Financial performance

FILE - In this July 11, 2019, file photo Weber grills are displayed at the Home Depot store in Londonderry, N.H. The Home Depot Inc. on Tuesday, Aug. 20, reported fiscal second-quarter net income of $3.48 billion. (AP Photo/Charles Krupa, File)
August 20, 2019 - 4:37 pm
Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday,...
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August 16, 2019 - 9:03 pm
SAN FRANCISCO (AP) — A judge presiding over Pacific Gas and Electric's bankruptcy case agreed Friday to allow a state jury to decide whether the power company's equipment ignited a devastating wildfire in California wine country nearly two years ago. State fire investigators have already determined...
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August 16, 2019 - 3:47 pm
New York officials are demanding that banks and other companies with connections to the family that owns OxyContin maker Purdue Pharma hand over financial records as the state tries to trace where money from opioid sales ended up. The state attorney general's office began issuing subpoenas this...
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FILE - In this Feb. 23, 2018 file photo, John Deere products, including a toy tractor on the sign, are on display at a home and garden trade show in Council Bluffs, Iowa. John Deere reports financial earnings Friday, Aug. 16, 2019. (AP Photo/Nati Harnik, File)
August 16, 2019 - 9:40 am
Deere & Co. cut its profit expectations for the second time this year as beleaguered farmers and an escalating trade war with China cut into sales. Widespread and heavy flooding severely delayed planting this year for thousands of farmers. In the 18 states that grow most of the nation's corn,...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports financial results Thursday, Aug. 15. (AP Photo/Mark Lennihan, File)
August 15, 2019 - 10:46 am
NEW YORK (AP) — Walmart offered a dose of optimism amid growing concerns over weakening economic growth by raising its annual outlook after a strong second quarter. Sales at stores opened at least a year rose 2.8%, its 20th consecutive quarter in the right direction as the world's largest retailer...
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FILE - In this July 28, 2019, file photo unsold 2019 Lincoln Navigators sit at a dealership in Englewood, Colo. On Thursday, Aug. 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2019 - 10:41 am
WASHINGTON (AP) — Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that have roiled financial markets have yet to dampen consumer confidence. Retail sales rose a healthy 0.7% last month after a 0.3% gain in...
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August 14, 2019 - 9:19 am
NEW YORK (AP) — Macy's is lowering its annual earnings guidance after the department store struggled with a big earnings miss during the second quarter as it was forced to slash prices on unsold merchandise. The department store said Wednesday a combination of factors including a fashion miss, slow...
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Trader John Romolo works on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2019. U.S. stocks fell broadly in midday trading Wednesday as central banks around the world cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war. (AP Photo/Richard Drew)
August 07, 2019 - 2:36 pm
Stocks fell in afternoon trading on Wall Street Wednesday as fears that an escalating trade war between the U.S. and China may stifle global economic growth. Investors sought shelter in bonds, gold and other safe-haven holdings. Bond yields sank around the world, something that happens when...
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FILE - This Oct. 21, 2016, file photo shows a CVS drugstore and pharmacy location in Philadelphia. CVS swung back to a profit in the second quarter and easily beat expectations thanks in part to its acquisition of the health insurer Aetna. The drugstore on Wednesday, Aug. 7, 2019 reported profits of $1.94 billion, or $1.49 per share. Earnings, adjusted for one-time items, were $1.89 per share, which was 19 cents better than expected, according to a survey by Zacks Investment Research.(AP Photo/Matt Rourke, File)
August 07, 2019 - 8:00 am
CVS Health swung back to a profit in the second quarter and raised its 2019 forecast beyond Wall Street expectations thanks partly to an influx of revenue from its recently acquired health insurance business. Shares of the drugstore chain and pharmacy benefit manager jumped early Wednesday after it...
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August 07, 2019 - 3:12 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. has seen its fiscal first quarter profit nearly quadruple to 1.122 trillion yen ($10.6 billion) as its fund investments boosted income. Tokyo-based SoftBank's April-June profit the previous year had totaled 313.7 billion yen. Quarterly...
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