(Rewrites throughout with comments from Microsoft blog post)By Eric AuchardFRANKFURT, Jan 9 (Reuters) - Microsoft Corp said on Tuesday the patches released to guard against Meltdown and Spectre security threats slowed down some personal computers and servers, with systems running on older Intel Corp processors seeing a noticeable decrease in performance.The security updates also froze some comput...Read More
NEW YORK, Jan 9 (Reuters) - The U.S. Treasury Department on Tuesday sold $24 billion of three-year government notes at a yield of 2.080 percent, which was the highest yield at an auction for this debt maturity since May 2007 when it was 4.574 percent, Treasury data showed.The ratio of bids to the amount of three-year note offered was 3.13, comparable to the 3.15 at the prior three-year auction hel...Read More
Delta Air Lines, Inc. (NYSE:DAL) has historically been one of the best stocks to own in the first quarter, and will be kicking off the new year with a fourth-quarter earnings report before the open on Thursday. Below, we will take a look at how DAL stock is performing ahead of the report, and how options traders are speculating on the airline shares.At last check, Delta stock is down 0.4% to trad...Read More
* Wall Street rises to record highs again, extends 2018 rally* U.S. crude oil futures rise to highest since Dec 2014 (Updates with midday U.S. activity; changes byline, dateline, previous LONDON)By Caroline ValetkevitchNEW YORK, Jan 9 (Reuters) - Stocks in world indexes continued their flying start to the year on Tuesday as bank stocks gained, while U.S. oil touched its highest since late 2014. A...Read More
* STOXX 600 up 0.4 pct at fresh 2 1/2 year high* Autos lead gainers on Continental overhaul hopes* Altice rallies on US unit spin-off plan* Global earnings revisions at all-time high - Citi (Recasts, adds details, closing prices)By Danilo Masoni and Helen ReidMILAN/LONDON, Jan 9 (Reuters) - European shares rose for a fourth straight session on Tuesday, lifted by strength among cyclical stocks and...Read More
* Euro views underline policy differences in centre-right* Centre-right bloc seen winning most seats in March 4 vote* 5-Star says leaving the euro is no longer party policy (Adds comments from 5-Star leader)By Gavin JonesROME, Jan 9 (Reuters) - Silvio Berlusconi said on Tuesday that Italy must not leave the euro but his main coalition partner immediately disagreed, underlining policy differences i...Read More
(Adds more details and background)Jan 9 (Reuters) - Poland's biggest insurer PZU SA has raised its return on equity (ROE) target for 2020 to more than 22 percent from 18 percent previously, it said in a strategy update on Tuesday.The company said it expected to achieve benefits from changing the way it works with clients, such as by using artificial intelligence and improving its use of databases...Read More
BERLIN, Jan 9 (Reuters) - German auto parts and tyre maker Continental said on Tuesday it was in "early stages" of talks about a structural overhaul to become more nimble amid the car industry's transition to electric and self-driving vehicles, confirming media reports.A source told Reuters on Tuesday that Continental was continuing to ponder all options for its future corporate structur...Read More
* RBC CEO says agrees no deal is better than a bad deal* RBC CEO says bank spending C$3 bln annually on technology* CIBC CEO says bank pursuing possible IPO of FirstCaribbean (Adds comments from other bank chiefs on tech spending, paragraphs 7-11)By Matt ScuffhamTORONTO, Jan 9 (Reuters) - Royal Bank of Canada's Chief Executive Dave McKay said on Tuesday he believes there is now a greater chance th...Read More
ANKARA, Jan 9 (Reuters) - Turkey's Treasury has borrowed $2 billion in a dollar-denominated eurobond maturing in 2028 at a yield of 5.2 percent, bankers said on Tuesday.Demand for the issuance was in excess of $6 billion, they said. (Reporting by Nevzat Devranoglu; Writing by David Dolan, Editing by William Maclean) Disclaimer: The views expressed in this article are those of the author and may n...Read More
* GRAPHIC-2017 asset returns: * LME/ShFE arb: (Adds closing prices, trader comment)By Pratima DesaiLONDON, Jan 9 (Reuters) - Zinc prices hit their highest in more than a decade on Tuesday as investors anticipating another year of shortages and falling inventories bought the metal used to galvanise steel.Traders said funds taking profits on long positions -- bets on higher prices -- weighed on pric...Read More
By Bruno FederowskiSAO PAULO, Jan 9 (Reuters) - Latin American currencies weakened on Tuesday as the U.S. dollar rebounded from an early 2018 sell-off that drove it to the lowest in more than three months.Emerging market currencies kicked off the year with a rally as solid economic growth figures drove investors away from the greenback and toward riskier assets.That move faded in recent days as ex...Read More
The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading at record highs once again, putting the latter two indexes on pace for a sixth straight win. Bank shares continue to rally ahead of fourth-quarter earnings season, while a raft of positive analyst attention for high-profile stocks -- including today's top Dow gainer, Johnson & Johnson (JNJ) -- and...Read More
Mr. Robert Carrington reportsNEWRANGE FINDS NEW HOST ROCK UNITS WITH DEEP DRILLING AT PAMLICO GOLD PROJECT, NEVADA Newrange Gold Corp. has identified multiple new rock units favourable for hosting gold mineralizationin the Merritt target area at the company's 100-per-cent-controlled Pamlico project in western Nevada. In particular, the company has now verified quartz veining and silicification in...Read More
* Target joins retailers that recorded strong holiday sales* Microsoft halts some AMD chip Meltdown patches after PCs freeze* Healthcare, bank stock lead S&P gainers* Indexes up: Dow 0.43 pct, S&P 0.35 pct, Nasdaq 0.22 pct (Changes comment, updates prices, adds details)By Sruthi ShankarJan 9 (Reuters) - Wall Street's main indexes edged higher on Tuesday as healthcare and bank stocks gained...Read More
(Refiles to add Brexit minister's first name)BERLIN, Jan 9 (Reuters) - British finance minister Philip Hammond and Brexit minister David Davis wrote in a German newspaper that they wanted to give German business leaders the message that a transition period took priority over Britain's final exit from the European Union.The ministers, who are due to begin a visit to Germany on Wednesday, wrote in...Read More
(Kitco News)- One key theme among precious metals analysts, as the newyear started, was that silver, which had a dismal 2017, would outshine gold;however, one research firm is taking a contrarian view.In a report Tuesday, Simona Gambarini, commoditieseconomist at Capital Economics, said that she is expecting silver prices tounderperform gold, a continuation of the trend from last year.The U.K-base...Read More
ROME, Jan 9 (Reuters) - The leader of Italy's anti-establishment 5-Star Movement which leads opinion polls ahead of a March 4 election said on Tuesday that pulling Italy out of the euro zone was no longer a goal of his party.5-Star has steadily rowed back on a previous commitment to hold a referendum on Italy's euro zone membership as it tries to reassure voters and investors that it can be truste...Read More
By Rachit VatsJan 9 (Reuters) - Rising demand for jet sales pushed Boeing Co's stock to the top of the Dow Jones Industrial Average in 2017, and record cash flow to fuel projects, sustain dividends and buy back shares could give it another bumper year, analysts said.After a resurgence in jet sales driven by a solid global economy and with most of its production issues behind it, Boeing has found i...Read More
(Adds comments from economists, recasts first paragraph)MEXICO CITY, Jan 9 (Reuters) - Mexico's annual inflation rate climbed to a 16-1/2 year high in 2017, piling pressure on the central bank and its new governor to act again next month to rein in inflation after hiking borrowing costs at the December monetary policy meeting.Inflation stood at 6.77 percent in the year to December, the highest an...Read More