stock buyback program

UPDATED: The entertainment conglomerate, led by CEO Jeffrey Bewkes, posted a record profit year for its studio as the company raised its dividend by 11 percent and unveiled a new stock buyback program.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Pfizer Inc.
  
  (NYSE: PFE) high of $19.39. Moving 6.4% to the new 52-week high, as the company put out a great earnings report and coupled it with a $5 billion stock buyback program.
  
  Q410 EPS came in at $0.47 with revs of $17.6 billion, versus the consensus EPS of $0.46 and revs of $16.97 billion.
  
  Guidance for the company wasn't anything spectacular.
• Manitowoc Co. Inc.

This afternoon, eBay delivered its third quarter earnings report, and it's a good bet that the company was eager to do so.  eBay beat analysts' forecasts for the third quarter, gave better-than-expected guidance regarding the fourth quarter, and also discussed an interesting stock buyback program.

Let's start with the third quarter results.  eBay managed to report earnings per share of $0.40, which is a significant improvement compared to the $0.37 analysts predicted.  It also earned $2.25 billion in revenue rather than the expected $2.18 billion.

National Penn Bancshares, Inc. (Nasdaq: NPBC) 39.4% HIGHER; announced that it has raised over $70 million in a temporary revision of its dividend reinvestment and stock buyback program. Click here for the full report.

MTM Technologies, Inc.