Fortuna Advisors' CEO: Not Much Value in Stock Buybacks

Fortuna Advisors' CEO: Not Much Value in Stock Buybacks Play

May 29 (Bloomberg) -- Gregory Milano, chief executive officer of Fortuna Advisors, talks about data indicating stock buybacks are falling to a three-year low. Companies announced $1.1 billion of repurchases a day on average during the earnings season in April and May, the lowest level since mid-2009, according to data compiled by Bloomberg and TrimTabs Investment Research Inc. Milano speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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