Earnings

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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This Wednesday, July 17, 2019 photo shows UPS shipping labels ready for use in Phoenix. United Parcel Service Inc. reports earnings Wednesday, July 24. (AP Photo/Ross D. Franklin)
July 24, 2019 - 7:33 am
ATLANTA (AP) — UPS is reporting strong quarterly profits and revenue with demand for next day delivery soaring. The Atlanta package delivery service on Wednesday posted second-quarter net income of $1.69 billion, or $1.94 per share. Earnings, adjusted for non-recurring costs, were $1.96 per share,...
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FILE - In this Tuesday, Oct. 2, 2018 file photo, Ola Kallenius, member of the Board of Management of Daimler AG. Group Research & Mercedes-Benz Cars Development, speaks to the media during a media preview at the Auto show in Paris. Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday was the company's first since 2009 and a bumpy start for new CEO Ola Kallenius, who took over from Dieter Zetsche on May 22 and since then has had to issue two profit warnings. (AP Photo/Thibault Camus, File)
July 24, 2019 - 5:21 am
FRANKFURT, Germany (AP) — Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday...
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FILE - In this Monday, July, 8, 2019 file photo, a Deutsche Bank sign is seen on the outside of their building in London. Deutsche Bank releases second-quarter earnings on Wednesday, July 24. (AP Photo/Natasha Livingstone, file)
July 24, 2019 - 4:52 am
FRANKFURT, Germany (AP) — Deutsche Bank says it lost 3.1 billion euros ($3.45 billion) in the second quarter as it booked heavy charges for its sweeping restructuring that will lead to the loss of 18,000 jobs by 2022. The German bank said Wednesday that without the charges it would have made a net...
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FILE - In this Thursday, July 18, 2019, file photo trader Dennis Maguire works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 23. (AP Photo/Richard Drew, File)
July 23, 2019 - 2:27 pm
NEW YORK (AP) — U.S. stocks marched broadly higher in afternoon trading Tuesday on Wall Street as several major companies reported solid second quarter earnings. The steady gains built on Monday's upward momentum and moved stocks closer to record highs reached just over a week ago. Stocks have been...
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In this undated photo provided by AutoNation, Inc., Chief Financial Officer Cheryl Miller poses for a photo. Four months after the country's largest auto dealership chain named a new chief executive to replace its longtime CEO, it's making another change at the top. Miller is the new CEO at AutoNation, replacing Carl Liebert, who came to the company from the USAA financial services firm in March. (Eileen Escarda/AutoNation, Inc. via AP)
July 23, 2019 - 11:03 am
FORT LAUDERDALE, Fla. (AP) — Four months after the country's largest auto dealership chain named a new chief executive to replace its longtime CEO, it's making another change at the top. Chief Financial Officer Cheryl Miller is the new CEO at AutoNation, replacing Carl Liebert, who came to the...
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