Financial performance

FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. Shares tumbled more than 5 percent before the opening bell, and GM’s view of the year ahead dragged down shares of the entire auto sector Wednesday, July 25. (AP Photo/Richard Drew, File)
July 25, 2018 - 5:56 pm
NEW YORK (AP) — General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. The diminished expectations overshadowed a strong second quarter and shares tumbled more than 7 percent in early trading. The rest of the auto sector was...
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July 25, 2018 - 4:44 pm
EL SEGUNDO, Calif. (AP) — Mattel says it will cut 2,200 jobs as the maker of Barbie dolls and Hot Wheels cars tries to save money. The toy company was hurt by the closing of Toys R Us, with revenue falling 14 percent in the most recent quarter. A Mattel spokesman says the job cuts are a part of the...
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July 25, 2018 - 4:40 pm
NEW YORK (AP) — Payment processing giant Visa says its fiscal third-quarter profits rose an adjusted 36 percent from a year ago, helped by an 11 percent increase in the amount people spent on its namesake network. Visa reported a profit of $2.33 billion, up from $2.06 billion in the same period a...
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FILE- In this Feb. 5, 2018, file photo, Boeing worker Paul Covaci reaches out to touch a Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, during a debut for employees and media of the new jet in Renton, Wash. Boeing Co. says its second-quarter profit was $2.2 billion. The Chicago-based company said Wednesday, July 25, it had profit of $3.73 per share on revenue of $24.26 billion. Earnings, adjusted for non-recurring gains, were $3.33 per share. (AP Photo/Elaine Thompson, File)
July 25, 2018 - 1:14 pm
The strong air-travel business continues to give a lift to Boeing, as the aircraft maker reported Wednesday that second-quarter profit rose 26 percent to $2.2 billion. Boeing Co. raised its forecast for full-year revenue but left its profit outlook unchanged, reflecting continuing hitches in its...
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FILE - In this March 15, 2017 file photo, President Donald Trump talks with Fiat Chrysler CEO Sergio Marchionne during a tour at the American Center of Mobility, in Ypsilanti Township, Mich. On Wednesday, July 25, 2018, holding company of Fiat founding family said Sergio Marchionne, who oversaw turnarounds of Fiat and Chrysler, has died. (AP Photo/Evan Vucci, file)
July 25, 2018 - 1:08 pm
MILAN (AP) — Fiat Chrysler Automobiles' new CEO sought Wednesday to reassure investors about the future without the late founding chief executive, Sergio Marchionne, as the latest earnings report showed a drop in profits and lower full-year targets. Mike Manley made his debut to the financial...
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FILE - This April 24, 2017, photo shows a Coca-Cola delivery van in downtown Pittsburgh. Coca-Cola is reporting strong profit and revenue numbers, thanks in part to rising demand for Diet Coke and Coca-Cola Zero Sugar in North America. The Atlanta company on Wednesday, July 25, 2018, posted second-quarter profit of $2.32 billion, or 54 cents per share. (AP Photo/Keith Srakocic, File)
July 25, 2018 - 11:49 am
ATLANTA (AP) — Coca-Cola thinks it may have found a new drink that will give soda sales a shot of caffeine: Coke Plus Coffee. The company introduced the canned and bottled product in Australia last year, and has since rolled it out to Vietnam, Cambodia and Thailand. It did not say where it would...
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Investors monitor stock prices at a brokerage in Beijing, China, Wednesday, July 25, 2018. Asian stock markets were mostly higher Wednesday after Wall Street gained on strong corporate earnings. (AP Photo/Ng Han Guan)
July 25, 2018 - 8:13 am
BEIJING (AP) — Global stock markets turned lower on Wednesday as investors monitored developments in global trade tensions as well as mixed corporate earnings reports. KEEPING SCORE: London's FTSE 100 lost 0.8 percent to 7,645 while France's CAC 40 shed almost 0.1 percent to 5,432. Germany's DAX...
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July 25, 2018 - 5:27 am
FRANKFURT, Germany (AP) — Germany's struggling Deutsche Bank said Wednesday that its net profit fell less than expected in the second quarter as it was making quick progress in cutting costs and reshaping its business model after three straight years of losses. Net profit fell to 401 million euros...
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Trader Gordon Charlop works on the floor of the New York Stock Exchange, Tuesday, July 24, 2018. Stocks are opening broadly higher on Wall Street as investors were pleased to see strong earnings reports from a number of U.S. companies. (AP Photo/Richard Drew)
July 24, 2018 - 3:38 pm
U.S. stock indexes were mostly higher Tuesday afternoon as investors welcomed some strong corporate earnings reports. Gains in health care and technology companies outweighed losses by consumer goods manufacturers, utilities and other sectors. Small-company stocks fell. KEEPING SCORE: The S&P...
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FILE- This April 27, 2017, file photo shows the Harley-Davidson name on the gas tank of a bike in Glenview, Ill. Harley-Davidson topped Wall Street expectations again on steady sales in Latin America, Europe, Middle East and Africa, though shipments slipped by 11 percent in the second quarter and the company warned that new EU tariffs would pressure operating margins. (AP Photo/Nam Y. Huh, File)
July 24, 2018 - 9:40 am
MILWAUKEE (AP) — With sales stagnant at home, Harley-Davidson has looked increasingly overseas for buyers of its iconic motorcycles. The economic headwinds it faces are increasing however as tariffs abroad, in retaliation for U.S. duties on steel and aluminum, take a bite. The Milwaukee company on...
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