Reuters - Daily Investor Update

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Monday, February 6, 2017

Twenty-First Century Fox profit tops estimates, revenue misses

(Reuters) - Twenty-First Century Fox Inc reported a quarterly profit that beat analysts' expectations, as its television unit benefited from hosting the baseball World Series and its cable news channel enjoyed strong ratings during the U.S. presidential campaign.

Wall Street dips as oil prices weigh on energy sector

NEW YORK (Reuters) - U.S. stocks fell on Monday, led lower by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports and sought further clarity on President Donald Trump's economic policies.

Euro falters on political uncertainty; dollar slides vs. yen

NEW YORK (Reuters) - The euro slid to a one-week low against the dollar on Monday on concerns over French politics ahead of the presidential vote in April as well as other impending elections in Europe in a year of political uncertainty.

Oil falls as U.S. supplies, speculative length counter OPEC cuts

NEW YORK (Reuters) - Oil fell on Monday as ample U.S. supplies and excess speculative length outweighed OPEC output curbs and rising tensions between the United States and Iran.

Despite risks, public pensions put faith in long-term returns

SAN FRANCISCO (Reuters) - U.S. public pension funds are cutting their expectations for investment returns over the next 30 years or more, but some do not expect to meet even the new targets over the coming decade.

Stocks, euro dip amid political, economic uncertainty

NEW YORK (Reuters) - The euro fell to a one-week low against the dollar on Monday on uncertainty ahead of several impending European elections, while European and U.S. stock markets dipped ahead of a heavy week of corporate results.

Pimco Total Return Fund posts January cash withdrawals of $1.6 billion

NEW YORK (Reuters) - Investors pulled $1.6 billion from the Pimco Total Return Fund in January, leaving assets under management of $75 billion, Morningstar data showed on Monday.

Rebel creditors file emergency appeal against Peabody reorganization

CHICAGO (Reuters) - Opponents of Peabody Energy Corp's reorganization plan have filed an emergency appeal against a key piece of the coal producer's proposal they say violates U.S. bankruptcy law by prematurely requiring creditors to promise support it.

Credit conditions for most business lending unchanged in fourth quarter : Fed

WASHINGTON (Reuters) - Loan officers at U.S. banks reported largely unchanged lending standards and slightly looser terms for business loans in the last three months of 2016, the Federal Reserve reported on Monday in a quarterly survey.

ECB sees seeds of next crisis in Trump deregulation plan

FRANKFURT (Reuters) - The European Central Bank rejected U.S. accusations of currency manipulation on Monday and warned that deregulating the banking industry, now being openly discussed in Washington, could sow the seeds of the next financial crisis.