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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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Tesla Chair Denies Report Of CEO Search To Replace Elon Musk
Tesla Inc. chair Robyn Denholm has denied a Wall Street Journal report that its board was searching for a replacement for Chief Executive Officer Elon Musk. On the social media platform X, she called the report as "absolutely false." Shares of Tesla had fallen around 3 percent on Wednesday's trading following the news. However, with the denial of the report, the stock is currently gaining.
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26 minutes ago
UK Mortgage Approvals Lowest In 8 Months
UK mortgage approvals decreased to the lowest level in eight months in March despite home buyers rushing to complete the transactions ahead of the rise in stamp duty, official data revealed on Thursday. Mortgage approvals decreased 800 to 64,309 in March, the Bank of England said. Approvals for house purchases, an indicator of future borrowing, decreased for the third straight month.
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1h 18min ago
U.S. Dollar Rises Amid Hopes On U.S.-China Trade Deal
https://www.telegraph.co.uk/business/2025/05/01/trump-tariffs-us-china-talks-ftse-100-markets-latest-news/
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2h 27min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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3h 50min ago
Yen Slides As Bank Of Japan Retains Rate As Expected
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged for the second consecutive meeting and downgraded its growth projections citing trade tariff threats.
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4h 18min ago
Commodity Currencies Rise Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid increased risk-on mood, as traders booked some profits after the recent upside in markets and a report showing the U.S. economy unexpectedly shrank in the first three months of 2025 generated some optimism about the outlook for interest rates.
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4h 33min ago
Yen Slides Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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5h 43min ago
Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty
The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
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5h 43min ago
