Intel adds $15 bln to its buyback program
Chipmaker Intel Corp said on Thursday its board has approved a $15 billion increase to its share repurchase program. ...
Chipmaker Intel Corp said on
Thursday its board has approved a $15 billion increase to its
share repurchase program.
... Sears Holdings Corp
won U.S. bankruptcy court approval on Thursday to
move forward with plans to stay in business and sell itself,
even as it continues to evaluate offers to liquidate its
business.
... Mexico's oil regulator
approved drilling plans on Thursday for five offshore projects
with investment commitments totaling about $380 million, more
than half of which was pledged for a shallow water block
operated by Talos Energy.
... U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports.
... * Indexes up: Dow 0.83 pct, S&P 1.06 pct, Nasdaq 1.72 pct
(New throughout, updates prices, market activity and comments
to market close)
... Tesla Inc has cut prices on its
residential solar systems by as much as 25 percent in a bid to
lift lagging sales after the company streamlined its sales and
marketing organization, a company official told Reuters on
Thursday.
... Chip gear maker Applied Materials Inc
forecast current-quarter revenue and profit below Wall
Street estimates on Thursday, sending its shares down 3 percent
in extended trading.
... A Democratic U.S. senator
said on Thursday she will ask Facebook Inc and the
Justice Department about a media report that the company hired
an outside firm to attack critics, warning that such action
could raise campaign finance issues.
... A gauge of global stocks climbed on Thursday after five sessions of declines as Wall Street surged on trade optimism, while sterling tumbled as political developments in Britain rippled through markets.
... * Oil rebounds on lower U.S. stockpiles
(Updates with close of U.S. trading)
...Intel adds $15 bln to its buyback program
Bankrupt Sears wins court approval for plans to sell stores
Mexican oil regulator approves $380 mln investment for 2019 projects
Wall Street climbs on hopes of easing trade tensions
US STOCKS-Wall Street climbs on hopes of easing trade tensions
UPDATE 1-Tesla slashes prices on home solar systems to spur sales
UPDATE 1-Applied Materials’ forecast misses estimates, shares drop
U.S. senator to query Facebook about report on treatment of critics
World stocks rebound, Brexit blow-up levels sterling
GLOBAL MARKETS-World stocks rebound, Brexit blow-up levels sterling