Financial performance

April 02, 2019 - 7:42 pm
Securities regulators will let Exxon Mobil block shareholders from voting on a proposal that the company disclose goals for reducing greenhouse gas emissions. Activist investors led by the New York state comptroller pushed the proposal, which urges Exxon to set annual targets in line with goals set...
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FILE - In this June 4, 2014, file photo, people walk in to a Walgreens retail store in Boston. Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday, April 2, 2019 and knocked down the Dow Jones industrial average. The nation’s largest drugstore chain said it now expects adjusted earnings per share to be roughly flat this year after confirming as recently as late December a forecast for growth of 7% to 12%. (AP Photo/Charles Krupa, File)
April 02, 2019 - 4:24 pm
Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday and helped knock down the Dow Jones Industrial Average. Company leaders told analysts that challenges they had been expecting like reimbursement cuts and lower price...
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FILE - In this Dec. 14, 2007 file photo, a traveler uses a Delta SkyMiles credit card to buy an airline e-ticket at the Bob Hope Airport in Burbank, Calif. American Express and Delta Airlines extended their credit card partnership through 2029, the companies jointly announced Tuesday, April 2, 2019, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Delta also raised its outlook for first-quarter profit, helping to lift its shares and the shares of other airlines. (AP Photo/Damian Dovarganes, File)
April 02, 2019 - 4:20 pm
NEW YORK (AP) — American Express and Delta Air Lines extended their credit card partnership through 2029, the companies jointly announced Tuesday, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Separately, Delta raised its...
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FILE- In this March 7, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 29. (AP Photo/Richard Drew, File)
March 29, 2019 - 5:01 pm
Stocks finished broadly higher on Friday as Wall Street closed out the first quarter with the market's biggest gain in nearly a decade. The benchmark S&P 500 index is now up 13.1 percent this year, a drastic turnaround for stocks after a jarring 14 percent sell-off in the last three months of...
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FILE - In this July 11, 2017, file photo, Mt. Gox CEO Mark Karpeles speaks at a press conference at the Justice Ministry in Tokyo. Karpeles is appealing his conviction on charges of manipulating electronic data. Karpeles’ lawyer Nobuyasu Ogata said Friday, March 29, 2019 his client had merely tried to reduce the risks for Mt. Gox users. (AP Photo/Shizuo Kambayashi, File)
March 29, 2019 - 5:05 am
TOKYO (AP) — Mark Karpeles, who headed Mt. Gox, a Japan-based bitcoin exchange that went bankrupt after a massive hacking, is appealing his conviction on charges of manipulating electronic data. Karpeles' lawyer Nobuyasu Ogata said Friday his client says he merely tried to reduce the risks for Mt...
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FILE - In this Nov. 9, 2018 file photo, Pacific Gas & Electric crews work to restore power lines in Paradise, Calif. Gov. Gavin Newsom says PG&E plans to remake its board of directors with hedge fund financiers and people who have little experience in utility operations and safety. Newsom, on Thursday March 28, 2019, said putting hedge fund managers in charge of the company will send a message the utility prioritizes profits over providing safe and reliable energy service. The utility did not immediately comment. (AP Photo/Rich Pedroncelli, File)
March 28, 2019 - 7:29 pm
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom said Thursday that Pacific Gas & Electric Corp. plans to remake its board of directors with hedge fund financiers and people who have little experience in utility operations and safety, and he urged the utility's leader to change course. "...
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March 27, 2019 - 10:14 am
MOSCOW (AP) — Ford said Wednesday it will close three factories in Russia, causing heavy job losses, as it pulls out of passenger vehicle manufacturing in the country. The U.S. carmaker said it will stop making passenger cars in Russia by the end of June, closing vehicle assembly plants in St...
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March 26, 2019 - 7:10 pm
BURLINGTON, Vt. (AP) — Vermont filed a lawsuit Tuesday against two pharmaceutical distributors, accusing them of selling ever-increasing amounts of prescription opioids in the state while failing to effectively monitor and control the sales and acknowledge the quantity of pills was outpacing the...
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FILE - In this Feb. 1, 2019, file photo, is Oklahoma Attorney General Mike Hunter smiles during an interview in Oklahoma City. The Oklahoma Supreme Court has denied a request by drugmakers to postpone the trial in the state's lawsuit accusing them of fueling the opioid epidemic. The state's highest court handed down the decision Monday, a week after attorneys for drugmakers and the state made oral presentations on the request to delay the trial's scheduled May 28 start. Hunter sued 13 opioid manufacturers in 2017, alleging they fraudulently engaged in marketing campaigns that led to thousands of overdose addictions and deaths. Several states have filed similar lawsuits, but Oklahoma's is expected to be the first to go to trial. (AP Photo/Sue Ogrocki, File)
March 26, 2019 - 3:37 pm
TULSA, Okla. (AP) — The Latest on Oklahoma's lawsuit against manufacturers of opioid pain medications (all times local): 2:35 p.m. Oklahoma's attorney general says he went to great lengths to ensure that a drugmaker accused of helping to fuel a national opioid crisis doesn't declare bankruptcy to...
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FILE - This Feb. 19, 2013, file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. Oklahoma's attorney general will announce a settlement Tuesday, March 26, 2019, with Purdue Pharma, one of the drug manufacturers named in a state lawsuit that accuses them of fueling the opioid epidemic. (AP Photo/Toby Talbot, File)
March 26, 2019 - 3:36 pm
OKLAHOMA CITY (AP) — The maker of OxyContin and the company's controlling family agreed Tuesday to pay a groundbreaking $270 million to Oklahoma to settle allegations they helped create the nation's deadly opioid crisis with their aggressive marketing of the powerful painkiller. It is the first...
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