The U.S. is concerned that Chinese telecommunications firms could be used by the country’s government to spy on or disrupt U.S. networks. The affected firms likely would include Huawei Technologies Co. and ZTE Corp., two of the world’s leading telecommunications equipment makers. Cigna Corp., DowDuPont Inc., Pandora Media Inc., PG&E Corp.,Weight Watchers International Inc. and Xerox Corp. are among the companies slated to report earnings today. Revenues at over 400 middle-market firms based in Europe rose by 4.9% in the fourth quarter of 2017, up from 4.8% in the prior-year quarter. The Morning Ledger from CFO Journal cues up the most important news in corporate finance every weekday morning.

Source: Wall Street Journal May 03, 2018 11:26 UTC