Reuters - Before the Bell

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Tuesday, December 26, 2017

Futures lower as Apple, chipmakers weigh

(Reuters) - U.S. stock futures were slightly lower on Tuesday in light trading volumes after Christmas holiday as losses in Apple and a bunch of chipmakers weighed.

Oil slips toward $65 as Forties pipeline moves closer to restart

LONDON (Reuters) - Oil edged lower toward $65 a barrel on Tuesday, but remained within sight of its highest level since mid-2015, as the looming restart of a North Sea oil pipeline offset support from OPEC-led supply cuts.

Top small-cap funds of 2017 focus on healthcare, tech in year ahead

NEW YORK (Reuters) - Healthcare, technology and Japanese small-cap stocks look poised to outperform the broader market in the year ahead, according to some of the best performing U.S.-based stock fund managers of 2017.

Apple suppliers drop on report of weak iPhone X demand; analysts' views mixed

BEIJING (Reuters) - Shares in several of Apple Inc's Asian suppliers fell for a second straight day on Tuesday, hurt by a report from Taiwan's Economic Daily and some analysts saying that iPhone X demand could come in below expectations in the first quarter.

Google looking to launch stores in India to boost Pixel sales: report

(Reuters) - Alphabet Inc's Google is looking to launch brick-and-mortar stores in India to boost sales of its Pixel smartphones, the Economic Times newspaper reported on Tuesday, citing three people with knowledge of the matter.

Hyundai Heavy Industries Group to list Oilbank, issue $1.2 billion rights shares

SEOUL (Reuters) - South Korea's Hyundai Heavy Industries Group plans to list its refining arm Hyundai Oilbank in an IPO in 2018 and raise about $1.2 billion via a share issue by shipbuilder Hyundai Heavy Industries , in a move to bolster its finances.

Bitcoin rises 10 percent, recovers from last week's brutal selloff

SINGAPORE/TOKYO (Reuters) - Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last week's lows of below $12,000.

South Korea's Hyundai Motor union rejects tentative wage deal

SEOUL (Reuters) - South Korean automaker Hyundai Motor Co's labor union said on Tuesday its members have rejected the tentative wage deal its leadership had agreed with management last week.

Aston Martin to recall over 5,000 vehicles in U.S.: safety agency

(Reuters) - British sportscar maker Aston Martin is recalling around 5,500 vehicles in the United States due to problems with powertrains and battery cables, according to documents posted on the National Highway Traffic Safety Administration's (NHTSA) website.

Israel regulator seeks to ban bitcoin firms from stock exchange

JERUSALEM (Reuters) - Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.