Financial performance

April 25, 2019 - 7:39 am
ST PAUL, Minn. (AP) — 3M plans to cut 2,000 globally as part of a restructuring due to a slower-than-expected 2019. The maker of Post-it notes, industrial coatings and ceramics said Thursday that the move is expected to save about $225 million to $250 million a year. The St. Paul Minnesota-based...
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FILE - In this Nov. 15, 31, 2018, file photo, shoppers standing on an escalator passes by the logo of Nintendo at an electronics store in Tokyo. Japanese video game maker Nintendo Co. is reporting a 39 percent rise in profit for the fiscal year through March, 2019, on healthy software sales for its popular Switch console.(AP Photo/Koji Sasahara, File)
April 25, 2019 - 5:14 am
TOKYO (AP) — Japanese video game maker Nintendo Co. reported Thursday a 39% rise in profit for the fiscal year through March on healthy software sales for its popular Switch console. The Kyoto-based company behind the Super Mario and Pokemon franchises recorded a 194 billion yen ($1.7 billion)...
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FILE - In this March 28, 2018, file photo, a visitor poses for a photo with the Facebook logo reflected on her sunglasses at the company's headquarters in Menlo Park, Calif. Facebook reports earnings Wednesday, April 24, 2019. (AP Photo/Marcio Jose Sanchez, File)
April 24, 2019 - 9:34 pm
SAN FRANCISCO (AP) — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy. The company set aside $3 billion in its quarterly earnings report Wednesday as a contingency against the...
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FILE - In this July 31, 2005 file photo, Boy Scouts salute as they recite the Pledge of Allegiance during the Boy Scout Jamboree in Bowling Green, Va. In 2019, financial threats to the Boy Scouts have intensified as multiple states consider adjusting their statute-of-limitations laws so that victims of long-ago child sex-abuse have a chance to seek redress in the courts. (AP Photo/ Haraz N. Ghanbari)
April 24, 2019 - 5:33 pm
NEW YORK (AP) — The lawyers' ads on the internet aggressively seeking clients to file sexual abuse lawsuits give a taste of what lies ahead this year for the Boy Scouts of America: potentially the most fateful chapter in its 109-year history. Sexual abuse settlements have already strained the Boy...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing Co. reports earnings Wednesday, April 24. (AP Photo/Ted S. Warren, File)
April 24, 2019 - 4:58 pm
Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people. The $1 billion figure is a conservative starting...
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In this Jan. 9, 2019, photo, a man walks past the logo at global headquarters of Nissan Motor Co., Ltd. in Yokohama, near Tokyo. Nissan has lowered its profit forecast for the fiscal year through March as the Japanese automaker, contends with slowing sales and the fallout from the loss of its former chairman, Carlos Ghosn. Nissan Motor Co. said Wednesday, April 24, 2019 it expects to post a 319 billion yen profit ($2.9 billion) for the fiscal year, marking a 22 percent drop from its earlier 410 billion yen ($3.7 billion) profit forecast earlier. (AP Photo/Koji Sasahara)
April 24, 2019 - 3:58 am
TOKYO (AP) — Nissan cut its profit forecast for the fiscal year through March on Wednesday to reflect slowing sales, higher costs and the fallout from a criminal investigation of its former chairman, Carlos Ghosn. Nissan Motor Co. expects to post a 319 billion yen ($2.9 billion) profit for the...
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FILE - In this March 12, 2019, file photo, trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 23. (AP Photo/Richard Drew, File)
April 23, 2019 - 7:54 pm
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war...
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FILE - In this Feb. 8, 2018, file photo, the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange. Twitter reports financial results Tuesday, April 23, 2019. (AP Photo/Richard Drew, File)
April 23, 2019 - 10:35 am
SAN FRANCISCO (AP) — Twitter Inc. on Tuesday trumpeted strong quarterly growth in earnings and users while President Donald Trump tweeted criticism of the social media site for allegedly discriminating against him politically. The company said net income for the first three months of the year rose...
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April 23, 2019 - 8:14 am
ATHENS, Greece (AP) — Greece's budget performance in 2018 was better than expected following some revenue-boosting measures by the government. According to the country's statistical agency, Greece recorded a primary budget surplus, which excludes the cost of servicing the country's vast public debt...
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FILE - In this April 12, 2019, file photo trader Steven Kaplan works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, April 22. (AP Photo/Richard Drew, File)
April 22, 2019 - 4:55 pm
Wall Street capped a day of mostly sideways trading Monday with a slight gain for the benchmark S&P 500 index, as a spike in crude oil prices sent energy companies broadly higher. Energy sector stocks climbed as the price of crude oil hit its highest level since October after the U.S...
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