Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
BP (BP) is taking a $1.7B charge to its fourth quarter earnings due to its 2010 Gulf of Mexico oil spill. According to the British oil giant, it now estimates disaster relief has reached around $62B. Investors are already zeroing on this quarter’s bottom line after BP announced a $1.5B charge thanks to President Trump’s tax overhaul.
Citi (C) is working to close the gender pay gap. The bank announced it will increase job compensation for women and minorities in the U.S., U.K. and Germany. The move comes after an internal assessment revealed those groups were paid less than men.
CVS (CVS) wants beauty manufacturers to get real. The drugstore chain says it’s banning photo manipulation in its store-brand makeup displays. It’s also requiring all other beauty brands that sell products in its stores to commit to the ban by 2020 or face having an alert label placed on in-store promotions and displays that featured touched up images of models.
Netflix (NFLX) is looking to expand its reach. The streaming giant says it’s “still exploring” ways to launch on the Nintendo Switch. That’s despite a tweet from Netflix support saying otherwise. Last November, Nintendo launched a deal with Hulu and said it was in talks with other companies such as Netflix and Amazon.