Drahi hits Altice reset button to court wary investors
PARIS/NEW YORK (Reuters) – Altice founder Patrick Drahi is reshaping his telecoms and cable group for the second time in as many months by splitting its U.S. and European operations, hoping to end a drastic downward share-price spiral.
U.S. job openings, layoffs fall to six-month lows in November
WASHINGTON (Reuters) – U.S. job openings fell for a second straight month in November, with declines in the manufacturing and real estate sectors, supporting economist forecasts that job growth will slow in 2018.
Wall Street edges higher as healthcare, bank stocks gain
(Reuters) – Wall Street’s main indexes edged higher on Tuesday as healthcare and bank stocks gained in the run up to the quarterly earnings season that is set to start later this week.
Boeing set to top Airbus with 763 jets in 2017
NEW YORK (Reuters) – Boeing Co said on Tuesday it delivered 763 jetliners in 2017, likely retaining the title of the world’s biggest plane maker compared with European rival Airbus SE .
Wall Street hits new record at open on healthcare, bank gains
(Reuters) – Wall Street rose to fresh high at open on Tuesday, with gains for healthcare and bank stocks extending the new year rally that is powered by expectations of strong quarterly earnings.
Icahn demands removal of two SandRidge board members
(Reuters) – SandRidge Energy’s biggest shareholder Carl Icahn on Tuesday called for the resignation of two of the company’s board members, after forcing the management to abandon the purchase of Bonanza Creek Energy Inc .
Target lifts profit forecast after holiday sales jump
(Reuters) – Target Corp raised its quarterly profit and sales forecasts on Tuesday on the back of surging online sales and customer visits in November and December, putting the U.S. retailer on track for the best quarter in five years.
Airbus says to boost China assembly, but wins no new jet order
PARIS (Reuters) – European planemaker Airbus said it planned to boost the number of planes it makes in China under a deal signed in Beijing on Tuesday to expand co-operation at its Tianjin assembly plant.
BOJ bond tweak buoys yen, stocks rally rumbles on
LONDON (Reuters) – A tweak to the Bank of Japan’s bond-buying program shunted the yen higher on Tuesday, while gains from commodity stocks as oil hit its highest since 2015 helped world shares maintain their flying start to the year.
Infosys signs agreement with U.S. IRS; sees lower tax rate
(Reuters) – Indian software services company Infosys Ltd on Tuesday said it has signed an agreement with the U.S. Internal Revenue Service (IRS), resulting in an effective tax rate of about 100 basis points lower going forward.
