Reuters - Before the Bell

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Wednesday, May 3, 2017

U.S. private sector adds 177,000 jobs in April: ADP

(Reuters) - U.S. private employers added 177,000 jobs in April, slightly above economists' expectations, a report by a payrolls processor showed on Wednesday.

Apple posts surprise dip in iPhone sales, shares fall

(Reuters) - Apple Inc reported a surprise fall in iPhone sales for its second quarter on Tuesday, indicating that customers may have held back purchases in anticipation of the 10th-anniversary edition of the company's most important product later this year.

Strong demand at Taco Bell drives Yum Brands' profit beat

(Reuters) - Yum Brands Inc reported a better-than-expected quarterly profit due to strong global same-store sales growth, driven by robust demand at its Taco Bell restaurants and lower costs at its KFC chain.

'Kong', 'LEGO Batman' success drives Time Warner's profit beat

(Reuters) - Time Warner Inc , which is being bought by AT&T , reported a better-than-expected quarterly profit, helped by the success of its movies "Kong: Skull Island" and "The LEGO Batman Movie" in the first quarter.

AccorHotels faces AGM battle over double voting rights

PARIS (Reuters) - AccorHotels faces a battle at its annual shareholder meeting on Friday as a group of investors tries to block the granting of double voting rights to some long-term shareholders.

Buffett to face big crowd as Berkshire grows bigger

(Reuters) - As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska this weekend seeking reassurance, from Warren Buffett.

Factbox: Berkshire Hathaway, Warren Buffett at a glance

(Reuters) - Warren Buffett, the chairman and chief executive of Berkshire Hathaway Inc , will this weekend welcome thousands of people from around the world to Omaha, Nebraska, for the conglomerate's annual shareholder gathering, the largest in corporate America.

Uber in U.S. court reckoning on possible shutdown of self-driving program

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] goes before a U.S. judge on Wednesday to fight for the right to continue work on its self-driving car program, the latest phase in a courtroom battle over trade secrets that threatens to topple a central pillar of Uber's growth strategy.

Oil rebounds from near 2017 lows on falling U.S. crude stocks

LONDON (Reuters) - Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in U.S. crude stocks, reviving bullish sentiment about easing oversupply.

United Airlines reaches settlement with passenger dragged from plane

CHICAGO (Reuters) - United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage.