Earnings

May 03, 2017 - 3:59 am
FRANKFURT, Germany (AP) — German automaker Volkswagen saw its first-quarter profit jump 44 percent as the company continued to work past its scandal over diesel cars rigged to cheat on emissions tests. Costs and fines from the scandal that emerged in Sept. 2015 has dinged VW's large cash pile since...
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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 Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for Aetna Inc., at the company headquarters in Hartford, Conn. Aetna Inc. reports financial results, Tuesday, May 2, 2017. (AP Photo/Jessica Hill, File)
May 02, 2017 - 7:00 am
Aetna booked a $381-million, first-quarter loss mainly due to its failed bid for rival Humana, but the nation's third largest health insurer still beat earnings expectations and raised its 2017 forecast. Aetna says it now expects adjusted earnings of $8.80 to $9 per share for the full year, up from...
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FILE - In this Thursday, Dec. 18, 2014, file photograph, a man looks back at the Merck logo on a stained glass panel at a Merck company building in Kenilworth, N.J. Merck & Company, Inc. reports earnings, Tuesday, May 2, 2017. (AP Photo/Mel Evans, File)
May 02, 2017 - 6:57 am
KENILWORTH, N.J. (AP) — Merck & Co. is reporting first-quarter earnings of $1.55 billion. On a per-share basis, the Kenilworth, New Jersey-based company said it had net income of 56 cents. Earnings, adjusted for one-time gains and costs, were 88 cents per share. The results surpassed Wall...
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FILE - In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for Aetna Inc., at the company headquarters in Hartford, Conn. Aetna Inc. reports financial results, Tuesday, May 2, 2017. (AP Photo/Jessica Hill, File)
May 02, 2017 - 6:48 am
Aetna booked a $381-million, first-quarter loss mainly due to its failed bid for rival Humana, but the nation's third largest health insurer still beat earnings expectations and raised its 2017 forecast. Aetna says it now expects adjusted earnings of $8.80 to $9 per share for the full year, up from...
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FILE - In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for Aetna Inc., at the company headquarters in Hartford, Conn. Aetna Inc. reports financial results, Tuesday, May 2, 2017. (AP Photo/Jessica Hill, File)
May 02, 2017 - 6:26 am
HARTFORD, Conn. (AP) — Aetna Inc. is reporting a first-quarter loss of $381 million, after reporting a profit in the same period a year earlier. The Hartford, Connecticut-based company said it had a per-share loss of $1.11. Earnings, adjusted for one-time gains and costs, were $2.71 per share. The...
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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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This April 25, 2017, photo, shows Exxon service station signs in Nashville, Tenn. Exxon Mobile Corp. reports earnings on Friday, April 28, 2017. (AP Photo/Mark Humphrey)
April 28, 2017 - 9:05 am
IRVING, Texas (AP) — Exxon more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled. The company earned $4.01 billion, or 95 cents per share, for the three month period. A year earlier the Irving, Texas, company...
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