Earnings

Headquarters of Finnish telecommunication network company Nokia pictured in Espoo, Finland, Thursday July 26, 2018. Nokia announced it's second quarter 2018 financial results on Thursday. (Mikko Stig/Lehtikuva via AP)
July 26, 2018 - 5:08 am
HELSINKI (AP) — Nokia says its second-quarter earnings slumped as clients were not willing yet to increase spending on the faster but more expensive new generation of mobile networks and are seeking price cuts. The Finnish maker of telecommunications gear said Thursday that its net profit for the...
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A visitor walks by an advertisement of LG Electronics' product at an electronic shop area in Seoul, South Korea, Thursday, July 26, 2018. LG Electronics says its second-quarter net profit has dropped 43 percent as its mobile business has logged a bigger loss. (AP Photo/Lee Jin-man)
July 26, 2018 - 4:47 am
SEOUL, South Korea (AP) — LG Electronics said Thursday its second-quarter net profit dropped 43 percent as its mobile business logged a bigger loss, offsetting profit growth in TV sales. South Korean consumer electronics maker LG said that its April-June earnings were 283 billion won ($253 million...
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July 26, 2018 - 1:56 am
GENEVA (AP) — Nestle is citing "increased momentum" in the United States and China as the Swiss food and drinks giant reported a 19-percent jump in net profit in the first half of the year. The Vevey, Switzerland-based vendor of Hot Pockets, Coffee-mate and Purina pet care products said net profit...
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July 26, 2018 - 1:40 am
SEOUL, South Korea (AP) — Hyundai Motor Co. says its net profit for the second quarter has fallen 14 percent over a year earlier due to the South Korean won's strength against the U.S. dollar. South Korea's largest automaker said Thursday its April-June net income was 701 billion won ($626 million...
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In this Wednesday, July 25, 2018, photo, an employee leaves an office of SK Hynix Inc. in Seongnam, South Korea. South Korean chipmaker SK Hynix said on Thursday, July 26, 2018, its quarterly net profit surged 75 percent to a record high. (AP Photo/Ahn Young-joon)
July 25, 2018 - 9:31 pm
SEOUL, South Korea (AP) — South Korean chipmaker SK Hynix said Thursday its quarterly net profit surged 75 percent to a record high, as soaring global demand and tight supplies hiked memory chip prices. SK Hynix said its April-June net income was 4.3 trillion won ($3.8 billion), compared with 2.5...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. Shares tumbled more than 5 percent before the opening bell, and GM’s view of the year ahead dragged down shares of the entire auto sector Wednesday, July 25. (AP Photo/Richard Drew, File)
July 25, 2018 - 4:56 pm
NEW YORK (AP) — General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. The diminished expectations overshadowed a strong second quarter and shares tumbled more than 7 percent in early trading. The rest of the auto sector was...
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FILE - This April 26, 2018, file photo shows the Mattel logo at the TTPM 2018 Spring Showcase in New York. Mattel says it will cut 2,200 jobs as the maker of Barbie dolls and Hot Wheels cars tries to save money. (AP Photo/Richard Drew, File)
July 25, 2018 - 4:17 pm
NEW YORK (AP) — Mattel, hurt by the closing of Toys R Us stores, said Wednesday that it will cut more than 2,200 jobs as the maker of Barbie dolls and Hot Wheels cars seeks to save money. Like other toy companies, Mattel has lost sales as Toys R Us faltered. The toy retailer filed for bankruptcy...
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July 25, 2018 - 3:40 pm
NEW YORK (AP) — Payment processing giant Visa says its fiscal third-quarter profits rose an adjusted 36 percent from a year ago, helped by an 11 percent increase in the amount people spent on its namesake network. Visa reported a profit of $2.33 billion, up from $2.06 billion in the same period a...
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FILE - This April 24, 2017, photo shows a Coca-Cola delivery van in downtown Pittsburgh. Coca-Cola is reporting strong profit and revenue numbers, thanks in part to rising demand for Diet Coke and Coca-Cola Zero Sugar in North America. The Atlanta company on Wednesday, July 25, 2018, posted second-quarter profit of $2.32 billion, or 54 cents per share. (AP Photo/Keith Srakocic, File)
July 25, 2018 - 8:40 am
ATLANTA (AP) — Coca-Cola says its diet sodas are selling better after undergoing some image changes. The Atlanta company said Wednesday it sold more Coca-Cola Zero Sugar in North America during the second quarter, following a name change to make clearer the drink doesn't contain any sugar. Before,...
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FILE- In this Feb. 5, 2018, file photo, Boeing worker Paul Covaci reaches out to touch a Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, during a debut for employees and media of the new jet in Renton, Wash. Boeing Co. says its second-quarter profit was $2.2 billion. The Chicago-based company said Wednesday, July 25, it had profit of $3.73 per share on revenue of $24.26 billion. Earnings, adjusted for non-recurring gains, were $3.33 per share. (AP Photo/Elaine Thompson, File)
July 25, 2018 - 7:30 am
CHICAGO (AP) — Boeing Co. says its second-quarter profit was $2.2 billion. The Chicago-based company said Wednesday it had profit of $3.73 per share on revenue of $24.26 billion. Earnings, adjusted for non-recurring gains, were $3.33 per share. The results exceeded Wall Street expectations for...
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