Earnings

1010 WINS Newsroom
November 06, 2019 - 3:47 am
FRANKFURT, Germany (AP) — Automaker BMW reported Wednesday that net profit increased 11.5 percent from a year ago to 1.55 billion euros ($1.72 billion) in the third quarter, helped by a rejuvenated model line and the absence of last year's market disruptions due to troubles with diesel cars...
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FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
November 05, 2019 - 5:31 pm
NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
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FILE- In this Dec. 10, 2017, file photo Jacksonville Jaguars running back T.J. Yeldon warms up wearing Under Armour cleats before an NFL football game against the Seattle Seahawks in Jacksonville, Fla. A strong quarter from Under Armour is being overshadowed by a federal investigation into the company’s accounting practices. The athletic gear maker reported better than expected profit and revenue for the third quarter Monday, Nov. 4, 2019, but shares are down 13% before the opening bell. (AP Photo/Stephen B. Morton, File)
1010 WINS Newsroom
November 04, 2019 - 1:01 pm
BALTIMORE (AP) — A strong quarter from Under Armour was overshadowed by federal investigations into the company's accounting practices. The company also lowered its revenue expectations for the year Monday. The probe, first reported by The Wall Street Journal, is seeking information that would...
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1010 WINS Newsroom
November 04, 2019 - 7:11 am
MILAN (AP) — Ferrari has raised its earnings forecast, citing a robust third-quarter performance including a 9% increase in deliveries. The sportscar maker said Monday that net profit was 169 million euros ($188 million). That was down from 287 million euros a year earlier, when Ferrari benefited...
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1010 WINS Newsroom
November 03, 2019 - 9:34 pm
NEW YORK (AP) — Under Armour Inc. is being investigated by federal authorities over its accounting practices. The athletic gear company said Sunday that it has been cooperating with the U.S. Securities and Exchange Commission and the U.S. Department of Justice on their investigations for two years...
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FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway Inc. reports earnings on Saturday, Nov. 2. (AP Photo/Nati Harnik, File)
1010 WINS Newsroom
November 02, 2019 - 6:14 pm
OMAHA, Neb. (AP) — Warren Buffett's company reported Saturday that it saw an 11% decline in third-quarter profits because of a smaller increase in the paper value of its investments, even as it sits on a mountain of cash. Berkshire Hathaway said it made $16.52 billion, or $10,119 per Class A share...
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FILE - In this June 26, 2019, file photo a Mobil gas pump displays the various types of fuel and their prices at this Flowood, Miss., station. Exxon Mobil Corp. reports financial results Friday, Nov. 1. (AP Photo/Rogelio V. Solis, File)
1010 WINS Newsroom
November 01, 2019 - 10:38 am
NEW YORK (AP) — Exxon Mobil's profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in profits in the third quarter Friday, down 49% from the same time last year. Total revenue was $65.05...
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FILE - In this June 26, 2019, file photo a Mobil gas pump displays the various types of fuel and their prices at this Flowood, Miss., station. Exxon Mobil Corp. reports financial results Friday, Nov. 1. (AP Photo/Rogelio V. Solis, File)
1010 WINS Newsroom
November 01, 2019 - 8:30 am
IRVING, Texas (AP) — Exxon Mobil's profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped. Exxon Mobil Corp. on Friday reported net income of $3.17 billion, or 75 cents per share. Those per-share earnings were 68...
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FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. Altria swung to a loss in the third quarter as it wrote down the value of its investment in e-cigarette maker Juul. Altria bought roughly a third of Juul for $13 billion last December. Since then, an outbreak of vaping illnesses - some deadly - has led to multiple investigations, with Juul no longer advertising its products in the U.S. (AP Photo/Seth Wenig, File)
1010 WINS Newsroom
October 31, 2019 - 6:13 pm
WASHINGTON (AP) — Marlboro-maker Altria is taking a big financial hit from its multibillion-dollar bet on e-cigarettes. The tobacco giant on Thursday slashed the value of its investment in the beleaguered vaping company Juul Labs by a third, dragging down its results to a financial loss for the...
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FILE - In this Monday, Oct. 28, 2019, file photo trader Craig Esposito works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 31. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
October 31, 2019 - 12:27 pm
NEW YORK (AP) — U.S. stocks moved broadly lower Thursday as investors shifted to a more cautious stance following another record high for the market a day earlier. Banks led the decline as bond yields made a significant move lower. The yield on the 10-year Treasury fell to 1.71% from 1.79% late...
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