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date
18/09/2025
Cooper Cos. announced that its board of directors has approved an increase of $1 billion in its stock buyback program. The medical equipment company stated on Wednesday that the total size of its stock buyback program now stands at $20 billion. CEO Al White said that this decision reflects the company's strong balance sheet and the board's confidence in the company's long-term growth.
Latest
1 m ago
After the employment data was released, the Australian dollar fell by 0.2% against the US dollar.
2 m ago
The precious metals sector collectively opened lower, with Western Gold and Xiaocheng Technology falling more than 5%.
2 m ago
Australia's employment decreased by 5,400 people in August, below the expected 21,000.
3 m ago
Government bond futures opened collectively lower, with the 30-year main contract falling 0.10%.
3 m ago
Moody's rating agency released a report on September 17th local time, pointing out that Oracle's $300 billion contract highlights its extraordinary potential in the AI business, but related risks remain significant. Moody's stated that the recent disclosure of the $300 billion AI contract by Oracle will not affect its Baa2 rating or negative outlook. The size of this contract is astounding and highlights the enormous potential of Oracle's artificial intelligence infrastructure business. However, as Moody's stated in its rating action in July 2025, related construction risks remain significant.
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