Tuesday 30 January 2018

Reuters Before the Bell: Futures dip as bond yields, Apple again weigh

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Tuesday, January 30, 2018
Futures dip as bond yields, Apple again weigh
(Reuters) - U.S. stock index futures were lower for a second straight day on Tuesday, with Dow futures falling more than 150 points, weighed down once again by a drop in bond yields and a dip in Apple.
Amazon, Berkshire, JPM team up for cheaper employee healthcare
(Reuters) - Amazon.com Inc , Berkshire Hathaway and JPMorgan Chase & Co are forming a venture aimed at lowering healthcare costs for their U.S. employees, they said on Tuesday, sparking a slide in the shares of a host of healthcare-related companies.
World stocks sucked under by bond market breakout
LONDON (Reuters) - World stocks were in their biggest two-day dive in six months on Tuesday and commodities were also jammed in reverse, as rising U.S. borrowing costs cooled financial markets' euphoric start to the year.
Pfizer profit tops estimates, books $11 billion tax gain
(Reuters) - Pfizer Inc beat analysts' estimate for adjusted profit on Tuesday, helped by strong demand for its pneumonia vaccine Prevnar and breast cancer drug Ibrance, while also reporting an $11 billion gain from the new tax law.
Israel's Blockchain Mining looks at Nasdaq, Toronto listings
TEL AVIV (Reuters) - Blockchain Mining Ltd said on Tuesday it was preparing to list its stock on Nasdaq and the Toronto Stock Exchange by July after Israel's market regulator said it might ban companies involved in cryptocurrencies from the Tel Aviv exchange.
U.S. washer tariffs put Samsung, LG supply chains through the wringer
SEOUL (Reuters) - When South Korea's Samsung Electronics and LG Electronics last year announced plans to build home appliance factories in the United States, they hoped to sidestep any fallout from President Donald Trump's "America First" manufacturing and jobs mantra.
VW CEO says stunned by 'repulsive' diesel fume tests
FRANKFURT/BERLIN (Reuters) - Volkswagen's CEO said he was "stunned" by reports the carmaker had sponsored tests that exposed monkeys and humans to toxic diesel fumes and, two years after an emissions cheating scandal, pledged once again to get to the bottom of the wrongdoing.
VW suspends chief lobbyist over diesel fume tests
BERLIN (Reuters) - Volkswagen said on Tuesday it has suspended its chief lobbyist Thomas Steg amid steps to clear up the circumstances of diesel fume tests conducted with monkeys and humans that were sponsored by the carmaker.
Amid angst over iPhone X, Wall Street braces for weak forecast from Apple
SAN FRANCISCO (Reuters) - When Apple Inc announces its first-quarter earnings on Thursday, investors will seek signs of whether the company's $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown.
Health insurer Aetna quarterly profit soars 75.5 percent
(Reuters) - Aetna Inc , which has agreed to be bought by CVS Health Inc , reported a 75.5 percent rise in quarterly profit on Tuesday, due to lower restructuring and transaction and integration-related costs.
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