Headline News: Stock Buybacks

• Arch Capital approves $500 million buyback plan (AP via Yahoo! Finance)
  Arch Capital Group Ltd. approved a plan to buy back up to $500 million of its stock, the company said Monday. The Bermuda-based insurer's buyback program supplements an existing $1 billion buyback program, which was established in February and has $170 million remaining to be repurchased.
  
• Systemax Approves Buyback Program for up to 2 Million Shares (wallstreet:online AG)
  Systemax Inc. (NYSE: SYX) announced today that its Board of Directors has approved a stock buyback
  
• Systemax Approves Buyback Program for up to 2 Million Shares (Centre Daily Times)
  Systemax Inc. (NYSE: SYX) announced today that its Board of Directors has approved a stock buyback plan for up to 2,000,000 shares of the Company's common stock.
  
• Dril-Quip plans buyback of up to $100 million in stock (AP via Yahoo! Finance)
  Dril-Quip Inc., which makes offshore drilling and production equipment, said Friday it authorized a buyback of up to $100 million of its common stock.
  
• L.B. Foster OKs buyback $25 million in shares (AP via Yahoo! Finance)
  L.B. Foster Co., which provides services and products for rail, construction and energy markets, said Monday its board approved the repurchase of up to $25 million of its common stock.
  
• Arch Capital approves $500 million buyback plan (INO News)
  (AP:NEW YORK) Arch Capital Group Ltd. approved a plan to buy back up to $500 million of its stock, the company said Monday.
  
• Applied Industrial shares rise after upgrade (AP via Yahoo! Finance)
  Shares of Applied Industrial Technologies Inc. are rising Monday morning after an analyst boosted his rating, saying a recent stock sell-off is overdone and that the company will likely begin a buyback program soon.
  
• Safeguard Scientifics seeks stock split, authorizes buyback (Philadelphia Business Journal)
  Safeguard Scientifics, Inc. said its board has authorized a $20 million stock buyback and will ask shareholders to approve a reverse stock split at the company's annual meeting. (SFE)
  
• Alliance Data Systems restarts stock buyback program 8:00 AM CT (Dallas Morning News)
  Alliance Data Systems Corp. said Wednesday its board reinstituted the company's stock repurchase program, authorizing the buyback of up to $500 million worth of common stock.
  
• Tucows Announces a $10 million Stock Buyback Program (CNW Group via Yahoo! Finance)
  Tucows Inc. today announced that its Board of Directors has approved a stock buyback program of up to $10 million for the repurchase of its common stock. Tucows has also filed a notice of intention with the Toronto Stock Exchange to make a normal course issuer bid through the facilities of the TSX.