Corporate stock

May 17, 2017 - 11:57 am
DETROIT (AP) — Ford — facing heavy costs for new technology and slowing U.S. car sales — is cutting 1,400 non-factory jobs in North America and Asia Pacific this year in an effort to boost profits and rescue its sagging stock price. The company will offer voluntary early retirement and separation...
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FILE - In this Wednesday, May 18, 2016, file photo, Home Depot supervisor David Petersen stacks barbecue smokers at a Home Depot store location, in Bellingham, Mass. The Home Depot Inc. reports earnings Tuesday, May 16, 2017. (AP Photo/Steven Senne, File)
May 16, 2017 - 6:52 am
ATLANTA (AP) — Robust consumer spending and the arrival of the spring gardening season pushed Home Depot's first-quarter profits and revenue beyond most expectations and the company raised its earnings forecast for the year. Shares rose before the market opened Tuesday and appeared headed for an...
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May 15, 2017 - 11:22 pm
DETROIT (AP) — The Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price. The newspaper says the cuts would target salaried employees and would reduce Ford's global headcount by an equivalent of 10 percent. Ford didn't...
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Trader Peter Costa, center, works on the floor of the New York Stock Exchange, Wednesday, May 10, 2017. U.S. stock indexes are mostly lower Wednesday morning following weak first-quarter reports from consumer-focused companies including Priceline and Disney. (AP Photo/Richard Drew)
May 10, 2017 - 4:29 pm
NEW YORK (AP) — Energy companies jumped with the price of oil Wednesday, but overall, stocks finished only slightly higher as a quiet week of trading continued. The price of U.S. crude oil jumped 3 percent as fuel stockpiles kept shrinking, and that made investors more optimistic about energy...
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Trader Peter Costa, center, works on the floor of the New York Stock Exchange, Wednesday, May 10, 2017. U.S. stock indexes are mostly lower Wednesday morning following weak first-quarter reports from consumer-focused companies including Priceline and Disney. (AP Photo/Richard Drew)
May 10, 2017 - 3:17 pm
NEW YORK (AP) — U.S. stocks are higher Wednesday afternoon as energy companies are rallying with the price of oil and technology companies move higher. Consumer-focused companies are down following weak first-quarter reports from Priceline and Disney and health care companies are slipping. KEEPING...
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May 03, 2017 - 9:10 am
DETROIT (AP) — Automotive parts and electronics maker Delphi Corp. plans to spin off its vehicle powertrain operations into a separate publicly traded company. The British company with U.S. operations in suburban Detroit says Delphi shareholders will get stock in both companies in the tax-free deal...
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FILE - In this Dec. 16, 2013 file photo, Etsy CEO Chad Dickerson talks during an interview in New York. The online crafts marketplace said Tuesday, May 2, 2017, that it has named board member Josh Silverman as CEO, replacing Dickerson, who also stepped down as board chairman. (AP Photo/Mark Lennihan, File)
May 02, 2017 - 6:53 pm
BROOKLYN, N.Y. (AP) — Etsy Inc. is replacing its CEO and cutting jobs as it faces pressure from shareholders upset with its lackluster profits and anemic stock performance. The online crafts marketplace said Tuesday that it has named board member Josh Silverman as CEO, replacing Chad Dickerson, who...
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May 02, 2017 - 10:40 am
NEW YORK (AP) — U.S. stock indexes are little changed Tuesday morning as weak auto sales drag down car makers even as other companies report strong earnings. Industrial companies including engine maker Cummins and pump and valve maker Flowserve are rising after they posted their first-quarter...
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FILE - In this Monday, Nov. 23, 2015, file photo, flags fly in front of Pfizer World Headquarters, in New York. Pfizer Inc. reports earnings, Tuesday, May 2, 2017. (AP Photo/Mark Lennihan, File)
May 02, 2017 - 9:00 am
Pfizer beat Wall Street expectations for first-quarter profit thanks to reduced spending on operations and legal costs, along with strong sales of key new drugs and longtime blockbuster pain treatment Lyrica. But the top U.S. drugmaker had a disappointing revenue dip of 1 percent as competition...
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FILE - In this Oct. 2, 2014 file photo, people pass a Wall Street subway stop, in New York's Financial District. The major U.S. stock indexes were mostly lower in early trading Friday, April 28, 2017, as investors sized up the latest batch of company earnings.(AP Photo/Richard Drew, File)
April 28, 2017 - 12:13 pm
The major U.S. stock indexes veered lower in midday trading Friday as investors sized up the latest batch of company earnings. Real estate stocks lagged the most, while energy companies led the gainers as the price of crude oil headed higher. Several technology companies were moving higher after...
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