Reuters - Business Today

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Tuesday, April 25, 2017

Futures rise on Trump tax talk; earnings in focus

(Reuters) - U.S. stock index futures rose on Tuesday, building on a day-earlier rally as investors assessed quarterly earnings, while awaiting a major tax plan from President Donald Trump.

Post-it maker 3M's results top estimates

(Reuters) - 3M Co , which makes Scotch tape and Post-it notes, reported better-than-expected quarterly results and raised its 2017 profit forecast, helped by growth across its major businesses.

Not an inside job: How two analysts became SEC whistleblowers

WASHINGTON (Reuters) - Four years ago, two analysts who liked to swap notes on numbers they thought looked odd took a fateful step and tipped off U.S. regulators about a company that one of them had watched for months.

Coca-Cola boosts savings target; sees smaller profit drop

(Reuters) - Coca-Cola Co on Tuesday expanded its savings target and said it now expected the decline in 2017 adjusted profit to be smaller than it previously forecast.

For Wells Fargo directors, narrow wins may not be enough

(Reuters) - A shareholder vote scheduled for Tuesday could throw Wells Fargo & Co's leadership into question if many directors, criticized for their slow response to the bank's phony-account scandal, fail to win solid majorities.

Eli Lilly's profit beats on demand for new drugs

(Reuters) - Eli Lilly and Co reported a bigger-than-expected quarterly adjusted profit as sales of its newest products, including a diabetes injection, more than doubled.

Exclusive: Boeing near decision to launch 737-10 jet - sources

PARIS (Reuters) - Boeing is nearing a decision to launch a larger version of its 737 workhorse jet within two months to counter strong sales of the Airbus A321neo, after a breakthrough on the design for one of its parts, industry sources said.

Akzo Nobel backs its chairman, still studying PPG offer

AMSTERDAM (Reuters) - The chairman of Dutch paint-maker Akzo Nobel, Antony Burgmans, told shareholders at their annual meeting that the company is not yet ready to respond to a 26.9 billion takeover proposal by U.S. peer PPG Industries .

Gazprom CEO sees share of EU gas market rising despite LNG rivals

LONDON (Reuters) - A new pipeline from Russia's Arctic fields to Germany will boost Moscow's share of the European gas market despite competition from Qatar and the United States, and will also mean much less fuel goes via Ukraine, Russian gas monopoly Gazprom said.

Investors take another look at opinion polls after French vote

LONDON (Reuters) - Pollsters picked the two candidates to make it into next month's French presidential election run-off, going some way to restoring their reputation in financial markets before other important votes across Europe.