Tuesday 8 May 2018

Daily Investor Update: Disney's beat fueled by 'Black Panther', theme parks

Disney's beat fueled by 'Black Panther', theme parks

(Reuters) - Walt Disney Co reported higher-than expected quarterly revenue and profit on Tuesday, powered by the box-office success of superhero movie "Black Panther" as well as higher attendance and spending in its theme parks and resorts business.

Boeing to consult U.S. after Trump move puts Iran jet deal in jeopardy

WASHINGTON (Reuters) - Boeing Co said on Tuesday it will consult with the U.S. on "next steps" after President Donald Trump's decision to withdraw from a 2015 agreement designed to deny Iran the ability to build nuclear weapons, put a $17 billion deal to sell jets to Iran in jeopardy.

Wall Street erases losses after Trump quits Iran deal

(Reuters) - Wall Street cut losses to end little changed on Tuesday while energy stocks rallied after U.S. President Donald Trump said the United States would quit the Iran nuclear deal, confirming what many investors had expected.

Deutsche Bank denies planning to cut U.S. workforce by 20 percent

FRANKFURT (Reuters) - Deutsche Bank does not plan to cut its U.S. workforce by about 20 percent, it said on Tuesday, denying a media report.

U.S. FCC chairman meets Sprint, T-Mobile CEOs on merger

WASHINGTON (Reuters) - Federal Communications Commission chairman Ajit Pai met Tuesday with the chief executives of Sprint Corp and rival T-Mobile US Inc who are seeking approval for a $26 billion merger, a spokesman for Pai said.

U.S. job openings hit record high, more workers quitting

WASHINGTON (Reuters) - U.S. job openings surged to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding qualified workers.

Google's updated virtual assistant can book appointments

MOUNTAIN VIEW, Calif.(Reuters) - Alphabet Inc's Google on Tuesday showed off an updated virtual assistant that can call restaurants, hair salons and other businesses to check hours and make reservations, holding conversations on a user's behalf.

U.S. to reveal winners of drone program that has attracted top companies

(Reuters) - Major technology and aerospace companies including Amazon.com Inc , Apple Inc , Intel Corp , Qualcomm Inc and Airbus SE are vying to take part in a new slate of drone tests the United States is set to announce on Wednesday, people familiar with the matter told Reuters.

Trump says ethanol exports could count toward U.S. biofuels quotas: sources

NEW YORK (Reuters) - U.S. President Donald Trump said on Tuesday he is considering allowing exported ethanol to count towards the volumes mandated under the nation's biofuels law, a move that could appease both Big Oil and Big Corn by cutting the refiners' regulatory costs while propping up demand for corn.

Airbus says needs time to study U.S. decision on Iran

PARIS (Reuters) - European planemaker Airbus will study U.S. President Donald Trump's decision to pull out of the Iran nuclear accord before responding, the company said on Tuesday, adding that this would take some time.

BRIEF-New Relic Inc Reports Q4 Non-GAAP Earnings Per Share $0.09

* NEW RELIC ANNOUNCES FOURTH QUARTER AND FULL FISCAL YEAR 2018 RESULTS

Related Videos

Stock & fruit market traders fear new Italy election

Oil drops despite Trump's exit from Iran nuke deal

Looking for more?

Visit our business section for more deals, markets, legal and finance news.

Read more