FILE - In this Tuesday, Sept. 19, 2017, file photo, Warren Buffett attends the Forbes 100th Anniversary Gala at Pier Sixty in New York. Berkshire Hathaway Inc. reports earnings Friday, Nov. 3, 2017. (Photo by Andy Kropa/Invision/AP, File)
November 03, 2017 - 6:48 pm
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway Inc. said Friday that its third-quarter profit fell 43 percent because of a $1.4 billion insurance underwriting loss from Hurricanes Harvey, Irma and Maria and earthquakes in Mexico. The Omaha, Nebraska-based conglomerate owns Geico and several...
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A man walks past an electronic stock board showing the Hang Seng Index at a bank in Hong Kong, Friday, Nov. 3, 2017. Asian stocks were drifting Friday in holiday-thinned trading as investors digested news about the Fed's next chief and a U.S. tax cut plan. (AP Photo/Kin Cheung)
November 03, 2017 - 4:40 pm
NEW YORK (AP) — Another spurt higher for Apple and other technology stocks helped the Standard & Poor's 500 set a new record on Friday, and the index closed out an eighth straight week of gains. It was another mostly calm day for markets after a report showed that the U.S. job market...
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FILE - In this Tuesday, Sept. 12, 2017, file photo, the new iPhone X is displayed in the showroom after the new product announcement at the Steve Jobs Theater on the new Apple campus in Cupertino, Calif. Apple is offering a nifty way to unlock its new iPhone X...just stare at it. Face ID, Apple’s name for its facial-recognition technology, replaces the fingerprint sensor found on other models. (AP Photo/Marcio Jose Sanchez, File)
November 02, 2017 - 6:41 pm
SAN FRANCISCO (AP) — The iPhone X's lush screen, facial-recognition skills and $1,000 price tag are breaking new ground in Apple's marquee product line. Now, the much-anticipated device is testing the patience of consumers and investors as demand outstrips suppliers' capacity. Apple said Thursday...
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This Tuesday, Jan. 24, 2017, photo shows a Pizza Hut in Miami. Yum Brands, Inc., which operates Taco Bell, KFC and Pizza Hut, reports earnings, Thursday, Nov. 2, 2017. (AP Photo/Alan Diaz)
November 02, 2017 - 10:29 am
NEW YORK (AP) — Yum Brands saw a key sales measure rise at KFC, Pizza Hut and Taco Bell for the third quarter, and said it saw no effect on sales due to declining NFL viewership, a day after Papa John's blamed weaker pizza sales on the controversy over protests during the national anthem. Sales...
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November 02, 2017 - 7:24 am
MILAN (AP) — Italian luxury sports car maker Ferrari NV has revised its earnings guidance upward after reporting a record third-quarter profit of 141 million euros ($164 million), up 24 percent over last year. The company, based in the northern Italian city of Maranello, raised its estimate for...
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November 02, 2017 - 6:39 am
GENEVA (AP) — Swiss bank Credit Suisse has reported a nearly six-fold jump in third quarter net profit behind a "very strong" performance by its wealth management business amid continued cost savings and a restructuring plan. The Zurich-based firm predicted strong global economic growth in the...
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FILE - In this Tuesday, April 18, 2017, file photo, a conference worker passes a demo booth at Facebook's annual F8 developer conference in San Jose, Calif. Facebook Inc. reports earnings Wednesday, Nov. 1, 2017. (AP Photo/Noah Berger, File)
November 01, 2017 - 5:33 pm
NEW YORK (AP) — Facebook CEO Mark Zuckerberg said Wednesday that the company is serious about preventing abuse and that its investments in keeping "problematic content" off its social network will affect its profitability. "Protecting our community is more important than maximizing our profits,"...
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In this Oct. 31, 2017 photo, a man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian shares were higher Wednesday, Nov. 1, 2017 on optimism about global economic growth following gains on Wall Street. (AP Photo/Eugene Hoshiko)
November 01, 2017 - 8:40 am
TOKYO (AP) — Global stocks rose on Wednesday amid optimism over global economic growth and corporate earnings. KEEPING SCORE: France's CAC 40 added 0.4 percent to 5,526, while Germany's DAX was up 1.8 percent at 13,473. Britain's FTSE 100 gained 0.2 percent to 7,508 after an upbeat report on...
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FILE - In this April 28, 2017, file photo, visitors walk through a showroom of the Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda’s fiscal second quarter profit has slipped compared to a year ago as costs related to a massive air-bag recall erased the perks of strong sales, Honda reported Wednesday, Nov. 1, 2017. (AP Photo/Koji Sasahara, File)
November 01, 2017 - 3:45 am
TOKYO (AP) — Honda Motor Co.'s fiscal second quarter profit slipped compared to a year ago as costs related to a massive air-bag recall erased the perks of strong sales, the Japanese automaker said Wednesday. Honda reported its July-September profit totaled 174 billion yen ($1.5 billion), down 1.7...
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FILE - In this Monday, Jan. 4, 2016, file photo, a pair of Under Armour SpeedForm Gemini 2 Record Equipped running shoes, containing an embedded chip to track exercise, are displayed in New York. Under Armour Inc. reports earnings Tuesday, Oct. 31, 2017. (AP Photo/Mark Lennihan, File)
October 31, 2017 - 5:14 pm
BALTIMORE (AP) — Under Armour has lost its momentum. It posted lower revenue and cut its outlook again Tuesday, which sent its shares down nearly 24 percent. The sports apparel company had previously grown phenomenally, and was mentioned in the same breath with industry titans like Nike and Adidas...
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