Financial performance

August 04, 2018 - 11:28 am
Berkshire Hathaway Inc. on Saturday reported a $12 billion second-quarter profit. Warren Buffett's conglomerate reported a profit of $4.87 per Class B share. A year ago, Berkshire reported $4.3 billion in net income, or $1.73 per Class B share. Buffett has long said Berkshire's operating earnings...
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August 03, 2018 - 4:33 am
LONDON (AP) — The Royal Bank of Scotland has announced a fall in second-quarter profit after being hit by a big charge from U.S. authorities over past misdeeds. But the bank says it is putting its troubled past behind it and will pay its first dividend to shareholders in a decade. RBS, which...
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A visitor walks through a Toyota showroom in Tokyo Friday, Aug. 3, 2018. Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets. (AP Photo/Eugene Hoshiko)
August 03, 2018 - 2:02 am
TOKYO (AP) — Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets. The maker of the Camry sedan, Prius hybrid and Lexus luxury models said Friday that its April-June net profit was 657.3 billion yen ($5.9 billion),...
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FILE -In this Sept. 12, 2017, photo, the new iPhone X is displayed in the showroom after the new product announcement in Cupertino, Calif. Apple has become the world’s first company to be valued at $1 trillion, the financial fruit of tasteful technology that has redefined society since two mavericks named Steve started the company 42 years ago.(AP Photo/Marcio Jose Sanchez)
August 02, 2018 - 8:42 pm
SAN FRANCISCO (AP) — The Latest on Apple reaching a market value of $1 trillion (all times local): 1:00 p.m. Apple is worth $1,001,679,220,000. The maker of the iPhone and other gadgets became the world's first publicly traded company with a market value of $1 trillion on Thursday. The company...
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FILE - In this March 9, 2015 file photo, honoree Les Moonves, president and CEO of CBS Corporation, arrives at the 2015 Silver Circle Gala at the Beverly Wilshire Hotel in Beverly Hills, Calif. CBS will report second quarter earnings on Thursday, July 2, 2018, as turmoil swirls around the media company. It faces an investigation of its CEO and is in the middle of a lawsuit against its parent company as the all-important fall TV season approaches. (Photo by Chris Pizzello/Invision/AP, File)
August 02, 2018 - 6:04 pm
NEW YORK (AP) — CBS on Thursday reported a boost in second-quarter net income from the tax overhaul and higher fees from affiliates and subscribers, as turmoil swirls around the media company ahead of the important fall TV season. CEO Les Moonves is facing an investigation after the New Yorker...
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FILE--In this Aug. 14, 2015, file photo, performers stand on stage during the Kabuki Spectacle in front of the Bellagio hotel and casino in Las Vegas. MGM Resorts International on Thursday, Aug. 2, 2018, reported second-quarter earnings of $123 million. (AP Photo/John Locher, file)
August 02, 2018 - 3:59 pm
LAS VEGAS (AP) — Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because — just like its competitors — it expects fewer scheduled entertainment events and lower room rates in Las Vegas this summer. Chairman and...
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FILE - In this Oct. 17, 2017, file photo, customers line up at a Taco Bell restaurant inside Miami International Airport in Miami. The parent company of KFC, Taco Bell and Pizza Hut reported second-quarter results that beat Wall Street’s view, but a key sales metric failed to meet expectations. Sales at Pizza Hut restaurants open at least a year dipped 1 percent. KFC and Taco Bell reported a 2 percent rise in the metric. (AP Photo/Wilfredo Lee, File)
August 02, 2018 - 8:40 am
LOUISVILLE, Ky. (AP) — The company that owns KFC, Taco Bell and Pizza Hut is reporting healthy second-quarter profits, though sales at existing stores could create some unease. Shares slipped more than 2 percent before the opening bell Thursday. Yum Brands Inc. posted earnings of $321 million, or...
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August 02, 2018 - 6:57 am
HARTFORD, Conn. (AP) — Aetna is posting strong profit numbers, easily beating second-quarter expectations on Wall Street. The Hartford, Connecticut, health insurer on Thursday reported earnings of $1.21 billion, or $3.67 per share. Adjusted for non-recurring gains, profit was $3.43 per share, way...
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FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla’s second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won’t be enough to stop the company’s net loss from rising dramatically when the Palo Alto, Calif., company reports earnings after the bell Wednesday, Aug. 1. (AP Photo/David Zalubowski, File)
August 01, 2018 - 8:30 pm
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But CEO Elon Musk pledged to post net profits in future quarters, and on a conference call, he apologized to two...
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August 01, 2018 - 2:05 pm
MILAN (AP) — Fashion house Prada says a strong acceleration in ready-to-wear sales has pushed first-half profits up by 11 percent as the fashion house returned to revenue growth. Prada on Wednesday reported net income of 106 million euros ($123 million) in the period, on revenues of 1.5 billion...
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