Upbeat earnings lift European stocks ahead of Fed
LONDON (Reuters) – European equities advanced on Wednesday, spurred by strong corporate earnings and gains in U.S. and Asian markets on hopes that Beijing could stem the rout in its markets without damage to the world’s second biggest economy.
India’s SpiceJet in talks with Boeing, Airbus for $11 billion jet deal
NEW DELHI (Reuters) – Indian budget airline SpiceJet Ltd is in talks with Boeing Co and Airbus Group to acquire about 100 new narrow-body jets, its chief financial officer said on Wednesday, in a deal that would be worth about $11 billion at list price…
Twitter shares fall as growth of monthly users slows
(Reuters) – Twitter Inc’s shares fell more than 11 percent in extended trade on Tuesday after the microblogging company said its number of monthly average users grew at the slowest pace since it went public in 2013.
Yelp reports surprise loss, revenue forecast disappoints
(Reuters) – Yelp Inc , the operator of consumer review website Yelp.com, reported a surprise loss and forecast revenue for the current quarter that fell far below market expectations, sending its shares plummeting in after-hours trading on Tuesday.
Twitter shares fall as growth of monthly users slows
(Reuters) – Twitter Inc’s shares fell more than 11 percent in extended trade on Tuesday after the microblogging company said its number of monthly average users grew at the slowest pace since it went public in 2013.
Exclusive: TreeHouse, Post join ConAgra’s private label auction – sources
(Reuters) – ConAgra Foods Inc has started talks with TreeHouse Foods Inc and Post Holdings Inc regarding the sale of its private label unit Ralcorp, which could be valued at around $3.5 billion, according to people familiar with the matter.
P&G says David Taylor to replace A.G. Lafley as CEO
(Reuters) – Procter & Gamble Co veteran David Taylor will replace A.G. Lafley as chief executive in a widely expected move that coincides with a massive overhaul at the world’s largest household products maker.
After strong quarter, Ford aims to ‘disrupt like a startup’
DETROIT (Reuters) – Ford Motor Co’s chief executive, Mark Fields, said on Tuesday he wants the company to act “like a startup” as it prepares for an evolution of the auto industry, after it posted second-quarter profit that handily beat expectations.
Small business loans resume after Congress lifts guarantee cap
WASHINGTON (Reuters) – U.S. President Barack Obama on Tuesday signed legislation renewing federal loan guarantees for small businesses that were exhausted last week and also raising the overall cap on the program.
Wall Street not giving up on U.S. social impact bonds
(Reuters) – Wall Street firms like Deutsche Bank , Santander Bank and Bank of America are still interested in backing U.S. social impact bonds, despite the failure of the first such initiative.
