Earnings reports

August 02, 2019 - 1:51 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 - 12:09 am
TOKYO (AP) — Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp. reported Friday its April-June profit totaled 682.9 billion...
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August 01, 2019 - 4:36 am
LONDON (AP) — Anglo-Dutch energy giant Royal Dutch Shell says second-quarter earnings dropped 26% as lower oil and natural gas prices overshadowed an increase in production. Earnings based on the current cost of supplies and excluding one-time items — Shell's preferred measure — fell to $3.46...
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August 01, 2019 - 4:02 am
LONDON (AP) — London-based Barclays bank says second-quarter earnings fell 19% as income stagnated and it set aside more money to cover bad loans. Net income dropped to 1.03 billion pounds ($1.25 billion) from 1.28 billion in the same period last year. Income was largely flat at 5.54 billion pounds...
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August 01, 2019 - 1:44 am
FRANKFURT, Germany (AP) — Luxury automaker BMW saw net profit fall 29% to 1.48 billion euros ($1.63 billion) in the second quarter from a year earlier as higher spending to develop new technologies and revamp factories weighed on the bottom line. The company said Thursday vehicles sales and revenue...
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July 31, 2019 - 5:08 pm
ATLANTA (AP) — Georgia Power has ordered nuclear fuel for its long-delayed expansion of Plant Vogtle, the nation's first large-scale nuclear project in more than 30 years. The fuel order was announced the day before its parent company reported second-quarter net income of $902 million, after...
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FILE - In this file photo dated Monday, Jan. 14, 2019, Fiat Chrysler's new CEO, Mike Manley at the North American International Auto Show in Detroit, U.S.A.. Manley told analysts Wednesday July 31, 2019, that the logic of the failed tie-up with French carmaker Renault remains in place but repeated that FCA can survive on its own and refused to discuss terms under which merger talks might resume. (AP Photo/Carlos Osorio, FILE)
July 31, 2019 - 10:47 am
MILAN (AP) — Fiat Chrysler Automobiles CEO Mike Manley said Wednesday that the logic of merging with French carmaker Renault remains sound but refused to discuss terms under which talks might resume after a deal that would have reshaped the global auto industry collapsed last month. Manley repeated...
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FILE - In this June 15, 2019, file photo customers leave an Apple store on the 3rd Street Promenade in Santa Monica, Calif. Apple Inc. reports financial results on Tuesday, July 30. (AP Photo/Richard Vogel, File)
July 30, 2019 - 5:34 pm
SAN FRANCISCO (AP) — Apple's iPhone sales are still sputtering while the company tries to offset the decline by milking more money from digital services such as music. The latest evidence of the iPhone's waning popularity had been expected. Even so, the confirmation in Tuesday's fiscal third-...
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Specialist Mario Picone, right, works with traders at his post on the floor of the New York Stock Exchange, Tuesday, July 30, 2019. U.S. stocks moved broadly lower in early trading on Wall Street Tuesday as President Donald Trump ramped up criticism of China just as negotiators began a new round of trade talks. (AP Photo/Richard Drew)
July 30, 2019 - 1:04 pm
Technology companies helped pull stocks lower on Wall Street in afternoon trading Tuesday, placing the market on track to extend losses from a day earlier. The modest slide came after President Donald Trump ramped up criticism of China just as negotiators began a new round of talks in the nations'...
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FILE - This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports earnings Friday, Feb. 1, 2019. Merck & Co., Inc. reports financial results on Tuesday, July 30, 2019. (AP Photo/Seth Wenig, File)
July 30, 2019 - 6:55 am
Soaring sales of its cancer blockbuster and vaccines helped drive Merck's second-quarter profit up a whopping 54%, blowing past Wall Street expectations and cheering investors. The maker of cancer immunotherapy drug Keytruda and diabetes pill Januvia also benefited from reduced spending on research...
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