Financial performance

In this Aug. 27, 2019 photo, the Best Buy logo is shown on a store in Richfield, Minn. Best Buy Co. reports financial results Thursday, Aug. 29. (AP Photo/Jim Mone)
1010 WINS Newsroom
August 29, 2019 - 7:36 am
RICHFIELD, Minn. (AP) — Best Buy Co. on Thursday reported strong quarterly profit but revenue fell short and shares of the retailer fell 6% in premarket trading. The Richfield, Minnesota-based company said it had fiscal second-quarter net income of $238 million, or 89 cents per share. Earnings,...
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FILE - This Feb. 19, 2013 file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. State attorneys general and lawyers representing local governments said Tuesday, Aug. 27, 2019, they are in active negotiations with Purdue Pharma, maker of the prescription painkiller OxyContin, as they attempt to reach a landmark settlement over the nation's opioid crisis. (AP Photo/Toby Talbot, File)
1010 WINS Newsroom
August 28, 2019 - 3:50 pm
COLUMBUS, Ohio (AP) — A legal expert is calling the possibility of transforming the maker of the prescription painkiller OxyContin into a public trust a novel approach. John Coffee is a law professor and director of the Center on Corporate Governance at Columbia Law School. He said Wednesday he's...
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FILE - In this Aug. 21, 2019, file photo specialist Anthony Matesic, center, 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 Wednesday, Aug. 28. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
August 28, 2019 - 2:35 pm
Banks and energy companies helped power U.S. stocks broadly higher in afternoon trading Wednesday as the market clawed back some of its losses from a day earlier. Financial sector stocks accounted for much of the rally, which reversed an early slide. Big banks were among the sector's gainers. Wells...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap Kids clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, Aug. 22. (AP Photo/John Raoux, File)
August 22, 2019 - 6:53 pm
NEW YORK (AP) — Gap Inc.'s fiscal second quarter profits fell 43%, dragged down by costs related to store closings and the restructuring of its business. The beleaguered San Francisco-based chain also reported comparable sales declines at its three top brands, including at Old Navy, once a bright...
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FILE - In this Aug. 16, 2019, file photo traders Dudley Devine, left, and Christopher Fuchs work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 22. (AP Photo/Richard Drew, File)
August 22, 2019 - 1:07 pm
Stocks gave up an early gain and veered lower in midday trading Thursday as investors grew less certain about the likelihood that the Federal Reserve will lower interest rates again next month. Losses in technology, health care and communication services stocks outweighed gains in banks, consumer...
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August 22, 2019 - 8:48 am
DUBAI, United Arab Emirates (AP) — Global port operator DP World is reporting stronger financials for the first half of 2019, with revenue up nearly 32% and profits up almost 27% from the same period last year. The port operator said revenue for the first half of the year reached $3.46 billion and...
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FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 3:45 pm
NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Jim Mone, File)
August 21, 2019 - 8:41 am
NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The...
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FILE - In this July 11, 2019, file photo Weber grills are displayed at the Home Depot store in Londonderry, N.H. The Home Depot Inc. on Tuesday, Aug. 20, reported fiscal second-quarter net income of $3.48 billion. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
August 20, 2019 - 4:37 pm
Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday,...
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August 16, 2019 - 9:03 pm
SAN FRANCISCO (AP) — A judge presiding over Pacific Gas and Electric's bankruptcy case agreed Friday to allow a state jury to decide whether the power company's equipment ignited a devastating wildfire in California wine country nearly two years ago. State fire investigators have already determined...
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