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Maplebear Board Approves $500 Mln Share Repurchase Program
(RTTNews) - Delivery company Maplebear, Inc. (CART) revealed Thursday in a form 8-K filed with the U.S. Securities and Exchange Commission that its Board of Directors have approved a share repurchase program with authorization to purchase up to an aggregate of $500 million of the Company's common stock. The Share Repurchase Program has no expiration date.
At the time of the authorization, no capacity remained under the $1 billion share repurchase program previously authorized by the Board in November 2023 and February 2024, which program resulted in the repurchase of approximately 34 million shares.
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Home Depot Partners Instacart To Offer Same-Day Delivery In As Fast As An Hour
Grocery delivery company Instacart (CART) and The Home Depot, Inc. (HD), the world's largest home improvement retailer, announced Thursday a nationwide partnership to offer same-day delivery in as fast as an hour from nearly 2000 store locations.
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322 days ago
U.S. Dollar Falls Amid US-China Tensions, Soft Inflation Data
The U.S. dollar dropped against its major counterparts in the New York session on Thursday amid rising US-China tensions and softer-than-expected inflation data for March.
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3h 39min ago
TSX Down More Than 4% As Trade Tensions Resurface
The Canadian market is deep down in negative territory on Thursday, with investors taking some profits following the previous afternoon's sharp rally after U.S. President Donald Trump announced a 90-day pause on new "reciprocal tariffs."
Also, trade tensions between the U.S. and China weigh on sentiment.
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6h 30min ago
U.S. Weekly Jobless Claims Inch Up To 223,000, In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended April 5th. The Labor Department said initial jobless claims inched up to 223,000, an increase of 4,000 from the previous week's unrevised level of 219,000. The uptick by initial jobless claims came in line economist estimates.
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9h 0min ago
U.S. Consumer Prices Unexpectedly Edge Down 0.1% In March
The Labor Department released a report on Thursday unexpectedly showing a slight decrease by U.S. consumer prices in the month of March. The report said the consumer price index edged down by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected consumer prices to inch up by 0.1 percent.
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9h 2min ago
Krispy Kreme Unveils Tax Break On Doughnuts For Tax Day
Doughnut maker Krispy Kreme Inc. has unveiled its Tax Day special offer on dozens of doughnuts for the third consecutive year. On the Tax Day on Tuesday, April 15, guests who purchase an Original Glazed or assorted dozen doughnuts at regular price in shop can receive a second Original Glazed dozen for only the sales tax in their state.
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9h 55min ago
U.S. Consumer Prices Unexpectedly Edge Lower In March
The Labor Department released a report on Thursday unexpectedly showing a slightly decrease by consumer prices in the U.S. in the month of March.
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10h 22min ago
U.S. Weekly Jobless Claims Inch Up In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended April 5th.
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10h 25min ago
