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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146 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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4h 16min ago
European Shares Seen Mixed At Open
European stocks are seen opening on a mixed note Thursday, with the FTSE 100 likely to tick higher as the British pound dropped below $1.30 for the first time since August amid bets that slower inflation could pave the way for the Bank of England to cut interest rates again next month.
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4h 56min ago
European Economic News Preview: ECB Set To Cut Key Rates
The European Central Bank is widely expected to lower its key interest rates on Thursday as concerns about the growth outlook heightened amid inflation falling below the 2 percent target. The bank is forecast to cut the key rates by 25 basis points today after a similar reduction last month. The announcement is due at 8.15 AM ET. Later today, the bank will release the Survey of Professional Fore
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5h 31min ago
Sensex, Nifty Open Lower As Focus Shifts To Earnings
Indian shares opened on a cautious note Thursday as focus shifted to a batch of earnings due later in the day.
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5h 58min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as markets continued to benefit from optimism about the outlook for interest rates following the release of the latest US inflation data. Asian Markets closed mostly lower on Wednesday.
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7h 3min ago
Japanese Market Notably Lower
Adding to the losses in the previous session, the Japanese stock market is notably lower on Thursday after opening in the green, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 39,000 mark, with weakness in exporters and technology stocks partially offset by gains in automakers and financial stocks.
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7h 55min ago
Sensex, Nifty Seen Slightly Higher With Earnings In Focus
Indian shares may trade in a range on Thursday as investors await earnings results from prominent companies including Axis Bank, Infosys, Wipro, Nestle India, LTIMindtree and Tata Chemicals for direction.
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8h 0min ago
