RefBan

Referral Banners

Wednesday, December 17, 2014

Daily Investor Briefing: Fed confident about U.S. growth,...

Click to View in Browser
12/17/2014
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
Fed confident about U.S. growth, opens door wider to rate hike
WASHINGTON (Reuters) - The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep them near zero for a "considerable time" in a show of confidence in the U.S. economy.
S&P posts best day since Oct 2013 after Fed
NEW YORK (Reuters) - U.S. stocks rallied on Wednesday, giving the S&P 500 its best day since October 2013 as the Federal Reserve gave an upbeat assessment of the economy and said it would take a patient approach toward lifting interest rates.
FedEx profit misses expectations; stock down
CHICAGO (Reuters) - FedEx Corp on Wednesday posted lower-than-expected quarterly earnings as results at its FedEx Ground and FedEx Freight units missed estimates, and it reiterated an outlook analysts consider conservative, sending its stock down nearly 5 percent.
Boeing to make 754 commercial jet deliveries in 2015: trade group
SEATTLE (Reuters) - Boeing Co will deliver a record 754 commercial aircraft in 2015, an increase of up to 5.5 percent, the U.S. Aerospace Industries Association forecast on Wednesday, reflecting expectations of steadily rising production at the world's biggest plane maker.
General Mills profit beats estimates due to cost cuts
(Reuters) - General Mills Inc affirmed its full-year forecast and reported a higher-than-expected quarterly profit on Wednesday, and the maker of Cheerios cereal and Betty Crocker cake mixes said it would increase sales through new products.
PepsiCo earnings may be pressured by currency fluctuations
(Reuters) - PepsiCo Inc earnings could come under pressure in the fourth quarter due to currency fluctuations, investors said, as the company's biggest foreign markets - Russia, Mexico and Canada - have all taken hits to their currencies in recent months.
Airbus reshuffle prepares planemaker for record jet output
PARIS (Reuters) - A management reshuffle at Airbus this week marks another step towards focusing Europe's biggest aerospace company on industrial performance rather than the political interests of key shareholders France and Germany, industry sources said.
U.S. consumer prices fall on gasoline; eyes on Fed
WASHINGTON (Reuters) - U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but that did not change views the Federal Reserve would start raising interest rates in mid-2015.
Oil surges in about-face as some bet sub-$60 Brent won't last
NEW YORK (Reuters) - World oil prices jumped as much as 6 percent on Wednesday before closing off their peaks as weeks of nearly non-stop selling abruptly halted, and traders said failure to break below key chart support levels meant a long rout may be running out.
Russian ruble firms sharply as government pressures exporters
MOSCOW (Reuters) - Russia's ruble strengthened sharply on Wednesday after dramatic falls on the previous two days as the government pressured exporters not to hoard foreign-currency earnings and the central bank announced new measures to support financial stability.
Related Video
Breakingviews: Rum and Cokes over Christmas
FedEx profit rises but misses target
Related News

Janus Capital Group says launching EM managed volatility fund

Act now: Congress delivers a few last minute tax savers
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
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  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com 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