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Thursday, April 25, 2013

Daily Investor Briefing: Wall Street climbs as profits beat,...

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04/25/2013
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
Wall Street climbs as profits beat, jobless claims fall
NEW YORK (Reuters) - Stocks rose on Thursday, buoyed by gains in shares of materials companies, including iron ore producer Cliffs Natural Resources Inc , and a drop in weekly jobless claims.
Jobless claims fall, labor market recovery advances
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, a sign there is still gas in the tank for the labor market's recovery despite signs of slower growth.
Amazon first-quarter revenue matches expectations
SAN FRANCISCO (Reuters) - Amazon.com Inc's first-quarter revenue jumped 22 percent to $16.07 billion, propelled by growing sales of digital content, cloud-computing services and gains in its main retail business.
Starbucks second-quarter profit rises
(Reuters) - Starbucks Corp reported higher quarterly profit on Thursday, helped by strength in the United States, its top market, despite an industry-wide spending downturn in February due to a U.S. payroll tax increase that lowered take-home pay.
Oil production rises for Exxon, Conoco in first-quarter
HOUSTON (Reuters) - Quarterly results from Exxon Mobil Corp and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil and gas companies are spending heavily to grow crude production.
Exclusive: Verizon eyes roughly $100 billion bid for Vodafone's wireless stake
NEW YORK/LONDON (Reuters) - Verizon Communications Inc has hired advisers to prepare a possible $100 billion bid to take full control of Verizon Wireless from its partner Vodafone Group Plc, two people familiar with the matter said.
Analysis: Centuries-old Vienna bourse seeks lifeline in Warsaw
VIENNA/WARSAW (Reuters) - The venerable Vienna Stock Exchange swallowed centuries of national pride this month to enter into talks that could lead to a merger with its upstart rival in Warsaw.
Boeing gets 50 new orders for 737 jets
(Reuters) - Boeing Co said it received 50 new orders for its 737 jets from unidentified customers.
Tesla CEO tweets strategic announcement coming Friday
DETROIT (Reuters) - Tesla Motors Inc Chief Executive Elon Musk said the electric carmaker on Friday will make a strategic announcement that according to a spokeswoman revolves around service.
New KKR payout policy buoys investors, profit tops view
NEW YORK (Reuters) - Private equity firm KKR & Co LP said on Thursday it will share 40 percent of profits from its own investments with shareholders and reported quarterly earnings that beat expectations, sending its shares to an all-time high.
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