Experian plc (EXPN.L)
- Fool.co.uk
Why the Experian share price is soaring after Q4 results
The Experian share price is at all-time highs after the company’s latest trading update. But does 6% revenue growth justify a P/E ratio of 42? The post Why the Experian share price is soaring after Q4 results appeared first on The Motley Fool UK.
- Reuters
UPDATE 2-Upbeat earnings lift STOXX 600 to record high, real estate stocks shine
Europe's main share index notched a record high on Wednesday, as investors cheered robust earnings from the likes of UK's Experian and Germany's Commerzbank, while rate-sensitive stocks got a boost after a softer-than-expected U.S. inflation print. The pan-European STOXX 600 was up 0.6%, with Germany's DAX and France's CAC 40 index also closing at all-time highs.
- Reuters
Housing stocks push FTSE 100 to a record close
(Reuters) -Britain's FTSE 100 closed at an all-time high on Wednesday, lifted in part by housebuilder stocks buoyed by hopes of an interest rate cut, while Burberry's shares sank after it reported a sharp fall in quarterly sales. Wall Street's S&P 500 touched its life high after data showed U.S. consumer prices increased less than expected in April, boosting financial market expectations for a September interest rate cut. The bets on monetary policy easing by the Federal Reserve and other major central banks hammered U.S. and UK bond yields, with the 10-year gilt yield falling to its lowest since April 10.
