US stocks surge | Announced a new 20 billion euro buyback plan, Vodafone (VOD.US) rises more than 7%

According to the Securities Times APP, Vodafone (VOD.US) rose more than 7% on Tuesday, reaching a two-year high of $10.32. On the news front, Vodafone released its latest financial report, with the data showing a continued decline in revenue in its key German market. The company predicts that the growth resistance in its largest market of Germany will lead to only flat or slight profit growth in the new fiscal year.