Friday, 14 April 2017

Reuters Before the Bell: April 14, 2017

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Friday, April 14, 2017
Apple considers bidding for big stake in Toshiba chip business: report
TOKYO (Reuters) - Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba Corp's semiconductor business, Japanese public broadcaster NHK reported on Friday - the latest twist in the sale of the world's second-biggest flash memory chipmaker.
Asian shares, won move south on worries over North Korea
TOKYO (Reuters) - Japanese and South Korean shares fell while the won currency came under pressure on Friday, as rising tensions in the Korean peninsula dented confidence in the world's economy.
Toshiba creditors likely to approve chip unit collateral for $9.2 billion finance: sources
TOKYO (Reuters) - Japan's Toshiba Corp is likely to win creditors' approval for offering its prized memory chip business stake as collateral for new loans and loan commitments worth around 1 trillion yen ($9.2 billion), sources briefed about the matter said on Friday.
Fiat Chrysler CEO says first-quarter 2017 was difficult, doesn't change targets
AMSTERDAM (Reuters) - The first quarter of 2017 was "difficult" for carmaker Fiat Chrysler but this will not affect the company's targets for this year and next, Chief Executive Sergio Marchionne said on Friday.
South Korea police says no explosives found at Samsung Life headquarters
SEOUL (Reuters) - South Korean authorities found no explosives at the headquarters of Samsung Life Insurance Co Ltd in Seoul, police said on Friday.
Uber may face $1 million fine over California drunken-driving complaints
LOS ANGELES (Reuters) - Uber's popular ride-sharing network has repeatedly failed to promptly suspend and investigate its California drivers when passengers report them driving drunk, state regulators charged in an enforcement action, recommending $1.13 million in fines.
Wall Street slides as investors weigh bank results, global risks
(Reuters) - Major U.S. stock indexes fell on Thursday for a third straight day as investors weighed earnings reports from big U.S. banks and geopolitical tensions, while the tech sector fell for a tenth consecutive session.
Verizon considering topping AT&T's bid for Straight Path: sources
(Reuters) - Verizon Communications Inc is considering making a buyout offer for Straight Path Communications Inc which would top AT&T Inc's $1.25 billion bid, people familiar with the matter said.
Loan growth stalls despite profit, trading gains at some U.S. banks
NEW YORK (Reuters) - Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thursday, though executives assured there is still healthy demand from borrowers and no reason to worry about the state of the economy.
BlackRock cuts CEO Larry Fink's pay 'modestly' in 2016: filing
NEW YORK (Reuters) - BlackRock Inc , the world's largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 1 percent in 2016, according to a filing on Thursday.
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