Dollar Tree increases the treasury stock

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

Dollar Tree Inc agreed to buy back $300 million of its shares from Wells Fargo Bank to facilitate its buyback programme. Dollar Tree already plans to repurchase $200 million of shares from JPMorgan Chase & Co under approved buyback budget of $500 million. Many companies now consider repurchasing its stock as markets remain extremely volatile. The stocks of Dollar Tree closed at $75.69 yesterday gaining 35% in 2011.

Back to articles

Actual Topics

Tue, 22 Nov 2011 15:12:16 GMT

Lower growth forecast decreases Dollar value

Treasury prices slightly increased while the dollar suffered losses after the US government announced the decrease in its projected GDP growth from 2.5% to 2% in Q3. The dollar index was traded at 78.23 down from 78.20. The euro gained on the dollar index decrease and was $1.3523 from $1.3527. Yields on 10-year notes declined by one basis point to 1.96%.

Tue, 22 Nov 2011 15:03:39 GMT

US cuts its growth forecasts

US economy develops slower than expected. The Commerce Department decreased its projected growth rate from 2.5% to 2% in Q3. Lower growth rate was mainly caused by companies reducing inventories and decreasing investments. Experts expect the growth cut to 2.3%. However, the rate is quite promising as it is the highest since the end of 2010.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.