Tuesday December 11, 2018 1:38:24 PM PST - If you want a guarantee, buy a toaster. - Clint Eastwood




Tue, 11 Dec 2018 16:14:28 -0500

CORRECTED-China's hacking against U.S. on the rise -U.S. intelligence official

A senior U.S. intelligence official warned on Tuesday that Chinese cyber activity in the United States had risen in recent months, and the targeting of critical infrastructure in such operations suggested an attempt to lay the groundwork for future disruptive attacks.

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Tue, 11 Dec 2018 16:13:23 -0500

American Eagle Outfitters misses quarterly same-store sales estimates

American Eagle Outfitters Inc reported quarterly comparable sales that missed analysts' estimates on Tuesday, hurt by lower-than-expected demand for its flagship line of apparel.

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Tue, 11 Dec 2018 16:09:05 -0500

UPDATE 2-U.S. weighs China travel warning over Huawei case -sources

The United States is considering issuing a new warning to U.S. citizens, including business executives, traveling to China after Canada arrested a senior Huawei Technologies Co Ltd executive at Washington's request, two sources said on Tuesday.

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Tue, 11 Dec 2018 16:07:30 -0500

US STOCKS SNAPSHOT-Dow, S&P 500 end choppy session down slightly

The S&P 500 and Dow ended a volatile session down slightly on Tuesday as investor optimism over China-U.S. trade talks was offset by U.S. President Donald Trump's threat to shut down the U.S. government and by political uncertainty in Britain.

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Tue, 11 Dec 2018 16:01:08 -0500

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Tuesday:

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Tue, 11 Dec 2018 15:55:40 -0500

UPDATE 9-China, U.S. discuss road map for next stage of trade talks

* China to cut tariffs on U.S. autos to 15 pct-Trump official

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Tue, 11 Dec 2018 15:50:05 -0500

Mexico president's Pemex plans rattle faith of debt-holders

Mexican President Andres Manuel Lopez Obrador's declaration of war on "neo-liberal" economics has shaken investors holding Petroleos Mexicanos bonds, fueling concern about the future of the highly-indebted state oil company he has pledged to revive.

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Tue, 11 Dec 2018 15:48:07 -0500

UPDATE 7-China detains former Canadian diplomat as Huawei CFO returns to court

Canada confirmed on Tuesday that one of its citizens was detained in China but said it saw no explicit connection to the arrest in Vancouver of a top executive at Chinese telecoms giant Huawei Technologies Co .

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Tue, 11 Dec 2018 15:40:39 -0500

Vista Equity hires banks for Ping Identity IPO -sources

Buyout firm Vista Equity Partners has hired investment banks to prepare its identity software maker Ping Identity for an initial public offering that could value it at between $2 billion and $3 billion, including debt, people familiar with the matter said.

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Tue, 11 Dec 2018 15:31:08 -0500

U.S. voices concern about detention of Canadian in China

The U.S. State Department expressed concern on Tuesday about reports a Canadian citizen has been detained in China following the arrest of Huawei Technologies' chief financial officer in Canada, and it urged Beijing to end arbitrary detentions.

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Tue, 11 Dec 2018 15:31:02 -0500

US STOCKS-S&P 500 rises in choppy session; shutdown threat, trade in focus

* Indexes up: Dow 0.46 pct, S&P 500 0.67 pct, Nasdaq up 0.74 pct (Updates to late afternoon, adds commentary, changes byline, adds New York dateline)

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Tue, 11 Dec 2018 15:30:06 -0500

UPDATE 1-McDonald's to curb antibiotic use in its beef supply

McDonald's Corp said on Tuesday it plans to reduce the use of antibiotics in its global beef supply, fueling projections that other restaurants will follow suit.

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Tue, 11 Dec 2018 15:11:49 -0500

UPDATE 10-Oil pares gains on threatened U.S. government shutdown

* Coming Up: API weekly U.S. inventories at 2130 GMT (Adds closing prices)

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Tue, 11 Dec 2018 15:04:10 -0500

UPDATE 2-Avianca Brasil files for bankruptcy, citing jet repossession threat

Brazil's fourth-largest airline, Avianca Brasil, filed for bankruptcy protection on Monday, saying its operations had been threatened by potential repossession of aircraft, according to a legal document seen by Reuters.

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Tue, 11 Dec 2018 14:55:58 -0500

GLOBAL MARKETS-Stocks lose steam after Trump shutdown threat, oil climbs

* Sterling near 20-month lows after Brexit vote delayed (Updates with close of European markets)

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Tue, 11 Dec 2018 14:53:36 -0500

UPDATE 3-Ex-Ford Argentina execs convicted in torture case, victims may sue in U.S.

An Argentine court on Tuesday convicted two former executives of a local Ford Motor Co plant of involvement in the torture of workers during the country's dictatorship in the 1970s, victims' lawyers said, adding they may sue Ford in U.S. federal court.

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Tue, 11 Dec 2018 14:50:35 -0500

NJ Transit to decide on Bombardier order worth up to $3.6 bln

New Jersey Transit's board will decide on Wednesday whether to award the first part of an order for up to 999 cars worth as much as $3.6 billion to Bombardier , a copy of the agency's Dec. 12 agenda shows.

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Tue, 11 Dec 2018 14:35:37 -0500

UPDATE 2-Pennsylvania judge rejects shutting Energy Transfer's Mariner East pipelines

A Pennsylvania administrative law judge on Tuesday denied a petition by state residents asking utility regulators to prohibit the operation of Energy Transfer LP and its Sunoco subsidiary's Mariner East pipelines.

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Tue, 11 Dec 2018 14:31:24 -0500

Venezuelan government says it will reopen Goodyear plant, probe bosses

Venezuela's government said on Tuesday it would investigate Goodyear Tire & Rubber Co's local management and re-start operations at its factory, which the U.S. company closed because of deteriorating economic conditions.

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Tue, 11 Dec 2018 14:21:22 -0500

McDonald's to curb antibiotic use in beef supply chain

McDonald's Corp on Tuesday released guidelines for suppliers of beef in its top 10 sourcing countries to curb the use of antibiotics as the fast-food giant joins a broad effort to battle dangerous superbugs.

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