Thursday, 22 February 2018

Daily Investor Update: HP Inc reports three-fold jump in profit due to tax gain

HP Inc reports three-fold jump in profit due to tax gain

HP Inc reported a more than three-fold rise in first-quarter profit on Thursday as the company, formed out of the 2015 split of Hewlett-Packard Co, benefited from changes in the U.S. tax law and sold more personal computers and printers.

Industrials and energy boost Dow, S&P but Nasdaq skids

NEW YORK (Reuters) - The Dow and S&P 500 advanced on Thursday to halt a two-session losing skid, buoyed by gains in industrial and energy shares as U.S. Treasury yields eased, while the Nasdaq lost ground for a third straight session.

Trump's call for more gun regulation boosts firearm stocks

SAN FRANCISCO (Reuters) - Shares of gunmakers American Outdoor Brands and Sturm Ruger & Company rallied on Thursday after U.S. President Donald Trump advocated tightening background checks for guns in response to last week's high school massacre in Florida.

BlackRock says will seek 'response' from gunmakers to Florida school shooting

BOSTON (Reuters) - BlackRock Inc said on Thursday it plans to speak with weapons manufacturers and distributors 'to understand their response' to last week's mass school shooting in Florida.

Investors take flight after Angry Birds maker warns on profit

HELSINKI (Reuters) - Angry Birds game maker Rovio Entertainment warned that profitability would fall short of forecasts, halving its share price and leaving investors in the Finnish company nursing big losses after a flotation last September.

White House adviser says stock market volatility is 'not unusual'

WASHINGTON (Reuters) - The head of the White House Council of the Economic Advisers on Thursday downplayed concerns over recent volatility in the U.S. stock market, saying it was "not unusual."

Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth

SAN FRANCISCO (Reuters) - Airbnb is rolling out new services aimed at attracting travelers looking for luxury accommodations and traditional hotels, the latest move to contend with sputtering growth in its original home-renting business.

Newmont Mining poised for growth in gold sector

TORONTO (Reuters) - Newmont Mining Corp laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world's largest bullion producer in 2018.

German court delays ruling on diesel ban to next week

LEIPZIG, Germany (Reuters) - A German court has delayed a ruling on whether major cities can ban heavily polluting diesel cars, which could hit the resale value of up to 15 million vehicles in Europe's largest car market and force automakers to pay for costly modifications.

Takata agrees to settle U.S. probe by 44 state AGs over deadly air bags

WASHINGTON (Reuters) - Takata Corp's U.S. unit agreed Thursday to settle a probe by 44 state attorneys general into claims it concealed a deadly safety defect with air bag inflators.

BRIEF-Hercules Capital Qtrly Distributable Net Operating Income Of $0.31 Per Share​

* HERCULES CAPITAL ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS AND QUARTERLY DISTRIBUTION OF $0.31 PER SHARE

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