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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

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

A look at what the movers and shakers are ahead of the bell in New York

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.

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