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Eastman Chemical said the December quarter revenue declined 12% to $2.37 billion and net income dropped to $2 million from $380 million and diluted EPS plunged to 1 cent from $2.81 a year ago.

Intel said fourth quarter revenue plunged 32% to $14.0 billion and swung to a net loss of $0.7 billion from a profit of $4.6 billion. Diluted EPS was a loss of 16 cents compared to $1.13 a year ago.

Mastercard said in local currencies cross border volume soared 31% and gross dollar volume increased 8% and repurchased 7.4 million shares at a cost of $2.4 billion and paid $473 million in dividends.

Visa Inc said in the December quarter payment volumes rose 7%, number of transactions processed increased 10% and cross border volume advanced 22%.

Visa Inc said revenue in the December quarter increased 12% to $7.9 billion and net income rose 6% to $4.2 billion and diluted earnings per share jumped to $1.99 from $1.84 a year ago.

Mastercard Intl said fourth quarter revenue increased 12% to $5.8 billion and net income rose 6% to $2.5 billion and diluted earnings per share increased to $2.62 from $2.41 a year ago.

Valero Energy said revenue in the December quarter rose 16.2%to $41.7 billion and net income increased three-fold to $3.2 billion and diluted earnings per share soared to $8.15 from $2.47 a year ago.

T. Rowe Price Group said the December quarter revenue dropped 22% to $1.5 billion and net income plunged 64% to $266 million and diluted earnings per share fell to $1.16 from $3.18 a year ago.

Sherwin Williams said revenue in the December quarter increased 9.8% to $5.2 billion and net income increased 10% to $386 million and diluted EPS rose to $1.48 from $1.15 a year ago.

SAP said revenue in the December quarter increased 6% to €8.4 billion and net income plunged 77% to €332 million and diluted earnings per share dropped 66% to 47 cents from €1.23 a year ago.

UK car production fell 9.8% in 2022 to 775,014 units with 78% production exported. Domestic demand rose 9.4% to 168,176 and exports fell 14% to 606,838 units. EV and hybrids account for 30% of total.

U.S. new home sales in December rose for the third month in a row to 616,000 annual pace but plunged 26.6% in 2022 to 644,000, the lowest level in four years.

U.S. weekly jobless claims fell 6,000 from upwardly revised previous week to 186,000 in the week ending January 21, the lowest since April and the 4-week moving average fell 9,250 to 197,000.

U.S. durable goods orders soared 5.6% in December from previous month and orders, largest increase since July 2020. Transportation orders increased 16.7% and orders excluding transportation fell 0.1%.

The U.S. economy expanded at 2.9% annual pace in the fourth quarter, slower than 3.2% in the third quarter, the BEA said in a preliminary report. 2022 GDP rose 2.1% following a 5.9% rise in 2021.

CSX Corp said fourth quarter revenue increased 9% to $3.73 billion and net income increased 9% to $1.0 billion from $934 million and earnings per share rose 17% to 49 cents from 42 cents a year ago.

Chevron Corp said its board authorized a new $75 billion stock repurchase program with no expiry date from April 1 after the ending of the $25 billion plan that will be completed at the end of March.

Chevron Corp increased quarterly dividend by 6% to $1.51 a share payable on March 10 to shareholders on record February 16, 36th consecutive year of increase in annual dividend payout per share.

Toyota Motor appointed Lexus President Koji Sato as the next chief executive of the company, after Akio Toyoda decided to step down and assume chairman role.

Southwest Airlines said revenue in the December quarter increased 22% to $6.2 billion and swung to a net loss of $220 million or 37 cents from a profit of $68 million or 11 cents a share.