Finance

UK posts record budget surplus in January

Jeremy Hunt, UK chancellor of the exchequer, holding the despatch box as he stands with treasury colleagues outside 11 Downing Street in London, UK.. Bloomberg | Bloomberg | Getty Images LONDON — The U.K. logged a record £16.7 billion ($21.1 billion) net budget surplus in January, according to official figures released on Wednesday. The Office…

Finance

Stocks making the biggest moves after hours: Palo Alto Networks, SolarEdge Technologies, Diamondback Energy and more

Check out the companies making headlines after the bell. Palo Alto Networks – Shares declined nearly 19% after the cybersecurity company’s full-year guidance missed expectations. Palo Alto Networks said it predicts full-year revenue growth of 15% to 16%, down from earlier guidance of 18% to 19% growth. The company also reduced its full-year billings forecast.…

Finance

Stocks making the biggest moves premarket: Home Depot, Walmart, Intel, Arm Holdings and more

Check out the companies making headlines during premarket trading. Home Depot — Shares slipped about 2.5% after the retailer beat its fiscal fourth-quarter estimates on the top and bottom lines, but issued lower-than-expected guidance. The company forecast full-year revenue growth of 1%, while analysts polled by FactSet expected 1.6%.Net income and sales also fell throughout…