This April 25, 2017, photo, shows Exxon service station signs in Nashville, Tenn. Exxon Mobil Corp. reports earnings, Friday, July 28, 2017. (AP Photo/Mark Humphrey)
July 28, 2017 - 9:37 am
IRVING, Texas (AP) — Exxon Mobil Corp. cut spending on oil exploration, helping boost earnings to $3.35 billion in the second quarter, doubling its historically low profit of a year ago. Profit rose for both production of oil and gas and Exxon's refining business. The results, however, still fell...
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July 28, 2017 - 3:57 am
LONDON (AP) — Barclays has set aside another 700 million pounds ($915 million) to cover compensation claims for mis-sold payment protection insurance as it announced the completion of a drive to restructure the bank to focus on Britain and the U.S. Barclays on Friday reported a net loss of 1.21...
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July 28, 2017 - 2:36 am
BERLIN (AP) — Swiss bank UBS says its earnings rose 14 percent in the second quarter as its wealth management operation performed strongly. UBS said Friday that net profit for the April-June period was up to 1.17 billion francs ($1.2 billion) from 1.03 billion francs a year earlier. The company...
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In this Nov. 20, 2015, picture, a UPS cargo plane is pushed back from its gate after being loaded at the company's Worldport hub in Louisville, Ky. UPS Inc. reports earnings, Thursday, July 27, 2017. (AP Photo/Patrick Semansky)
July 27, 2017 - 9:27 am
ATLANTA (AP) — Online retailing in the U.S. propelled higher second-quarter profit at UPS above Wall Street expectations. As the peak December shipping season approaches, UPS is standing by its forecast for full-year earnings. Shares fell 54 cents to $111.75 shortly before the opening bell Thursday...
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July 27, 2017 - 5:09 am
MADRID (AP) — Spanish energy company Repsol says strong production and efficiency improvements drove a 65.3 percent increase in net profit in the first half of the year. Repsol said Thursday that profit for the January-June period reached 1.05 billion euros ($1.23 billion) compared with 639 million...
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FILE - In this Sept. 26, 2015 file photo a giant logo of the German car manufacturer Volkswagen is pictured on top of a company's factory building in Wolfsburg, Germany. Volkswagen will announce its second-quarter earnings on Thursday, July 27, 2017. (AP Photo/Michael Sohn, file)
July 27, 2017 - 5:08 am
FRANKFURT, Germany (AP) — Volkswagen's profits rose in the first half of the year as the German carmaker benefited from increased sales in a growing European economy and it moved past one-time costs for its diesel emissions scandal in the U.S. After-tax profit rose to 6.6 billion euros ($7.7...
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July 27, 2017 - 3:54 am
PARIS (AP) — Airbus' first-half profits took a hit amid ongoing problems with its A400M military transporter and engine problems for its A320neo, and deliveries are down though orders are on the rise. The company said Thursday that sales in the second quarter fell but were stable overall in the...
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July 27, 2017 - 3:45 am
HELSINKI (AP) — Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that a weakening in networks would be greater than previously expected. The Finland-based networks company, however, managed to trim net loss in...
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In this Wednesday, July 26, 2017 photo, a visitor experiences Samsung Electronics Galaxy S8 smartphones at its shop in Seoul, South Korea. Samsung Electronics on Thursday, July 27, said its second-quarter profit surged 85 percent to record high thanks to memory chips. (AP Photo/Ahn Young-joon)
July 27, 2017 - 3:00 am
SEOUL, South Korea (AP) — Seemingly invincible Samsung Electronics appears set to log record annual profit this year as exploding use of data in mobile devices and the "memory supercycle" help it surmount the jailing of its de facto leader and sidestep losses from its fire-prone Galaxy Note 7s...
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July 27, 2017 - 2:52 am
BERLIN (AP) — Swiss food giant Nestle says its first-half earnings were up 19 percent due to a one-time tax expense that impacted profit a year earlier, while sales slipped as a result of divestments and currency issues. The company behind Maggi noodles, Stouffer's frozen foods and KitKat chocolate...
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