Bhinneka News Online: Reuters Before the Bell: Futures higher with earnings of Dow companies in focus

Tuesday, 24 October 2017

Reuters Before the Bell: Futures higher with earnings of Dow companies in focus

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Tuesday, October 24, 2017

Futures higher with earnings of Dow companies in focus

(Reuters) - U.S. stock index futures were higher on Tuesday, with earnings from a host of Dow components, including McDonald's and Caterpillar, likely to set the tone for the day.

GM swings to third-quarter loss on charges from European unit sale

DETROIT (Reuters) - No. 1 U.S. automaker General Motors Co posted a quarterly net loss on Tuesday caused by charges related to the sale of its Opel unit in Europe to France's PSA Group , but excluding the charges the results beat analysts' expectations.

United Tech tops profit estimates, raises forecasts

(Reuters) - United Technologies Corp on Tuesday reported a higher-than-expected quarterly profit, and raised its full-year earnings per share and sales forecasts for the second time this year.

Fiat Chrysler shares rise as third-quarter net profit, debt beat forecasts

MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) on Tuesday reported a higher-than-expected 50 percent jump in third-quarter net profit and lower debt than forecast by analysts, pushing is shares up 3 percent.

Amazon rivals turn to legal fine print to stem Whole Foods strategy

SAN FRANCISCO (Reuters) - Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door.

Auto industry tells Trump 'We're winning with NAFTA'

WASHINGTON (Reuters) - Major automakers, suppliers and auto dealers are launching a new coalition on Tuesday to urge U.S. President Donald Trump not to withdraw from the North American Free Trade Agreement.

Ryanair delays plans limiting carry on bags until January

DUBLIN (Reuters) - Ryanair will delay plans forcing non-priority customers to place any second larger carry-on bags in the hold to allow passengers "more time to familiarize themselves with the changes," it said on Tuesday.

European yields climb ahead of ECB, NZ$ hits five-month low

LONDON (Reuters) - European stocks dipped and bond yields drifted higher on Tuesday, as data from the euro zone's top economies bolstered the case for the European Central Bank to signal a sizeable cut this week to its stimulus measures.

Monte dei Paschi shares to resume trading after 10-month halt

MILAN (Reuters) - Monte dei Paschi di Siena shares will resume trading on Wednesday, after a failed attempt by Italy's fourth-largest bank to raise capital triggered a 10-month suspension.

Toshiba weighing options in case chip unit sale not completed by March

CHIBA CITY, Japan (Reuters) - Toshiba Corp said it is considering various measures in case the $18 billion sale of its chip unit does not close by the end of the financial year and leaves the embattled conglomerate short of funds needed to ensure it stays listed.