Here's a round-up of the financial news from around the world:

1. Lloyds Banking Group plc (LYG) posted its strongest full year profits since the global financial crisis Wednesday and boosted it annual dividend to around £2.2 billion

2. Bayer AG  (BAYRY)  shares traded lower in Frankfurt Wednesday after the drugmaker posted solid full-year earnings but said its crop sciences unit would only see modest growth in 2017 as it completes its $66 billion takeover of Monsanto Co.  (MON)

3. Pfizer (PFE - Get Report) , the world's biggest drugmaker, said Wednesday that it's abandoning its European listings due to liquidity issues

4. The Dow Jones Industrial Average increased 0.58% to close at 20,743, capping off its eighth straight day of gains following a better-than-expected quarter from Walmart  (WMT - Get Report)