Reuters - Daily Investor Update

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Monday, January 22, 2018

Stocks hit record as senators reach deal to end shutdown

(Reuters) - U.S. stocks advanced on Monday as each of Wall Street's main scored records in the wake of a deal by U.S. senators to end the federal government shutdown.

Adobe lifts earnings forecast on tax reform boost

(Reuters) - Photoshop maker Adobe Systems Inc on Monday lifted its forecast for yearly earnings per share, helped by new U.S. tax laws, saying it expects its effective tax rate to decline "substantially."

Netflix subscriber growth beats on strong original programming

(Reuters) - Netflix Inc added more international subscribers than expected in the fourth quarter, as the video streaming service provider kept viewers hooked with critically acclaimed shows such as "The Crown" and "Stranger Things."

Oil ends higher after volatile trade on dollar, Libya output

NEW YORK (Reuters) - Oil settled higher on Monday after dollar fluctuations and the restart of some Libyan oil fields caused the market to vacillate, with prices testing lower before rallying to levels just below three-year highs.

What debt ceiling worries? Markets hum along

NEW YORK (Reuters) - Government shutdown? So yesterday. Debt ceiling? Yawn.

AIG to buy reinsurer Validus for $5.56 billion

(Reuters) - American International Group Inc on Monday said it would buy reinsurer Validus Holdings Ltd for $5.56 billion in cash, ending a long period of retrenchment for AIG as new Chief Executive Brian Duperreault plots an expansionist path.

Amazon's automated grocery store of the future opens Monday

SEATTLE (Reuters) - Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.

Icahn, Deason join forces to demand Xerox explore options

(Reuters) - Hedge fund managers Carl Icahn and Darwin Deason joined forces on Monday to push Xerox Corp to explore strategic options, oust its "old guard", including its CEO, and negotiate better terms for its decades-long deal with Japan's Fujifilm.

Facebook should pay 'trusted' news publishers carriage fee: Murdoch

(Reuters) - Media mogul Rupert Murdoch on Monday called on Facebook to pay "trusted" news publishers a carriage fee, similar to the model used by cable companies, amid efforts by the social media company to fight misinformation on its platform.

NAFTA's fate uncertain ahead of Montreal round of talks

OTTAWA (Reuters) - The NAFTA trade agreement's future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon.