Business

European markets edge higher as Brexit talks rumble on

The pan-European Stoxx 0 was up around 0.12 percent, with most sectors along with major bourses in positive territory. Europe’s media stocks led the gains, up 1.5 percent amid earnings news. France’s Publicis was the top sectoral performer, after the globe’s third-biggest advertising company said net revenue rose 1.3 percent from the third quarter. Shares of the Paris-listed stock were ...

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Ericsson earnings q3 2018

Simon Dawson | Bloomberg via Getty Images Visitors pass through the entrance to the Ericsson AB pavilion at the Mobile World Congress in Barcelona, Spain, on Tuesday, Feb. 26, 2013.  The Swedish mobile telecom gear maker appears to be benefitting via rising competition among the four top U.S. carriers, which are all desperately trying to be the first to deliver ...

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Uber raises $2 billion in debut junk bond sale ahead of IPO

Anindito Mukherjee | Getty Images Dara Khosrowshahi, chief executive officer of Uber, looks on following a 2018 event in brand-new Delhi, India. Uber has raised $2 billion in a junk bond sale, according to a report, as the idea gears up for its 2019 stock market debut. The ride-hailing firm raised $1.5 billion through the sale of eight-year notes using ...

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Beyond Meat vegan food company taps investment banks for IPO

Beyond Meat has hired investment banks for an initial public offering, people familiar with the matter tell CNBC. The plant-based food company has tapped J.P Morgan, Goldman Sachs in addition to Credit Suisse to help lead the IPO, said the people, who asked not to be named because the talks are private. of which could not be immediately determined what ...

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Sealed Air falls after weak preliminary Q3 earnings

Sealed Air shares fell after the bubble wrap maker previewed disappointing third-quarter earnings along with slashed its full-year profit outlook on Wednesday. The company said in which expects third-quarter earnings per share between 60 cents along with 61 cents. Analysts had expected earnings of 66 cents per share, according to a Refinitiv consensus estimate. CEO Ted Doheny said in a ...

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The Fed may already be winning the war against inflation

CNBC’s Jim Cramer argued on Wednesday of which “mixed” economic data, coupled with more hawkish rhetoric via the Federal Reserve, were to blame for the stock market’s volatile trading session. “Remember what’s at stake here. We are at of which point inside midst of earnings season, where we can piece together a mosaic of what’s actually going on inside economy. ...

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Alphabet as well as Amazon are still buys after Netflix earnings beat

CNBC’s Jim Cramer has spotted some attractive buying opportunities in FAANG — his acronym for the stocks of Facebook, Amazon, Apple, Netflix as well as Google, currently Alphabet — after the market’s latest sell-off. “Just as before, reports of FAANG’s death proved to be premature,” the “Mad Money” host said Wednesday after Netflix’s earnings beat. “as well as, amazingly, I ...

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Cramer flags 5 industrial stocks he likes right right now, including Boeing

In second place was aerospace colossus Boeing, shares of which are still up 24 percent for the year despite last week’s sell-off in addition to lingering concerns around how trade disputes could affect the company’s business in China. however Boeing’s business cycle “transcends the gyrations of the broader economy” because its key driver will be the “long-term rise of the ...

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