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1014 ET 27Jan2010
Canon shares down in NYSE after results

New York-traded shares of Japan's Canon Inc dipped 1.7 percent to $40.72 after the world's largest digital camera marker on Wednesday reported stronger-than-expected net profit for the fourth quarter, but a steep decline for the entire year.

The Japanese electronics giant forecast its first annual profit growth in three years after more than doubling its profit in the fourth quarter, as the camera and office equipment maker shifts gear back into expansion. But for the entire 2009, Canon posted a 57 percent decline in net profit and a 56 percent drop in operating profit as the yen's strength for much of the year hurt its overseas sales. Revenue sank 22 percent. For details, see

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0952 ET 27Jan2010-US STOCKS
Wall St opens flat after mixed corporate results

U.S. stocks opened little changed on Wednesday after a mixed bag of quarterly profit and revenue results from Caterpillar Inc and Gilead Sciences Inc. Caution ahead of the end of the policy-setting Federal Reserve meeting and over Greece's finances also weighed on investor sentiment.

The Dow Jones industrial average was down 10.58 points, or 0.10 percent, at 10,183.71. The Standard & Poor's 500 Index was down 0.49 points, or 0.04 percent, at 1,091.68. The Nasdaq Composite Index was up 5.27 points, or 0.24 percent, at 2,209.00.

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0847 ET 27Jan2010
Tyco Electronics beats profit expectations, shares up

Electronic connector maker Tyco Electronics Ltd's posted a larger-than-expected jump in quarterly profit on Wednesday and said it expects adjusted operating margin to approach 12 percent in the next quarter from 11.5 percent in the previous one.

Its shares last traded up 4.8 percent at $26.60 premarket.

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0841 ET 27Jan2010
Boeing swings to quarterly profit, revs rise

Boeing Co shares rose 2.8 percent to $59.30 on Wednesday after the plane maker and defense contractor reported a net profit versus a year-ago loss as revenue increased, even as the recession triggered a decline in orders. For details see

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0833 ET 27Jan2010
Rockwell profit beats Street, shares jump

Rockwell Automation Inc shares jumped 7.2 percent to $49.50 after Rockwell, the maker of systems that make factories run more efficiently, posted earnings and sales that blew past Wall Street estimates and raised its 2010 profit target. For details see.

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0751 ET 27Jan2010
Caterpillar shares down after quarterly results

Caterpillar Inc shares fell in premarket trading after the company reported fourth-quarter earnings that beat estimates, but fell short on revenue. For details, see

The stock was down 1 percent at $55.31.

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0706 ET 27Jan2010
Earnings and economic diary for Jan 27

The day's earnings calendar includes quarterly results from Boeing Co and ConocoPhillips. Economic data on tap includes the Commerce Department's new home sales for December at 10 a.m. EST (1500 GMT). while the Federal Reserve Bank of Chicago releases its Chicago Fed Midwest Manufacturing Index for December at noon (1700 GMT).

The Federal Open Market Committee concludes its two-day policy-setting meeting at about 2:15 p.m. (1915 GMT), with few policy shifts expected. For details see.

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