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Snap-On Inc (SNA.N)

SNA.N on New York Stock Exchange

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$-1.01 (-0.59%)
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Thu, Feb 2 2017

BRIEF-Snap-On reports Q4 earnings per share $2.47

* Snap-On announces fourth quarter and full year 2016 results

Facebook's torrid growth turns up heat on Snap

NEW YORK (Reuters Breakingviews) - Facebook beat expectations on both the top and bottom line despite concerns its business is poised to slow. The stellar results underscore the grip Facebook has over its nearly 2 billion users. Proving it can overcome such dominance will be rival Snap's big challenge ahead of its IPO.

Snap IPO developing into a photo op

NEW YORK (Reuters Breakingviews) - Snap wants to be sure youth is not wasted on the young. The disappearing-message and picture app is preparing an initial public offering at the tender age of five years. That's earlier than most of its technologically minded peers, which tend to mature a little more before going public. Snap's value, however, may yet have some growing to do. The Los Angeles-based startup led by 26-year-old Evan Spiegel and formerly known as Snapchat submitted confidential IP

BRIEF-Snap-On acquires Sturtevant Richmont

* Snap-On Inc - Acquisition of Sturtevant Richmont, will be part of company's commercial & industrial group

BRIEF-Snap-On Q3 earnings per share $2.22

* Q3 earnings per share view $2.15 -- Thomson Reuters I/B/E/S

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