Financial performance

September 02, 2020 - 7:11 am
NEW YORK (AP) — Macy’s Inc. (M) on Wednesday reported a fiscal second-quarter loss of $431 million, after reporting a profit in the same period a year earlier. The New York-based company said it had a loss of $1.39 per share. Losses, adjusted for one-time gains and costs, were 81 cents per share...
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September 02, 2020 - 4:08 am
COPENHAGEN, Denmark (AP) — Danish toy company Lego saw its half-year sales rise solidly despite headwinds posed by the coronavirus pandemic, as it benefited from long-term investments in e-commerce and product innovations. It said Wednesday that overall sales rose 7% to 15.7 billion kroner ($2.5...
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August 31, 2020 - 6:31 pm
DOVER, Del. (AP) — The judge overseeing the Boy Scouts of America bankruptcy is mulling a request to address what attorneys for the BSA claim are misleading and confusing advertisements from law firms trying to solicit business from survivors of child sexual abuse. A hearing on a motion by the Boy...
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The 'Fearless Girl' bronze sculpture looks towards the New York Stock Exchange from its roadside perch, Tuesday Aug. 25, 2020, in New York. Most stocks are opening lower on Wall Street Wednesday, a day after the S&P 500 set its latest record high, but gains from several big technology companies and other stocks nudged the index slightly higher in the early going. (AP Photo/Bebeto Matthews)
August 26, 2020 - 4:10 pm
More blowout profit reports from big tech companies pushed the S&P 500 to another record high on Wednesday. The benchmark index rose 1%, even though most of the stocks within it fell. Tech stocks accounted for the lion’s share of the gains. Salesforce.com soared after reporting results that far...
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FILE - In this May 18, 2020 file photo, Gus Promollo delivers an order into a customer's trunk at Dick's Sporting Goods in Paramus, N.J. At home workouts and outdoor athletic activities are shaping up to be good business for Dick’s Sporting Goods. The retailer’s second-quarter results easily beat Wall Street’s expectations, Wednesday, Aug. 26, as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. (AP Photo/Seth Wenig, File)
August 26, 2020 - 11:28 am
At home workouts and outdoor athletic activities are shaping up to be good business for Dick's Sporting Goods. The retailer's second-quarter results easily beat Wall Street's expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. “...
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August 24, 2020 - 2:54 pm
ATLANTIC CITY, N.J. (AP) — The coronavirus outbreak sent Atlantic City's casinos plunging to a $112 million second quarter gross operating loss as the gambling houses remained closed for the entire three-month period, according to figures released Monday by state gambling regulators. That compares...
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AP Moeller-Maersk A/S company CEO Soeren Skou, gives press conference after the group published accounts for the second quarter, at the head office on the Esplanade in Copenhagen, Denmark, Wednesday Aug.19, 2020. Integrated transport and logistics company A.P. Moller-Maersk A/S published its Q2 2020 figures on Wednesday. (Martin Sylvest / Ritzau Scanpix via AP)
August 19, 2020 - 8:06 am
COPENHAGEN, Denmark (AP) — The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, said Wednesday that its business dropped only slightly during the second quarter as the COVID-19 pandemic hurt global demand but the outlook for trade is highly uncertain. The Copenhagen-based group said...
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FILE - In this Jan. 28, 2013, file photo, firearms training unit Detective Barbara J. Mattson, of the Connecticut State Police, holds up a Bushmaster AR-15 rifle made by Remington Arms, the same make and model of the gun used by Adam Lanza in the December 2012 Sandy Hook School shooting, during a hearing of a legislative subcommittee in Hartford, Conn. On Tuesday, Aug. 18, 2020, a lawyer for some of the Sandy Hook school shooting victims accused Remington Arms of using its new bankruptcy case to try to wipe out the families' lawsuit against the company over how it marketed the rifle used in the massacre. (AP Photo/Jessica Hill, File)
August 18, 2020 - 3:48 pm
HARTFORD, Conn. (AP) — A lawyer for some of the Sandy Hook school shooting victims' families accused Remington Arms on Tuesday of using its new bankruptcy case to try to wipe out their lawsuit over how the company marketed the rifle used in the massacre. An attorney for Remington denied the...
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Home Depot aisles are stocked with hurricane supplies as Hurricane Isaias approaches South Florida onFriday, July 31, 2020 in Boynton Beach, Fla. Isaias is forecasted to stay east of the coast but it will bring winds and possible coasting flooding. (Amy Beth Bennett/South Florida Sun-Sentinel via AP)
August 18, 2020 - 9:34 am
Millions of people forced to work out of the office during the pandemic took on new projects at home and Home Depot is supplying a lot of the DIY material they need. At Home Depot stores open at least a year, sales surged an remarkable 25% in the U.S. during the second quarter, the Atlanta company...
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FILE - In this May 23, 2018 file photo people walk past a branch of British clothing and food store Marks & Spencer in London. U.K. retailer Marks & Spencer says it plans to eliminate about 7,000 jobs as it streamlines management and store operations after sales plunged during the COVID-19 pandemic. London-based Marks & Spencer said Tuesday Aug. 18, 2020 the job cuts would take place over the next three months in its central offices, regional management and U.K. stores. (AP Photo/Alastair Grant, File)
August 18, 2020 - 4:34 am
LONDON (AP) — U.K. retailer Marks & Spencer says it plans to eliminate about 7,000 jobs as it streamlines management and store operations after sales plunged during the COVID-19 pandemic. London-based Marks & Spencer said Tuesday the job cuts would take place over the next three months in...
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