Verizon Revenue Falls Again

Verizon Communications Inc. posted another decline in revenue amid a continued drop-off in subscriber additions as a pricing war continues to drag on the wireless provider's results.

 
Johnson & Johnson Posts Rise in Revenue and Profit, Issues Cautious Forecast

Johnson & Johnson posted revenue and profit increases for the fourth quarter, but the health-care company's forecast for this year fell below Wall Street estimates.

 
Wal-Mart to Cut 200 E-Commerce Staffers

Wal-Mart plans to lay off about 200 e-commerce employees in its California offices Tuesday, part of a round of job cuts hitting the retailer's corporate offices before the end of January.

 
Rio Tinto Unloads Most of Its Coal Assets in $2.4 Billion Deal

Rio Tinto, capitalizing on last year's sharp rally in commodity prices, sold a major piece of its coal business for $2.45 billion to a Chinese company.

 
Ford Taps Apple Executive as New Branding Chief

Ford Motor has tapped a top Apple executive as its new branding chief, the latest in a series of auto-industry outsiders hired by Chief Executive Mark Fields as the company seeks to diversify beyond its auto-making business.

 
Lockheed Martin 2017 Guidance Falls Short

Lockheed Martin reported forecast-beating fourth-quarter earnings, though its initial 2017 profit guidance fell short of expectations and triggered a drop in the company's shares.

 
Oscar Nominations Validate Amazon's Hollywood Ambitions

Amazon.com, America's biggest online retailer, is now the first internet company to earn an Academy Award nomination for best picture.

 
3M's Fourth Quarter Profit, Revenue Rises

3M Co. said its fourth-quarter earnings and revenue rose, led by strength in its core industrial unit.

 
DuPont Pushes Back Dow Deal Closing Date

DuPont pushed back the closing date for its merger with Dow Chemical, as European antitrust authorities scrutinize the companies' agricultural businesses.

 
Alibaba Raises Outlook as Revenue Surges

Buoyed by China's insatiable online shoppers, Alibaba Group posted a strong third quarter, raised its revenue outlook and said it would step up investments to expand its digital media and cloud businesses.

(END) Dow Jones Newswires

January 24, 2017 13:15 ET (18:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.