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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

Business News

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Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents. Non-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent. Google has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros in fines
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