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Dow hits 26,000 for first time

Business RSS - 56 min 56 sec ago
(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

Shares stay on record run as metals skid

Business RSS - 1 hour 7 min ago
LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, although a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets skidding.

Some 10,000 Daimler employees strike in push for higher wages

Business RSS - 1 hour 31 min ago
BERLIN (Reuters) - Some 10,000 workers at German carmaker Daimler AG walked off their shifts for an hour on Tuesday as they sought to persuade employers to give engineering workers around Germany more pay and a shorter working week.

Suppliers and staff count the cost of UK Carillion's collapse

Business RSS - 1 hour 46 min ago
LONDON/EDINBURGH (Reuters) - The collapse of British services group Carillion started to hurt thousands of small contractors on Tuesday, with some laying off workers after the rapid demise of a company that was winning state contracts as recently as November.

GM sees flat 2018 earnings, with pickups picking up in 2019

Business RSS - 1 hour 58 min ago
DETROIT (Reuters) - General Motors Co said on Tuesday it expects earnings in 2018 to be largely flat compared with 2017, but that profits should pick up pace in 2019 as its revamped line of high-margin pickup trucks hits the U.S. market.

Citi profit tops estimates; books $22 billion tax charge

Business RSS - 2 hours 3 min ago
(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

Citigroup Plays Up Investor Payouts Once Tax Cuts Trigger Profits - Bloomberg

Google RSS - 2 hours 17 min ago

Bloomberg

Citigroup Plays Up Investor Payouts Once Tax Cuts Trigger Profits
Bloomberg
As big U.S. banks weigh how to divvy up their windfall from a massive U.S. tax cut, Citigroup Inc.'s approach appears to be set: Shower profits on investors. Lower tax rates mean the bank can stick to its multiyear plan to pay out at least $60 billion ...
Citi profit tops estimates; books $22 billion tax chargeReuters
Citi posts strong earnings, despite taking $22 billion hit from tax reformBusiness Insider
Citigroup Reports Fourth Quarter 2017 Financial ResultsBusiness Wire (press release)
CNBC -Wall Street Journal -Financial Times -The Globe and Mail
all 23 news articles »

Dow futures surge 206 points, index set to hit 26000 for the first time - CNBC

Google RSS - 2 hours 19 min ago

CNBC

Dow futures surge 206 points, index set to hit 26000 for the first time
CNBC
U.S. stock index futures were up sharply ahead of Tuesday's open following the long holiday weekend. Dow Jones industrial average futures rose 206 points, setting up the 30-stock index to break above 26,000 for the first time. S&P 500 and Nasdaq 100 ...
Dow on track to top 26000 at openReuters
Dow aims for 26000 as Wall Street eyes new milestonesFinancial Times
Dow near 26000; BP losses; US dollar weaknessCNNMoney
Morningstar.com -Armenpress.am -FX Empire
all 17 news articles »

Energizer Spends $2 Billion to Add Rayovac Brand - U.S. News & World Report

Google RSS - 2 hours 50 min ago

U.S. News & World Report

Energizer Spends $2 Billion to Add Rayovac Brand
U.S. News & World Report
FILE - This Feb. 2, 2015, file photo shows examples of new Energizer EcoAdvanced batteries, at the company's headquarters in St. Louis. Energizer will spend about $2 billion to acquire the battery and lighting assets of Spectrum, adding the Rayovac ...
Energizer buying Rayovac batteries for $2 billionSTLtoday.com
The Energizer Bunny Is Buying Rayovac in a $2 Billion DealFortune
Energizer to Buy Spectrum's Batteries and Lighting Unit for $2 BillionWall Street Journal
Madison.com -St. Louis Business Journal -Channel3000.com - WISC-TV3 -Business Wire (press release)
all 16 news articles »

Dow on track to top 26,000 at open

Business RSS - 2 hours 57 min ago
(Reuters) - Futures on the Dow Jones Industrial Average surged more than 200 points on Tuesday, indicating that the blue-chip index could open above 26,000 for the first time, supported by strong earnings from UnitedHealth.

McDonald's aims for fully recycled packaging by 2025 - BBC News

Google RSS - 2 hours 59 min ago

BBC News

McDonald's aims for fully recycled packaging by 2025
BBC News
Fast food giant McDonald's has said all its packaging worldwide will come from sustainable sources by 2025. The restaurant chain will aim to get all items like bags, straws, wrappers and cups from recycled or renewable materials, up from half currently ...
McDonald's Is Addressing A Top Customer Concern: All That Trash It MakesBuzzFeed News
McDonald's to recycle packaging in all locations globally by 2025Chicago Tribune
McDonald's sets huge sustainability targetSeeking Alpha
SILive.com
all 13 news articles »

Just Another Day for Bitcoin—a 20% Plunge - Wall Street Journal

Google RSS - 3 hours 8 min ago

Wall Street Journal

Just Another Day for Bitcoin—a 20% Plunge
Wall Street Journal
The price of bitcoin plunged by as much as 20% on Tuesday amid concerns about tighter regulation, with the volatile virtual-currency dipping below $12,000 for the first time since early December. By early afternoon in London, bitcoin traded at $12,064 ...

and more »

GE to Take $6.2 Billion Charge Tied to Long-Term Care Insurance - Bloomberg

Google RSS - 3 hours 10 min ago

Boston Herald

GE to Take $6.2 Billion Charge Tied to Long-Term Care Insurance
Bloomberg
General Electric Co. will take a $6.2 billion charge for the fourth quarter as the manufacturing behemoth grapples with lingering problems in a legacy insurance business. The after-tax charge will be $7.5 billion when adjusted to the rate following the ...
GE Shares Slump After $6.2 Billion Earnings Hit Linked to Finance UnitTheStreet.com
GE to take $6.2 billion charge related to its legacy reinsurance businessesCNBC
GE Expects $6.2 Billion Charge After Reviewing Insurance ReserveWall Street Journal
ABC News -StreetInsider.com -Financial Times
all 13 news articles »

GE to take $6.2 billion charge in its finance arm

Business RSS - 3 hours 16 min ago
(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

French carmaker PSA's sales lifted by growth in Iran and Latin America

Business RSS - 3 hours 18 min ago
PARIS (Reuters) - French carmaker PSA's global sales jumped by 15 percent last year as strong growth in Iran and Latin America helped to offset difficulties in Britain and China.

Maersk, IBM to launch blockchain-based platform for global trade

Business RSS - 3 hours 20 min ago
COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.

Google plans to build 3 new underwater cables to expand its cloud business - CNBC

Google RSS - 3 hours 22 min ago

CNBC

Google plans to build 3 new underwater cables to expand its cloud business
CNBC
Google is planning to build three underwater cables in 2019 to help expand its cloud business to new regions as it battles rivals Microsoft and Amazon. The subsea cables will run across different routes. The first will go from Los Angeles to Chile, the ...
Google Plans to Expand Huge Undersea Cables to Boost Cloud BusinessWall Street Journal
Google to Expand Cloud Infrastructure With New Regions, Submarine CablesU.S. News & World Report

all 11 news articles »Google News

Google plans to build 3 new underwater cables to expand its cloud business - CNBC

Google RSS - 3 hours 22 min ago

CNBC

Google plans to build 3 new underwater cables to expand its cloud business
CNBC
Google is planning to build three underwater cables in 2019 to help expand its cloud business to new regions as it battles rivals Microsoft and Amazon. The subsea cables will run across different routes. The first will go from Los Angeles to Chile, the ...

and more »

Energizer Holdings (ENR) to Acquire Spectrum Brands' (SPB) Battery Business for $2B - StreetInsider.com

Google RSS - 4 hours 31 min ago

Frisco Fastball

Energizer Holdings (ENR) to Acquire Spectrum Brands' (SPB) Battery Business for $2B
StreetInsider.com
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. Energizer Holdings, Inc. (NYSE: ENR) today announced that it has entered into a definitive agreement to acquire Spectrum Brands' (NYSE: SPB ...
Spectrum Brands selling Rayovac battery business to competitor Energizer Holdings for $2BMadison.com
The Energizer Bunny Is Buying Rayovac in a $2 Billion DealFortune
Energizer to buy Spectrum Brands unit for $2 blnReuters
STLtoday.com -Wall Street Journal
all 29 news articles »

UnitedHealth Group (UNH) Tops Q4 EPS by 8c, Revs Beat; Raises Outlook - StreetInsider.com

Google RSS - 4 hours 38 min ago

Washington Post

UnitedHealth Group (UNH) Tops Q4 EPS by 8c, Revs Beat; Raises Outlook
StreetInsider.com
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. UnitedHealth Group (NYSE: UNH) reported Q4 EPS of $2.59, $0.08 better than the analyst estimate of $2.51. Revenue for the quarter ...
Unitedhealth Group INC (UNH) Stock Price Rose While Pictet Bank & Trust LTD Lifted HoldingFrisco Fastball
Unitedhealth Group INC (UNH) Holding Has Boosted by Pictet Bank & Trust LtdKL Daily

all 47 news articles »

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