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Earnings Report

Medtronic reports 3Q loss

Medtronic PLC on Tuesday reported a fiscal third-quarter loss of $1.39 billion, after reporting a profit in the same period a year earlier.

HSBC annual profit rises as Asian growth drives earnings

HSBC says its annual pretax profits rose by 11 percent on strong earnings from Asia, in the latest sign that the London-based global bank's restructuring to focus even more on the region is reaping further dividends.

Stock markets on track for best week in 6 years

World shares were set to post their best week of gains in six years on Friday after two consecutive weeks spent in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest level since 2014.

Italian oil producer Eni sees jump in profits

Italian gas and oil giant Eni says its fourth-quarter profits rose more than five-fold to 2.1 billion euros ($2.6 billion) thanks to higher gas prices and record production.

Cisco repatriating $67B, boosting share buyback program

Cisco raises its buyback program by $25 billion and plans to bring back $67 billion of funds held overseas in the third quarter of fiscal 2018 by taking advantage of the recent changes to the U.S. tax laws.

Sears: 4Q sales drop but it expects a profit

Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform.

Fannie Mae loses $6.5B in fourth quarter on tax change

Sweeping changes to U.S. tax law led to a $6.53 billion loss at Fannie Mae last quarter, putting the government-controlled mortgage company in the position of seeking cash assistance from taxpayers for the first time since it emerged from the housing crisis six years ago.