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Wednesday, October 25, 2017
Boeing revenue rises 1.7 percent
(Reuters) - Boeing Co reported a 1.7 percent rise in quarterly revenue and raised its full-year forecasts for operating cash flow and profit.
Goldman plans private equity expansion to help offset trading funk
NEW YORK (Reuters) - Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters.
Visa's profit beats Street view on healthy payment volumes
(Reuters) - Visa Inc beat Wall Street's quarterly profit expectations on Wednesday as more people made payments using its world-wide network and it benefited from the acquisition of Visa Europe.
Stock futures flat after downbeat earnings
(Reuters) - Wall Street looked set to open flat on Wednesday as the U.S. corporate earnings season hit its peak, with lackluster results for a handful of companies overnight including Chipotle Mexican Grill and AMD.
Fed leadership talk lifts dollar, shares tread water
LONDON (Reuters) - The dollar got a lift on Wednesday after a report that Republican senators were leaning towards John Taylor to be the next Federal Reserve chief, while share markets turned flat after a run of highs.
U.S. health insurer Anthem's quarterly profit beats estimates
(Reuters) - Anthem Inc reported better-than-expected profit in the third quarter as United States' second biggest health insurer added more members in its commercial and specialty business and increased its premium rates.
Coca-Cola beats on higher U.S. sales of Sprite, non-soda drinks
(Reuters) - Coca-Cola Co reported better-than-expected profit and revenue for the third quarter as North America sales rose 3 percent on higher demand for Sprite, tea and coffee.
Chipotle recovery seen dragging on, shares sink
(Reuters) - Chipotle Mexican Grill Inc's shares were set to open at a near five-year low, a day after the burrito chain reported disappointing results, indicating that investors would have to wait much longer than expected for sales and profit to recover.
Carlyle Group unveils new leadership as founders step back
(Reuters) - Carlyle Group LP said on Wednesday that Glenn Youngkin and Kewsong Lee would become its co-chief executives, in the U.S. private equity firm's biggest shakeup since it was founded by David Rubenstein, William Conway and Daniel D'Aniello 30 years ago.
Swedish prosecutor appeals Bombardier employee acquittal
STOCKHOLM (Reuters) - Swedish prosecutors on Wednesday appealed a court ruling earlier in October that an employee at Canadian aircraft and train maker Bombardier was innocent of bribery, the Prosecution Authority said in a statement.
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