Earnings

September 12, 2018 - 8:23 pm
WELLNGTON, New Zealand (AP) — New Zealand's largest company, which sells dairy products, said Thursday it will completely review its business investments after a disastrous financial year saw it post its first-ever loss. Fonterra lost hundreds of millions of dollars on its investments in China and...
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FILE - In this July 1, 2017 file photo, a person buys marijuana at the Essence cannabis dispensary in Las Vegas. The first full year of legalized marijuana for recreational use in Nevada pushed taxable pot sales past the $500 million mark statewide and raised nearly $70 million in tax revenue, including $27.5 million for schools. The Nevada Department of Taxation said Tuesday, Aug. 28, 2018 the $529.9 million in taxable pot sales for recreational and medical use combined exceeded expectations by 40 percent for the fiscal year that ended June 30. (AP Photo/John Locher, File)
August 28, 2018 - 5:37 pm
RENO, Nev. (AP) — The first full year of legal marijuana sales in Nevada exceeded expectations by 40 percent, state tax officials said Tuesday. Taxable pot sales statewide totaled $529.9 million and raised nearly $70 million in tax revenue, including $27.5 million for schools, the Nevada Department...
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FILE - This March 4, 2013, file photo shows a sign for Wall Street on the side of a building near the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 23, 2018. (AP Photo/Mark Lennihan, File)
August 23, 2018 - 12:45 pm
Stocks veered mostly lower on Wall Street Thursday as losses in banks and energy companies offset gains elsewhere in the market. Homebuilders also declined following new data showing sales of new U.S. homes slumped in July. Technology stocks moved higher, adding to recent gains. Investors had their...
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FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Target Corp. reports earnings Wednesday, Aug. 22, 2018. (AP Photo/Nati Harnik, File)
August 22, 2018 - 7:07 am
MINNEAPOLIS (AP) — Heavy investments in stores and its online operations are paying off at Target, which reported strong numbers across the board in the second quarter. Sales at stores opened at least a year, a key measure for a retailer's health, rose 6.5 percent, the strongest growth in 13 years...
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FILE - In this Oct. 8, 2014, file photo, American flags fly in front of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Aug. 21, 2018. (AP Photo/Mark Lennihan, File)
August 21, 2018 - 1:58 pm
U.S. stocks moved higher Tuesday afternoon as investors welcomed solid results from homebuilders, retailers and other companies. Technology stocks and banks also rose. The rally briefly placed the S&P 500 on track for an all-time high. The benchmark index of large U.S. companies was hovering...
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FILE - In this Aug. 13, 2018 file photo, President Donald Trump speaks before signing a $716 billion defense policy bill named for Sen. John McCain in Fort Drum, N.Y. Trump says he’s asking federal regulators to look into the effectiveness of the quarterly financial reports that publicly traded companies are required to file. In a tweet early Friday, Aug. 17, Trump said that after speaking with “some of the world’s top business leaders,” he’s asked the U.S. Securities and Exchange Commission to determine whether shifting to a six-month reporting regimen would make more sense. (AP Photo/Hans Pennink, File)
August 17, 2018 - 2:06 pm
WASHINGTON (AP) — President Donald Trump is calling on federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense. In a tweet early Friday, Trump said that after...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. Walmart Inc. reports earnings on Thursday, Aug. 16, 2018. (AP Photo/Julio Cortez, File)
August 16, 2018 - 5:59 pm
NEW YORK (AP) — Walmart raised its financial outlook for the year on Thursday after beating Wall Street's expectations for the quarter and seeing the strongest growth in more than a decade in sales at established stores. Its shares rose more than 9 percent. The upbeat report indicates that Walmart'...
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FILE- In this May 16, 2018, file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. Penney Co. reports earnings Thursday, Aug. 16. (AP Photo/Mary Altaffer, File)
August 16, 2018 - 9:17 am
NEW YORK (AP) — J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street's view. The department store operator also cut its full-year forecast again, and its shares plunged 24 percent. The dismal report, released Thursday,...
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August 16, 2018 - 3:31 am
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg says its second-quarter sales were above expectations thanks to the World Cup and warm weather, allowing the Copenhagen-based company to raise its full-year outlook. Carlsberg said Thursday that its reported net profit for the second half of 2018...
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FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Aug. 15. (AP Photo/Mary Altaffer, File)
August 15, 2018 - 10:33 am
NEW YORK (AP) — Macy's raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure. The Cincinnati department store chain has now reported its third straight quarter of higher sales at existing stores after a three-year slump. But shares on...
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