Earnings

Workers wearing protective gears spray disinfectant as a precaution against the new coronavirus at Agricultural and Wholesale Products Center in Daegu, South Korea, Thursday, Feb. 20, 2020. The mayor of the South Korean city of Daegu urged its 2.5 million people on Thursday to refrain from going outside as cases of a new virus, linked to a church congregation, spiked and he pleaded for help from the central government. (Kim Hyun-tae/Yonhap via AP)
February 20, 2020 - 6:44 am
COPENHAGEN, Denmark (AP) — The world's largest shipping company, Denmark's A.P. Moller-Maersk, said Thursday it expects the outbreak of the new coronavirus in China to hurt its 2020 earnings. The company said in its annual earnings report that the 2020 outlook “is subject to significant...
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FILE - In this Feb. 11, 2020, file photo a Pacific Gas & Electric truck leaves the company's Oakland Service Center in Oakland, Calif. Pacific Gas and Electric said Tuesday, Feb. 18, that it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. (AP Photo/Ben Margot, File)
February 18, 2020 - 4:05 pm
Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. The nation's largest utility shared its rosy outlook on Tuesday, along...
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Traders Timothy Nick, left, and Peter Tuchman work on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)
February 18, 2020 - 3:13 pm
Major U.S. stock indexes are closing mostly lower Tuesday, as the market gives up some of its gains from the past two weeks. The selling, which lost some of its momentum in the final hour of trading, came as investors weighed the impact of the virus outbreak in China on Apple and other major...
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FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)
February 18, 2020 - 1:57 pm
NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the...
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FILE - In this May 4, 2018, file photo, a man walks past a branch of HSBC bank in Hong Kong. Europe's biggest bank has reported that its net profit fell 53% in 2019 to $6 billion. London-based HSBC, whose profit is mainly from Asia, said it plans to revamp its U.S. and European business and shed $100 billion in assets to improve its profitability. (AP Photo/Kin Cheung, File)
February 18, 2020 - 3:28 am
HSBC bank said Tuesday it will shed some 35,000 jobs as part of a deep overhaul to focus on faster-growing markets in Asia and better cope with a slew of global uncertainties. The interim chief executive, Noel Quinn, said the number of people employed by the bank would fall from 235,000 to 200,000...
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Clotilde Delbos interim CEO of French carmaker Renault poses o a media conference in Paris, Friday, Feb. 14, 2020. France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies at a time when the market is shrinking.(AP Photo/Michel Euler)
February 14, 2020 - 4:35 am
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking. The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the...
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A doctor checks the conditions of a patient in Jinyintan Hospital, designated for critical COVID-19 patients, in Wuhan in central China's Hubei province Thursday, Feb. 13, 2020. China on Thursday reported 254 new deaths and a spike in virus cases of 15,152, after the hardest-hit province of Hubei applied a new classification system that broadens the scope of diagnoses for the outbreak, which has spread to more than 20 countries. (Chinatopix Via AP)
February 13, 2020 - 12:57 pm
NEW YORK (AP) — The economic toll of China's viral outbreak continues to mount for corporations based in and outside of the country as factories are shuttered and consumer behavior is altered measurably. On Thursday Alibaba, the first major Chinese company to report quarterly earnings since the...
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FILE - In this July 25, 2019, file photo, a man rides an escalator as Nissan vehicles are showcased in the Nissan Gallery in Yokohama, west of Tokyo. Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, sank into red ink in the latest quarter as its vehicle sales fell around the world, and the Japanese automaker slashed its profit forecast for the year. (AP Photo/Jae C. Hong, File)
February 13, 2020 - 4:32 am
TOKYO (AP) — Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, sank into red ink in the latest quarter as its vehicle sales fell around the world, and the Japanese automaker slashed its profit forecast for the year. Nissan Motor Co. reported Thursday a loss of 26...
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FILE - In this June 18, 2015, file photo, an Airbus A380 takes off for its demonstration flight at the Paris Air Show in Le Bourget airport, north of Paris. Commercial airliner maker Airbus is releasing 2019 earnings on Thursday, Feb. 12. (AP Photo/Francois Mori, file)
February 13, 2020 - 3:47 am
FRANKFURT, Germany (AP) — Airbus' chief executive said Thursday that his company sees no short-term benefit from Boeing's troubles with its grounded 737 MAX because the competing A320 is sold out years ahead. CEO Guillaume Faury said that safety was a shared concern in the industry. He made the...
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FILE - In this Feb. 6, 2020, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 12. (AP Photo/Richard Drew, File)
February 12, 2020 - 4:01 pm
Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic...
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