Reuters Before the Bell: Fiat Chrysler confirms full-year targets even as weaker sales hit first-quarter profits

Click to View in Browser Friday, May 3, 2019 Fiat Chrysler confirms full-year targets even as weaker sales hit first-quarter profits Fiat Chrysler (FCA) on Friday confirmed its targets for this year despite reporting a 29 percent fall in first-quarter operating profit as sales and margins weakened in its North American profit center. Brazil's Embraer delivers fewer commercial planes in first quarter Brazil planemaker Embraer SA said on Friday that it delivered 11 commercial planes in the first quarter of 2019, three fewer than in the same period last year, as it works to cede control of that profitable division to Boeing Co . Tesla raises size of share sale, Musk to buy more Tesla Inc on Friday raised the size of its planned share offering to 3.1 million shares, priced at $243 apiece, and said Chief Executive Officer Elon Musk would now buy stock worth up to $25 million, more than double his initial commitment. Shares claw higher before U.S. jobs data, oil sinks again World stocks were battling to avoid their first weekly fall in six weeks on Friday, as investors waited to see whether key U.S. jobs data would give the Federal Reserve another reason to dismiss rate cut calls. Futures tick higher ahead of jobs data U.S. stock index futures rose on Friday after two straight sessions of declines for the S&P 500, as investors took comfort from a largely positive earnings season ahead of the release of jobs data. Wall Street Weekahead: Record-breaking rally leaving energy stocks behind The stock market surge since the start of the year that has sent the benchmark S&P 500 index up to new record highs is leaving behind one sector that typically outperforms in an expanding economy: energy. Take Five: Vol squall coming? World markets themes for the week ahead Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Exclusive: U.S. seeks to challenge China's electric-vehicle supply chain dominance A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China's dominance in the space. Exclusive: Tesla expects global shortage of electric vehicle battery minerals -sources Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to underinvestment in the mining sector, the company's global supply manager for battery metals told an industry conference on Thursday, according to two sources. Elon Musk owes $507 million to banks helping Tesla raise capital Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla's stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday. Related Video Europe earnings: HSBC, SocGen boost bank stocks Beyond Meat sees lots of green for its IPO Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook