Bhinneka News Online: Daily Investor Update: GoPro says open to sale but not actively pursuing

Monday, 8 January 2018

Daily Investor Update: GoPro says open to sale but not actively pursuing

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Monday, January 8, 2018

GoPro says open to sale but not actively pursuing

(Reuters) - GoPro Inc would be willing to partner with a larger sector player but is not actively engaged in a sale, the action camera-maker said on Monday, as its shares partly rebounded from earlier heavy losses.

Wall St. rally eases up as healthcare, banks weigh

NEW YORK (Reuters) - The S&P 500 barely rose on Monday while the healthcare and financial sectors weighed and investors took a breather ahead of earnings season and after the strong rally that marked the start of 2018.

French prosecutor launches probe into Apple planned obsolescence: judicial source

PARIS (Reuters) - A French prosecutor has launched an investigation of U.S. tech giant Apple over alleged deception and planned obsolescence of its products following a complaint by a consumer organization, a judicial source said on Monday.

Ex-Google engineer fired over gender memo sues for discrimination

SAN FRANCISCO (Reuters) - The former Google engineer fired after he asserted in a memo that biological causes were behind tech industry gender inequality sued his former employer on Monday, saying he was discriminated against as a white man with conservative political views.

Dollar climbs; stocks edge up after last week's rally

NEW YORK (Reuters) - The dollar hit its highest levels in more than a week against a basket of currencies and the euro eased on Monday, while U.S. stocks held firm after kicking off the new year with strong gains last week.

Oil mostly flat as rising U.S. output offsets OPEC worries

NEW YORK (Reuters) - Oil prices were little changed on Monday, trading near their highest since May 2015, as political concerns in some OPEC nations offset projections for higher U.S. oil production.

Visa to boost contribution to U.S.-based employees' retirement plan

(Reuters) - Visa Inc said on Monday it would increase contributions to its U.S.-based employees' retirement savings plans as the world's largest payment processor benefits from a new tax law.

Berkshire may get $37 billion book value boost from U.S. tax cuts: Barclays

(Reuters) - Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, may see its book value grow by $37 billion because of U.S. tax law changes enacted by President Donald Trump, Barclays Capital analysts estimated on Monday.

Bitcoin slides as website drops South Korea prices from virtual currency rates

NEW YORK (Reuters) - Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting in a steep drop in all virtual coins they track.

Fiat Chrysler boosted by Jeep growth expectations

MILAN (Reuters) - Fiat Chrysler (FCA) shares hit a record high on Monday on growing expectations that the carmaker's coveted Jeep brand will unlock even greater value this year.