Earnings

FILE- In this Feb. 14, 2018, file photo the logo for Alphabet appears on a screen at the Nasdaq MarketSite in New York. Google parent Alphabet report their latest results Tuesday, April 28, 2020 after the closing bell. (AP Photo/Richard Drew, File)
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April 28, 2020 - 4:46 pm
BERKELEY, Calif. (AP) — Google reported its weakest revenue growth in nearly five years as the pandemic-driven recession began to shrivel its advertising sales in the first quarter. The January-March earnings for Google parent Alphabet offer a first look at how the digital ad market has fared amid...
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FILE - In this Dec. 19, 2018, file photo packages await delivery inside of a UPS truck in Baltimore. United Parcel Service Inc. reported a 13% drop in first-quarter profit, to $965 million, as stay-at-home orders generated deliveries to people’s homes but not enough to offset the higher costs and a drop in business deliveries. UPS said Tuesday, April 28, 2020 that the coronavirus outbreak has created “significant headwinds.” (AP Photo/Patrick Semansky, FIle)
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April 28, 2020 - 4:21 pm
ATLANTA (AP) — United Parcel Service Inc. reported a 13% drop in first-quarter profit, to $965 million, as stay-at-home orders generated deliveries to people’s homes but not enough to offset the higher costs and a drop in business deliveries. UPS said Tuesday that it couldn't predict the depth or...
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April 27, 2020 - 1:44 am
BANGKOK (AP) — Contract driller Diamond Offshore has filed for bankruptcy with debts of $2.6 billion, as the energy industry is hammered by crashing oil prices. Court documents seen Monday show Houston-based Diamond Offshore Drilling Inc. filed the petition in Houston on Sunday, citing the downturn...
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FILE - In this Monday, June 24, 2019, file photo, a CSX freight train rolls past downtown Pittsburgh. CSX Corp. said Wednesday, April 22, 2020, its first-quarter profit slipped 8% and the railroad withdrew its outlook for the year because of the ongoing economic uncertainty brought on by the coronavirus outbreak. (AP Photo/Gene J. Puskar, File)
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April 22, 2020 - 6:52 pm
OMAHA, Neb. (AP) — CSX Corp. said Wednesday that its first-quarter profit slipped 8% and the railroad withdrew its outlook for the year because of the ongoing economic uncertainty brought on by the coronavirus outbreak. The Jacksonville, Florida- based company said it earned $770 million, or $1 per...
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Passenger jets from Delta Airlines lined up for storage at Pinal Airpark in Pinal County, north of Tucson, Ariz., on March 16, 2020. (Rebecca Sasnett/Arizona Daily Star)
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April 22, 2020 - 8:42 am
Delta Air Lines, the biggest and most profitable U.S. airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April-through-June quarter, typically a...
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In this Tuesday, March 24, 2020, photo released by China's Xinhua News Agency, a worker wearing a face mask drives a forklift at a Swire Coca-Cola Beverages Hubei Limited plant in Wuhan in central China's Hubei Province. According to Chinese state media, the plant restarted some production lines on Monday. While many migrant workers across China remain trapped by travel bans due to the coronavirus, some industrial production has returned to action, including in the crucial auto manufacturing industry, which is largely based in Wuhan, and in businesses that provide critical links in global supply chains. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (Xiao Yijiu/Xinhua via AP)
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April 21, 2020 - 10:35 am
Coca-Cola's global volume tumbled 25% in April as the coronavirus pandemic gripped large swaths of the world population. Those volumes made up of bottled drinks and the syrups Coke sells to theaters, restaurants, stadiums and music venues were humming early in the year, revealing how fast the virus...
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FILE - In this Oct. 14, 2019 file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building, in Boston. Bank of America Corp. reports financial results Wednesday, April 15, 2020. (AP Photo/Steven Senne, File)
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April 15, 2020 - 12:11 pm
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic. JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Goldman Sachs raised the funds set aside for bad loans by...
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FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)
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April 15, 2020 - 12:06 pm
UnitedHealth Group is sticking with its 2020 profit forecast for now, as the health insurance giant sifts through all the ways the coronavirus pandemic may alter its business. Company shares jumped Wednesday on another rough day for the broader market, after UnitedHealth also announced first-...
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FILE - In this Nov. 29, 2018, file photo shows a Wells Fargo bank location in Philadelphia. Wells Fargo & Co. reports financial results on Tuesday, April 14, 2020. (AP Photo/Matt Rourke, File)
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April 14, 2020 - 8:47 am
NEW YORK (AP) — Wells Fargo's profits plunged nearly 90% in the first quarter as the bank had to set aside billion of dollars to cover potentially bad loans due to the coronavirus pandemic. The company said Tuesday that it boosted its loan loss provisions — or the money set aside to cover...
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FILE - This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Tuesday, April 14, 2020. (AP Photo/Rick Bowmer, File)
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April 14, 2020 - 7:59 am
Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions of dollars and also cut its profit expectations. It's one of the first major U.S. corporations to report first-quarter earnings and likely a harbinger of things to come as...
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