LONDON European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent days eased and oil prices recovered from Tuesday's steep falls.
The entertainment conglomerate, led by CEO Jeff Bewkes, missed revenue forecasts like Viacom did a day earlier, but predicted 2016 earnings would come in a bit better than it had said in a recent guidance downgrade.
Sears plans to speed its store closings nationally and shed assets to try to turn around the company, the retailer said Tuesday, after reporting that fourth-quarter holiday season sales will fall short of expectations.
One type of ad on Snapchat is a sponsored geofilter, a digital sticker available to users to decorate their photos as long as they are within a certain geographic area as large as the world or as small as a corner store.
When Monsanto agreed to pay regulators $80 million Tuesday for accounting missteps, the giant agribusiness's chief executive also chipped in: He voluntarily agreed to return his bonus for the years the fraud occurred.