Financial performance

August 05, 2019 - 8:53 am
LONDON (AP) — Harland and Wolff, the Belfast shipyard that built the Titanic, is facing administration. The shipyard is facing bankruptcy after its Norwegian parent company Dolphin Drilling failed to find a buyer. The shipyard was famed for constructing the doomed Titanic, which sank on its maiden...
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August 03, 2019 - 11:55 am
NEW YORK (AP) — Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett, said Saturday that its second-quarter profit rose 17% as its gains from its investments rose. Berkshire owns several companies, including battery maker Duracell and underwear seller Fruit of the Loom. It...
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FILE - In this July 19, 2019, file photo specialist Michael Pistillo, right, 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 Friday, Aug. 2. (AP Photo/Richard Drew, File)
August 02, 2019 - 3:42 pm
Investors rattled by President Donald Trump's latest escalation in his trade war with China drove another round of selling on Wall Street Friday. The latest losses, which eased somewhat in the final hour of trading, had the market on track to close out its worst week of the year just seven days...
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August 02, 2019 - 7:11 am
MILAN (AP) — Ferrari says second-quarter profits rose 14% on higher deliveries, driven by its Portofino and 812 Superfast brands. The Italian luxury sports car manufacturer said Friday that net profit in three months to end-June came in at 184 million euros ($204 million), up from 160 million in...
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August 02, 2019 - 4:52 am
LONDON (AP) — Royal Bank of Scotland says shareholders will receive a windfall after asset sales swelled second-quarter earnings. The taxpayer-owned bank announced a special dividend of 12 pence a share alongside an ordinary interim payment of 2 pence a share. The government will receive about 1...
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In this July 31, 2019, photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 3:31 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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In this July 8, 2019, photo, Honda cars are seen before shipping at Yokohama port near of Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 3:29 am
TOKYO (AP) — Japanese automaker Honda reported Friday a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. Tokyo-based Honda Motor Co.'s April-June profit totaled 172.3 billion yen ($1.6 billion), down from...
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August 02, 2019 - 1:24 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, but Japan's top automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp.'s said Friday its April-June profit totaled 682.9 billion yen ($6...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller 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. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 2:40 pm
Stocks dropped sharply Thursday and bond prices spiked after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month. The news erased a broad rally on Wall Street, sending the Dow Jones Industrial Average from a gain...
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August 01, 2019 - 1:54 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 1:37 p.m. Stocks dropped sharply on Wall Street and investors snapped up bonds after President Donald Trump escalated his trade battle with China. The Dow Jones Industrial Average went from a gain of more than 250 to...
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