Reuters Daily Investor Update: June 20, 2017

Click to View in Browser Tuesday, June 20, 2017 FedEx reports quarterly profit (Reuters) - Package delivery company FedEx Corp reported a quarterly profit compared with loss in the year-ago period, boosted by higher sales across all its business units. Amazon launches 'try-before-you-buy' fashion service (Reuters) - Amazon.com Inc wants to turn your living room into a fitting room. Stocks fall as supply worry hits oil; U.S. dollar climbs NEW YORK (Reuters) - World stock markets fell on Tuesday as a drop in oil prices weighed on the energy sector, while hawkish comments from several U.S. Federal Reserve officials pushed the U.S. dollar to a one-month high. Adobe reports 26.7 percent jump in quarterly revenue (Reuters) - Adobe Systems Inc reported a 26.7 percent jump in revenue, the 13th straight quarter of increase, as more customers subscribed to its Creative Cloud package of software tools, which include Photoshop. Wall St. ends down as energy, retail shares fall NEW YORK (Reuters) - U.S. stocks closed lower on Tuesday as a sharp drop in oil prices hurt energy stocks and retail stocks were pulled down by concerns about Amazon.com's plan to boost its apparel business. Will McDonald's customers wait for the new Quarter Pounder? LOS ANGELES/DALLAS (Reuters) - Tracy Moore grew impatient as she waited for a Quarter Pounder recently in the parking lot of a McDonald's restaurant in central Dallas. U.S. crude ends at nine-month lows on global oversupply NEW YORK (Reuters) - Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest since September, after increased supply from several key producers overshadowed high compliance by OPEC and non-OPEC oil producers with a deal to cut global output. Boeing gets boost from United and lifts demand forecast PARIS (Reuters) - Boeing won a key endorsement from United Airlines for the latest model of its best-selling 737 on Tuesday and struck an upbeat tone by raising its 20-year industry demand forecast despite signs the pace of growth is slowing. Boeing's defense unit seeks franchise-level win: executive PARIS (Reuters) - Boeing Co, the world's largest plane maker, is banking on the recent reorganization of its defense arm to deliver a large U.S. defense contract win, the CEO of the unit said Tuesday. Exclusive: China problems force Aston Martin into global recall of 1,658 cars BEIJING (Reuters) - British sports car maker Aston Martin Lagonda Ltd is ordering a global recall of 1,658 Vantage cars after problems with a routine transmission software update led to incidents in China in which some cars stalled and lost power, its CEO told Reuters. Related Video DAX at record highs as traders bank on bankers Barclays faces fraud charges over Qatari deal Related News Your Money: Will you still be paying off your summer vacation in 2018? Sweet success: life lessons with candy megastore owner Dylan Lauren Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook