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Daqo New Energy Repurchased $301.7 Mln Under Its $700 Mln Share Repurchase Program
(RTTNews) - Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, on Tuesday provided an update on its $700 million share repurchase program that was announced on November 7, 2022.
As of today, approximately 43.1% of the authorized repurchase amount under the program has been executed through repurchases by an intermediary in the open market at prevailing prices or in privately negotiated transactions.
The Company has repurchased 7.28 million ADSs for approximately $301.7 million under the current program, at an average cost of $41.42 per ADS.
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Philips Shares Jump As FY25 Margin Outlook Raised, Despite Weak Q2
Shares of Royal Philips N.V. were surging around 10 percent in the morning trading in Amsterdam as well as in the pre-market activity on the NYSE, after the Dutch consumer electronics giant on Tuesday raised its fiscal 2025 margin outlook, benefited by lower tariff impact, and maintained fiscal 2025 comparable sales growth view. Meanwhile, the company issued weak margin outlook for its third quart
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vor 12 Minuten
U.S. Dollar Rises As Traders Focus On U.S. Data, Trade Talks
The U.S. dollar strengthened against other major currencies in the European session on Tuesday, as traders awaited the outcome of ongoing U.S.-China talks in Stockholm, key U.S. economic indicators and upcoming Fed and BoJ rate decisions.
Top economic officials from both nations held over five hours of negotiations on Monday to resolve longstanding economic disputes and lay the groundwork ahead of a leaders' summit in the autumn.
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vor 16 Minuten
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Tuesday.
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vor 31 Minuten
European Shares Inch Higher On Earnings Boost
European stocks advanced on Tuesday, with sentiment underpinned by positive earnings news and eased worries of a trade war.
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vor 1Std 15 Minuten
Asian Shares Mixed As US-China Talks Continue
Asian stocks ended Tuesday's session on a mixed note as investors looked past the U.S.-EU trade deal and awaited the outcome of ongoing U.S.-China talks in Stockholm.
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vor 1Std 46 Minuten
Euro Falls Against Majors
The euro weakened against other major currencies in the pre-European session on Tuesday.
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vor 3Std 54 Minuten
European Economic News Preview: UK Mortgage Approvals Data Due
Mortgage approvals from the UK and flash GDP from Spain are the top economic news due on Tuesday. At 3.00 am ET, Spain's statistical office INE publishes flash GDP data and retail sales figures. The economy is forecast to grow at a steady pace of 0.6 percent in the second quarter.
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vor 4Std 31 Minuten
European Shares Seen Higher In Cautious Trade
European stocks are seen opening a tad higher on Tuesday as U.S.-China trade negotiations continue in Stockholm for a second day.
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vor 4Std 48 Minuten
