U.S. economy likely barely grew in first quarter: Atlanta Fed
NEW YORK (Reuters) – The U.S. economy likely expanded at just a 0.2 percent annualized pace in the first quarter, following weaker-than-forecast data on durable goods orders and advance data for the goods trade balance in March, the Atlanta Federal Res…
U.S. business spending likely gained momentum in first quarter
WASHINGTON (Reuters) – New orders for U.S.-made capital goods rose less than expected in March, but a second straight monthly increase in shipments suggested business investment accelerated in the first quarter amid a recovering energy sector.
Earnings lift Nasdaq to record; Amazon, Alphabet up after hours
NEW YORK (Reuters) – The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed.
UPS 1st-qtr profit tops estimates as revenue rises
(Reuters) – United Parcel Service Inc reported a higher-than-expected quarterly net profit on Thursday as revenue grew across its domestic and international package delivery segments and as well as freight and supply chain operations.
Jobless claims rise, but four-week average at two-month low
WASHINGTON, April 27 (Reuters) – The number of Americans filing for unemployment benefits rose more than expected last week, but the four-week average of claims fell to a two-month low, indicating that labor market conditions continue to tighten.
Ford profit beats estimates; maintains 2017 profit outlook
DETROIT (Reuters) – Ford Motor Co reported a lower quarterly net profit on Thursday but beat analyst expectations amid higher commodity, engineering and recall costs, and a drop in vehicle sales
Atlantia taps pool of banks to finance Abertis’ takeover bid: sources
LONDON (Reuters) – Italian toll-road operator Atlantia has tapped banks to finance an upcoming cash-and-share bid for Spanish rival Abertis , sources told Reuters, as it seeks to create an industry giant with a market value of more than 35 billion eur…
Dow Chemical eyes consumer markets as it readies for DuPont merger
(Reuters) – Dow Chemical Co forecast better-than-expected revenue for the current quarter and said it would expand four key consumer businesses, which will be part of a new firm created after its proposed merger with DuPont .
Tomahawk missile maker Raytheon’s sales rise 3.4 percent
(Reuters) – Raytheon Co reported a 3.4 percent rise in quarterly revenue, helped by higher sales in its divisions that make Tomahawk cruise missiles and electronic warfare systems.
EU trade chief sees a good case to resume EU-U.S. free trade talks
COPENHAGEN (Reuters) – The European Union sees a good case for reviving frozen free trade talks with the United States, its trade commissioner said on Thursday.
