logo-loader

Schlumberger Limited, SunTrust Banks Inc, Synchrony Financial - PRE-MARKET

Last updated: 08:08 19 Jan 2018 EST, First published: 03:08 19 Jan 2018 EST

1516367465_1-14355183091_df080f641a_o
Schlumberger, the oil services giant, reported before the bell

US shares are seen opening higher on Friday after closing in the red yesterday, while the potential US government shut-down is the main story away from corporate news.

House Republicans approved a bill yesterday to keep it running until mid-February but some Democrats in the Senate appear poised to take a stand.

In company news, oil services titan Schlumberger Limited (NYSE:SLB) is in focus in pre-market deals, with the stock down 0.35% to US$76.10 as it posted full  year and fourth quarter figures.

Full-year 2017 revenue came in at US$30.4bn - an increase of 9% year-on-year, while the net loss on a GAAP basis, was US$1.5bn versus a loss of US$1.68bn in 2016.

Elsewhere, SunTrust Banks Inc (NYSE:STI) added 0.82% after hours to US$68.50. The firm reported a profit of US$710mln, or US$1.48 a share.

Not including the impact of the new tax law and one-time items, the bank earned US$1.09 a share, which was better than Thomson Reuters analysts' expectations of adjusted earnings of US$1.05 cents a share.

Synchrony Financial (NYSE:SYF) shares shed 3% after hours at US$36.18 as the financial services group beat on fourth quarter earnings and revenue.

Poseidon Nickel signs binding agreement with Mineral Resources to divest...

Departing Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) CEO Craig Jones and incoming CEO Brendan Shalders join Proactive’s Jonathan Jackson to discuss the divestment of Lake Johnston to Mineral Resources Ltd (ASX:MIN). Jones, who has played a pivotal role in this strategic move, shared insights on...

3 hours, 18 minutes ago