Reuters Business Today: July 26, 2017

Click to View in Browser Wednesday, July 26, 2017 Boeing second-quarter profit, cash top estimates; raises 2017 forecast again NEW YORK (Reuters) - Boeing Co posted second-quarter profit and cash growth that beat analysts' estimates on Wednesday, even though sales were less than expected, sending shares up sharply. Lower tax rate fuels Ford beat, seen boosting 2017 net profit DETROIT (Reuters) - Ford Motor Co on Wednesday reported a better-than-expected quarterly net profit due to a lower tax rate and increased U.S. sales of more-profitable pickup trucks, but forecast a slightly lower 2017 pre-tax profit, sending its shares down 2.3 percent. Wal-Mart proposes policy actions to boost U.S. manufacturing CHICAGO (Reuters) - Wal-Mart Stores Inc on Wednesday proposed 10 policy actions to boost U.S. manufacturing that the retailer said could help recapture $300 billion of the $650 billion worth of consumer goods that are currently imported. Wall Street opens at record on strong earnings (Reuters) - U.S. stock indexes opened at record highs on Wednesday following a set of strong quarterly earnings, led by Boeing and AT&T. Juices, low-sugar sodas help Coca-Cola profit beat estimates (Reuters) - Coca-Cola Co's profit, in its first quarter under new Chief Executive James Quincey, beat analysts' estimates on higher demand for its healthier non-carbonated beverages as well as low and no-sugar versions of its sodas. Fed expected to leave rates unchanged; balance sheet in focus WASHINGTON (Reuters) - The Federal Reserve is expected to hold interest rates unchanged on Wednesday and possibly hint that it will start winding down its massive holdings of bonds as soon as September in what would be a vote of confidence in the U.S. economy. USTR Lighthizer: Trump challenging China's industrial policies - radio interview WASHINGTON (Reuters) - The top U.S. trade negotiator said late on Tuesday that President Donald Trump is determined to challenge China's use of unfair subsidies and "non-economic" industrial policy to build up export industries that are costing American jobs. Exclusive: Banks dealing EU sovereign debt may be dragged out of London LONDON (Reuters) - Banks at the heart of EU government borrowing could be forced to move some operations out of London if they want to hold on to that business after Brexit, according to three senior bankers with knowledge of the matter. D.R. Horton posts slowest order growth in three quarters (Reuters) - No.1 U.S. homebuilder D.R. Horton Inc posted a quarterly profit that scraped past analysts' estimates, and the company reported its slowest growth in orders in three quarters. Oil prices rise as falling U.S. inventories stoke rebalancing hopes LONDON (Reuters) - Oil prices rose to near eight-week highs on Wednesday, as a fall in U.S. inventories bolstered expectations that the long-oversupplied market was moving toward balance. Related Video Look for value in IT services and chips, says FBB's Mike Bailey Buy large caps over small caps, says Andy Kapyrin 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