Financial performance

May 11, 2017 - 3:56 am
TOKYO (AP) — Japanese automaker Nissan Motor Co.'s fiscal year profit has improved 27 percent to 663.5 billion yen ($5.8 billion) as strong sales in the U.S., China and Europe offset damage from the strong yen. But it's forecasting a 19 percent drop in profit for the fiscal year through March 2018...
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May 11, 2017 - 3:51 am
DUBAI, United Arab Emirates (AP) — Emirates Group, which operates the Middle East's largest airline, says profits have fallen by 70 percent to $670 million, though revenue increased slightly to around $26 billion. In its report released Thursday, the airline said profits were affected by a...
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Trader Peter Costa, center, works on the floor of the New York Stock Exchange, Wednesday, May 10, 2017. U.S. stock indexes are mostly lower Wednesday morning following weak first-quarter reports from consumer-focused companies including Priceline and Disney. (AP Photo/Richard Drew)
May 10, 2017 - 4:29 pm
NEW YORK (AP) — Energy companies jumped with the price of oil Wednesday, but overall, stocks finished only slightly higher as a quiet week of trading continued. The price of U.S. crude oil jumped 3 percent as fuel stockpiles kept shrinking, and that made investors more optimistic about energy...
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Trader Peter Costa, center, works on the floor of the New York Stock Exchange, Wednesday, May 10, 2017. U.S. stock indexes are mostly lower Wednesday morning following weak first-quarter reports from consumer-focused companies including Priceline and Disney. (AP Photo/Richard Drew)
May 10, 2017 - 3:17 pm
NEW YORK (AP) — U.S. stocks are higher Wednesday afternoon as energy companies are rallying with the price of oil and technology companies move higher. Consumer-focused companies are down following weak first-quarter reports from Priceline and Disney and health care companies are slipping. KEEPING...
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May 10, 2017 - 11:14 am
WASHINGTON (AP) — The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more. The postal service on Wednesday reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion in the use of first-class mail as well as expensive mandates...
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May 10, 2017 - 11:07 am
WASHINGTON (AP) — The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more. The postal service on Wednesday reported a quarterly loss of $562 million. The loss was blamed om continued erosion in the use of first-class mail as well as expensive mandates for its retiree...
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May 10, 2017 - 4:44 am
TOKYO (AP) — Japanese internet, robot and solar company SoftBank Group is reporting a 12-fold climb in quarterly profit, boosted by a turnaround at its U.S. mobile unit Sprint, which had dragged earning previously. Tokyo-based SoftBank reported Wednesday January-March profit of 580.5 billion yen ($...
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May 10, 2017 - 3:13 am
TOKYO (AP) — Japanese automaker Toyota says its profit fell 6.6 percent in the fiscal fourth quarter as an unfavorable exchange rate offset better sales. Toyota Motor Corp. reported Wednesday a 398.4 billion yen ($3.5 billion) January-March profit, down from 426.6 billion yen in the same period of...
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FILE - In this Friday, Nov. 13, 2015, file photo, the American flag flies above the Wall Street entrance to the New York Stock Exchange. U.S. stocks are mixed early Thursday, Jan. 25, 2018, as health care companies including Biogen and Celgene rise, but airlines continue to take steep losses as investors worry about rising costs and the possibility of falling fares. The dollar is weakening further as the U.S. currency remains at three-year lows. (AP Photo/Richard Drew, File)
May 09, 2017 - 3:02 pm
NEW YORK (AP) — U.S. stock indexes drifted around their record highs Tuesday as markets lazed through yet another day of listless trading. Treasury yields ticked higher, adding to gains made in recent weeks. KEEPING SCORE: The Standard & Poor's 500 index slipped by just 1 point to 2,398 as of 2...
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May 09, 2017 - 11:14 am
THE HAGUE, Netherlands (AP) — A Dutch appeals court ruled Tuesday that Russian authorities knowingly plunged oil giant Yukos into bankruptcy in 2006 by ordering it to pay huge tax bills, the latest ruling in a long-running battle over the assets of a Dutch Yukos subsidiary. Amsterdam Appeals Court...
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