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Silicon Labs' Board Authorizes Additional $200 Mln Share Repurchase
(RTTNews) - Silicon Laboratories Inc. (SLAB) announced Monday that its board of directors has increased the authorization for the repurchase of the company's common stock by $200 million to a total of $450 million.
The company had originally announced on July 27, 2022 a stock repurchase program of $250 million.
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Silicon Labs Guides Q3 Adj. Loss In Line With Estimates - Quick Facts
While reporting financial results for the second quarter on Wednesday, wireless technology firm Silicon Labs Inc. (SLAB) provided earnings and revenue guidance for the third quarter.
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U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB
Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.
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Sensex, Nifty End Modestly Higher As Trump Extends Trade Deal Deadline
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UK Stocks Turning In Mixed Performance In Cautious Trade
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CAC 40 Slightly Lower In Lackluster Trade
French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
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Australia Central Bank Unexpectedly Maintains Status Quo
The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
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European Shares Little Changed As Investors Assess Trump's Tariff Plans
European shares were little changed on Tuesday as investors weighed U.S. President Donald Trump's tariff plans and global growth risks.
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Asian Shares Climb As Investors Brush Off Trump's Tariff Threats
Asian stocks ended mostly higher on Tuesday as U.S. President Donald Trump gave an additional three-week grace period for tariff negotiations after unveiling new tariff rates for 14 trading partners.
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