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Earnings Watch For Jan 31 (CL, UPS, VIAB, WHR, WYNN)

Colgate-Palmolive Co. (CL) is expected to post fourth quarter results before the markets open. The New York-based consumer goods giant is expected to earn $1.40 per share, higher than $1.30 per share reported a year ago. Revenues are estimated at $4.31 billion, up from the prior year's $4.17 billion. The company's shares closed Wednesday's regular trading at $110.85. (52-wk H/L $111.37/$90.78)

Atlanta, Georgia-based United Parcel Service, Inc. (UPS) will report its fourth quarter results today. Earnings of the world's largest package delivery company are expected to increase to $1.38 per share from $1.28 per share reported a year earlier, while quarterly revenues are anticipated to rise to $14.43 billion from last year's $14.17 billion. The stock closed Wednesday at $81.23. (52-wk H/L $82.76/$69.56)

Media conglomerate Viacom, Inc. (VIAB) is scheduled to report first quarter results. Earnings for the quarter are expected to decline to $0.90 per share from $1.06 per share in the previous year. The New York-based company is anticipated to record revenues of $3.48 billion, a decline from last year's $3.95 billion. Shares of VIAB closed Wednesday's trade at $59.33. (52-wk H/L $59.56/$44.85)

Home appliances maker Whirlpool Corp. (WHR) is slated to report results for the fourth quarter. The company is expected to post earnings of $2.23 per share, an increase from $1.73 per share reported a year ago, on revenues of $4.88 billion. The company's shares closed Wednesday's session at $108.72. (52-wk H/L $111.58/$54.08)

Wynn Resorts Ltd. (WYNN) will report its third-quarter results after the markets close. Earnings for the quarter are expected to fall to $1.25 per share from $1.55 per share reported a year ago, with revenues estimated at $1.27 billion. The stock closed Wednesday at $123.49. (52-wk H/L $138.28/$90.11)

Bebe Stores Inc. (BEBE), Brooks Automation Inc. (BRKS), The Chubb Corporation (CB), Consolidated Edison Inc. (ED), Ctrip.com (CTRP), Eastman Chemical (EMN), Emulex Corp. (ELX), Manitowoc Company Inc. (MTW), NetSuite, Inc.(N) , PMC-Sierra Inc. (PMCS), Principal Financial Group Inc. (PFG), Reinsurance Group of America Inc. (RGA), Tellabs Inc. (TLAB), Aetna Inc. (AET), Alliance Data Systems Corporation (ADS), Altria Group Inc. (MO), AutoNation Inc. (AN), Corinthian Colleges Inc. (COCO), The Hershey Company (HSY), MGIC Investment Corp. (MTG), Nasdaq OMX Group Inc. (NDAQ), Pitney Bowes Inc. (PBI), PulteGroup, Inc. (PHM), Royal Caribbean Cruises Ltd. (RCL), Time Warner Cable Inc. (TWC), Under Armour, Inc. (UA)are also scheduled to report their results.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Anglo-Dutch oil giant Royal Dutch Shell plans to cut 2,200 more jobs, as the company continues to face lower oil prices, media reported Wednesday citing an emailed statement. The latest round of cuts would bring the total job cuts this year to at least 5,000 globally. In the U.K. and Ireland, the company plans to reduce staff working in exploration and production by 475. Tiffany & Co. (TIF) reported first-quarter net earnings of $87 million, or $0.69 per share compared to $105 million, or $0.81 per share, in the prior year. The company noted that its first-quarter results included a tax benefit of $0.05 per share related to the settlement of a tax examination. On average,... Shares of Marks & Spencer Group plc were losing around 8 percent in the early morning trading in London, after the retailer reported lower profit in its fiscal 2016, hurt mainly by weak results at clothing & Home segment and lower UK LFL sales. Looking ahead, the company warned about profit, and said it sees a similar sales trend in fiscal 2017.
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