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UPDATE 1-Commodity volumes lift Kansas City Southern quarterly profit, beats on revenue

Jan 19 (Reuters) - Kansas City Southern, a regional U.S. railroad with extensive operations in Mexico, reported a higher quarterly net profit on Friday, driven by revenue growth in 2017 in all six of the commodities it hauls and changes in U.S. tax law. The Kansas City, Missouri-based company posted fourth-quarter net income of $552 million, or $5.33 per diluted share, up from $130 million, or $1.21 per diluted share a year earlier.

companyNews reuters.com

UPDATE 2-CP Rail weighs strategic deals to boost crude-by-rail

Jan 18 (Reuters) - Canadian Pacific Railway Ltd said on Thursday it is weighing strategic deals to boost crude-by-rail shipments in 2018, after reporting fourth-quarter profit that beat analysts' estimates.

companyNews reuters.com

BRIEF-Canadian Pacific Railway Reports Q4 Earnings Per Share of C$6.77

* CP REPORTS RECORD FOURTH-QUARTER AND RECORD FULL-YEAR RESULTS ON THE STRENGTH OF ITS OPERATING MODEL AND DISCIPLINED APPROACH IN THE MARKETPLACE

PersonalFinance reuters.com

Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law

(Reuters) - Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.

companyNews reuters.com

TREASURIES-Benchmark yields at 10-month high on strong China data

* U.S. 10-year yields hit highest since March * 10-year inflation breakeven rate highest since March * Two-year yields highest since September 2008 By Kate Duguid NEW YORK, Jan 18 - Yields on U.S. 10-year notes reached a 10-month high on Thursday after China reported fourth-quarter growth that accelerated for the first time in seven years. China's gross domestic product grew 6.8 percent in the October to December period from a year earlier. An export recovery helped the

companyNews reuters.com

BRIEF-Extraction Oil & Gas Announces Preliminary Q4 2017 Production

* EXTRACTION OIL & GAS ANNOUNCES PRELIMINARY FOURTH-QUARTER 2017 PRODUCTION; ESTIMATED CRUDE OIL VOLUMES NEAR THE HIGH END OF GUIDANCE RANGE WHILE TOTAL EQUIVALENT VOLUMES EXCEED MIDPOINT Source text for Eikon: Further company coverage:

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BNY Mellon profit rises 37 pct on tax gain

Jan 18 (Reuters) - Bank of New York Mellon Corp reported a 37 percent rise in fourth-quarter profit on Thursday, benefiting from the federal tax overhaul.

topNews reuters.com

China's fourth-quarter economic growth beats expectations

BEIJING (Reuters) - China's economy grew faster than expected in the fourth quarter from a year earlier, helped by a rebound in the industrial sector, a resilient property market and strong export growth.

businessNews reuters.com

Verizon says new U.S. tax law to increase fourth-quarter earnings

NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

technologyNews reuters.com

IBM shares rise after Barclays double upgrade

(Reuters) - Shares in International Business Machines rose nearly 2 percent on Wednesday, helped by a double-notch upgrade for the company from Barclays ahead of fourth-quarter results on Thursday.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

companyNews reuters.com

UPDATE 1-Zalando says to spend to build market share this year

BERLIN, Jan 17 (Reuters) - German online fashion retailer Zalando said it would push ahead with a strategy of investing to gain market share in 2018 rather than seek to improve profitability even as it reported a recovery in fourth-quarter operating earnings.

companyNews reuters.com

Zalando says to pursue ‍focus on growth in 2018​

BERLIN, Jan 17 (Reuters) - German online fashion retailer Zalando said it would push ahead with its strategy of investing to gain market share in 2018 as it reported preliminary fourth-quarter sales growth and operating profit in line with analyst expectations.

companyNews reuters.com

UPDATE 2-CSX revenue misses estimates on disruptions from turnaround plan

Jan 16 (Reuters) - CSX Corp reported a bigger-than-expected drop in fourth-quarter revenue on Tuesday as the third-largest U.S. railroad lost some business due to service issues caused by former chief executive Hunter Harrison's turnaround plan.

businessNews reuters.com

Dow hits 26,000 for first time on earnings optimism

(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

businessNews reuters.com

Dow breaches 26,000 mark on robust earnings reports

(Reuters) - Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26,000 mark for the first time, as the fourth-quarter earnings season kicked into high gear.

businessNews reuters.com

Wall Street hits new highs on earnings optimism, data

(Reuters) - Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

businessNews reuters.com

Wall St. hits new highs on earnings optimism, data

(Reuters) - Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

businessNews reuters.com

Wall St. scales record highs on earnings optimism, data

(Reuters) - Wall Street continued its rally on Friday as fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove gains for consumer stocks.

businessNews reuters.com

Wall St. scales record highs on earnings optimism, robust data

(Reuters) - Wall Street rose to record highs on Friday as fourth-quarter earnings season kicked off with solid results from JPMorgan and BlackRock and robust retail sales drove gains for consumer stocks.

companyNews reuters.com

UPDATE 4-JPMorgan says tax changes will spur more profits after quarterly beat

Jan 12 (Reuters) - JPMorgan Chase & Co beat Wall Street's fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business.

businessNews reuters.com

JPMorgan says tax changes will spur more profits after quarterly beat

(Reuters) - JPMorgan Chase & Co beat Wall Street's fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business.

businessNews reuters.com

Wells Fargo profit boosted by one-time tax benefit

(Reuters) - Wells Fargo & Co posted an 18 percent rise in fourth-quarter profit on Friday, driven by a one-time tax benefit related to President Donald Trump's new tax laws.

companyNews reuters.com

UPDATE 1-Wells Fargo profit boosted by one-time tax benefit

Jan 12 (Reuters) - Wells Fargo & Co posted an 18 percent rise in fourth-quarter profit on Friday, driven by a one-time tax benefit related to President Donald Trump's new tax laws.

businessNews reuters.com

Futures rise as investors assess big bank earnings

(Reuters) - U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-quarter earnings reports from big U.S. lenders.

companyNews reuters.com

US STOCKS- Futures rise as investors assess big bank earnings

Jan 12 (Reuters) - U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-quarter earnings reports from big U.S. lenders.

businessNews reuters.com

LG Electronics to start operating U.S. washing machine factory in fourth-quarter 2018

SEOUL (Reuters) - South Korea's LG Electronics plans to start operating its new washing machine factory in the United States in the fourth quarter this year, its chief executive said on Thursday.

companyNews reuters.com

UPDATE 2-Sears raises $100 mln in new funding, sees smaller fourth quarter loss

Jan 10 (Reuters) - Sears Holding Corp forecast a smaller fourth-quarter loss and said it received $100 million in new funding as it tries to shore up cash to stay afloat after years of losses.

companyNews reuters.com

BRIEF-Boeing Reports Fourth-Quarter Deliveries

* BOEING - DELIVERIES OF 763 COMMERCIAL AIRPLANES DURING FULL YEAR 2017 Source text for Eikon: Further company coverage:

technologyNews reuters.com

Samsung profit guidance disappoints, memory outlook cloudy

SEOUL (Reuters) - Samsung Electronics Co Ltd said it would likely rake in a record fourth-quarter profit but the guidance fell short of consensus estimate, spooking investors already worried that a memory chip boom could be ending sooner rather than later.

businessNews reuters.com

Samsung Electronics profit guidance misses expectations as won weighs

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday estimated a record fourth-quarter profit but the guidance fell short of market expectations as a strong won and one-off staff bonuses took the shine off surging DRAM chip prices.

businessNews reuters.com

Samsung Electronics tips record fourth-quarter profit, misses expectations on strong won

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday estimated a 64 percent jump in fourth-quarter operating profit to a new record, but the guidance fell short of market expectations as the strong won and year-end bonuses dented profits.

businessNews reuters.com

Samsung Electronics says fourth-quarter operating profit likely up 64 percent

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Tuesday its fourth-quarter operating profit likely rose 64 percent from a year earlier, falling short of market expectations.

companyNews reuters.com

Samsung Elec says Q4 operating profit likely up 64 pct

SEOUL, Jan 9 (Reuters) - Tech giant Samsung Electronics Co Ltd said on Tuesday its fourth-quarter operating profit likely rose 64 percent from a year earlier, falling short of market expectations.

technologyNews reuters.com

GoPro lowers sales view on weak demand, to exit drone business

(Reuters) - GoPro Inc on Monday said it expects lower fourth-quarter revenue, hit by weaker demand for cameras in the holiday season and plans to exit the drone business, sending its shares to a record low.

technologyNews reuters.com

GoPro lowers sales view, to cut over 250 jobs after weak demand

(Reuters) - GoPro Inc said on Monday it expects fourth-quarter revenue to fall below its earlier forecast and lowered the price of its Hero6 cameras due to weak demand, and the action camera-maker also said it would cut more than 250 jobs.

businessNews reuters.com

Lululemon hikes fourth quarter profit, revenue forecasts on strong holiday sales

(Reuters) - Canadian yoga and leisure apparel maker Lululemon Athletica Inc on Monday raised its fourth-quarter profit and revenue forecasts, helped by a strong holiday season.

companyNews reuters.com

Lululemon hikes Q4 profit, revenue forecasts on strong holiday sales

Jan 8 (Reuters) - Canadian yoga and leisure apparel maker Lululemon Athletica Inc on Monday raised its fourth-quarter profit and revenue forecasts, helped by a strong holiday season.

businessNews reuters.com

U.S. bank gains from tax law start with red ink

NEW YORK (Reuters) - U.S. bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results.

businessNews reuters.com

Morgan Stanley to take $1.25 billion hit in fourth-quarter from tax bill

(Reuters) - Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul.

businessNews reuters.com

Morgan Stanley to take $1.25 billion hit in the fourth quarter from the tax bill

(Reuters) - Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul.

businessNews reuters.com

AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation

(Reuters) - American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits.

companyNews reuters.com

UPDATE 1-AmEx to post 4th-qtr loss on $2.4 bln hit from tax legislation

Jan 3 (Reuters) - American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits.

companyNews reuters.com

AmEx to post 4th-qtr loss due to $2.4 bln hit from tax legislation

Jan 3 (Reuters) - American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits.

businessNews reuters.com

Goldman to take one-time $5 billion hit to profit from new tax law

(Reuters) - Goldman Sachs Group Inc said on Friday it expects fourth-quarter earnings to decrease by about $5 billion, as the bank looks to take advantage of a new tax law that makes it cheaper for U.S. companies to repatriate profits.

companyNews reuters.com

RPT-UPDATE 2-Goldman to take one-time $5 bln hit to profit from new tax law

Dec 29 (Reuters) - Goldman Sachs Group Inc said on Friday it expects fourth-quarter earnings to decrease by about $5 billion, as the bank looks to take advantage of a new tax law that makes it cheaper for U.S. companies to repatriate profits.

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UPDATE 2-Goldman to take one-time $5 bln hit to profit from new tax law

Dec 29 (Reuters) - Goldman Sachs Group Inc said on Friday it expects fourth-quarter earnings to decrease by about $5 billion, as the bank looks to take advantage of a new tax law that makes it cheaper for U.S. companies to repatriate profits.

businessNews reuters.com

Goldman expects $5 billion hit to quarterly earnings due to new tax law

(Reuters) - Goldman Sachs Group Inc said on Friday it expects fourth-quarter earnings to decrease by about $5 billion due to the new U.S. tax law signed by President Donald Trump last week.

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Goldman says tax legislation to decrease 4th-qtr earnings by $5 bln

Dec 29 (Reuters) - Goldman Sachs Group Inc on Friday said the tax legislation will result in a decrease of about $5 billion in its fourth-quarter earnings.

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UPDATE 1-ABB revamps engineering business, to take Q4 charges

ZURICH, Dec 20 (Reuters) - ABB will revamp its engineering, procurement and construction (EPC) business - including its biggest but least profitable power grids division - by spinning off and winding down some operations, triggering fourth-quarter charges.

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ABB revamps engineering business, to take Q4 charge

ZURICH, Dec 20 (Reuters) - Swiss technology group ABB will revamp its engineering, procurement and construction (EPC) business by spinning off and winding down some operations, triggering fourth-quarter charges, it said on Wednesday.

companyNews reuters.com

BRIEF-CSPi Reports Q4 Earnings Per Share $0.36

* CSPI REPORTS FOURTH-QUARTER AND FULL-YEAR FISCAL 2017 FINANCIAL RESULTS

Income Tax nytimes.com

How Prepaying State and Local Taxes Could Save You Money

The tax bill bans 2017 deductions for prepayment of 2018 state income tax. But the rules differ for prepaid property taxes and fourth-quarter income taxes.

companyNews reuters.com

Honeywell sees fourth-qtr profit at top end of previous forecast

Dec 13 (Reuters) - Honeywell International Inc said on Wednesday its fourth-quarter earnings would be $1.84 per share, the top end of its previous forecast.

businessNews reuters.com

Citigroup sees 'high teens' percentage decline in fourth-quarter markets revenue

NEW YORK (Reuters) - Citigroup Inc fourth-quarter markets revenue is on track to be down by a "high-teens" percentage from a year earlier, Chief Financial Officer John Gerspach said on Wednesday.

businessNews reuters.com

Wells Fargo CEO sees better commercial loan results in fourth quarter

(Reuters) - Wells Fargo & Co will likely see improvement in its business lending segment when it reports fourth-quarter earnings in January, Chief Executive Officer Tim Sloan said at an investor presentation on Tuesday.

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UPDATE 1-Wells Fargo CEO sees better commercial loan results in Q4

Dec 5 (Reuters) - Wells Fargo & Co will likely see improvement in its business lending segment when it reports fourth-quarter earnings in January, Chief Executive Officer Tim Sloan said at an investor presentation on Tuesday.

companyNews reuters.com

UPDATE 2-Canada's TD Bank results outshone by smaller rival CIBC

* CIBC fourth-quarter EPS C$2.81 vs forecast C$2.59 (Adds comment from TD executive, analyst)

companyNews reuters.com

UPDATE 1-TD Bank posts quarterly earnings below market forecasts

TORONTO, Nov 30 (Reuters) - Toronto-Dominion Bank reported fourth-quarter results on Thursday which were below market expectations, affected by a decline in revenues at its investment banking business.

companyNews reuters.com

TD Bank posts quarterly earnings below market forecasts

TORONTO, Nov 30 (Reuters) - Toronto-Dominion Bank on Thursday reported fourth-quarter results which were below market expectations, affected by a decline in revenues at its investment banking business.

healthNews reuters.com

Sanofi expects $120 million hit as dengue vaccine hits major snag

PARIS (Reuters) - Use of Sanofi's dengue vaccine, the world's first approved shot against the mosquito-borne virus, is to be strictly limited due to evidence it can worsen the disease in people who have not previously been exposed to the infection. The French drugmaker said in a statement on Wednesday that as a result it would book a charge in its fourth-quarter results of around 100 million euros ($118.57 million).

companyNews reuters.com

UPDATE 1-Deere tops 4th-qtr estimates, sees strong earnings in 2018

Nov 22 (Reuters) - U.S. tractor maker Deere & Co on Wednesday forecast strong earnings for the coming fiscal year, while reporting fourth-quarter results ahead of Wall Street estimates, as it benefits from improving demand for farm machinery.

companyNews reuters.com

UPDATE 2-Salesforce forecasts profit below expectations

Nov 21 (Reuters) - Salesforce.com Inc forecast fourth-quarter profit slightly below market expectations, hurting its shares even as profits and revenues rose on the back of strong demand for its cloud-based sales and marketing software.

PersonalFinance reuters.com

Equifax warns on post-breach costs, revenue hit

(Reuters) - Equifax Inc on Friday issued a fourth-quarter profit outlook that fell short of Wall Street expectations, saying the massive breach of its consumer data earlier this year would hurt sales...

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UPDATE 2-Equifax warns on post-breach costs, revenue hit

Nov 10 (Reuters) - Equifax Inc on Friday issued a fourth-quarter profit outlook that fell short of Wall Street expectations, saying the massive breach of its consumer data earlier this year would hurt sales and result in costs of $60 million to $75 million during the period.

businessNews reuters.com

Priceline shares tumble as profit forecast misses Street view

(Reuters) - Shares of Priceline Group Inc fell 10 percent in early trading on Tuesday after the U.S. online travel service provider forecast fourth-quarter profit sharply below Street expectations, as it spends heavily to expand advertising its Booking.com to 18 more countries.

companyNews reuters.com

AmerisourceBergen posts loss on $592 mln charge

Nov 2 (Reuters) - Drug distributor AmerisourceBergen Corp on Thursday posted a fourth-quarter net loss as it took a $592 million charge related to litigation and employee severance costs.

companyNews reuters.com

UPDATE 3-FireEye gives weak fourth-quarter forecast, shares drop

Nov 1 (Reuters) - Cybersecurity firm FireEye Inc said on Wednesday it was likely to post an adjusted loss for the fourth quarter, hurt by shorter contract lengths.

businessNews reuters.com

Demand for modem, IoT chips helps Qualcomm top estimates

(Reuters) - Qualcomm Inc's fourth-quarter profit and revenue beat market expectations as strength in its smartphone chips business was complemented by demand for chips used in automobiles and for the Internet of Things (IoT).

companyNews reuters.com

UPDATE 4-Hess shares fall after fourth-quarter forecast slashed

Oct 25 (Reuters) - U.S. oil and gas producer Hess Corp cut its fourth-quarter production forecast on Wednesday after reporting lower-than-expected output in its largest area of operations, sending its shares down more than 5 percent.

healthNews reuters.com

Baxter expects $70 million hit to fourth-quarter sales from Hurricane Maria

(Reuters) - U.S. hospital products maker Baxter International Inc on Wednesday forecast a nearly $70 million hit to its fourth-quarter revenue, due to manufacturing disruptions arising from Hurricane Maria.

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Baxter expects $70 mln hit to 4th-qtr sales from Hurricane Maria

Oct 25 (Reuters) - Hospital products maker Baxter International Inc on Wednesday forecast a nearly $70 million hit to its fourth-quarter revenue due to manufacturing disruptions arising from Hurricane Maria.

businessNews reuters.com

Visa quarterly profit rises 11 percent

(Reuters) - Visa Inc , the world's largest payments network operator, reported an 11 percent increase in fourth-quarter profit on Wednesday, driven by its purchase of Visa Europe and as more people made payments using its network.

technologyNews reuters.com

AMD forecasts fourth-quarter revenue decline, shares fall

(Reuters) - Advanced Micro Devices Inc forecast a revenue decline for the current quarter, after six straight quarters of revenue rises, sending its shares down nearly 11 percent in after-market trading.

companyNews reuters.com

UPDATE 3-JetBlue profit falls on higher costs, hurricanes; warns on 4th qtr

NEW YORK, Oct 24 (Reuters) - JetBlue Airways Corp said on Tuesday that profit fell in the third quarter, hurt by higher operating expenses and hurricanes-related flight cancellations, and warned those factors would cut into fourth-quarter results.

healthNews reuters.com

Centene warns on Obamacare subsidy cuts, shares dive

(Reuters) - Centene Corp said on Tuesday White House moves to cut off Obamacare subsidies would knock 7-12 cents per share off the health insurer's fourth-quarter earnings, sending its shares 5 percent lower.

businessNews reuters.com

Top oilfield services firms signal fourth-quarter uncertainty

(Reuters) - The world's top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve in the longer term as the global crude market comes into balance.

companyNews reuters.com

WRAPUP 3-Top oilfield services firms signal fourth-quarter uncertainty

Oct 20 (Reuters) - The world's top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve in the longer term as the global crude market comes into balance.

sportsNews reuters.com

Stafford's two TD passes help Lions beat Giants

(The Sports Xchange) - Detroit rookie Jamal Agnew returned a punt 88 yards for a fourth-quarter touchdown, and Matthew Stafford threw two touchdown passes to help the Lions earn a 24-10 win over the New York Giants on Monday night at Met Life Stadium.

companyNews reuters.com

BRIEF-Lannett Co reports Q4 adjusted earnings per share $0.40

* Lannett reports fiscal 2017 fourth-quarter and full-year financial results, provides guidance for fiscal 2018

businessNews reuters.com

News Corp revenue misses on weak demand for print advertising

(Reuters) - News Corp on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry.

companyNews reuters.com

UPDATE 2-News Corp revenue misses on weak demand for print advertising

Aug 10 (Reuters) - News Corp on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry.

technologyNews reuters.com

Qualcomm's profit forecast disappoints as Apple battle takes toll

(Reuters) - Qualcomm Inc forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple Inc continues to take a toll on its licensing business.

companyNews reuters.com

UPDATE 2-Qualcomm's profit forecast disappoints as Apple battle takes toll

July 19 (Reuters) - Qualcomm Inc forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple Inc continues to take a toll on its licensing business.

companyNews reuters.com

BRIEF-Peak Resorts reports Q4 earnings per share $0.52

* Peak resorts reports results for fourth-quarter and full-year 2017; declares common stock dividend of $.07 per share

businessNews reuters.com

Michael Kors to close 100-125 stores

(Reuters) - Luxury retailer Michael Kors Holdings Ltd swung to a fourth-quarter loss and said it would close between 100 and 125 full-price retail stores over the next two years.

technologyNews reuters.com

China's Lenovo fourth-quarter profit falls 41 percent, beats estimates

HONG KONG (Reuters) - China's Lenovo Group Ltd , the world's largest personal computer maker, on Thursday posted a 41 percent drop in fourth-quarter profit at a time of sluggish PC demand.

companyNews reuters.com

BRIEF-Independence Holding Co Q4 profit $0.44/shr from cont ops

* Independence holding company announces 2016 fourth-quarter and annual results

technologyNews reuters.com

India's HCL Technologies fourth-quarter consol profit jumps 28 percent, beats estimates

(Reuters) - HCL Technologies Ltd , India's fourth-biggest software services firm, reported a better-than-expected 28 percent rise in consolidated fourth-quarter profit, as it added more clients in the quarter and revenue from software services rose.

companyNews reuters.com

Logitech looking at acquisitions after strong Q4 - CEO

ZURICH, April 26 (Reuters) - Logitech is looking at acquisitions to accelerate growth and help expand into new product categories, Chief Executive Bracken Darrell said on Wednesday after the computer peripherals maker's fourth-quarter results beat forecasts.

companyNews reuters.com

BRIEF-Dominion Midstream says Dominion Midstream GP increases Q1 cash distribution by 5 pct above Q4

* Dominion Midstream declares quarterly cash distribution; increases distribution by 5 percent above fourth-quarter distribution

technologyNews reuters.com

Foxconn fourth-quarter net profit estimated T$68.77 billion, up 30 percent from year ago

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and a key Apple Inc supplier, on Friday reported 30 percent growth in fourth quarter net profit from a year ago, defying expectations for a decline.

businessNews reuters.com

Wall St. little changed after GDP data; eyes on earnings

(Reuters) - U.S. stocks were little changed on Thursday as the upwardly revised fourth-quarter GDP growth rate underscored strength in the domestic economy, while investors looked ahead to the start of first-quarter earnings season.

businessNews reuters.com

Fourth-quarter economic growth revised higher, boosted by consumer spending

WASHINGTON (Reuters) - U.S. economic growth slowed less than previously reported in the fourth quarter as robust consumer spending spurred the largest increase in imports in two years.

companyNews reuters.com

Brazil's Caixa profit rises as provisions, expenses fall

SAO PAULO, March 28 (Reuters) - State-controlled Caixa Econômica Federal, Brazil's largest mortgage lender, posted a sharp jump in fourth-quarter profit on Tuesday, reflecting declining loan-loss provisions in light of a drop in delinquencies.

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Brazil's CSN to miss earnings reporting deadline

SAO PAULO, March 27 (Reuters) - Cia Siderúrgica Nacional SA, Brazil's No. 2 listed flat steelmaker, said on Monday that it would miss a regulatory deadline to file fourth-quarter results in the face of an internal reorganization plan.

companyNews reuters.com

Mexican construction firm ICA posts fourth-quarter profit

MEXICO CITY, March 27 (Reuters) - Mexico's cash-strapped construction company ICA said on Monday that it posted a net profit of 827 million Mexican pesos (US$43.82 million) in the fourth quarter of 2016, compared with a 16.5 billion peso loss in the fourth quarter of 2015.

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Brazil homebuilder Cyrela beats 4th qtr profit estimates

SAO PAULO, March 23 (Reuters) - Cyrela Brazil Realty SA, Brazil's largest homebuilder, beat fourth-quarter profit estimates and showed significantly improved cash flow on Thursday, despite a surge in sales cancellations in the recession-hit country.

businessNews reuters.com

China's ZTE posts fourth-quarter net loss after U.S. sanction case fine

HONG KONG (Reuters) - Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case.

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UPDATE 1-Petrobras raises asset sale goal to $21 bln for 2017-2018 period

SAO PAULO, March 22 (Reuters) - Petróleo Brasileiro SA on Wednesday raised a goal for asset divestitures and partnerships for 2017 and 2018 to $21 billion from $19.5 billion, a sign Brazil's state-controlled oil company plans to expand ventures with peers in segments from refining to oil exploration. In a presentation detailing fourth-quarter results, Petrobras Chief Financial Officer Ivan Monteiro said a recent ruling by Brazil's auditing court TCU regarding the plan will speed up its execu