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MARKETS LIVE BLOG:

STOCKS EXTEND GAINS AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Google, Honeywell agree to resolve Nest Labs patent dispute

Reuters
The neon Google sign in the foyer of Google's new Canadian engineering headquarters in Kitchener-Waterloo, Ontario January 14, 2016. REUTERS/Peter Power/Files (Reuters)

(Reuters) - Alphabet Inc's Google and climate control systems maker Honeywell International Inc have reached an agreement to resolve patents disputes related to Alphabet's Nest Labs, a maker of Internet-connected thermostats. The companies said on Thursday that they had reached a long-term patent cross-license agreement. The statement did not disclose financial and other details of the agreement. (Reporting by Anya George Tharakan in Bengaluru; Editing by Kirti Pandey)