Earnings estimates

FILE - In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney says its net income fell 39% in the latest quarter. Net income for the fiscal third quarter, which ended June 29, 2019, fell to $1.76 billion, from $2.92 billion last year. (AP Photo/Richard Drew, File)
August 06, 2019 - 4:59 pm

Disney results miss as Fox studio business underwhelm

NEW YORK (AP) — Disney is feeling some pain from its biggest transformation in decades as its acquisition of Fox's entertainment businesses contributed to a 39% drop in earnings. CEO Bob Iger said one of the biggest issues affecting earnings was underperformance at the Fox movie and TV studio...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 8:41 am

GM earnings rise 1% as buyers pay more for popular pickups

DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 7:23 am

Solid earnings reports push US stock indexes broadly higher

NEW YORK (AP) — Stocks moved higher in early trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday's widely anticipated quarter-point cut to the Federal...
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July 31, 2019 - 3:08 pm

Georgia Power orders nuclear fuel for newly designed reactor

ATLANTA (AP) — Georgia Power has ordered nuclear fuel for its long-delayed expansion of Plant Vogtle, the nation's first large-scale nuclear project in more than 30 years. The fuel order was announced the day before its parent company reported second-quarter net income of $902 million, after...
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FILE - This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports earnings Friday, Feb. 1, 2019. Merck & Co., Inc. reports financial results on Tuesday, July 30, 2019. (AP Photo/Seth Wenig, File)
July 30, 2019 - 11:31 am

Merck's global sales jump 12% in second quarter

Soaring sales of its cancer blockbuster and vaccines helped drive Merck's second-quarter profit up a whopping 54%, blowing past Wall Street expectations. The maker of cancer immunotherapy drug Keytruda and diabetes pill Januvia also benefited from slightly reduced spending on research and...
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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 - 7:50 am

US stocks rise toward records following strong earnings

NEW YORK (AP) — U.S. stock indexes rose Friday following strong profit reports from Google's parent company, Twitter and other big corporations. The S&P 500 climbed back toward its record and was on track to close out its third winning week in the last four. Companies are nearly midway through...
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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 - 7:17 pm

Asian shares fall ahead of US-China trade talks

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 - 4:36 pm

Amazon's spending on quick delivery is squeezing its profits

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 - 4:19 pm

Google crushes second quarter earnings expectations

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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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 - 8:10 am

American expects grounded jet to cut profit by $400 million

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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