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H&M, STMicro results boost European stocks at start of new quarter

H&M, STMicro results boost European stocks at start of new quarter

10/1/2020 12:25:00 PM

H&M, STMicro results boost European stocks at start of new quarter

European stocks rose on Thursday as Swedish retailer H&M and French-Italian chipmaker STMicroelectronics jumped after reporting forecast-beating results, while hopes of more U.S. stimulus aided global sentiment.

after it flagged that adjusted profit may slip next year and it may have to write down the value of agriculture assets by close to 10 billion euros.A final reading of German manufacturing activity in September showed recovery accelerated, with IHS Markit’s Purchasing Managers index (PMI) rising to 56.4, even though it was below a flash estimate of 56.6.

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Spanish and French PMI readings were better than expected, while the broader euro zone recovery was in line with expectations.British retailer Halfordsraced 20% higher after raising its first-half profit outlook as a coronavirus-driven cycling boom continues.

Italy's Banco BPMrose 1.6% after sources told Reuters that bad loan managers AMCO and Credito Fondiario are in a race to buy loans known as 'unlikely to pay' worth around 1 billion euros from the bank. Read more: Reuters Top News »

2-year-old immediately calms crying baby sister in viral video

Kristen Reformato of New Jersey said this isn't the first time her son Beau acted as baby whisperer to her 6-month-old daughter Ainsley.

STMicro says strong third quarter will help it beat 2020 expectationsSTMicroelectronics' saw a sharp rise in automotive and microcontrollers demand in the third quarter, setting it on course to top its 2020 guidance, the semiconductor maker said on Thursday. ST Micro big quarter. Shares breaking out. Chart shaping up.

There are signs that Europe's second wave might have peaked in UK and elsewhereThere is cause for cautious optimism in some European countries battling the second wave of the coronavirus pandemic, as the rate of daily new infections starts to stabilize.

Trump Signs Continuing Resolution To Fund The Government Through Dec. 11The move averted the possibility of a government shutdown when the new fiscal year starts Thursday.

European stocks expected to open higher, tracking gains on Wall StreetEuropean stocks are expected to open higher Thursday, tracking gains on Wall Street in the previous session. must be read

Beauty icon Bobbi Brown has this advice for small business owners during the pandemicBobbi Brown, who started over with a new business since leaving Bobbi Brown Cosmetics, said entrepreneurs need to start thinking outside of the box.

4 tips to help your business survive the coronavirus pandemic from beauty icon Bobbi BrownBobbi Brown, who started over with a new business since leaving Bobbi Brown Cosmetics, said entrepreneurs need to start thinking outside of the box. acorns We R wondering where FOX find these bias,divider&brainless Doctors to say exactly what FOX wanted them to say about Mask,social distancing&shamefully contradicting all guidelines set by CDC&Tru's task force experts that also match with WHO. FOX channel IS THREAT to our DEMOCRACY