Bhinneka News Online: Reuters Daily Investor Update: March 27, 2017

Monday, 27 March 2017

Reuters Daily Investor Update: March 27, 2017

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Monday, March 27, 2017

Buffalo Wild Wings nabs Marcato nominee for own director slate

(Reuters) - Buffalo Wild Wings Inc , battling activist hedge fund Marcato Capital Management LP in a proxy fight, escalated tension between the two sides on Monday by tapped one of Marcato's own nominees for its director slate.

After healthcare loss, investor faith wavers as Trump turns to taxes

(Reuters) - U.S. stocks slid on Monday amid concerns that Republican President Donald Trump may struggle to push a sweeping overhaul of the tax code through Congress in the wake of his party's failure last week to pass broad healthcare legislation.

Wall St. off lows as investors assess failed healthcare bill

(Reuters) - U.S. stocks came off session lows late Monday morning as investors picked up beaten-down stocks after Wall Street tumbled following the withdrawal of President Donald Trump's healthcare reform bill.

Samsung Electronics says to sell refurbished Galaxy Note 7s

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries.

Uber resumes self-driving car program in San Francisco after crash

(Reuters) - Driverless vehicles operated by Uber Technologies Inc [UBER.UL] were back on the road in San Francisco on Monday after one of its self-driving cars crashed in Arizona, the ride-hailing company said.

Facebook's Messenger app to allow live location-sharing

MENLO PARK, Calif. (Reuters) - Facebook Inc will add a feature to its Messenger app on Monday to allow users to share their locations, the company said, ramping up competition with tools offered by Apple Inc and Alphabet Inc's Google Maps.

Hospitals shares surge as market absorbs Republican health-bill failure

NEW YORK (Reuters) - Shares of U.S. hospital operators surged on Monday after Republicans' pulled their healthcare bill, preserving for now the benefits that hospitals gained under Obamacare.

Stocks, dollar slip as Trump trade deflates

NEW YORK (Reuters) - Stocks, the dollar and U.S. long-dated Treasury yields slipped on Monday as investors fretted that U.S. President Donald Trump's defeat over healthcare reform foreshadowed difficulties delivering other campaign promises, in particular fiscal stimulus.

OPEC, non-OPEC to look at extending oil-output cut by six months

KUWAIT (Reuters) - A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

Asset sales plan secures EU backing for $130 billion Dow, DuPont merger

(Reuters) - Dow Chemical and DuPont won the blessing of the European Union for their $130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities.