General Electric Co. (NYSE: GE) Chairman/CEO Jeff Immelt bought 20,000 shares on 04/16 at $35.54, bringing his stake to 959,400. Stock trades at a 14x forward PE On April 25, European Union antitrust regulators approved General Electric Co.'s 5.99 billion euros ($8.3 billion) bid to buy the diagnostics business of Abbott Laboratories.

Ahmet Okumus, a 10.4% stakeholder, has recently purchased 150,500 shares or $1,730,336 worth of stock. The provider of outsourcing services for the financial services sector reported in late March that Okumus has asked for a seat on the Bisys board. Meanwhile, the company last year announced they were putting themselves up for sale but have yet to find a buyer. The company had weaker than expected earnings and AG Edwards put out a Sell rating on the stock. In other words, everyone hates it. Except one of the best investors ever. Okumus Capital has yet to have a down year and has been averaging 20%+ since their inception 10 years ago.

Whirlpool Corp. shares soared past the $100 mark on Tuesday for the first time as the world's biggest maker of major home appliances said it would resume share buybacks that it put on hold while it digested its purchase of rival Maytag. Shares also jumped after the appliance maker posted better-than-expected first-quarter results on April 24th. Whirlpool was upgraded by Citigroup on Wednesday April 25th.

JPMorgan Chase & Co. recently announced a $10 billion dollar buyback which replaces its prior plan. JPMorgan Chase (NYSE: JPM) posted a 55% spike in net income for Q1 that set it apart from its rival’s mediocre growth rates. While its’ consumer business wasn’t quite as strong in Q1, it also isn’t that big of a piece of the pie. JPMorgan’s investment banking business as well as its private equity business both posted solid quarters which have bolstered the overall position of the bank.

Allstate recently announced a $1 billion dollar buyback which adds to its prior plan. The stock trades for 4.8x EBITDA Allstate Corp. on April 18th said first-quarter profit rose 5 percent as investment gains offset a decline in revenue from property-liability insurance premiums. The results easily beat estimates of analysts surveyed by Thomson Financial. They also put Allstate on an early pace to surpass last year's record earnings.

Linear Technology recently announced a $3 billion dollar buyback. The maker of mixed-signal analog processors, has spiked as a result of the company's announcement a week ago it would buy back roughly $3 billion in shares of common stock with the proceeds from a $1.7 billion convertible note offering and with existing cash on hand. We . . . think Linear's move underscores the balance sheet power possessed by the analog semiconductor group," said Friedman Billings Ramsey analyst Chris Caso. Bear Stearns also initiated coverage with a Peer Perform on April 24th The stock trades for 11x EBITDA

SUPERVALU recently announced a $235 million dollar buyback which replaces its prior plan. The positive affects of the acquisition of the Albertson's grocery chain has helped Supervalu Inc.’s earnings explode in its fiscal fourth quarter to $119 million, or 57 cents per share, from $6 million, or 4 cents per share, in the same period last year. From Jim Cramer: "I know that stock was up a lot going into the quarter, but you have at least another year's worth of similar growth off of Wal-Mart's fall and Albertsons rebirth."

Five insiders of the company have recently purchased 90,000 shares or $1,800,000 worth of stock On April 19th, People's United Financial Inc. said Thursday its main subsidiary, People's Bank, posted a slightly smaller first-quarter profit on an increased provision for loan losses. The stock trades at a 15x forward PE and has a BUY rating from Thestreet.com Ratings