| | Lower tax rate fuels Ford beat, seen lifting full-year profit | | DETROIT (Reuters) - Ford Motor Co on Wednesday reported a better-than-expected quarterly net profit due to a lower tax rate and increased U.S. sales of more-profitable pickup trucks, but forecast a slightly lower 2017 pre-tax profit and its shares dipped 1.2 percent in premarket trading. |
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| | Wall Street set to open higher on earnings; Fed in focus | | (Reuters) - U.S. stock indexes were poised to open at record levels on Wednesday following a set of strong quarterly earnings, led by Boeing and AT&T, while investors awaited the outcome of a two-day Federal Reserve meeting. |
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| | Fed expected to leave rates unchanged; balance sheet in focus | | WASHINGTON (Reuters) - The Federal Reserve is expected to hold interest rates unchanged on Wednesday and possibly hint that it will start winding down its massive holdings of bonds as soon as September in what would be a vote of confidence in the U.S. economy. |
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| | Hilton's profit beats; raises earnings forecast again | | (Reuters) - Hilton Worldwide Holdings Inc , the owner of the Waldorf Astoria hotel chain, reported a higher-than-expected quarterly revenue and profit, as more people booked rooms at higher prices, and raised its 2017 earnings forecast yet again. |
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