Reuters Business Today: April 18, 2017

Click to View in Browser Tuesday, April 18, 2017 Goldman Sachs, J&J pull Wall Street lower NEW YORK (Reuters) - The S&P 500 fell for the fourth time in five sessions on Tuesday, weighed down by a drop in Goldman Sachs and Johnson & Johnson following their quarterly results, while geopolitical tensions added to investor caution. Yahoo's first-quarter revenue jumps 22 percent (Reuters) - Yahoo Inc reported a 22.1 percent increase in quarterly revenue on Tuesday, ahead of the sale of its core internet business to Verizon Communications Inc . IBM revenue misses estimates for first time in five quarters (Reuters) - International Business Machines Corp reported a bigger-than-expected drop in revenue for the first time in five quarters, hurt by weak demand in its technology services business. Wells Fargo tests Facebook chatbot NEW YORK (Reuters) - Wells Fargo & Company is testing a "chatbot", an automated program that can communicate with the bank's customers on Facebook's messaging platform to give them information on their accounts and help them reset their passwords. In rare fumble, Goldman stuns Wall Street with weak trading (Reuters) - Goldman Sachs Group Inc fell short of earnings expectations on Tuesday due to a drop in quarterly trading revenue, prompting analysts to demand explanations for underperformance in an area where the bank usually outshines rivals. Verizon, Corning agree to $1.05 billion fiber deal NEW YORK (Reuters) - Verizon Communications Inc has agreed to buy optical fiber from Corning Inc for at least $1.05 billion over the next three years as the No. 1 U.S. wireless carrier aims to improve its network infrastructure, the companies said on Tuesday. Netflix shares on track for worst day in five months SAN FRANCISCO (Reuters) - Shares of Netflix fell from record-high territory on Tuesday and were headed for their worst session in five months after a mixed quarterly report failed to impress Wall Street. BofA posts solid growth boosted by trading, rates (Reuters) - Bank of America Corp's quarterly profit rose 44 percent as its investment banking and trading units produced hefty gains, and higher long term interest rates also underpinned results for the second-largest U.S. bank. J&J first quarter revenue misses estimates; new forecast includes Actelion (Reuters) - Johnson & Johnson on Tuesday reported disappointing pharmaceutical and consumer product sales as revenue missed analyst estimates, sending its shares sharply lower. United chief met Chinese officials over dragged passenger NEW YORK (Reuters) - The head of United Airlines met with the Chinese consulate in Chicago over the possible impact to bookings from a customer being dragged off a plane but it was too early to tell if business in China had been hit by the event, the company said. Related Video Boeing to lay off hundreds more engineers - source Goldman Sachs profit misses Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook