Global confectionary group, Ferrero, announced on Wednesday it will acquire the Nestle’s US candy bar line for $2.8bn in cash.
Dutch company ASML delivered a profit beat of €644m ($788.32m) for the quarter ending December up from €524m a year earlier and strength of the semiconductor industry buoyed its 2018 outlook.
Earlier on Tuesday the Dow sprinted to a record high before giving up those gains in mixed trading.
Cryptocurrencies’ double-digit descent saw the main alt coins falling between 23% and 14% as rattled investors continued a selloff amidst fears of a South Korea crackdown.
Stock prices advanced broadly as investors with earnings squarely in sight stepped up buying sending the three main gauges to touch record highs.
At 15:02 GMT, the Footsie dipped 3 points or -0.046% at 7,759.2 as commodities stocks put pressure reversing earlier gains.
BP shares slid close to 2% in trading on Tuesday after the oil giant said it would take a charge of around $1.7bn in its fourth quarter 2017 results.
Google aims to ramp up its cloud computing business by hooking up five new regions and adding three subsea cables expanding its networks for its customers the company said on Tuesday.
Since news broke 3 January about the flaw in chips that exposed computers and devices to securities vulnerabilities Spectre and Meltdown, a few tech companies have seen share prices buffeted and others have seemingly crested the tsunami of bad news.
Serco and Kier were among gainers today on FTSE 350 that benefitted after construction and services company, Carillion, collapsed on Monday.
Later this week Citigroup, Bank of America and Goldman Sachs will be among the banks announcing fourth-quarter earnings and expectations are that the tax law will deliver temporary pain from one-time accounting charges.
Stocks released the pause button and breezed to fresh highs buoyed by prospects of corporate prosperity in both tech and energy, Nasdaq rose 0.77% to 7,208.71.
Hurricanes Harvey, Irma and Maria (HIM) wreaked a path of destruction and devastation across the Caribbean and the US for residents and businesses alike and the fallout was also felt by (re)insurers covering those regions
There was a seismic reaction from the cryptocurrency market to news that the South Korean government is preparing a bill to ban local cryptocurrency exchanges sending major coins: Bitcoin, Ethereum, Ripple and Litecoin tumbling earlier on Thursday before paring those losses.
Growth in global auto sales is expected to slow down in 2018 while remaining at record levels according to a recent report from IHS Market.