Financial performance

1010 WINS Newsroom
January 07, 2020 - 6:54 pm
CHICAGO (AP) — United Airlines said Tuesday it will take a $90 million charge against fourth-quarter earnings because of a drop in value of its routes to Hong Kong, the scene of anti-government protests in recent months. United said lower demand for travel to Hong Kong reduced its revenue for each...
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1010 WINS Newsroom
January 06, 2020 - 6:41 pm
FORT WORTH, Texas (AP) — Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online. The home decor company said Monday it is closing up to 450 stores and will also shutter distribution centers. It didn't say where the store closures would occur, but...
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FILE - In this Thursday, Aug. 15, 2019 file photo,Cars for sale at the Ford dealership in Manchester, N.H. New vehicle sales in the U.S. fell slightly last year, but the numbers still passed the healthy 17 million mark for the fifth straight year. Automakers sold 17.1 million new cars, trucks and SUVs in 2019, down about 1% from the previous year. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
January 03, 2020 - 6:21 pm
DETROIT (AP) — New vehicle sales in the U.S. fell 1.3% last year, but the numbers still passed the healthy 17 million mark for the fifth straight year. Automakers sold 17.05 million new cars, trucks and SUVs in 2019. Although buyers spent more on vehicles, companies had to prop up sales with record...
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In this Oct. 20, 2019, photo an unsold 2019 Model X sits under a sign at a Tesla dealership in Littleton, Colo. Tesla says its global deliveries rose more than 50% last year meaning the company surpassed the low end of its sales goals for 2019. The electric car maker said Friday, Jan. 3, 2020, that it delivered a record of about 112,000 vehicles in the fourth quarter and about 367,500 for the full year. Tesla previously announced that it expected to deliver 360,000 to 400,000 units worldwide last year. (AP Photo/David Zalubowski, File)
1010 WINS Newsroom
January 03, 2020 - 4:19 pm
DETROIT (AP) — Shares of electric car maker Tesla Inc. hit a record closing price Friday after the company reported that its global deliveries rose more than 50% last year. The announcement Friday pushed Tesla's shares up nearly 3% to a record close of $443.01. The stock has more than doubled in...
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In this 2019 image provided by the American Bankruptcy Institute, Judge Robert Drain speaks on a panel in Washington. Drain, overseeing the bankruptcy of OxyContin maker Purdue Pharma, is known for his deep experience handling big, complicated corporate cases. He will decide whether to approve a potentially $12 billion plan to settle more than 2,700 lawsuits over Purdue Pharma's role in the nation's deadly opioid crisis. (Dave Scavone of Scavone Photography/ABI via AP)
1010 WINS Newsroom
December 24, 2019 - 10:23 am
WHITE PLAINS, N.Y. (AP) — The judge overseeing the bankruptcy of OxyContin maker Purdue Pharma warns that real-life court cases don't unfold like “Perry Mason.” But he’s afraid this one might come to resemble “Dr. Strangelove.” U.S. Bankruptcy Judge Robert Drain of White Plains, New York, has a...
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In this Tuesday, Nov. 26, 2019, photo shows customers shopping in the shoe department at the Nordstrom NYC Flagship in New York. "Clearly, shopping is much more about an experience," said Jamie Nordstrom, president of Nordstrom stores and the great-grandson of the company's founder. “It's not just about getting through their lists. They want to bump into something new, something they didn't come into find. I think great stores do that well." (AP Photo/Mary Altaffer)
1010 WINS Newsroom
December 23, 2019 - 11:58 am
NEW YORK (AP) — To get that monogram tote bag by Louis Vuitton or leather Flashtrek sneakers by Gucci, the go-to place had been luxury department stores. Not anymore. Now, there are far more options to access exclusive labels. You can buy them at online sites like Netaporter. Or get them barely...
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FILE - In this Dec. 13, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 20. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
December 20, 2019 - 4:59 pm
Wall Street capped a mostly quiet week of trading Friday with broad gains for stocks and more record highs for the major indexes. Technology and health care stocks powered much of the rally. The S&P 500 notched its 10th winning week in the last 11. The benchmark index also finished with a...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 19. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
December 19, 2019 - 8:25 pm
Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market's gains for the week. Japan's Nikkei 225 index edged 0.2% lower to 23,809.33, while the Kospi in Seoul was almost unchanged, at 2,196.45. The S&P ASX 200 in Sydney slipped 0.2%...
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FILE - In this Nov. 29, 2019, file photo Nike clothes are displayed at a Kohl's store in Colma, Calif. Nike Inc. reports earnings on Thursday, Dec. 19. (AP Photo/Jeff Chiu, File)
1010 WINS Newsroom
December 19, 2019 - 6:19 pm
NEW YORK (AP) — Nike’s quarterly results again beat Wall Street expectations, as its online sales grew and customers shrugged off a series of corporate scandals. The company's revenues grew to $10.33 billion in the second quarter ending Nov. 30, up 10% from the same period last year. Analysts had...
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FILE - This June 25, 2019, file photo shows a sign for a Rite Aid Pharmacy is on the facade at a strip mall in Harmony, Pa. Rite Aid Corporation reports financial results on Thursday, Dec. 19. (AP Photo/Keith Srakocic, File)
1010 WINS Newsroom
December 19, 2019 - 9:22 am
Rite Aid shares may be in for their biggest one-day jump in more than two years Thursday after the struggling drugstore chain posted a rare quarterly profit and easily topped analyst expectations. The company said it booked $51.5 million in net income in its fiscal third quarter mainly because of a...
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