Referral Banners

Monday, October 20, 2014

Daily Investor Briefing: Strong earnings lift Wall St. despite...

Click to View in Browser
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Strong earnings lift Wall St. despite IBM's flop
NEW YORK (Reuters) - U.S. stocks rose on Monday, supported by strong corporate earnings, even as disappointing results from IBM capped gains in the Dow industrials.
Apple sells better-than-expected 39.3 million iPhones in Sept quarter
SAN FRANCISCO (Reuters) - Apple Inc posted better-than-expected revenue after its best new-iPhone launch on record, pushing sales of the smartphone to 39.27 million in the September quarter.
Valeant says may raise Allergan bid; beats on profit
(Reuters) - Valeant Pharmaceuticals International Inc VRX.TO VRX.N said on Monday that it may raise its bid for Botox maker Allergan Inc AGN.N after the Canadian company posted a better-than-expected quarterly profit.
Top Allergan holder Paulson urges deal with Shire: sources
(Reuters) - Allergan Inc shareholder Paulson & Co is urging the Botox maker to merge with specialty pharmaceutical company Shire Plc as an alternative to a deal with hostile bidder Valeant Pharmaceuticals International Inc , according to two people familiar with the matter.
IBM ditches 2015 operating EPS target, shares slump 7 percent
(Reuters) - International Business Machines Corp IBM.N reported a marked slowdown in business in September and abandoned its 2015 operating earnings target on Monday, as weak client spending and a slumping software sector weighed down quarterly revenue.
Deaths linked to GM ignition-switch defect rise to 29
DETROIT (Reuters) - A program to compensate victims of a faulty ignition switch in General Motors Co vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing the program.
SunEdison shares rise on report of Einhorn recommendation
NEW YORK (Reuters) - SunEdison Inc's shares shot higher on Monday and its options activity spiked up following a report that Greenlight Capital Inc's David Einhorn recommended the stock at a closed-door investor conference in New York on Monday.
Adidas shares jump on report of bid for Reebok unit
BERLIN (Reuters) - Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government planned a $2.2 billion bid to buy Reebok.
Marc Andreessen quits eBay board ahead of PayPal spinoff
(Reuters) - Venture capitalist Marc Andreessen said he was quitting EBay Inc's board following the online retailer's decision last month to spin off its electronic payment unit, PayPal.
U.S. risks trade sanctions in WTO meat label dispute
GENEVA/WASHINGTON (Reuters) - The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on Monday it had failed to bring its meat labeling regulations fully in line with international fair trading rules.
Related Video
Apple Pay goes live
Breakingviews: Bleak day at Big Blue
Related News

Greenlight's Einhorn bets on Greek banks, still likes Sunedison

U.S. student loan debt is not killing homeownership
Before the Bell
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: