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Comcast (CMCSA) Q3 2020 earnings

Brian Roberts, CEO, Comcast David A. Grogan | CNBC Comcast reported earnings for its third quarter of 2020 before Thursday, beating analysts’ estimates on the top and bottom line. Comcast also beat estimates for high-speed Internet add-ons and reported further growth in its new streaming service. The share rose by approx. 2% after earnings were released. Here are the key …

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Tiffany accepts new contract terms with LVMH

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Tiffany & Co. agreed to accept a lower price in its acquisition of LVMH Moët Hennessy Louis Vuitton SE, thus ending a dispute between the luxury goods companies that erupted after the coronavirus pandemic. The companies have reached agreement on new terms of contract that call on …

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Walmart turns four stores into e-commerce labs

Walmart store tests new technology Source: Walmart Walmart is turning four of its stores into labs testing ways to turn the retailer’s large physical footprint into a more powerful e-commerce edge. The big-box giant said Thursday it is designating two stores near its headquarters in Bentonville, Arkansas, and two others that will be announced later. It said the stores and …

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The best investment in 5G pure-play is in mobile phone tower operators

The potential for 5G is already on the radar of investors around the world, and revenue from 5G wireless network infrastructure is expected to reach $ 8.1 billion by 2020. That represents a 96% increase from 2019, according to Gartner, a research firm. As COVID-19 continues its destructive path, many countries and regions around the world see 5G expansion as …

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European equities climb to five-month low as traders wait for ECB, US GDP and earnings wave

German Chancellor Angela Merkel wears a face mask as she leaves after a press conference on new coronavirus restrictions following consultations with the Prime Ministers of Germany’s 16 federal states at the Chancellery in Berlin on 28 October 2020. fabrizio bensch / Agence France-Presse / Getty Images European equities stabilized on Thursday after ending the previous session at a low …

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