Earnings reports

May 08, 2019 - 4:51 am
FRANKFURT, Germany (AP) — German industrial equipment and technology supplier Siemens AG says net profit fell 5% in the first three months of the year as the company heads into a major restructuring involving the spinoff of its oil, gas and power generation business. The company said Wednesday that...
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FILE-In this March 21, 2018 file photo shows the logo of German car manufacturer BMW visible at the headquarters in Munich, Germany. German automaker BMW said Tuesday that its first quarter profit sagged by 74 percent as earnings were hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories.(AP Photo/Matthias Schrader)
May 07, 2019 - 4:47 am
FRANKFURT, Germany (AP) — BMW lost money making cars in the first quarter as its automotive division was hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories. The fine and investment...
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FILE- In this March 12, 2019, file photo specialists James Denaro, left, and Mario Picone work at a post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 3. (AP Photo/Richard Drew, File)
May 03, 2019 - 1:46 pm
Stocks rose broadly on Wall Street in afternoon trading Friday, erasing the market's losses from a day earlier and placing the S&P 500 on track for its second straight weekly gain. Investors welcomed the government's latest snapshot of U.S. employment, which showed that job growth surged in...
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May 03, 2019 - 7:28 am
MILAN (AP) — Carmaker Fiat Chrysler Automobiles has reported a 47% drop in profits for the first quarter of 2019 due to production shifts. The company said Friday that its profit of 508 million euros ($566.5 million) was down from 951 million euros in the same quarter a year earlier, while net...
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FILE - In this March 18, 2019, file photo trader Craig Esposito, left, works with specialists Peter Mazza, center, and Vera Liu on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 2. (AP Photo/Richard Drew, File)
May 02, 2019 - 5:13 pm
Energy stocks led a broad slide on Wall Street Thursday as oil and gas prices fell, handing the market its second straight loss. Losses in technology and communications stocks also helped power the sell-off, offsetting gains in health care and real estate companies. Banks also rose, getting a boost...
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FILE - In this March 14, 2017 file photo Volkswagen cars are lifted inside a delivery tower of the company in Wolfsburg, Germany. German automaker Volkswagen saw operating profit slip in the first quarter 2019 as the company set aside 1 billion euros for legal issues but reaffirmed its profit goals for the year and saw better profits at its core brand. (AP Photo/Michael Sohn, file)
May 02, 2019 - 5:40 am
FRANKFURT, Germany (AP) — German automaker Volkswagen saw its profit slip in the first quarter as the company set aside 1 billion euros ($1.1 billion) for legal risks related to its 2015 diesel scandal. The company nevertheless showed that it was holding its own against the headwinds buffeting the...
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FILE - In this March 18, 2019, file photo trader Joseph Lawler works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 30. (AP Photo/Richard Drew, File)
April 30, 2019 - 5:05 pm
Wall Street capped a day of mostly wobbly trading with meager gains Tuesday, enough to nudge the S&P 500 to an all-time high for the third straight day. The benchmark index spent much of the day hovering below its previous high, but edged up in the last few minutes of trading. Household goods...
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FILE - In this Jan. 3, 2019, file photo, shoppers pass by the Apple store logo at a shopping mall in Beijing. Apple Inc. reports financial results Tuesday, April 30. (AP Photo/Ng Han Guan, File)
April 30, 2019 - 5:02 pm
SAN FRANCISCO (AP) — Apple's sales are still shrinking amid weakening iPhone demand, despite the company's effort to emphasize services designed to bring in a steady flow of money from the 1.4 billion of its devices still in use. Revenue for the January-March quarter fell 5% from the same time in...
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In this Friday, April 26, 2019 photo, a box of RELPAX migraine pills manufactured by Pfizer are arranged for a photo in Doral, Fla. Pfizer Inc. reports financial results Tuesday, April 30. (AP Photo/Wilfredo Lee)
April 30, 2019 - 3:27 pm
Higher prescription drugs sales and restrained spending together gave drugmaker Pfizer a 9% jump in first quarter profit as it easily topped analysts' profit expectations. Investors drove up Pfizer shares $1.20, or 3%, to $40.79 in early afternoon trading. Sales of breast cancer drug Ibrance and...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports financial results Tuesday, April 30, 2019. (AP Photo/Seth Wenig, File)
April 30, 2019 - 7:23 am
KENILWORTH, N.J. (AP) — Merck is breezing past all expectations for the first quarter with global sales jumping 8 percent to almost $11 billion. The New Jersey drugmaker on Tuesday said it earned $2.92 billion, or $1.12 per share. Earnings, adjusted for one-time gains and costs, were $1.22 per...
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