Monday 16 April 2018

Daily Investor Update: U.S. bans American companies from selling to Chinese phone maker ZTE

U.S. bans American companies from selling to Chinese phone maker ZTE

LONDON/NEW YORK (Reuters) - The U.S. Department of Commerce has banned American companies from selling components to leading Chinese telecom equipment maker ZTE Corp for seven years for violating an agreement in a sanctions violation case, U.S. officials said on Monday.

Netflix subscriber growth beats on strong original content

(Reuters) - Netflix Inc added more international subscribers than expected in the first quarter as a slate of original shows including "Altered Carbon" kept viewers hooked to the video streaming service provider.

Oil drops as Syria risk seen muted after weekend air strikes

NEW YORK (Reuters) - Oil prices dropped on Monday as investor concern waned about escalating tensions in the Middle East following air strikes on Syria over the weekend.

Wall Street climbs as investors focus on earnings

NEW YORK (Reuters) - U.S. stocks closed higher on Monday, with the biggest boosts from the technology and healthcare sectors as investors turned their focus to earnings season and appeared less worried about U.S.-led missile attacks in Syria.

Drug suppliers' shares rise as looming Amazon threat appears to ease

(Reuters) - Shares of U.S. drug suppliers rose on Monday after a report that Amazon.com Inc had dropped plans to sell drugs to hospitals, in a boost to a pharmaceutical supply chain rattled by the looming threat of competition from the online retailer.

Big activist investors have first-quarter losses while small counterparts thrive

BOSTON (Reuters) - Well known U.S. activist investors including Nelson Peltz and William Ackman took a hit from the first-quarter U.S. stock market slump, with their funds losing money while some smaller players delivered gains.

Trump to nominate Clarida, Bowman to Fed's Board of Governors

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he would nominate Richard Clarida, an economist who advises fund manager Pimco, and Michelle Bowman, a Kansas banking regulator, for two key positions at the U.S. Federal Reserve.

Shares of Allegiant Air drop following CBS report on safety issues

NEW YORK (Reuters) - Shares of Allegiant Travel Co , the parent company of Allegiant Air, fell sharply in Monday afternoon trading, following a segment on CBS' "60 Minutes" that alleged the airline suffered a high number of mechanical problems.

Netflix shares dip as Wall Street braces for quarterly report

SAN FRANCISCO (Reuters) - Shares of Netflix slipped 1 percent on Monday ahead of the video streaming service's quarterly report as investors braced for signs of whether it and other leading stocks are likely to carry the market higher over the next few weeks.

U.S. stocks rise as oil, bond prices fall on ebbing Syria fears

NEW YORK (Reuters) - Wall Street added to gains on Monday while oil and government bond prices fell on the view that this weekend's U.S.-led missile strikes on Syria were unlikely to mark the start of a broader conflict.

BRIEF-Range Resources Says It Entered Into An Amended And Restated Revolving Credit Agreeement

* RANGE RESOURCES CORP SAYS ON APRIL 13, 2018, CO ENTERED INTO AN AMENDED AND RESTATED REVOLVING CREDIT AGREEEMENT - SEC FILING

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