Financial performance

1010 WINS Newsroom
November 17, 2019 - 9:31 pm
DEARBORN, Mich. (AP) — Ford is unveiling its first all-electric SUV, marking the start of an avalanche of battery-powered vehicles coming from mainstream and luxury automakers during the next two years that industry analysts say will boost electric vehicle sales. The “Mustang Mach E,” which will go...
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FILE - In this Nov. 9, 2018, file photo shoppers look at televisions at a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 14, 2019. (AP Photo/David J. Phillip, File)
1010 WINS Newsroom
November 14, 2019 - 11:18 am
NEW YORK (AP) — Walmart is offering some holiday cheer heading into the crucial Christmas shopping season even as many of its traditional peers struggle. The nation’s largest retailer raised its annual profit expectations on Thursday after reporting strong third-quarter results helped by its...
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California Public Utilities Commissioner Cliff Rechtschaffen speaks at a CPUC meeting in San Francisco, Wednesday, Nov. 13, 2019. California regulators will vote Wednesday on whether to open an investigation into pre-emptive power outages that blacked out large parts of the state for much of October as strong winds sparked fears of wildfires. (AP Photo/Jeff Chiu)
1010 WINS Newsroom
November 13, 2019 - 10:37 pm
SAN FRANCISCO (AP) — California regulators opened a formal investigation Wednesday into preemptive power outages that blacked out large parts of the state in October, drawing strong rebukes from public officials and residents who said the shut-offs were too broad and poorly executed. The unanimous...
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1010 WINS Newsroom
November 13, 2019 - 6:02 am
BEIJING (AP) — Jingye Group's purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home market dominated by giant state-owned mills. The deal adds to a string of global acquisitions by Chinese companies that want to speed their growth in industries...
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FILE- In this June 29, 2017, file cows stand in stalls at dairy farm in Sauk City, Wis. Americans are not drinking milk like they used to for a number of reasons, the most prevalent being that there is so much more to choose. We've simply diversified our mealtime and snacktime routines. (AP Photo/Carrie Antlfinger, File)
1010 WINS Newsroom
November 12, 2019 - 10:54 am
Dean Foods, America's biggest milk processor, filed for bankruptcy Tuesday amid a steep, decades-long drop-off in U.S. milk consumption blamed on soda, juices and, more recently, nondairy substitutes. The Dallas company said it may sell itself to the Dairy Farmers of America, a marketing...
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In this July 25, 2019, photo, a staff member stands by a window of a Nissan car gallery in Tokyo. Japanese automaker Nissan has seen July-September profit tumble to half of what it earned the previous year as sales and brand power crumbled since the arrest of former Chairman Carlos Ghosn a year ago. (AP Photo/Eugene Hoshiko)
1010 WINS Newsroom
November 12, 2019 - 4:18 am
TOKYO (AP) — Japanese automaker Nissan says its July-September profit tumbled to half of what it earned the previous year as sales and brand power crumbled following the arrest of its former Chairman Carlos Ghosn. Nissan Motor Co. reported Tuesday that its fiscal second quarter profit totaled 59...
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In this July 8, 2019, photo, Honda cars wait to be exported at Yokohama port, near Tokyo. Honda recorded a 6.7% decline in July-September profit as vehicle and motorcycle sales slipped and an unfavorable exchange rate hurt earnings at the Japanese automaker, Honda Motor Co. reported Friday, Nov. 8, 2019. (AP Photo/Koji Sasahara)
1010 WINS Newsroom
November 08, 2019 - 3:40 am
TOKYO (AP) — Honda has become the latest automaker to report weaker earnings as global demand softens. The company said Friday that its profit in the July-September fell 6.7% from a year earlier to 196.5 billion yen ($1.8 billion) as vehicle and motorcycle sales slipped. An unfavorable exchange...
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FILE- In this Sept. 28, 2015, file photo Art Peck, CEO of Gap, speaks at the Clinton Global Initiative in New York. Peck is stepping down as the company continues to grapple with slumping sales. Peck, who has been CEO since 2015, will be temporarily replaced by Gap's non-executive chairman of the board Robert Fisher. (AP Photo/Mark Lennihan, File)
1010 WINS Newsroom
November 07, 2019 - 8:42 pm
NEW YORK (AP) — Gap announced Thursday that CEO Art Peck is stepping down as the company struggles to turn around a long-standing sales slump. The San Francisco-based retailer also lowered its earnings outlook for the year as sales at the Gap, Banana Republic and Old Navy fell in the most recent...
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FILE - In this Jan. 9, 2019 file photo, guests watch a show near a statue of Walt Disney and Mickey Mouse in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla. The Walt Disney Co. reports financial results Thursday, Nov. 7. (AP Photo/John Raoux, File)
1010 WINS Newsroom
November 07, 2019 - 5:00 pm
NEW YORK (AP) — Walt Disney Co. on Thursday reported fiscal fourth-quarter net income that beat Wall Street's expectations thanks to strong theater revenue from films like "The Lion King" and "Toy Story 4," along with higher parks revenue. The results came as Disney readies for the debut Tuesday of...
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FILE- In this Jan. 23, 2019, file photo a Pacific Gas & Electric truck enters their customer center in Hayward, Calif. Pacific Gas & Electric Co. on Thursday, Nov. 7, reported a third-quarter loss of $1.62 billion, after reporting a profit in the same period a year earlier. (AP Photo/Ben Margot, File)
1010 WINS Newsroom
November 07, 2019 - 1:55 pm
Pacific Gas & Electric reported substantial losses for the third quarter on Thursday, driven by catastrophic wildfires that have been blamed on the utility's outdated transmission lines. The company estimated those costs, which include the 2017 and 2018 fires, more rigorous inspection of its...
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