CL Colgate Palmolive Co

Among the companies with shares expected to trade actively in Friday's session are Air Products & Chemicals Inc. (APD), Honeywell International Inc. (HON) and Colgate-Palmolive Co. (CL).

Air Products lowered its fiscal 2017 outlook amid political uncertainty in the U.S. and Europe as the industrial-gas company reported lower-than-expected first quarter earnings. Shares fell 5.07% $141.27 in premarket trading.

Honeywell posted an organic revenue decline and a smaller profit in its latest quarter as expenses rose. Shares fell 0.73% to $117.11 premarket.

Colgate-Palmolive posted a bigger-than-expected decline in sales in the final quarter of the year, as the consumer-products giant said it contended with worsening foreign-exchange challenges that continue to pressure the top line. Share fell 5.04% to $64.80 premarket.

American Airlines Group Inc.'s (AAL) fourth-quarter revenue rose 1.7%, and a much-watched industry metric measuring airline performance turned positive for the first time since 2014. Shares rose 2.32% to $50.74 premarket.

Drugmaker AbbVie Inc. (ABBV) posted higher revenue, but profit fell in its latest quarter as expenses rose and its smaller drugs posted sales below Wall Street expectations. Shares fell 0.62% to $60.89 premarket.

General Dynamics Corp. (GD) said its fourth-quarter earnings rose as sales increased across the company's portfolio. Shares rose 0.68% to $178.50 premarket.

Chevron Corp. (CVX) swung to a profit in the latest quarter as the company slashed expenses amid a tough pricing environment.

E*Trade Financial Corp.'s (ETFC) fourth-quarter profit rose 43%, driven by a surge in trading activity. The online brokerage's results beat Wall Street's expectations.

Google parent Alphabet Inc.'s (GOOG) fourth-quarter profit rose 8.3%, but it still fell short of analysts' expectations on a higher-than-expected tax adjustment.

Intel Corp.'s (INTC) quarterly profit slipped 1.4% despite solid sales, as the company invested heavily to maintain leadership in microprocessors for personal computers and for servers used in giant data centers.

Microsoft Corp. (MSFT) posted big quarterly gains in its web-based, on-demand computing business, solidifying its spot as the stiffest competitor to Amazon.com Inc.'s market-leading cloud unit.

An increase in online sales during the holidays helped push PayPal Holdings Inc.'s (PYPL) fourth-quarter revenue up 17%, executives said. The payments company, spun off from eBay Inc. (EBAY) in 2015, said it added more accounts in the most recent period than it had in two years, bringing total active accounts to 197 million.

Starbucks Corp. (SBUX) cut its revenue target for the year and reported lower-than-expected revenue for the December quarter. The company blamed the latest miss on its mobile order app, which was intended to reduce cash register lines. Instead, Starbucks Operating Chief Kevin Johnson said, the lines have just shifted to the pickup counter. Mr. Johnson, who is slated to succeed Howard Schultz as chief executive in April, said long waits have driven away customers.

Swift Transportation Co.'s (SWFT) revenue fell in the most recent quarter, the seventh straight decline, as a freight market downturn continues to take a toll on the trucking company, driving down profit and revenue for the year.

Two days after U.S. President Donald Trump called for an expedited review of the Keystone XL pipeline project, TransCanada (TRP, TRP.T) has reapplied for a permit from the State Department. TransCanada initially applied for the permit, which is needed for oil pipelines to cross an international border into the US, in 2008 and again in 2012. The project, a flashpoint in the global debate over climate change and fossil fuels, would also need approval from Nebraska authorities.

VMware Inc.'s (VMW) strong performance, beating both quarterly and annual earnings estimates, shows the company is dealing well with tectonic change, including new parent company Dell Technologies Inc. (DVMT) and the industry's accelerating move to the cloud. VMware's so-called hybrid-cloud approach centers on making it easier for customers to run computing tasks both in their VMW-equipped data centers and on partner clouds.

Write to Chris Wack at chris.wack@wsj.com or Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

January 27, 2017 09:25 ET (14:25 GMT)

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