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Tag Archives: business news

European markets react as U.S. sees rate induced sell-off

LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …

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Walmart, Hormel Foods, Marriott, others

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …

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How tech is changing the homes we live in

Driven by advances in tech and the advent of high-speed internet connections, many of us now have easy access to a raft of information about the buildings we live in. Thanks to the proliferation of hardware and software within the home, this trend shows no sign of letting up and …

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U.S. election results being watched closely

LONDON — European stocks advanced on Wednesday as investors around the world keep watch on the results of the U.S. election. Following a turbulent open, the pan-European Stoxx 600 was up by around 0.6% by late morning, with healthcare stocks jumping 3% while banks shed 1.8%. The results of the …

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