P&G tops Street 2Q forecasts
Procter & Gamble Co. (PG) on Tuesday reported fiscal second-quarter net income of $2.5 billion.
Kimberly-Clark beats 4Q profit forecasts
Kimberly-Clark Corp. (KMB) on Tuesday reported fourth-quarter earnings of $617 million.
Verizon quarterly profit jumps, helped by tax reform
Verizon Communications Inc on Tuesday reported a jump in quarterly profit, helped by tax reform and the addition of phone subscribers.
Travelers posts 42% fall in quarterly profit
Property and casualty insurer Travelers Cos Inc reported a 42 percent fall in fourth-quarter profit on Tuesday, hurt by catastrophe losses stemming from the California wildfires and a one-time charge due to the new federal tax law.
J&J results top estimates, takes $13.6B tax charge
Johnson & Johnson reported adjusted quarterly profit and revenue slightly above analysts' expectations on Tuesday, as the healthcare company gained from strong demand for new drugs including cancer and psoriasis treatments.
Netflix crosses $100B market cap on robust subscriber growth
Netflix added more global subscribers than expected in the fourth quarter, as the video streaming service provider kept viewers hooked with critically acclaimed shows such as “The Crown” and “Stranger Things,” sending its shares up 7 percent in aftermarket trading to a record.
Higher oil prices give Halliburton better-than-expected 4Q
U.S. oilfield services company Halliburton Co reported a bigger-than-expected fourth-quarter profit after charges and gave an upbeat outlook for 2018, as higher oil prices continue to push U.S. production near record levels.
US tax reform writedown pushes Switzerland's UBS to Q4 loss
Swiss bank UBS has reported a 2.22 billion-franc ($2.3 billion) loss for the fourth quarter as a result of a large writedown caused by the newly enacted U.S. tax reform.
Wall Street week ahead: Where Netflix goes, Big Tech may follow
A look at the upcoming week on Wall Street.
The Week Ahead-Where Netflix goes, Big Tech may follow
Netflix's earnings next week may offer a preview of whether other big name stocks can continue to deliver.
Asian shares mixed as US government shutdown threat looms
U.S. stock indexes edged lower in early trading Thursday, pulling back slightly from the market's latest record highs.
IBM reports first revenue growth since 2012
IBM reported its first quarter of revenue growth in more than five years as the company ramps up its cloud computing business and looks for new opportunities from its investments in artificial intelligence.
IBM's revenue rises for the first time in nearly six years
IBM's quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services.
AmEx posts first loss in 26 years on tax charge, suspends buybacks
American Express 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.
Morgan Stanley tops estimates on underwriting, wealth management
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.
Morgan Stanley's profits fall 59 percent due to tax bill
Morgan Stanley's earnings fell 59 percent in the fourth quarter as the investment had to book $990 million in charges related to the new tax law.
Asian shares advance after Wall Street rally; eyes on China
U.S. stocks edged higher in early trading Wednesday, recouping some of the market's losses from a day earlier.
Apple to create 20K new US jobs
Apple jobs
Bank of America 4Q profits fall by 48 percent due to tax law
Bank of America says its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law.
Goldman Sachs posts $1.9 billion loss due to new tax law
Goldman Sachs says it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4 billion in charges related to the new tax law.

















