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Reuters BusinessApr 25, 2018
Trump, Apple CEO to meet as U.S.-China trade row roils tech sector
WASHINGTON (Reuters) - President Donald Trump will meet with Apple Inc Chief Executive Officer Tim Cook on Wednesday, as the technology industry finds itself in the crosshairs of a U.S. trade spat with China, a manufacturing hub for the iPhone maker and other companies.

Reuters BusinessApr 25, 2018
Global banks fear China will limit JV control through new rules
HONG KONG/SHANGHAI (Reuters) - Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.

Google Business NewsApr 25, 2018
Premarket: Futures Slip, But Boeing, Twitter, 3 Chip Stocks Soar - Investor's Business Daily


Premarket action pointed to a weak open on Wednesday, despite strong stock futures gains from Boeing (BA), Twitter (TWTR) Cree (CREE) and others after positive quarterly reports. X. Error loading player: No playable sources found. Dow Jones futures
Stock market on t

Reuters BusinessApr 25, 2018
Dow futures erase losses after strong Boeing results
(Reuters) - Dow Jones Industrial Average futures erased losses on Wednesday after Boeing reported strong results and forecast, but concerns about rising U.S. bond yields and corporate costs continued to weigh on U.S. stocks.

MarketWatch MarketPulseApr 25, 2018
Verizon stock gains after SunTrust upgrades to buy
Shares of Verizon Communications Inc. are up 0.7% in premarket trading Wednesday after the stock was upgraded to buy from hold at SunTrust Robinson Humphrey. "We believe fundamentals are stabilizing, as evidenced by 1Q18 results, and valuation is relatively attractive vs. peers and the broader market," wrote analyst Greg Miller. He said that Verizon is less exposed than AT&T Inc. to "declining legacy businesses" such as wireline and pay-TV. Miller also wrote that Verizon is following a "disciplined capex strategy," with plans to spend at similar levels to years past even as it works toward the rollout of 5G. "While we cannot rule out a large, potentially risky M&A event, we think VZ has demonstrated discipline in this regard and continues to be better positioned vs. AT&T, its largest peer, which faces greater headwinds from legacy businesses and M&A risk," wrote Miller, who has a $58 target price on the stock. Verizon shares are down 6.2% so far this year, compared with a 2.8% drop for the Dow Jones Industrial Average .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Alphabet stock rises after Stifel upgrades to buy (MarketWatch MarketPulse)

Reuters BusinessApr 25, 2018
Boeing cruises past forecasts as margins, sales grow
(Reuters) - Boeing Co's profit jumped by more than half in the first quarter, surging past Wall Street forecasts, and strong sales of commercial jets led it to raise its forecasts for cash flow and earnings after a record 2017.

Google Business NewsApr 25, 2018
Asian shares follow Wall Street lower as US bond yields top 3% - Business Day

Business Day

Tokyo — Asian shares fell on Wednesday as a rise in US bond yields to 3% and warnings from bellwether US companies of higher costs drove fear that corporate earnings could soon peak. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0

Google Business NewsApr 25, 2018
Boeing Shakes Off Trade-War Jitters as Cash Gain Beats Estimates - Bloomberg


Boeing Co. rose as better-than-expected cash and profit signaled that trade tensions haven't yet hurt the largest U.S. exporter's planemaking business. Free cash flow climbed to $2.74 billion, the company said in a statement Wednesday. That topped the
Boeing crushes earnings estimates, raise

Reuters BusinessApr 25, 2018
Comcast offers $31 billion for Sky, going head-to-head with Fox
LONDON (Reuters) - U.S. cable company Comcast Corp submitted a 22 billion pound ($31 billion) offer for pay-TV group Sky on Wednesday, challenging an already agreed but lower takeover bid from Rupert Murdoch's Fox .

Reuters BusinessApr 25, 2018
Boeing beats profit estimates, margins rise
(Reuters) - Boeing Co on Wednesday reported a higher-than-expected quarterly profit and raised its full-year forecast for earnings per share and cash flow, boosted by strong demand for air travel.

Google Market NewsApr 25, 2018
WhatsApp raises minimum age to 16 in Europe ahead of GDPR - TechCrunch


Tech giants are busy updating their T&Cs ahead of the EU's incoming data protection framework, GDPR. Which is why, for instance, Facebook-owned Instagram is suddenly offering a data download tool. You can thank European lawmakers for being able to take

Reuters BusinessApr 25, 2018
GM may raise investment plan for South Korean unit: source
SEOUL (Reuters) - General Motors Co and the South Korean government are considering raising the size of their investment in the U.S. automaker's South Korean subsidiary from a previously proposed $2.8 billion, a senior government official with direct knowledge of the matter said on Wednesday.

Google Business NewsApr 24, 2018
Google's stock clobbering shows just how freaked out Wall Street is about the online ad business right now - Business Insider

Business Insider

Google shares finished down for the second day in a row following mixed earnings. Even an analyst who trimmed his price target called it an "overreaction." One analyst said those selling Google may anticipate bad news coming from Facebook's quarterly

Reuters BusinessApr 24, 2018
United Airlines CEO forgoes 2017 bonus, board chairman to step down
NEW YORK (Reuters) - United Airlines' chief executive decided to do without his 2017 annual bonus and the carrier's board chairman will step down, United said in a regulatory filing on Monday, amid ongoing fallout surrounding its customer-service failures.

Accounting TodayApr 24, 2018
Tax reform could mean big M&A payday for U.S. private cos.
The TCJA's lower business rates could spur a boom in merger and acquisition activity.

Reuters BusinessApr 24, 2018
GM, South Korea weigh raising investment plan in unit from $2.8 billion: source
SEOUL (Reuters) - General Motors and South Korea are considering increasing the size of their investment in the U.S. automaker's local unit from a previously proposed $2.8 billion, a senior government source with direct knowledge of the matter said on Wednesday.
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