Reuters - Daily Investor Update

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Monday, December 4, 2017

Aeromexico eyes Delta's CSeries jet order amid U.S. trade spat: sources

MONTREAL/MEXICO CITY (Reuters) - Aeromexico has held preliminary talks to take some Bombardier CSeries jets orders from Delta Air Lines Inc , which owns a stake in the Mexican carrier, to avoid possible U.S. trade duties levied on the planes, two sources familiar with the matter said.

S&P, Nasdaq end lower as Wall Street sells the tax news

NEW YORK (Reuters) - Wall Street ended mixed on Monday, with banks and retailers surging and technology companies tanking as investors adjusted their portfolios in hopes of benefiting from expected corporate tax cuts.

Discovery raises stake in Oprah Winfrey Network

(Reuters) - Discovery Communications Inc said on Monday it had raised its stake in its joint venture with TV mogul Oprah Winfrey to more than 70 percent.

Trouble mounts for Sanofi dengue vaccine over safety concerns

(Reuters) - The World Health Organization said on Monday it hopes to review safety data on Sanofi's dengue vaccine this month, while the Philippines ordered an investigation of its now suspended massive immunization program after the French drugmaker said it could actually worsen the disease in some cases.

Philippines orders probe into Sanofi dengue vaccine for 730,000 children

MANILA (Reuters) - The Philippines ordered an investigation on Monday into the immunization of more than 730,000 children with a vaccine for dengue that has been suspended following an announcement by French drug company Sanofi that it could worsen the disease in some cases.

Amid rising discounts, Nissan seeks 'fair share' of pie in U.S.: executive

DETROIT (Reuters) - Facing a glut of late-model 2017 vehicles and rising consumer discounts by competitors, Nissan Motor Co Ltd will continue to target a "fair share of the pie" with big discounts of its own, the automaker's U.S. sales chief said on Monday.

BMW says exhaust systems do not shut off in road conditions

FRANKFURT (Reuters) - BMW on Monday rejected a media report that said the software in certain diesel models shut off a gas filtering system in certain road conditions, leading to excessive nitrogen oxide (NOx) emissions.

CVS, Aetna executives defend $69 billion deal to skeptical Wall Street

NEW YORK (Reuters) - CVS Health Corp and Aetna Inc on Monday said their $69 billion deal to combine the pharmacy and drug benefit manager and the No. 3 U.S. health insurer would transform healthcare and deliver cost savings, but investors took a pessimistic view of the combination in the short term.

Broadcom launches 11-nominee slate for Qualcomm board

(Reuters) - Chipmaker Broadcom Ltd made its first formal move toward a hostile bid to take over Qualcomm Inc on Monday, laying out a slate of 11 nominees it wants to put on the board of the U.S. semiconductor firm.

Stocks rise to records as U.S. tax bill moves ahead

NEW YORK (Reuters) - Global stock markets rose on Monday, along with the dollar and Treasury yields, after a major U.S. tax overhaul cleared an important hurdle.