Earnings Report

Entegris, due to sweeping changes to the U.S. tax code, reported a fourth-quarter loss of $28.3 million, but blew away Wall Street expectations when that one-time aberration is removed.

The drugmaker said patients on its treatment were relieved of pain after two hours, and did not experience migraine symptoms compared to a placebo.

The No. 1 U.S. automaker reported a fourth-quarter loss of $4.9 billion or $3.46 per share, compared with a profit of $2.1 billion or $1.36 per share a year earlier.

BP's profits more than doubled in 2017 to $6.2 billion powered by higher prices and output of oil and gas, allowing the company to resume share buybacks as it recovers from a three-year downturn.

Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and it lifted its annual profit projection through March to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker.

Italian bank Intesa SanPaolo says that it will consider partnership with a big asset manager as part of it new five-year business plan.

BP says fourth-quarter earnings increased five-fold as it benefited from higher oil prices, increased production and lower costs.

Toyota Motor on Tuesday reported a 54 percent jump in operating profit for the third quarter and raised its forecast for full-year profit.

GM will look to meet expectations for a higher fourth-quarter profit when it reports earnings Tuesday, as the automaker banks on lucrative SUV and truck sales.

The stock market has finally found something to fear.

Microsoft beat Wall Street's profit forecast on Wednesday, helped by growth in its cloud computing business, but took a $13.8 billion one-time charge due to the new U.S. tax law.

Exxon and Chevron are earning billions and benefiting from the new tax law, but profits are falling short of expectations that were raised by higher oil prices.

Deutsche Bank, Germany's largest, is reporting its third-straight year of net losses due to a 1.4 billion euro charge resulting from new U.S. corporate tax legislation.

Exxon Mobil Corp. (XOM) on Friday reported fourth-quarter profit of $8.38 billion.

Chevron Corp. on Friday reported fourth-quarter earnings of $3.11 billion.

Asian shares were mostly lower Friday as investors evaluated the latest earnings reports while worries about rising U.S. bond yields weighed on sentiment.

Because of the lower tax rates under the overhaul, the drug company plans to invest about $12 billion over five years on capital projects, with $8 billion of that to be spent in the U.S.

Sprint Corp. on Friday reported fiscal third-quarter net income of $7.16 billion, after reporting a loss in the same period a year earlier.

It reported a EUR2.2 billion ($2.7 billion) net loss for the fourth quarter and its third consecutive full-year loss, pushing its stock price down sharply.

Anglo-Swedish drugmaker AstraZeneca is reporting its first quarterly sales in years on the back of new cancer treatments.