's heavy hitters to show off its new services offerings, which included Apple TV+, Apple TV Channels, Apple News+ and Apple Card. But for investors, the real draw may be Apple's 1.4 billion installed base.
Nike shares were active Monday after the U.S. Justice Department said it would charge controversial attorney Michael Avenatti with charges of extortion just minutes after he tweeted about exposing a "major high school basketball scandal" linked to the world's biggest sportswear company.
At this juncture the action is looking like nothing more than a routine pullback of an extended market.
The Dow Jones Industrial Average trades lower over fears on Wall Street of slowing global growth.