Tuesday 30 April 2019

Reuters Before the Bell: Stock futures flat as investors parse latest round of earnings

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Tuesday, April 30, 2019
Stock futures flat as investors parse latest round of earnings
U.S. stock index futures were muted on Tuesday, a day after the S&P 500 and Nasdaq set intraday records, with investors going through the latest batch of earnings and weak data from China.
Vodafone found security flaws in Huawei equipment in 2011, 2012
Telecoms group Vodafone found security flaws in equipment supplied by China's Huawei to its Italian business in 2011 and 2012, the two companies said on Tuesday.
Equities drop after China data; euro zone growth lifts single currency
European shares edged down on Tuesday after weak Chinese business surveys doused appetite for risk, while the single currency climbed after euro zone growth beat expectations.
As trade talks reach endgame, U.S.-China ties could hinge on enforcement
U.S. negotiators head to China on Tuesday to try to hammer out details to end the two countries' trade war, including the shape of an enforcement mechanism, the success or failure of which could set the trajectory of ties for years to come.
Merck's first-quarter profit beats on Keytruda boost
Merck & Co Inc reported a higher-than-expected first-quarter profit on Tuesday and raised its earnings and sales forecasts for the year, thanks to surging sales of its blockbuster cancer immunotherapy Keytruda.
SAS cancels more Scandinavian flights as pilots strike for fifth day
Scandinavian airline SAS canceled more than 500 flights scheduled for Wednesday, which will ground some 47,000 passengers, as a strike by pilots entered a fifth day with no sign of talks between management and unions.
Cable operator Charter edges past quarterly revenue estimates
Cable operator Charter Communications Inc edged past analysts' estimates for first-quarter revenue on Tuesday, as the company attracted more customers for its internet services, offsetting a drop in video subscribers.
Pfizer posts earnings beat, raises 2019 profit forecast
Pfizer Inc beat Wall Street estimates for quarterly profit and tweaked its earnings forecast for the year on Tuesday, as it reported rising sales of cancer drug Ibrance and pneumonia vaccine Prevnar, pushing shares in the drugmaker higher.
Iran says it will keep exporting oil despite U.S. pressure
Iran will continue to export oil despite U.S. pressure aimed at reducing the country's crude shipments to zero, Iranian President Hassan Rouhani said on Tuesday.
Samsung Electronics bets on better second-half after first-quarter profit slumps
South Korea's Samsung Electronics Co Ltd flagged improved second-half results on expectations of a pick up in memory chip and smartphone sales, after posting its weakest profit in more than two years in the first quarter.
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