Reuters - Daily Investor Update

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Thursday, April 27, 2017

Amazon's first-quarter profit, revenue beat estimates

(Reuters) - Amazon.com Inc reported first-quarter revenue and profit that topped analysts' estimates, driven by sustained growth in online retail sales and its profitable cloud business, sending its shares up more than 4 percent in extended trading on Thursday.

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 which has sparked international outrage.

Microsoft's quarterly profit rises 27.8 percent

(Reuters) - Microsoft Corp reported a 27.8 percent increase in quarterly profit on Thursday, lifted by robust demand for its cloud computing services.

Earnings lift Nasdaq to record; S&P, Dow drift

NEW YORK (Reuters) - The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed.

Starbucks profit meets Wall Street view, shares fall

LOS ANGELES (Reuters) - Starbucks Corp reported quarterly profit that matched Wall Street's estimate on Thursday, sending shares of the chain that often tops expectations down 2.9 percent to $59.50 in after-hours trade.

Atlantia presses ahead with Abertis tie-up plans after motorway stake sale

LONDON/MILAN (Reuters) - Italy's Atlantia has agreed to sell 10 percent of its domestic motorway unit to a series of investors including Allianz for 1.48 billion euros ($1.6 billion) as it presses ahead with plans to bid for Spanish rival Abertis.

Google parent Alphabet's revenue rises 22.2 percent

(Reuters) - Google parent Alphabet Inc reported a 22.2 percent rise in quarterly revenue, driven by a surge in advertising on mobiles and its popular YouTube video service.

Iran says potential deal for early jet delivery falls through

ANKARA (Reuters) - IranAir has abandoned plans to take early delivery of a Boeing 777-300ER jetliner because the passenger plane is no longer available, the head of the Islamic Republic's national flag carrier was quoted as saying by Iranian media.

JPMorgan Chase & Co leaves blockchain consortium R3

NEW YORK (Reuters) - JPMorgan Chase & Co has left the mammoth bank blockchain consortium led by New York-based startup R3 CEV, the latest member to depart over the course of the company's fundraising process, R3 confirmed on Thursday.

Goldman hopes high rates will lure consumers to online bank

(Reuters) - Goldman Sachs Group Inc plans to promote its high-interest bearing deposit products in a marketing push to consumers later this year as it looks to grow its online bank, Chief Strategy Officer Stephen Scherr said in an interview on Thursday.