Reuters Daily Investor Update: July 31, 2017

Click to View in Browser Monday, July 31, 2017 Activist investor threatens proxy war at Hudson's Bay (Reuters) - Activist shareholder Land and Buildings threatened a proxy war against Canadian retailer Hudson's Bay Co unless the company took drastic steps to better monetize its assets, including a potential sale of its Saks Fifth Avenue brand. Apple fails to end lawsuit claiming it 'broke' FaceTime (Reuters) - Apple Inc has failed in its bid to dismiss a lawsuit claiming it disabled the popular FaceTime video conferencing feature on older iPhones to force users to upgrade. Wall Street opens higher, Dow rises to record high (Reuters) - U.S. stock indexes opened higher on Monday, with the Dow hitting a record high, as investors remained optimistic on corporate earnings in the second quarter. Clariant hires Goldman to fend off activist opposed to Huntsman merger FRANKFURT/ZURICH (Reuters) - Specialty chemicals group Clariant has hired Goldman Sachs as an additional adviser to help stave off an activist investor's campaign to derail its planned merger with U.S. peer Huntsman . Snap's shares slide as IPO lockup ends NEW YORK (Reuters) - Shares of Snap Inc , owner of the Snapchat messaging app, fell as much as 5 percent on Monday to a new low as a share lockup ended, allowing for sales by early investors and pushing it further below its March initial public offering price. Charter surges after company says not interested in Sprint (Reuters) - U.S. cable operator Charter Communications Inc's shares shot up nearly 14 percent on Monday after the company said it was not interested in buying wireless carrier Sprint Corp . Oil near two-month high as producers set to meet again LONDON (Reuters) - Oil was flat near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela. Boeing expects India to order up to 2,100 aircraft over 20 years NEW DELHI (Reuters) - Boeing Co said on Monday it expects Indian airlines to order up to 2,100 new aircraft worth $290 billion over the next 20 years, calling it the highest-ever forecast for Asia's third-largest economy. Buyback and profit rise show progress as HSBC looks east HONG KONG/LONDON (Reuters) - A third share buyback in a year by HSBC underlined progress in the turnaround plan for Europe's biggest bank, with profit also growing by 5 percent in the first half of 2017. HSBC, miners lift European shares as dollar holds near lows LONDON (Reuters) - Forecast-beating profits at HSBC and strong gains for miners on the back of a two-year high in copper prices lifted European shares on Monday while the dollar edged up off 13-month lows against other major currencies. Related Video Discovery buys Scripps Networks Breakingviews TV: Raising the E in P/E Related News Lack of value fund interest could be another bad omen for Chipotle Investors stick with macro funds, hope for volatility comeback Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. 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