Financial performance

1010 WINS Newsroom
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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1010 WINS Newsroom
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)
1010 WINS Newsroom
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)
1010 WINS Newsroom
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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FILE - In this Jan. 22, 2020, file photo a store front is closed below an Express retail clothing store in Valley West Mall in West Des Moines, Iowa. On Tuesday, Jan. 28, the Conference Board reports on U.S. consumer confidence for January. (AP Photo/Andrew Harnik, File)
1010 WINS Newsroom
February 03, 2020 - 9:33 am
A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the ubiquitous mall staple that filed for bankruptcy protection in September. Simon and Brookfield are Forever 21's biggest landlords. The other bidder is...
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In this Jan. 23, 2020, photo, a traveler walks past a propaganda featuring Nintendo character at Narita airport in Narita, near Tokyo. Japanese video game maker Nintendo is reporting a 29% rise in quarterly profit on solid demand for its Switch console during the year-end shopping season. (AP Photo/Eugene Hoshiko)
1010 WINS Newsroom
January 30, 2020 - 10:51 pm
TOKYO (AP) — Will Mario follow in the steps of Mickey Mouse? Japanese video game maker Nintendo Co. said Friday it is bullish about profiting from its characters by mirroring the historical appeal of the Disney franchise. “We are thinking about the Nintendo brand that way,” said the company's game...
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1010 WINS Newsroom
January 30, 2020 - 6:18 pm
USA Gymnastics has filed a bankruptcy plan that includes an offer of $215 million for sexual abuse survivors to settle their claims against the embattled organization. The $215 million total is the amount the insurance carriers for USA Gymnastics and the United States Olympic and Paralympic...
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FILE - In this Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 30. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
January 30, 2020 - 5:15 pm
Major U.S. stock indexes finished higher Thursday after a late burst of buying led by technology and financial companies reversed an early slide. News of a spike in the number of confirmed cases and fatalities from a virus outbreak in China put investors in a selling mood for most of the day,...
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FILE - In this Nov. 26, 2019, file photo a UPS man delivers a package to a residence in North Andover, Mass. United Parcel Service Inc. reports financial results on Thursday, Jan. 30, 2020. (AP Photo/Elise Amendola, File)
1010 WINS Newsroom
January 30, 2020 - 4:58 pm
Shares of United Parcel Service Inc. slumped Thursday after the package-delivery company gave a cautious outlook for 2020 as it invests more in its network to speed up deliveries. UPS reported a fourth-quarter loss of $106 million, but that was mostly due to a charge related to pensions — the...
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FILE - In this July 30, 2019, file photo, a Super Mario figure is displayed at a showroom in Tokyo. After months of being tight-lipped, Comcast executives on Thursday, Jan. 23, 2020, said the fourth park at Universal Orlando would be based on characters from Nintendo. (AP Photo/Koji Sasahara, File)
1010 WINS Newsroom
January 30, 2020 - 5:43 am
TOKYO (AP) — Japanese video game maker Nintendo Co. reported Thursday a 29% rise in quarterly profit, as its earnings got a lift from solid demand for the Switch console during the year-end shopping season. Kyoto-based Nintendo's October-December profit totaled 134 billion yen ($1.2 billion), up...
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