Wednesday, 23 January 2019

Reuters Before the Bell: Johnson & Johnson eyeing surgical robotics firm Auris Health: Bloomberg

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Wednesday, January 23, 2019
Johnson & Johnson eyeing surgical robotics firm Auris Health: Bloomberg
Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
Russia says oil price war with U.S. would be too costly
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact with OPEC said.
BOJ maintains massive stimulus as Kuroda warns of growing risks
The Bank of Japan cut its inflation forecasts on Wednesday but maintained its massive stimulus program, with Governor Haruhiko Kuroda warning of growing risks to the economy from trade protectionism and faltering global demand.
Subaru halts bulk of global car output over part defect
Subaru Corp said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component.
Procter & Gamble's skin, fabric care brands drive sales beat
Procter & Gamble Co's quarterly revenue and profit topped Wall Street estimates on Wednesday, driven by price increases and robust demand for fabric care products and premium skin care brands.
United Tech profit beats on higher aero parts sales
Industrial conglomerate United Technologies Corp reported a better-than-expected fourth-quarter profit on Wednesday and forecast 2019 earnings above estimates, boosted by acquisition of aero parts maker Rockwell Collins.
Comcast results beat on lower-than-expected video losses
Top U.S. cable services provider Comcast Corp reported quarterly revenue and profit above analysts' estimates on Wednesday, as it lost fewer video subscribers than expected and grew its broadcast television and theme parks businesses.
Siemens, Alstom both able to compete, EU's Vestager says
The rail divisions of Siemens and Alstom are world champions and are both able to compete in the market, the European Union's Competition Commissioner Margrethe Vestager told Die Zeit newspaper, signaling scepticism over a planned merger of their rail businesses.
Etihad files lawsuit in Britain against Air Berlin administrators
Abu Dhabi's Etihad Airways on Wednesday said it has begun legal proceedings in London, disputing a claim by the administrators of Air Berlin for damages of up to 2 billion euros ($2.26 billion).
Investors shun stocks, seek safety in bonds as economic gloom spreads
Renewed concerns about a global economic slowdown continued to sap investor appetite for assets considered risky, dragging global stocks and bond yields lower on Wednesday, while the U.S. dollar held near three-week highs.
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