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Earnings Season Headlines

Russian pipe maker TMK says 2017 output up 10.6 pct

TMK, Russia's largest maker of steel pipes for the oil and gas industry, said on Friday its 2017 shipments of steel pipes totalled 3.8 million tonnes, up 10.6 percent compared to the previous year, due to a market recovery in North America.

Late timing of Chinese New Year weighs on Remy Cointreau Q3

French spirits group Remy Cointreau said on Friday that like-for-like sales growth slowed to 3.2 percent in the third quarter, as the late timing of the Chinese New Year and a high year-ago comparison basis weighed on its cognac sales. The Chinese New Year, a key moment for consuming and offering premium drinks, starts on Feb.16 this year, delaying its positive impact on sales to Remy Cointreau's fourth quarter.


Trump administration appeals against 'Dreamer' immigrant ruling to top court

WASHINGTON The U.S. Justice Department asked the Supreme Court on Thursday to quickly overturn a lower court ruling that blocked President Donald Trump's move to end a program that protects hundreds of thousands of immigrants brought to the United States illegally as children.