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European tech, luxury stocks tumble as ASML, LVMH results disappoint

By Paolo Laudani and Ankika Biswas (Reuters) – Europe’s tech and luxury stocks slumped on Wednesday after disappointing results from industry heavyweights…
Stock

Abbott bumps up profit forecast on strong medical device sales

(Reuters) -Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand…
Stock

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.00%

Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Mining, Household Goods & Home Construction and…
Stock

Stellantis recalls 54,000 hybrid SUVs worldwide over brake pedal defect

WASHINGTON (Reuters) – Carmaker Stellantis (NYSE:STLA) said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in…
Stock

General Motors to contribute $625 million to new JV with Lithium Americas

(Reuters) -Canadian miner Lithium Americas (NYSE:LAC) said on Wednesday General Motors (NYSE:GM) will contribute $625 million to their new joint venture for…
Stock

Klarna agrees to loan portfolio sale deal with Elliott – reports

Investing.com — Payments services operator Klarna is selling most of its UK “buy now, pay later (BNPL)” portfolio to hedge fund Elliott Investment…
Stock

Earnings call: Omnicom reports strong Q3 growth, forms new advertising group

Omnicom Group (NYSE: NYSE:OMC) reported strong organic growth of 6.5% in the third quarter of 2024, matching growth in the U.S. market….
Stock

Earnings call: Interactive Brokers reports strong Q3 amid favorable market

Interactive Brokers Group (NASDAQ: NASDAQ:IBKR) reported robust financial results for the third quarter of 2024, benefiting from a favorable market environment following…
Stock

U.S. Bancorp earnings beat by $0.04, revenue fell short of estimates

Investing.com – U.S. Bancorp (NYSE: USB) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for…
Stock

Earnings call: Hancock Whitney reports $116m net income in Q3, NIM expands

Hancock Whitney Corporation (NASDAQ:HWC) reported a net income of $116 million, or $1.33 per share, for the third quarter of 2024, marking…
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