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    IBM's first revenue rises in nearly six years tops estimates
    Posted on Thursday January 18, 2018

    (Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

    AmEx posts first loss in 26 years on tax charge, suspends buybacks
    Posted on Thursday January 18, 2018

    (Reuters) - American Express Co posted its first quarterly loss in 26 years, due a $2.6 billion charge related to the U.S. tax law overhaul and the credit card issuer also said it would suspend its share buyback program for the first half of 2018.

    Wall St. ends lower as industrial shares weigh
    Posted on Thursday January 18, 2018

    NEW YORK (Reuters) - Wall Street ended lower on Thursday as losses in industrial stocks and interest-rate sensitive sectors offset marginal gains in tech stocks.

    Uber-SoftBank deal has closed, making SoftBank largest shareholder
    Posted on Thursday January 18, 2018

    SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

    Exclusive: Boeing willing to preserve Brazil's 'golden share' in Embraer deal
    Posted on Thursday January 18, 2018

    BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.

    Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund
    Posted on Thursday January 18, 2018

    SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

    Exclusive: Blackstone's Hill hands hedge fund reins to McCormick
    Posted on Thursday January 18, 2018

    BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.

    Judge tosses GM settlement on ignition switch
    Posted on Thursday January 18, 2018

    NEW YORK (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable.

    Wells Fargo says resolved payment duplication glitch
    Posted on Thursday January 18, 2018

    (Reuters) - Wells Fargo & Co said on Thursday it resolved an internal processing error that resulted in customers' online bill payments being processed twice.

    Morgan Stanley tops estimates on underwriting, wealth management
    Posted on Thursday January 18, 2018

    (Reuters) - Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue.

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