Reuters Business News – Spoken Edition

HOUSTON (Reuters) - Chevron Corp (CVX.N) reported a lower-than-expected quarterly profit on Friday as U.S. production slipped, offsetting a rise in oil and natural gas prices. Shares of the San Ramon, California-based company fell 1.2 percent to $117 in premarket trading. The stock has gained less than 1 percent this year. Net income in the third quarter was $1.95 billion, or $1.03 per share, compared with $1.28 billion, or 68 cents per share, a year earlier.

(Reuters) - Anthem Inc (ANTM.N) reported better-than-expected quarterly profit as the No. 2 U.S. health insurer added more members in its commercial and specialty business and increased its premium rates. The company, which has significantly reduced its presence in the Obamacare markets, raised its 2017 adjusted earnings forecast to $11.90 to $12.00 per share, up from its previous expectation of earnings of greater than $11.70. Anthem said net income rose to $746.9 million, or $2.

DHAKA (Reuters) - The U.S. oil company Chevron (CVX.N) will not sell three subsidiaries and leave Bangladesh as planned, Chevron said on Sunday. Chevron had said in April it would sell to China’s Himalaya Energy Co. the wholly owned subsidiaries that operate three gas fields, which together account for 58 percent of Bangladesh’s gas production.

(Reuters) - Nike Inc (NKE.N) said on Wednesday it expects earnings per share to grow in the mid-teens over the next five years, driven by online sales and new product categories, sending its shares up by about three percent. The stock was the top gainer on the Dow on a day when the broader market was down.

(Reuters) - United Technologies Corp (UTX.N) on Tuesday reported a higher-than-expected quarterly profit, and raised its full-year earnings per share and sales forecasts for the second time this year. Shares of the maker of Otis Elevators, Pratt & Whitney aircraft engines and Carrier air conditioners were up about 1.7 percent at $122.98 in premarket trading. United Tech raised its 2017 adjusted earnings per share forecast to $6.58-$6.63 from $6.45-$6.