28 April

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Facebook Earnings, Revenue beat in Q1 By Investing.com

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Facebook (NASDAQ:FB) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Facebook announced earnings per share of $3.3 on revenue of $26.17B. Analysts polled by Investing.com anticipated EPS of $2.33 on revenue of $23.63B. Facebook shares are up 41% from the beginning of the year and are trading at $322.15 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.41% from the start of the year. Facebook shares gained 5.02% in after-hours trade the report. Facebook follows other major Technology sector earnings this month Facebook's report...

28 April

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UK PM Johnson thanks Northern Ireland First Minister Foster for dedication By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson thanked Arlene Foster for her dedication to the people of Northern Ireland after the First Minister said she would step down, bowing to pressure from members of her Democratic Unionist Party. "I want to thank Arlene Foster for her dedication to the people of Northern Ireland over many years," Johnson said in a tweet. "She will continue to play a vital role as First Minister until June and I hope that she stays in public service for years to come." ...

28 April

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Canada shares higher at close of trade; S&P/TSX Composite up 0.98% By Investing.com

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Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Healthcare, IT and Energy sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.98% to hit a new all time high. The biggest gainers of the session on the S&P/TSX Composite were Shopify Inc (TSX:SHOP), which rose 10.84% or 155.01 points to trade at 1585.46 at the close. OrganiGram Holdings Inc (TSX:OGI) added 8.67% or 0.28 points to end at 3.51 and Aphria Inc (TSX:APHA) was up 7.73% or 1.400 points to 19.510...

28 April

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UK’s BT Group in talks to divest stake in television unit -The Telegraph By Reuters

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(Reuters) - BT Group (LON:BT) Plc is in talks with Amazon.com Inc (NASDAQ:AMZN), Walt Disney (NYSE:DIS) Co and Sport streaming app DAZN to divest a stake in its television unit BT Sport, The Telegraph reported on Wednesday. (https:// A British broadcaster is also involved in the discussions and potentially leading the bidding, the report said, citing City sources. BT Group declined to comment. Amazon and Disney did not respond immediately to a Reuters request for comment. ...

28 April

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WATCH LIVE: Fed Chair Jerome Powell press conference post April 2021 decision By Investing.com

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Key Points from the statement: Keeps target range for Fed Funds Rate at 0.00%-0.25% Maintains pace of QE programme ($80bln per month of US Treasuries) Indicators of economic activity and employment have strengthened amid progress on vaccinations and strong policy support Inflation has risen, largely reflecting transitory factors All members of FOMC voted in favour of the policy action Link to FOMC statement here Watch Fed Chair Jerome Powell’s press conference live below: ...

28 April

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.29% By Investing.com

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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Oil & Gas Producers, Banking and Construction & Materials sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.29%. The biggest gainers of the session on the Investing.com United Kingdom 100 were WPP PLC (LON:WPP), which rose 4.27% or 40.60 points to trade at 991.60 at the close. Lloyds Banking Group PLC (LON:LLOY) added 3.51% or 1.53 points to end at 45.10 and BP PLC (LON:BP) was up 3.12% or 9.20 points to...

28 April

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S&P 500 Hovering Near Record Highs Ahead of Fed Decision By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 held steady near record highs Wednesday, as gains in energy were offset by a fall in tech stocks ahead of a key decision from the Federal Reserve. The S&P 500 was up 0.1% and had hit a intraday record of 4,196.80. The Dow Jones Industrial Average fell 0.3%, or 110 points, and the Nasdaq Composite slipped 0.1%. Energy stocks were boosted by a rise in oil prices after data showing a smaller-than-expected build in weekly U.S. crude inventories cooled investor worries that rising global infections will soften demand....

28 April

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WH Smith warns of possible 2022 covenant test breach, posts half-year loss By Reuters

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(Reuters) - UK's WH Smith (LON:SMWH) Plc on Wednesday warned of the possible risk of breaching its covenant tests in 2022 after it slumped to a first-half loss and launched a potential 325 million-pound ($450 million) bonds offering as the retailer navigates the COVID-19 crisis. The company, which sells everything from books and sandwiches to Bluetooth headphones, said in a statement under a severe but plausible scenario, "it was likely that the group would not meet the conditions of the August 2022 covenant tests." "If this situation prevailed, the group would engage its lending banks in...

28 April

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English medic hopes vaccines limit damage of any third COVID wave By Reuters

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LONDON (Reuters) - Progress with Britain's vaccine rollout should limit the damage from any third wave of COVID-19 infections, one of England's top doctors said on Wednesday, adding that there would likely still be bumps in the road in the coming year. England's Deputy Chief Medical Officer Jonathan Van-Tam said that the "modelling consensus is clear that we will have what is called a third wave." "I am personally hopeful that if the vaccine programme continues at pace, and continues to be as successful as it's been, the third wave, so to speak, might...

28 April

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Brexit hit to British banks still not fully felt, UK finance ministry says By Reuters

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By Huw Jones LONDON (Reuters) - The hit to the City of London from Brexit has been less severe than initially predicted but may have further to play out, Britain's top financial services official said on Wednesday. Britain was under "no illusions" that a post-Brexit "steady state" has been reached, in terms of banks settling on locations for their European operations, Katharine Braddick, head of financial services at Britain's finance ministry told an event held by the Peterson Institute for International Economics. "There is still a lot in play," she said. Banks in London face pressure...

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Facebook Earnings, Revenue beat in Q1 By Investing.com

UK PM Johnson thanks Northern Ireland First Minister Foster for dedication By Reuters

Canada shares higher at close of trade; S&P/TSX Composite up 0.98% By Investing.com

UK’s BT Group in talks to divest stake in television unit -The Telegraph By Reuters

WATCH LIVE: Fed Chair Jerome Powell press conference post April 2021 decision By Investing.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.29% By Investing.com

S&P 500 Hovering Near Record Highs Ahead of Fed Decision By Investing.com

WH Smith warns of possible 2022 covenant test breach, posts half-year loss By Reuters

English medic hopes vaccines limit damage of any third COVID wave By Reuters

Brexit hit to British banks still not fully felt, UK finance ministry says By Reuters

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