Earnings

FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 1:59 pm
Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with the biggest move Merck's made in years: deciding to spin off its women's health division and other operations with $6.5 billion in annual revenues. The maker of cancer blockbuster Keytruda...
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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. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)
February 05, 2020 - 10:17 am
DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. GM couldn't avoid red ink the fourth quarter, though. The...
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February 05, 2020 - 1:52 am
BERLIN (AP) — Orders and earnings at industrial conglomerate Siemens were lower than a year earlier in the October-December period, the company said Wednesday, weighed down by weaker performances in the auto and energy sectors. Siemens said orders for the period, its fiscal first quarter, were down...
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Stock trader Frank Masiello works at the New York Stock Exchange, Tuesday, Feb. 4, 2020. Stocks are opening broadly higher on Wall Street, following gains overseas. (AP Photo/Mark Lennihan)
February 04, 2020 - 9:31 pm
TOKYO (AP) — Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak. Japan's benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia's S&P/ASX 200 added 0.3% to 6,967.20. South Korea's...
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February 04, 2020 - 3:34 pm
NEW YORK (AP) — The Walt Disney Co. said Tuesday that profit fell 23% in its latest quarter to $2.13 billion as it absorbed losses — and a big revenue boost — from its new streaming service, Disney Plus. The company says it has 26.5 million Disney Plus subscribers as of Dec. 28, the end of its...
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February 03, 2020 - 3:24 pm
Google parent company Alphabet posted mixed fourth-quarter results on Monday, falling short on Wall Street's expectations for revenue but beating on profit. The Mountain View, California-based company earned $10.67 billion, or $15.35 per share, in the final three months of 2019. That's up from $8...
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In this Jan. 23, 2020, photo, a traveler walks past a propaganda featuring Nintendo character at Narita airport in Narita, near Tokyo. Japanese video game maker Nintendo is reporting a 29% rise in quarterly profit on solid demand for its Switch console during the year-end shopping season. (AP Photo/Eugene Hoshiko)
January 30, 2020 - 9:51 pm
TOKYO (AP) — Will Mario follow in the steps of Mickey Mouse? Japanese video game maker Nintendo Co. said Friday it is bullish about profiting from its characters by mirroring the historical appeal of the Disney franchise. “We are thinking about the Nintendo brand that way,” said the company's game...
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FILE - In this Nov. 26, 2019, file photo a UPS man delivers a package to a residence in North Andover, Mass. United Parcel Service Inc. reports financial results on Thursday, Jan. 30, 2020. (AP Photo/Elise Amendola, File)
January 30, 2020 - 3:58 pm
Shares of United Parcel Service Inc. slumped Thursday after the package-delivery company gave a cautious outlook for 2020 as it invests more in its network to speed up deliveries. UPS reported a fourth-quarter loss of $106 million, but that was mostly due to a charge related to pensions — the...
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FILE - In this April 30, 2019, file photo attendees take a selfie in front of a Facebook sign at F8, the Facebook's developer conference in San Jose, Calif. Facebook reports financial results on Wednesday, Jan. 29, 2020. (AP Photo/Tony Avelar, File)
January 29, 2020 - 6:54 pm
SAN FRANCISCO (AP) — Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference. Its profit and revenue both handily surpassed Wall Street's expectations. The company also said...
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FILE - In this Jan. 25, 2020, file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing Co. reports financial results on Wednesday, Jan. 29. (AP Photo/Ted S. Warren, File)
January 29, 2020 - 2:46 pm
Boeing, an icon of American manufacturing, suffered its first annual financial loss in more than two decades while the cost of fixing its marquee aircraft after two deadly crashes soared to more than $18 billion. New CEO David Calhoun on Wednesday stood by his estimate that regulators will certify...
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