3M earned adjusted $ 2.31 per share for the fourth quarter, Revenue exceeds forecasts , but 3M reduces its forecast for the full year by citing the current economic environment along with other factors.
– The drug maker wins one pound per share, with a fourth-quarter earnings adjusted of 64 cents per share. Revenue also beat Street's predictions, but Pfizer's prospects for 2019 were exhausted by consensus. The company expects a hit from the loss of patent protection in the treatment of Lyrica pain.
Verizon's fourth-quarter earnings rose to 3 cents a share over estimates at $ 1.12 per diluted share, with revenue shy of forecasts. Verizon's results were supported by a higher-than-expected number of subscriptions.
Xerox – The office technology provider came in 10 cents a share over the estimates, with a revised quarterly profit of $ 1.14 per share. Revenues were slightly shy of forecasts, but Xerox also provided a profit forecast of 2019 that outpaced consensus estimates.
PG & E – PG & E filed a protection request under Chapter 11 as it deals with potential forest fires in California in 2017 and 2018. .
Whirlpool [Whirlpool] – Whirlpool reported a revised quarterly profit of $ 4.75 per share, overtaking a consensus estimate of $ 4.23 per share. However, the instrument manufacturer's revenue came under Street's estimates and Whirlpool posted its first annual loss for more than 10 years. It is expected to return to profitability this year, but its forecast is below analysts' forecasts.
Wynn Resorts – Wynn executives ignored grievances against former CEO Steve Wynn, according to a newly issued report by the Game Control Board in Nevada. The report was accompanied by a proposed agreement in which Wynn agreed to pay an unspecified fine. The casino operator agreed that the report largely corresponds to its own findings.
AK Steel – AK Steel wins 5 cents per share with a revised quarterly profit of 16 cents per share. Revenue from steelmakers was largely in line with projections. Stronger sales helped offset the effect of higher costs.
SAP said it would carry out a restructuring after a year in which the business software developer missed its own sales and profits targets. SAP will incur a $ 1 billion restructuring fee, most of which in the first quarter.
Intel will invest about $ 11 billion in a new Israeli semiconductor enterprise, according to the country's finance minister.
Apple said they would issue a software patch later this week to fix a bug related to the Facetime service. The error allows iPhone users to hear sound from someone they have dialed even if the call is not answered. (Here's how to disable FaceTime so people can not spy on you by using an error.)
AT & T plans to cut jobs in some of its weaker business units by employing more workers in more rapidly growing regions, according to a report by Reuters, quoting a spokesman for the company.
Square has been downgraded to "lower" than "market performance" by Raymond James, who believes the mobile pay technology provider has seen an organic growth peak in its third quarter, and that key indicators will show the material delay this year.
Visits – Both shares were rated "better" in a new Jefferies cover, with both payment systems benefiting from the industry's secular growth.
BlackRock was upgraded to buy from Jefferies' hold, who said the asset management giant would benefit from favorable changes in investor behavior, despite the unstable market background.  BlackRock 
Polaris Industries – The manufacturer of recreational vehicles beat a one-stotinki share, with a adjusted quarterly profit of $ 1.83 per share. However, its revenue fell below forecasts and it provided a weaker-than-expected year-over-year projection for 2019, citing global trade and economic uncertainty.