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Terex Board Of Directors Authorizes New Share Repurchase Program Of Up To $150 Mln
(RTTNews) - Terex Corp. (TEX) announced Monday that its Board of Directors authorized a new share repurchase program of up to $150 million.
The new authorization is in addition to the share repurchase program announced in July 2018, under which the Company has approximately $43 million remaining.
The timing of the share repurchase program will be based on available liquidity, cash flows and general market conditions. The repurchase program may be executed through various methods, including open market purchases.
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Yen Rises Amid BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as investors talk about the Bank of Japan's latest 25 basis point rise and the likelihood of further rate hikes.
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1h 9min ago
Asian Stocks Extend Gains
Asian markets extended gains on Tuesday in the backdrop of renewed optimism around AI-related shares that fueled a rally on Wall Street.
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1h 34min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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2h 46min ago
Europe Car Sales Increase In November
Europe's new car registrations increased for the fifth straight month in November, driven by robust growth in battery electric cars sales, data from the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. Car registrations grew 2.1 percent year-on-year in November but slower that the 5.8 percent rise seen in October.
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4h 30min ago
European Economic News Preview: German Import Price Data Due
Import prices from Germany and revised GDP data from Spain are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's import price data. Economists expect import prices to grow 0.2 percent month-on-month in November, the same rate as in October. In the meantime, producer price figures are due from Sweden.
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5h 2min ago
Cautious Optimism Expected In European Markets
Stock markets in Europe are expected to trade on a cautiously optimistic note on Tuesday amidst rising geopolitical tensions, Fed rate cut hopes, thin holiday trade as well as mixed reactions to tech valuations.
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5h 40min ago
RBA Minutes: Policymakers Discussed Rate Hike Scenario
Policymakers of the Reserve Bank of Australia discussed scenarios in which policy tightening may need to be considered, the minutes of the meeting held on December 8 and 9 showed Tuesday. Members became less confident that monetary policy remains restrictive, the minutes showed. Policymakers assessed that inflationary pressures could be a little more persistent than had been previously estimated
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5h 44min ago
Australian Market Sharply Extends Early Gains In Mid-market
The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.
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8h 11min ago
