Earnings

FILE - In this April 26, 2019, file photo, RELPAX migraine pills manufactured by Pfizer are arranged for a photo in Doral, Fla. Pfizer Inc., the biggest U.S.-based drugmaker, reported a 30% jump in second-quarter profits on Monday, July 29. (AP Photo/Wilfredo Lee, File)
July 29, 2019 - 12:39 pm
Pfizer is spinning off a big chunk of the company, culminating a rare tear of major deals aimed at reshaping the drugmaker into a slimmed-down version with faster, more-sustainable growth. The biggest U.S.-based drugmaker announced the latest move on Monday — combining its Upjohn business, which...
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July 29, 2019 - 10:14 am
WASHINGTON (AP) — U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline. The National Association for Business Economics said Monday that its quarterly survey of business conditions found that the Trump...
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FILE - In this Friday, July 19 2019, file photo specialist Mark Otto, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 26. (AP Photo/Richard Drew, File)
July 26, 2019 - 3:29 pm
NEW YORK (AP) — U.S. stocks pushed to record heights Friday following strong profit reports from Google's parent company, Twitter and other big corporations. Companies are nearly midway through earnings reporting season, and results have generally been better than the dismal expectations that...
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In this June 25, 2019 photo a sign is displayed outside a McDonald's restaurant in Pittsburgh. McDonald's Corp. reports financial earnings on Friday, July 26. (AP Photo/Gene J. Puskar)
July 26, 2019 - 11:09 am
NEW YORK (AP) — McDonald's newly modernized stores and growth in delivery helped the world's largest hamburger chain serve up the biggest increase in global sales at established locations during the second quarter in seven years. The Chicago-based chain reported a 6.5 % gain in sales at locations...
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FILE - In this Friday, July 19 2019, file photo trader Timothy Nick, left, and specialist Anthony Matesic work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 25. (AP Photo/Richard Drew, File)
July 25, 2019 - 9:17 pm
TOKYO (AP) — Asian shares are lower Friday as investors continued to watch the brewing trade conflict between China and the U.S., and any signs of what's in store from central banks. Japan's benchmark Nikkei 225 slid 0.6% to 21,637.21 in morning trading. Australia's S&P/ASX 200 lost 0.4% to 6,...
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This Wednesday, July 17, 2019 photo shows an Amazon shipping truck at a fulfillment center in Phoenix. Amazon.com Inc. reports financial earnings on Thursday, July 25. (AP Photo/Ross D. Franklin)
July 25, 2019 - 6:36 pm
NEW YORK (AP) — Amazon's ramped up spending on speedier delivery for its Prime customers helped to accelerate its sales in the second quarter. But it also crimped its profits. The Seattle-based company reported Thursday that its sales soared a better-than-expected 20% in the quarter. But it posted...
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FILE - In this Dec. 17, 2018, file photo a woman walks past Google offices in New York. Alphabet Inc., parent company of Google, reports financial earnings on Thursday, July 25, 2019. (AP Photo/Mark Lennihan, File)
July 25, 2019 - 6:19 pm
SAN FRANCISCO (AP) — Google parent Alphabet beat analyst expectations for the second quarter Thursday, sending its shares up sharply as it bounced back from a rough first quarter. The company comforted investors with advertising revenue growth that edged out last quarter and assurances that video...
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In this July 10, 2019, photo customers visit at a Starbucks in Minneapolis. Starbucks Corp. reports financial earnings on Thursday, July 25, 2019. (AP Photo/Jim Mone)
July 25, 2019 - 4:57 pm
SEATTLE (AP) — Starbucks Corp. served up an extra frothy third quarter, zooming past Wall Street's forecasts thanks to new drinks and growing loyalty. Based on the strong results, the Seattle-based coffee giant raised its full-year earnings guidance. It now expects adjusted earnings of $2.80 to $2...
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This Wednesday, July 17, 2019 photo shows American Airlines planes at Phoenix Sky Harbor International Airport in Phoenix. American Airlines, Inc. reports earnings Thursday, July 25. (AP Photo/Ross D. Franklin)
July 25, 2019 - 10:10 am
FORT WORTH, Texas (AP) — American Airlines said Thursday that the long grounding of Boeing 737 Max jets will cut its pretax earnings for 2019 by about $400 million, including $175 million in the second quarter. The new estimate of damage from the Max grounding is $50 million more than American's...
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Nissan CEO Hiroto Saikawa speaks during a news conference at the global headquarters Thursday, July 25, 2019, in Yokohama, west of Tokyo. Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround, as its profits tumble. (AP Photo/Jae C. Hong)
July 25, 2019 - 4:07 am
TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the...
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