Earnings

FILE - In this Dec. 17, 2018, file photo a woman walks past Google offices in New York. Alphabet Inc., parent company of Google, reports financial earnings on Thursday, July 25, 2019. (AP Photo/Mark Lennihan, File)
July 25, 2019 - 7:19 pm
SAN FRANCISCO (AP) — Google parent Alphabet beat analyst expectations for the second quarter Thursday, sending its shares up sharply as it bounced back from a rough first quarter. The company comforted investors with advertising revenue growth that edged out last quarter and assurances that video...
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In this July 10, 2019, photo customers visit at a Starbucks in Minneapolis. Starbucks Corp. reports financial earnings on Thursday, July 25, 2019. (AP Photo/Jim Mone)
July 25, 2019 - 5:57 pm
SEATTLE (AP) — Starbucks Corp. served up an extra frothy third quarter, zooming past Wall Street's forecasts thanks to new drinks and growing loyalty. Based on the strong results, the Seattle-based coffee giant raised its full-year earnings guidance. It now expects adjusted earnings of $2.80 to $2...
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FILE - In this Friday, July 19 2019, file photo trader Timothy Nick, left, and specialist Anthony Matesic work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 25. (AP Photo/Richard Drew, File)
July 25, 2019 - 3:37 pm
NEW YORK (AP) — U.S. stocks retreated from record highs as large companies delivered weak earnings reports and disappointing forecasts. The daylong slide marks a turnaround from Wednesday, when a series of solid earnings helped push major indexes to record highs. This is one of the busiest weeks in...
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July 25, 2019 - 1:04 pm
DALLAS (AP) — Airlines are tallying up the damage and talking to Boeing about compensation for the grounding of the troubled 737 Max jet. On Thursday, two of the three large U.S. airlines that own Max jets updated their estimates of how the plane is hurting their bottom lines. American Airlines...
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This Wednesday, July 17, 2019 photo shows American Airlines planes at Phoenix Sky Harbor International Airport in Phoenix. American Airlines, Inc. reports earnings Thursday, July 25. (AP Photo/Ross D. Franklin)
July 25, 2019 - 11:10 am
FORT WORTH, Texas (AP) — American Airlines said Thursday that the long grounding of Boeing 737 Max jets will cut its pretax earnings for 2019 by about $400 million, including $175 million in the second quarter. The new estimate of damage from the Max grounding is $50 million more than American's...
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This Wednesday, July 17, 2019 photo shows Southwest Airlines planes at Phoenix Sky Harbor International Airport in Phoenix. Southwest Airlines Co. reports earnings Thursday, July 25. (AP Photo/Ross D. Franklin)
July 25, 2019 - 8:27 am
DALLAS (AP) — Southwest Airlines doesn't expect to use Boeing 737 Max jets until January, and it is talking to Boeing about compensation for the grounding, which the airline says cost it $175 million in the second quarter. The loss of about 5% of its fleet is causing Southwest to take the unusual...
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Nissan CEO Hiroto Saikawa speaks during a news conference at the global headquarters Thursday, July 25, 2019, in Yokohama, west of Tokyo. Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround, as its profits tumble. (AP Photo/Jae C. Hong)
July 25, 2019 - 5:07 am
TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the...
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Volkswagen CEO Herbert Diess speaks during a news conference in New York, Friday, July 12, 2019. Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday. (AP Photo/Seth Wenig)
July 25, 2019 - 4:18 am
FRANKFURT, Germany (AP) — Volkswagen said Thursday that its after-tax profit rose 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles such as SUVs and pricey Porsche luxury cars took a bigger role in the sales mix. Net...
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In this May 8, 2019 photo, a Caterpillar 279D Compact Track Loader sits at a demolition site in Fort Lauderdale, Fla. Caterpillar Inc. reports earning on Wednesday, July 24, 2019. (AP Photo/Wilfredo Lee)
July 24, 2019 - 9:29 am
DEERFIELD, Ill. (AP) — Caterpillar is posting weak profits and revenue for the second quarter as the energy sector cools. The construction equipment company on Wednesday reported earnings of $1.62 billion, or $2.83 per share. A year earlier it earned $1.71 billion, or $2.82 per share. The...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways, top, lands following a test flight, Wednesday, April 10, 2019, at Boeing Field in Seattle. Boeing Co. reports earning on Wednesday, July 24, 2019. (AP Photo/Ted S. Warren, File)
July 24, 2019 - 8:12 am
CHICAGO (AP) — Boeing is reporting a second quarter loss of $2.94 billion a week after saying problems with its advanced 737 Max jet will set the company back at least $5 billion. On a per share basis, the Chicago plane maker reported a loss Wednesday of $5.21. Earnings, adjusted for non-recurring...
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