Reuters - Daily Investor Update

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Thursday, June 22, 2017

Global stocks edge up as oil gets slight bounce

NEW YORK (Reuters) - World stock markets edged higher on Thursday, buoyed by a modest rebound in oil prices after the commodity hit 10-month lows, while the U.S. yield curve managed to stall its recent flattening.

Wall St. ends flat but healthcare stocks rally

NEW YORK (Reuters) - Wall Street's major indexes ended little changed on Thursday as gains in healthcare stocks after Senate Republicans unveiled their proposal to replace Obamacare were offset by declines in financial and consumer staples sectors.

Airbus' Leahy reveals negotiating tricks after 'last air show'

PARIS (Reuters) - Airbus sales chief John Leahy, one of the dominant figures of modern aviation, hinted on Thursday he would retire this autumn, as he wrapped up what he said would be his last air show by revealing a few precious negotiating tricks.

Home Capital's shares surge as Buffett rides to rescue

TORONTO (Reuters) - Warren Buffett's Berkshire Hathaway Inc is providing a C$2 billion loan to Home Capital Group Inc and taking a 38 percent stake in the lender, with the U.S. billionaire pitching himself against short-sellers who have targeted the stock as Canada's housing market has turned riskier.

Billionaire Buffett throws lifeline to cash-starved Home Capital

(Reuters) - Warren Buffett has again ridden to the rescue of an embattled company in desperate need of a vote of confidence.

Unilever shows innovation still intact with 'once-in-a-decade' laundry soap

PORT SUNLIGHT, England (Reuters) - Nearly three months after Unilever CEO Paul Polman promised shareholders greater returns coupled with investments to drive growth, the launch of what it calls the biggest laundry breakthrough in a decade will be a key test of whether it can put its money where its mouth is.

U.S. health sector hits record high on Senate bill, biotech rally

NEW YORK (Reuters) - U.S. healthcare stocks posted sharp gains on Thursday, with hospitals and insurers climbing after Senate Republicans released a draft bill to replace Obamacare, while a recent surge in biotechnology shares showed no signs of slowing.

CEO Zuckerberg tweaks Facebook mission to focus on groups

SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg revised the world's largest online social network's mission statement on Thursday to emphasize support for hobby clubs, civil society organizations and other community groups.

Oil bounces off 10-month lows; crude glut still weighs

NEW YORK (Reuters) - Oil rose on Thursday, a day after hitting 10-month lows, but market sentiment remained negative because the global crude glut has persisted despite OPEC-led output cuts.

Dispute at key German plant could hit Daimler output

FRANKFURT (Reuters) - Germany's Daimler could suffer a drop in production of Mercedes-Benz luxury cars next month because of a dispute over future projects between management and unions at a key plant.