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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170 days ago
Swiss Market Ends Notably Lower
The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.
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5h 2min ago
U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes
The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.
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5h 16min ago
European Stocks Close Lower As Strong U.S. Jobs Data Fuels Interest Rate Concerns
European stocks closed lower on Friday after stronger-than-expected U.S. jobs data raised concerns that the Federal Reserve will hold interest rates at current levels for longer. Higher Euro zone bond yields, and potential tariff hikes by the U.S. weighed as well on investor sentiment.
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5h 17min ago
Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns
Canadian stocks are down sharply on Friday with stronger-than-expected U.S. jobs data raising concerns that the Federal Reserve will likely hold interest rates unchanged from current levels for sometime.
Also, a buoyant Canadian employment reports has dimmed the prospects for further easing by the Canadian central bank for now.
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6h 28min ago
U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge
Consumer sentiment in the U.S. has unexpectedly seen a modest deterioration in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index edged down to 73.2 in January from 74.0 in December. Economists had expected the index to inch up to 74.5.
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8h 22min ago
U.S. Job Growth Far Exceeds Estimates In December
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of December. The Labor Department said non-farm payroll employment surged by 256,000 jobs in December after jumping by a downwardly revised 212,000 jobs in November. Economists had expected employment to climb by 160,000 jobs.
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9h 4min ago
U.S. Employment Surges Much More Than Expected In December
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of December.
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10h 12min ago
