Financial performance

A visitor stands by the logo of Toyota at its showroom Thursday, Jan. 30, 2020, in Tokyo. German automaker Volkswagen has kept its lead as the world's largest automaker as Japanese rival Toyota sold fewer vehicles last year. Toyota Motor Corp. said Thursday it sold 10.74 million vehicles around the world in 2019, trailing Volkswagen at 10.97 million vehicles. (AP Photo/Eugene Hoshiko)
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February 06, 2020 - 1:17 am
TOKYO (AP) — Japan's top automaker Toyota raised its annual forecast Thursday after cost cuts and healthy sales quadrupled quarterly profits from the previous year. As with other businesses that have operations in China, the threat of the virus outbreak remains. Toyota Motor Corp. has halted...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)
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February 05, 2020 - 9:19 am
DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. GM couldn't avoid red ink the fourth quarter, though. The...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
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February 05, 2020 - 7:43 am
Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday reported net income of $2.36 billion, or 92 cents per share, up from $1.83 billion, or 69 cents per...
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February 05, 2020 - 2:52 am
BERLIN (AP) — Orders and earnings at industrial conglomerate Siemens were lower than a year earlier in the October-December period, the company said Wednesday, weighed down by weaker performances in the auto and energy sectors. Siemens said orders for the period, its fiscal first quarter, were down...
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Stock trader Frank Masiello works at the New York Stock Exchange, Tuesday, Feb. 4, 2020. Stocks are opening broadly higher on Wall Street, following gains overseas. (AP Photo/Mark Lennihan)
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February 04, 2020 - 10:31 pm
TOKYO (AP) — Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak. Japan's benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia's S&P/ASX 200 added 0.3% to 6,967.20. South Korea's...
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FILE - In this Oct. 31, 2019, file photo, smoke from the Maria Fire billows above Santa Paula, Calif. A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy. The company cleared its latest hurdle Tuesday, Feb. 4, 2020, when U.S. Bankruptcy Judge Dennis Montali signed off on a deal to refinance billions of dollars in debt to pay off PG&E bondholders who threatened to cause problems. (AP Photo/Noah Berger, File)
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February 04, 2020 - 4:39 pm
SAN FRANCISCO (AP) — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis Montali signed off...
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February 04, 2020 - 4:34 pm
NEW YORK (AP) — The Walt Disney Co. said Tuesday that profit fell 23% in its latest quarter to $2.13 billion as it absorbed losses — and a big revenue boost — from its new streaming service, Disney Plus. The company says it has 26.5 million Disney Plus subscribers as of Dec. 28, the end of its...
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February 04, 2020 - 6:45 am
MILAN (AP) — Italian luxury sports car maker Ferrari on Tuesday reported that its profits last year sank 11% as it shifted its geographical footprint, but raised its forecasts for 2020. Ferrari said net profit fell to 699 million euros ($772 million) from 787 million euros the previous year...
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In this July 19, 2019, file, photo, people walk out from the headquarters of Sony Corp., in Tokyo. Japanese electronics and entertainment company Sony reports October-December profit dipped to about half of what it was the previous year as its video-game, networking and film businesses stumbled. (AP Photo/Koji Sasahara, File)
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February 04, 2020 - 2:37 am
TOKYO (AP) — Fiscal third-quarter profit at Japanese electronics and entertainment company Sony Corp. dipped to about half of what it was the previous year as its video game, networking and film businesses stumbled. Tokyo-based Sony, which makes PlayStation video-game consoles, Bravia TVs and...
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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 company Alphabet posted mixed fourth-quarter results on Monday, Feb 3, 2020, falling short on Wall Street's expectations for revenue but beating on profit. (AP Photo/Richard Drew, File)
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February 03, 2020 - 6:14 pm
SAN FRANCISCO (AP) — Google's revenue grew, but Wall Street wanted more. Parent company Alphabet's stock fell more than 4% after financial results came out Monday, even as profits rose 19% and beat expectations for the last three months of the year. Helped by lower taxes, Alphabet said Monday it...
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