Financial performance

April 26, 2017 - 2:25 am
GENEVA (AP) — Swiss bank Credit Suisse has reported a return to profit in its first quarter, while announcing plans to raise about 4 billion Swiss francs by issuing new shares in the coming weeks. The Zurich-based wealth management specialist said first-quarter net income attributable to...
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April 26, 2017 - 1:32 am
SEOUL, South Korea (AP) — Hyundai Motor Co. says its first-quarter profit fell 21 percent from a year earlier. The company said Wednesday that its January-March net profit was 1.3 trillion won ($1.2 billion), compared with 1.7 trillion won a year earlier. The result was slightly above the market...
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People stand and walk near the entrance to the Wells Fargo shareholders meeting in Ponte Vedra Beach, Fla., Tuesday, April 25, 2017. Wells Fargo's top management and board of directors apologized to investors and faced a series of protesters Tuesday at the first big shareholder meeting since a scandal over sales practices led to an executive shake-up, fines and a dented reputation. (Dede Smith/Florida Times Union via AP)
April 25, 2017 - 3:50 pm
PONTE VEDRA BEACH, Fla. (AP) — Shareholders irritated by the fallout from Wells Fargo's sales practices scandal sent a warning to the bank's executives and board, with some directors barely holding onto their jobs Tuesday in what is typically a symbolic vote. The shareholder meeting was the first...
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FILE - In this July 14, 2014, file photo, a man passes by a Wells Fargo bank in Oakland, Calif. On Tuesday, April 25, 2017, Wells Fargo’s top management and board of directors will face irritated investors for the bank’s first big shareholder meeting since the scandal over its sales practices led to an executive shake-up, fines and a dented reputation. (AP Photo/Ben Margot, File)
April 25, 2017 - 1:08 pm
PONTE VEDRA BEACH, Fla. (AP) — Wells Fargo's top management faced a series of protesters and apologized to investors Tuesday, but board members kept their jobs, at the first big shareholder meeting since a scandal over sales practices erupted. Chairman Stephen Sanger said, "We are deeply sorry," as...
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In this Monday, April 24, 2017, photo, corporate signage hangs at a McDonald's restaurant in downtown Pittsburgh. McDonald's Corp. reports earnings on Tuesday, April 25. (AP Photo/Keith Srakocic)
April 25, 2017 - 12:36 pm
NEW YORK (AP) — McDonald's says new Big Mac sizes helped boost a key sales figure in the U.S., but that it is still working on trying to attract more customers to its stores. The world's biggest burger chain said Tuesday that global sales rose 4 percent at established locations in the first three...
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FILE - In this July 14, 2014, file photo, a man passes by a Wells Fargo bank in Oakland, Calif. On Tuesday, April 25, 2017, Wells Fargo’s top management and board of directors will face irritated investors for the bank’s first big shareholder meeting since the scandal over its sales practices led to an executive shake-up, fines and a dented reputation. (AP Photo/Ben Margot, File)
April 25, 2017 - 11:39 am
PONTE VEDRA BEACH, Fla. (AP) — The Latest on Wells Fargo's annual meeting after a scandal over the bank's sales practices (all times local): 11:35 a.m. Shareholders at Wells Fargo's annual meeting are taking their speaking opportunity to criticize the company's board of directors. A shareholder...
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FILE - In this July 14, 2014, file photo, a man passes by a Wells Fargo bank in Oakland, Calif. On Tuesday, April 25, 2017, Wells Fargo’s top management and board of directors will face irritated investors for the bank’s first big shareholder meeting since the scandal over its sales practices led to an executive shake-up, fines and a dented reputation. (AP Photo/Ben Margot, File)
April 25, 2017 - 11:12 am
PONTE VEDRA BEACH, Fla. (AP) — Wells Fargo's top management and board of directors apologized to investors and faced a series of protesters Tuesday at the first big shareholder meeting since a scandal over sales practices led to an executive shake-up, fines and a dented reputation. Chairman Stephen...
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In this Monday, April 24, 2017, photo, corporate signage hangs at a McDonald's restaurant in downtown Pittsburgh. McDonald's Corp. reports earnings on Tuesday, April 25. (AP Photo/Keith Srakocic)
April 25, 2017 - 10:26 am
OAK BROOK, Ill. (AP) — McDonald's says new Big Mac sizes helped boost a key sales figure in the U.S., but that it's still working on trying to attract more customers to its stores. The world's biggest burger chain said Tuesday that global sales rose 4 percent at established locations in the first...
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In this Friday, April 21, 2017, photo, a can of Coca-Cola Zero is arranged for a photo in Surfside, Fla. On Tuesday, April 25, 2017, The Coca-Cola Company reports earnings. (AP Photo/Wilfredo Lee)
April 25, 2017 - 7:42 am
ATLANTA (AP) — Coca-Cola's sales declined in the first quarter as it restructured its business and the company said Tuesday that it will more than double the cost cuts it has already announced. The maker of Fanta, Sprite and Smartwater says it plans to cut another $800 million in annualized savings...
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In this Friday, April 21, 2017, photo, a can of Coca-Cola Zero is arranged for a photo in Surfside, Fla. On Tuesday, April 25, 2017, The Coca-Cola Company reports earnings. (AP Photo/Wilfredo Lee)
April 25, 2017 - 7:19 am
ATLANTA (AP) — Coca-Cola Co. is reporting first-quarter earnings of $1.18 billion. The Atlanta company on Tuesday reported profit of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 43 cents per share. The results fell just short of Wall Street expectations. The average...
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