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FedEx says it experienced another record-breaking holiday shipping season

December 27, 2017 by  
Filed under News

(Reuters) – Package delivery company FedEx Corp said on Wednesday it experienced another record-breaking holiday shipping season, but declined to provide specifics or data.


Source: Reuters Business News

Healthcare, tech stocks prop up Wall Street

December 27, 2017 by  
Filed under News

(Reuters) – U.S. stocks were higher in early afternoon trading on Wednesday, helped by gains in healthcare and technology sectors.


Source: Reuters Business News

No Trump windfall for private prisons yet, but some bet on gains

December 27, 2017 by  
Filed under News

(Reuters) – Investors who bet on private prison operators as big winners from Donald Trump’s tough line on crime and illegal immigration are looking back at a bruising year of high hopes and disappointment. Some, however, say the stocks still offer good value even though an anticipated windfall under the Trump administration so far has failed to materialize.


Source: Reuters Business News

UPS says holiday season package returns to hit a new record

December 27, 2017 by  
Filed under News

SEATTLE (Reuters) – United Parcel Service Inc said on Wednesday it was on track to return a record number of packages following this year’s bumper online holiday shipping season.


Source: Reuters Business News

Apple faces lawsuits after saying it slows down aging iPhones

December 27, 2017 by  
Filed under News

SAN FRANCISCO (Reuters) – Apple Inc defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits filed in various federal courts in the week since the company opened up about the year-old software change.


Source: Reuters Business News

Apple suppliers drop on report of weak iPhone X demand; analysts' views mixed

December 26, 2017 by  
Filed under News

BEIJING (Reuters) – Shares in several of Apple Inc’s Asian suppliers fell for a second straight day on Tuesday, hurt by a report from Taiwan’s Economic Daily and some analysts saying that iPhone X demand could come in below expectations in the first quarter.


Source: Reuters Business News

Bitcoin recoups some losses after its worst week since 2013

December 26, 2017 by  
Filed under News

SINGAPORE/TOKYO/NEW YORK (Reuters) – Bitcoin rose 13 percent on Tuesday, recovering about half of the losses it sustained last week, its worst since 2013, as investors who missed out on earlier rallies bought the world’s biggest and best-known digital currency.


Source: Reuters Business News

Wall St. lower as iPhone X concerns hit Apple shares

December 26, 2017 by  
Filed under News

(Reuters) – Wall Street’s main indexes came under pressure on Tuesday following a 2.5 percent drop in Apple’s shares on a report of weak iPhone X demand.


Source: Reuters Business News

Oil hits 2-1/2 year highs on Libyan pipeline blast

December 26, 2017 by  
Filed under News

NEW YORK (Reuters) – Oil prices touched two-and-a-half year highs in light volume on Tuesday, boosted by an explosion on a crude pipeline in Libya and voluntary OPEC-led supply cuts.


Source: Reuters Business News

Top small-cap funds of 2017 focus on healthcare, tech in year ahead

December 26, 2017 by  
Filed under News

NEW YORK (Reuters) – Healthcare, technology and Japanese small-cap stocks look poised to outperform the broader market in the year ahead, according to some of the best performing U.S.-based stock fund managers of 2017.


Source: Reuters Business News

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