Stock futures pare gains after GDP data
(Reuters) – Stock futures pared gains on Friday after data showed U.S. economic growth unexpectedly slowed in the fourth quarter.
Atlas Copco misses fourth-quarter profit expectations, forecasts stable demand
STOCKHOLM (Reuters) – Atlas Copco on Friday missed fourth quarter profit forecasts and forecast stable demand this quarter, knocking shares in the Swedish engineering company.
U.S. economic growth slows in fourth quarter on surging imports
WASHINGTON (Reuters) – U.S. economic growth unexpectedly slowed in the fourth quarter as the strongest pace of consumer spending in three years resulted in a surge in imports.
Honeywell raises 2018 profit forecast on tax benefit
(Reuters) – U.S. industrial conglomerate Honeywell International Inc reported a better-than-expected quarterly profit on Friday and raised its 2018 earnings forecast, citing lower tax rates.
Colgate-Palmolive quarterly sales miss estimates
(Reuters) – Colgate-Palmolive Co reported on Friday lower -than-expected sales on slower growth and a drop in profit on a charge related to the new U.S. tax law.
Futures higher ahead of Trump’s address, GDP data
(Reuters) – U.S. stock futures pointed to gains for Wall Street at open on Friday as a strong set of earnings this week buoyed sentiment, ahead of President Donald Trump’s closing address at Davos.
Intel shares hit dotcom-era highs on robust data center demand
(Reuters) – Intel Inc’s shares rose 6 percent on Friday to levels last seen during the dotcom boom 17 years ago, after strong results offered the clearest sign yet that its years-long effort to shift away from a slowing PC business was paying off.
Honeywell results beat, raises 2018 profit forecast
(Reuters) – U.S. industrial conglomerate Honeywell International Inc’s adjusted earnings narrowly beat estimates on Friday and the company raised its forecast for 2018 profit, citing lower tax rates.
BAML expects muted growth at ad agencies
(Reuters) – Bank of America Merrill Lynch (BAML) has struck a bearish tone on global ad agencies, seeing three years of muted growth at companies such as WPP , Publicis and Omnicom .
Honeywell posts loss on tax hit, revenue rises
(Reuters) – U.S. industrial conglomerate Honeywell International Inc reported a fourth-quarter loss on Friday, driven by a $3.8 billion tax provision, while also increasing revenue by 8.6 percent.
