Earnings Report

AT&T expects to keep an extra $20.42 billion in cash for 2018 thanks to new federal tax cuts, a windfall the company said it plans to spend on network enhancements.

Stocks that moved substantially or traded heavily Wednesday: Xerox Inc., up $1.45 to $34.13 Japan's Fujifilm will take majority control of the company.

The latest on developments in financial markets (All times local): 9:35 a.m.

Boeing reported its fourth-quarter earnings on Wednesday.

Swedish low-cost fashion brand Hennes & Mauritz AB says its fourth-quarter profit fell to 3.99 billion kronor ($506 million), down from 5.91 billion kronor.

Nasdaq reported its fourth-quarter earnings on Wednesday.

Anthem Inc. (ANTM) on Wednesday reported fourth-quarter earnings of $1.23 billion.

Anthem on Wednesday said quarterly profit more than tripled as the health insurer recorded a one-time benefit of $1.1 billion due to the new U.S. tax law.

Textron Inc on Wednesday reported a fourth-quarter loss.

Eli Lilly and Co. reported a bigger-than-expected quarterly profit on Wednesday.

Eli Lilly and Co. (LLY) on Wednesday reported a fourth-quarter loss of $1.66 billion, after reporting a profit in the same period a year earlier.

D.R. Horton Inc reported an 8.5 percent drop in first-quarter profit on Wednesday as the No.1 U.S. homebuilder took a charge of $108.7 million due to changes in the tax law.

Industrial equipment maker Siemens AG says its net income rose 12 percent to 2.2 billion euros ($2.7 billion) in the last three months of 2017, helped by one-time gains from the sale of shares in its Osram lighting business and from the U.S. corporate tax cut.

Japanese video-game maker Nintendo says its net profit jumped 31 percent to 135.2 billion yen ($1.2 billion) in April-December, helped by the popularity of its Switch hybrid game machine.

Samsung Electronics has reported a surge in quarterly earnings thanks to its record-breaking chip business.

Samsung said it expects demand for memory chips to remain strong in 2018, as it reported record annual profit driven by a so-called memory chip "super-cycle."

The chipmaker sold more graphics processors used in data centers and computers.