Reuters - Before the Bell

Click to View in Browser

Friday, January 26, 2018

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 .

Shell buying spree cranks up race for clean energy

LONDON (Reuters) - Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint.

Exclusive: China's state-owned firms to face more mergers

(This story corrects mistranslated comments in paragraphs 1, 25-27 in January 24 story.)

Atlas Copco fourth quarter operating profit lags forecast, shares fall

STOCKHOLM (Reuters) - Atlas Copco , one of the world's biggest makers of compressors and underground mining equipment, on Friday reported a fourth quarter operating profit below market forecasts and said it expected demand to stay at the current level in the first quarter.

World stocks set for 10th straight week of gains, euro jumps

LONDON (Reuters) - World stocks were set for their 10th straight week of gains on Friday, while the euro jumped more than half a percent as comments by U.S. officials this week advocating their support for a weak dollar reverberated through currency markets.

Walmart to launch online grocery delivery in Japan in deal with Rakuten

NEW YORK/TOKYO (Reuters) - Walmart has struck a partnership with e-commerce firm Rakuten Inc to launch an online grocery delivery service in Japan, its latest effort to forge an alliance with a popular homegrown chain to crack a competitive market.