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

Thursday, 27 July 2017

Reuters Daily Investor Update: July 27, 2017

Click to View in Browser

Thursday, July 27, 2017

Global stocks extend record run; dollar steadies after Fed fall

NEW YORK (Reuters) - Stocks on world markets rose to record highs on upbeat corporate earnings Thursday, while U.S. Treasury yields and the dollar climbed, as investors assessed the Federal Reserve's recent statement that it is closer to paring its balance sheet.

Germany recalls Porsche Cayenne models over illegal emissions software

BERLIN (Reuters) - German Transport Minister Alexander Dobrindt on Thursday announced a recall of Porsche 3-litre Cayenne cars after finding illegal emissions controlling software in the vehicles.

Wells Fargo sues insurance unit bidder over executives poaching

WILMINGTON, Del (Reuters) - Alliant Insurance Services Inc is using confidential information obtained during a failed bid for Wells Fargo & Co's commercial insurance business to poach top sales executives, according to a lawsuit filed by a Wells Fargo unit.

Exclusive: Saudi Aramco advisers favor London for historic IPO - sources

DUBAI/LONDON (Reuters) - Saudi Aramco's advisers have recommended London for the historic listing of the oil company, with U.S. disclosure rules a concern for Saudi authorities, sources familiar with the matter told Reuters.

Price hikes power Dow's results ahead of DuPont merger

(Reuters) - Price hikes and strong demand helped Dow Chemical Co beat Wall Street estimates in its last quarter before the chemicals giant merges with DuPont .

Deutsche Bank expects lower 2017 revenue after mixed second quarter

FRANKFURT (Reuters) - Deutsche Bank forecast lower full-year revenue and only a modest improvement in earnings on Thursday, after a drop in capital markets trading hit second-quarter sales.

Deutsche Bank managers waive $45 million in bonus payments

FRANKFURT (Reuters) - Eleven Deutsche Bank executives who served during the financial crisis and afterwards have agreed to waive 38.4 million euros ($44.9 million) in bonuses to make amends for past misdeeds by the bank, the German lender said on Thursday.

U.S. durable goods, trade data boost second-quarter growth estimate

WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly fell in June, but a fifth straight monthly increase in shipments suggested that business spending on equipment helped to boost economic growth in the second quarter.

Verizon quarterly subscriber additions top estimates; shares up

(Reuters) - Verizon Communications Inc reported quarterly revenue that topped expectations on Thursday as the No. 1 U.S. wireless carrier attracted more subscribers with its unlimited data plan.

U.S. regulators to approve fix for more than 300,000 VW diesels: sources

WASHINGTON (Reuters) - The U.S. Environmental Protection Agency and California Air Resources Board will approve later on Thursday a fix for more than 300,000 older Volkswagen AG diesel cars, two people briefed on the matter said.