Reuters - Daily Investor Update

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Tuesday, January 30, 2018

Coal firms plead to courts, Trump for West Coast export terminals

WASHINGTON (Reuters) - The ailing U.S. coal industry is ramping up its political and legal offensive to win approval for West Coast export terminals that could provide a lifeline to lucrative Asia markets.

EA's fourth-quarter revenue forecast tops estimates

(Reuters) - Videogame publisher Electronic Arts Inc expects the launch of the action-adventure video game, "A Way out", to drive its revenue in the current quarter, sending its shares up more than 5.8 percent after the bell.

#MeToo movement puts pressure on U.S. banks to disclose diversity data

(Reuters) - The #MeToo movement has put new momentum behind efforts to have companies, especially in finance, disclose details about their workforce diversity – data that could throw into sharper relief the slow pace of progress for women and minorities in the field.

Wall St. stumbles over high bond yields, health stocks

NEW YORK (Reuters) - U.S. stocks fell for the second straight day on Tuesday as healthcare stocks and rising bond yields weighed on all three major U.S. indexes.

VW suspends company lobbyist over 'repulsive' diesel fume tests

BERLIN/FRANKFURT (Reuters) - Volkswagen suspended its chief lobbyist on Tuesday in response to reports the carmaker had sponsored tests that exposed monkeys and humans to toxic diesel fumes, methods condemned by its chief executive as repulsive.

Amazon, Berkshire, JPMorgan partner to cut U.S. healthcare costs

(Reuters) - Amazon.com Inc, Berkshire Hathaway and JPMorgan Chase & Co said on Tuesday they will form a company to cut health costs for hundreds of thousands of their U.S. employees, setting up a major challenge to an inefficient U.S. healthcare system.

Pfizer's new tax rate higher than investors hoped, shares fall

(Reuters) - Pfizer Inc said on Tuesday it expected to pay tax at an adjusted rate of about 17 percent this year, higher than some investors had expected, sending its shares down more than 3 percent.

Health investors roll out unwelcome mat for Amazon's arrival

NEW YORK (Reuters) - As press releases go, it was vague and brief - six paragraphs, 394 words in all. In general terms, it described the beginnings of an effort by three big U.S. companies to team up to improve their employees' healthcare services and save money.

Global stocks tumble anew amid bond yield pressure

NEW YORK (Reuters) - World stocks declined in their biggest two-day dive in almost six months on Tuesday as tumbling oil prices and a jump in global borrowing costs cooled the year's euphoric start in financial markets.

Facebook to ban cryptocurrency-related ads

(Reuters) - Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings.