Earnings

February 22, 2019 - 11:50 am
Technology and health care companies led U.S. stocks higher in morning trading Friday, erasing some of the market's losses from a day earlier and placing the benchmark S&P 500 on track for its fourth straight weekly gain. The broad rally came as investors weighed a mixed batch of corporate...
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February 22, 2019 - 9:15 am
DETROIT (AP) — AutoNation, the country's largest auto dealership chain, went outside the auto industry to find its new chief executive, appointing a top leader from the USAA financial services company. The Fort Lauderdale, Florida, chain announced Friday that Carl Liebert will take over for the...
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FILE - In this file photo dated Thursday, Oct. 23, 2008, A tugboat passes a container ship docked at APM Terminals in Elizabeth, N.J. U.S.A. APM Terminals is owned by A.P. Moller-Maersk Group of Netherlands. Shares in the world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, plunged Thursday Feb. 21, 2019, after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. (AP Photo/Mark Lennihan, FILE)
February 21, 2019 - 5:59 am
COPENHAGEN, Denmark (AP) — Shares in the world's biggest shipping company, Denmark's A.P. Moller-Maersk, plunged Thursday after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. The company reported a fourth quarter loss of $34 million, from a $...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
February 20, 2019 - 9:15 am
CVS Health beat fourth-quarter earnings forecasts, but a struggling long-term care business took another huge bite out of the company's performance and its initial 2019 forecast was weaker than expected. Shares tumbled nearly 9 percent before the opening bell Wednesday. CEO Larry Merlo said in a...
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FILE - This Oct. 27, 2010, file photo shows a Boeing 737 being delivered to FlyDubai in Seattle. Budget carrier FlyDubai said Wednesday, Feb. 20, 2019, that revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million. (AP Photo/Elaine Thompson, File)
February 20, 2019 - 4:40 am
DUBAI, United Arab Emirates (AP) — Dubai's government-owned budget carrier FlyDubai said Wednesday its revenues increased to $1.7 billion in 2018, though the airline ended the year with a loss of $43.5 million. The airline that flies out of both Dubai International Airport and Dubai World Central's...
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FILE- In this Nov. 9, 2018, file photo shoppers look at toys at a Walmart Supercenter in Houston. Walmart Inc. reports financial results Tuesday, Feb. 19, 2019. (AP Photo/David J. Phillip, File)
February 19, 2019 - 7:46 am
NEW YORK (AP) — Walmart delivered a quarterly report that beat expectations on profit and revenue, and e-commerce sales surged during the critical holiday period. Shares moved sharply higher before the opening bell Tuesday. Walmart is the first major retailer to deliver fourth-quarter results and...
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February 19, 2019 - 12:23 am
LONDON (AP) — Europe's biggest bank has reported its net profit jumped 30 percent in 2018 from the previous year to $12.6 billion. The London-based bank, whose profit is mainly from Asia, said its revenue rose 5 percent from a year earlier to $53.8 billion. Pre-tax profit rose 16 percent to $19.9...
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FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
February 15, 2019 - 3:34 pm
Plans by the U.S. and China to extend key trade talks drove stocks broadly higher in late-afternoon trading Friday, lifting the Dow Jones Industrial Average more than 300 points. The gains mark a turnaround after the market ended modestly lower Thursday following a disappointing holiday sales...
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FILE- In this May 7, 2018, file photo a delivery man unloads cases of soft drinks from a Pepsi truck in New York. PepsiCo Inc. reports earns on Friday, Feb. 15, 2019. (AP Photo/Mark Lennihan, File)
February 15, 2019 - 10:28 am
PURCHASE, N.Y. (AP) — PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit North America strengthened. Shares rose $2.36, or 2.1 percent, to $114.95 in Friday morning trading. The food and beverage company recorded a $5.3 billion...
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FILE- This Nov. 14, 2018, file photo shows Coca-Cola Zero Sugar at a market in Pittsburgh. The Coca-Cola Co. reports financial results Thursday, Feb. 14, 2019. (AP Photo/Gene J. Puskar, File)
February 14, 2019 - 11:38 am
ATLANTA (AP) — A weak annual outlook from Coca-Cola overshadowed solid quarterly results Thursday, wiping out its stock gains for the year and setting off the worst sell-off of company shares in more than a decade. Coke expects organic revenue growth of 4 percent in 2019, a point lower than last...
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