Earnings

FILE - This March 29, 2019, file photo shows a sign for Lyft in Los Angeles. Lyft is reporting strong revenue growth but deep losses in its second quarter, a trend that it has so far been unable to reverse. The ride-hailing company on Wednesday, Aug. 7, posted revenue of $867.3 million, up 72% from the same time last year. (AP Photo/Ringo H.W. Chiu, File)
August 07, 2019 - 10:57 pm
NEW YORK (AP) — Lyft continued to bleed money in its second quarter but says it expects to stem some of those losses, raising its outlook for 2019. The ride-hailing company on Wednesday posted revenue of $867.3 million, up 72% from the same time last year. But the San Francisco-based company lost $...
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FILE - This Oct. 21, 2016, file photo shows a CVS drugstore and pharmacy location in Philadelphia. CVS swung back to a profit in the second quarter and easily beat expectations thanks in part to its acquisition of the health insurer Aetna. The drugstore on Wednesday, Aug. 7, 2019 reported profits of $1.94 billion, or $1.49 per share. Earnings, adjusted for one-time items, were $1.89 per share, which was 19 cents better than expected, according to a survey by Zacks Investment Research.(AP Photo/Matt Rourke, File)
August 07, 2019 - 11:31 am
CVS Health swung back to a profit in the second quarter, thanks to an influx of health insurance revenue, and the company raised its 2019 forecast beyond Wall Street expectations. Shares of the drugstore chain and pharmacy benefit manager outpaced the broader market in Wednesday trading after the...
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August 07, 2019 - 3:12 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. has seen its fiscal first quarter profit nearly quadruple to 1.122 trillion yen ($10.6 billion) as its fund investments boosted income. Tokyo-based SoftBank's April-June profit the previous year had totaled 313.7 billion yen. Quarterly...
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FILE - In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney says its net income fell 39% in the latest quarter. Net income for the fiscal third quarter, which ended June 29, 2019, fell to $1.76 billion, from $2.92 billion last year. (AP Photo/Richard Drew, File)
August 06, 2019 - 7:59 pm
NEW YORK (AP) — Disney is feeling some pain from its biggest transformation in decades as its acquisition of Fox's entertainment businesses contributed to a 39% drop in earnings. CEO Bob Iger said one of the biggest issues affecting earnings was underperformance at the Fox movie and TV studio...
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August 03, 2019 - 11:55 am
NEW YORK (AP) — Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett, said Saturday that its second-quarter profit rose 17% as its gains from its investments rose. Berkshire owns several companies, including battery maker Duracell and underwear seller Fruit of the Loom. It...
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FILE - In this July 19, 2019, file photo specialist Michael Pistillo, right, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 2. (AP Photo/Richard Drew, File)
August 02, 2019 - 3:42 pm
Investors rattled by President Donald Trump's latest escalation in his trade war with China drove another round of selling on Wall Street Friday. The latest losses, which eased somewhat in the final hour of trading, had the market on track to close out its worst week of the year just seven days...
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August 02, 2019 - 7:11 am
MILAN (AP) — Ferrari says second-quarter profits rose 14% on higher deliveries, driven by its Portofino and 812 Superfast brands. The Italian luxury sports car manufacturer said Friday that net profit in three months to end-June came in at 184 million euros ($204 million), up from 160 million in...
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August 02, 2019 - 4:52 am
LONDON (AP) — Royal Bank of Scotland says shareholders will receive a windfall after asset sales swelled second-quarter earnings. The taxpayer-owned bank announced a special dividend of 12 pence a share alongside an ordinary interim payment of 2 pence a share. The government will receive about 1...
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In this July 31, 2019, photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 3:31 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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In this July 8, 2019, photo, Honda cars are seen before shipping at Yokohama port near of Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 3:29 am
TOKYO (AP) — Japanese automaker Honda reported Friday a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. Tokyo-based Honda Motor Co.'s April-June profit totaled 172.3 billion yen ($1.6 billion), down from...
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