Bhinneka News Online: Daily Investor Update: Wall St. ticks up, lifted by Verizon, chipmakers

Monday 20 November 2017

Daily Investor Update: Wall St. ticks up, lifted by Verizon, chipmakers

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Monday, November 20, 2017

Wall St. ticks up, lifted by Verizon, chipmakers

NEW YORK (Reuters) - U.S. stocks rose on Monday, with Verizon boosting the telecoms sector after the stock got an upgrade, while a deal in semiconductors lifted high-performing tech shares.

Stocks gain on global growth outlook, euro falls

NEW YORK (Reuters) - Global equities markets advanced on Monday as confidence over economic growth around the world helped investors brush off concerns about the collapse of government coalition talks in Germany, which sent the euro lower against the U.S. dollar.

U.S. to sue to block AT&T purchase of Time Warner: source

WASHINGTON (Reuters) - The U.S. Department of Justice will file a lawsuit later on Monday to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc , a source familiar with the matter told Reuters on Monday.

Marvell Technology to buy rival chipmaker Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry.

Amsterdam, Paris win post-Brexit EU agencies in lucky dip

BRUSSELS (Reuters) - Amsterdam and Paris won the right to host two EU agencies that must leave London because of Brexit after an extraordinary ministerial meeting in Brussels that left both results decided by drawing lots from a fishbowl.

And the winner is ... the fishbowl: EU Brexit votes go lotto

BRUSSELS (Reuters) - Was it the most fateful fishbowl in the history of the European Union?

Volkswagen raises mid-term profit, sales outlook

BERLIN (Reuters) - Volkswagen raised its mid-term outlook for group profit and sales on Monday, sustaining investor hopes that the carmaker can further its recovery despite shouldering billions of costs for its electric-car offensive.

Nebraska clears path for Keystone XL pipeline, in boost for Trump

LINCOLN, Neb./CALGARY, Alberta (Reuters) - Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, lifting the last big regulatory obstacle for the long-delayed project that U.S. President Donald Trump wants built.

Brexit and the City: taking London's financial pulse

LONDON (Reuters) - Will Britain's decision to leave the European Union in 2019 damage one of its most successful industries?

Brexit and the City: View from the dining room

LONDON (Reuters) - In a former bank building just across from the Bank of England in the City of London, the glass-domed 1 Lombard Street restaurant offers a taste of the financial district's mood.