Quotes from Carol Loomis

A buyback is itself a special kind of acquisition, made at prices that are typically a bargain compared with those a company must pay for an outside purchase.

Carl Icahn, corporate raider by trade, is creative, a scrambler, and certainly not to be underestimated.

If a company's stock is undervalued - as many managers believe theirs is - a repurchase may offer the best payoff of all.

From the minute I got to 'Fortune,' I loved my job. I knew myself to be a virtual dunce about business, and I was wide-eyed about how much I was learning.