Reuters - Daily Investor Update

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Thursday, September 7, 2017

Disney, Comcast shares fall on disappointing forecasts

(Reuters) - Shares of Walt Disney Co and Comcast Corp tumbled on Thursday after Disney warned of stagnant earnings and No. 1 cable operator Comcast forecast more subscriber losses.

Apple's new iPhone could face supply shortfalls after launch: WSJ

(Reuters) - Apple Inc's new iPhone had hit production glitches early in its manufacturing process and could lead to supply shortfalls and shipping delays following its launch next week, the Wall Street Journal reported on Thursday.

Amazon opens bidding to cities for $5 billion 'HQ2', a second headquarters

(Reuters) - Amazon.com Inc said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs.

Colorado plans to submit formal bid for Amazon second headquarters

NEW YORK (Reuters) - Colorado plans to submit a formal bid on behalf of the Denver metropolitan area for Amazon.com Inc to open its second headquarters, a state official told Reuters on Thursday.

Oil mixed, Brent rises as Irma casts shadow over Harvey recovery

NEW YORK (Reuters) - Oil futures were mixed on Thursday, with Brent rising to a 5-1/2 month high while U.S. crude slipped on a bigger-than expected crude stock build, as the restart of U.S. refiners after Hurricane Harvey was countered by the threat of Hurricane Irma.

Euro rises as ECB signals stimulus slowdown, U.S. stocks drop

NEW YORK (Reuters) - The euro surged on Thursday after the European Central Bank indicated it was preparing to scale back its stimulus program, while gold rose to a one-year high after the U.S. dollar tumbled on weak U.S. jobs data.

Wall St. slips as media stocks, Hurricane Irma weigh

(Reuters) - Wall Street edged lower on Thursday as media stocks weighed after negative business updates from Walt Disney and Comcast and as another powerful storm neared the United States.

Whirlpool's washer battle with Samsung, LG heats up at trade hearing

WASHINGTON (Reuters) - Appliance giant Whirlpool Corp on Thursday called on the U.S. International Trade Commission to impose "global safeguard" restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the American market with cheap machines.

VW eyes sale of assets accounting for 20 percent of revenues: WSJ

FRANKFURT (Reuters) - Volkswagen is actively working on deals to sell non-core assets accounting for as much as 20 percent of the German carmaker's annual revenues, The Wall Street Journal quoted its chief executive as saying on Thursday.

Kentucky plans to submit formal bid for Amazon's second headquarters

CHICAGO (Reuters) - Kentucky plans to submit a formal bid asking Amazon.com Inc to open its second headquarters in the state, an official told Reuters on Thursday.