Financial performance

FILE - In this March 9, 2020, file photo, a security person wears a mask as he checks vehicles entering a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Aramco's net income plunged by 50% in the first half of the year, according to figures published Sunday, Aug. 9, 2020, offering a revealing glimpse into the impact of the coronavirus pandemic on one of the world's biggest oil producers. (AP Photo/Amr Nabil, File)
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August 09, 2020 - 5:00 am
DUBAI, United Arab Emirates (AP) — Saudi Aramco's net income plunged by 50% in the first half of the year, according to figures published Sunday, offering a revealing glimpse into the impact of the coronavirus pandemic on one of the world's biggest oil producers. Profits for the first six months of...
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August 08, 2020 - 9:13 am
OMAHA, Neb. (AP) — Warren Buffett's company reported an 87% jump in its second-quarter profit as the value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic...
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FILE - A woman wearing a mask walks her dog past the New York Stock Exchange, Tuesday, June 30, 2020. Stocks are drifting in early trading on Wall Street Thursday, Aug. 6, after a report suggested that the number of layoffs across the country is slowing, though it remains incredibly high. (AP Photo/Mark Lennihan)
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August 06, 2020 - 3:07 pm
NEW YORK (AP) — Stocks are perking higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. The S&P 500 was up 0.6% in afternoon trading after spending much of the day waffling between smaller gains and losses. It...
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A parked Lufthansa aircraft is seen through a hangar window at the airport in Frankfurt, Germany, Thursday, July 30, 2020. Lufthansa were showing the media how manufacturing has been restarted after the break imposed by the coronavirus outbreak (AP Photo/Michael Probst)
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August 06, 2020 - 3:40 am
FRANKFURT, Germany (AP) — German airline group Lufthansa on Thursday reported a net loss of 1.49 billion euros ($1.77 billion) for the second quarter, when the pandemic essentially shut down passenger traffic, and issued a sobering forecast for demand to not reach pre-virus levels before 2024. “...
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FILE - In this Jan. 30, 2020, file photo, a visitor stands by the logo of Toyota Motor Corp. at its showroom in Tokyo. Toyota’s April-June profit plunged 74% as the coronavirus pandemic crushed vehicle sales to about half of what the top Japanese automaker sold the previous year, reported Thursday, Aug. 6, 2020. (AP Photo/Eugene Hoshiko, File)
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August 06, 2020 - 2:32 am
TOKYO (AP) — Toyota’s profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen ($1.5 billion) in April-June, down from 619...
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Customers line up at a drive thru self-swab coronavirus test site at a local CVS Pharmacy Sunday, June 14, 2020, in Phoenix. (AP Photo/Ross D. Franklin)
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August 05, 2020 - 7:37 am
CVS Health is reporting surprisingly strong second-quarter earnings in part due to postponed elective medical procedures during the pandemic, and it raised its profit expectations for the year. For the three months ended June 30, CVS earned $2.99 billion, or $2.26 per share. A year earlier the...
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FILE - In this Wednesday, March 20, 2019 file photo, BMWi car is pictured during the earnings press conference in Munich, Germany. German automaker BMW AG lost 212 million euros, $250 million, in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period.(AP Photo/Matthias Schrader, file)
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August 05, 2020 - 5:54 am
FRANKFURT, Germany (AP) — German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company saw a rebound in China, its biggest market. The net loss compared with a profit of 1...
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FILE - In this July 31, 2019, file photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Wednesday, Aug. 5, 2020, it sank into the red for the April-June quarter, as its sales plunged over the coronavirus pandemic, especially in the U.S., Japan and India. (AP Photo/Koji Sasahara, File)
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August 05, 2020 - 4:29 am
TOKYO (AP) — Japanese automaker Honda reported Wednesday that it sank into the red for the April-June quarter, as its sales plunged due to the coronavirus pandemic, especially in the U.S., Japan and India. Honda Motor Co. racked up an 80.8 billion yen ($765 million) fiscal first quarter loss, a...
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FILE - In this June 16. 2011, file photo, Richard Branson, president of Virgin Atlantic Airways, attends a news conference in Miami Beach, Fla. Branson announced that Virgin was starting flights between London and Cancun, Mexico. Virgin Atlantic, the airline founded by British businessman Branson, filed Tuesday, Aug. 4, 2020, for relief from creditors as the virus pandemic hammers the airline industry. The airline made the filing in U.S. federal bankruptcy court in New York after a proceeding in the United Kingdom. (AP Photo/Wilfredo Lee, File)
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August 04, 2020 - 9:16 pm
NEW YORK (AP) — Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry. The airline made the Chapter 15 filing in U.S. federal bankruptcy...
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FILE - In this June 26, 2019, file photo, a package of meatless burgers by Beyond Meat are seen in Orlando, Fla. More people are throwing plant-based burgers on the grill this summer. Beyond Meat, which makes pea protein-based burgers and sausages, says its second-quarter revenue in 2020 jumped 69% to $113 million as more households tried its products. That far outpaced Wall Street’s forecast of $99 million. (AP Photo/John Raoux, File)
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August 04, 2020 - 6:23 pm
More people are throwing plant-based burgers on the grill this summer. Beyond Meat, which makes pea protein-based burgers and sausages, said Tuesday its second quarter revenue jumped 69% to $113 million as more households tried its products in the U.S. and elsewhere. Sales far outpaced Wall Street’...
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