By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank will keep its easy money policy unchanged on Thursday but hold the door wide open to further stimulus as the spreading second wave of COVID-19 dims an already weak outlook. Having extended stimulus well into next year with a massive...
Continue reading
Kinder Morgan (NYSE:KMI) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Kinder Morgan announced earnings per share of $0.27 on revenue of $3.12B. Analysts polled by Investing.com anticipated EPS of $0.2396 on revenue of $3.03B. Kinder Morgan shares are up 14.05% from the beginning of the year and are trading...
Continue reading
By Liz Moyer Investing.com -- Stocks rose as investors looked to the U.S.’s next chapter and the rising certainty that an additional injection of stimulus is not far off. President Joe Biden was inaugurated at 12:00 PM ET (1600 GMT) on the steps of the U.S. Capitol, which only two weeks ago was the target of an angry mob of Donald Trump supporters. The...
Continue reading
United Airlines Holdings reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. United Airlines Holdings announced earnings per share of $-7 on revenue of $3.41B. Analysts polled by Investing.com anticipated EPS of $-6.56 on revenue of $3.46B. United Airlines Holdings shares are up 4.46% from the beginning of the year and...
Continue reading
By Yasin Ebrahim Investing.com – The Dow flirted with record highs Wednesday, underpinned by Netflix-led rally in tech and ongoing optimism for further stimulus, as Joe Biden was inaugurated president of the United States. The Dow Jones Industrial Average rose 0.86%, or 264 points to $31, 196.61, just below its intraday all time high of 31,223.78. The S&P 500 was up 1.45%, while...
Continue reading
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Wednesday that the impact of lockdowns on Britain's economy seemed to be diminishing but the impact of the current one would still be pronounced. Bailey said the share of retail sales that had moved online rose sharply in 2020 as consumers and businesses adjusted to social distancing rules "We're expecting...
Continue reading
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators have sought information from advertisers regarding Google (NASDAQ:GOOGL)'s advertising technology practices, a European Commission document seen by Reuters shows. Alphabet-owned Google, the world's largest online search engine, has been hit with fines totalling 8.25 billion euros ($10 billion) in the last three years for blocking rivals in online shopping, Android smartphones and...
Continue reading
By Christiana Sciaudone Investing.com -- It's looking good for carmakers, and not just Tesla (NASDAQ:TSLA). Oppenheimer gave the Elon Musk-led company its highest price target yet at $1,036, compared to the previous high of $950. Meanwhile Deutsche Bank (DE:DBKGn) is calling General Motors Company (NYSE:GM) a buy and adding Ford Motor Company (NYSE:F) to its short-term Catalyst Buy List...
Continue reading
Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Automobiles & Parts, Industrial Metals & Mining and Healthcare Equipment & Services sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 added 0.30%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Johnson Matthey PLC...
Continue reading
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Wednesday he expected a "pronounced recovery" in Britain's economy as the country moves ahead with vaccinating its population against COVID-19. "I really do think that we are going to see a pronounced recovery in the economy as the vaccination programme, as it is doing now, rolls out," Bailey said in an...
Continue reading
English 
Russian