Earnings

November 01, 2018 - 5:56 am
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg says its third-quarter revenue rose on strong beer sales across its major markets, boosted by unusually hot weather in western Europe. The company said Thursday its sales increased 7.4 percent to 17.6 billion kroner ($2.7 billion) from 16.4 billion...
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October 31, 2018 - 9:44 am
DETROIT (AP) — General Motors will attempt to cut costs by offering buyouts to about 18,000 white-collar workers in North America. The company made the offer Wednesday to salaried workers with 12 or more years of service. The move comes on the same day that GM reported a $2.5 billion third-quarter...
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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 reports earnings Wednesday, Oct. 31. (AP Photo/Richard Drew, File)
October 31, 2018 - 6:40 am
DETROIT (AP) — Even with auto sales beginning to ebb in the U.S., China and elsewhere, General Motors posted a strong third-quarter profit, blowing past Wall Street expectations on rising prices in North America and surprising resilience in China. GM reported a $2.5 billion third-quarter net profit...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 31, 2018. Asian markets were mostly higher on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may weigh on business appetite. (AP Photo/Mark Schiefelbein)
October 31, 2018 - 3:21 am
SINGAPORE (AP) — Global markets were broadly higher on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment. KEEPING SCORE: In Europe, Britain's FTSE 100 rebounded 1.7 percent to 7,151.86...
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October 30, 2018 - 10:32 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. has posted record operating profit for the last quarter with robust demand for its mainstay memory chips compensating for a slowdown in its smartphone business. The South Korean technology giant on Wednesday said its operating profit during the July...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 31, 2018. Asian markets were mostly higher on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may weigh on business appetite. (AP Photo/Mark Schiefelbein)
October 30, 2018 - 9:14 pm
SINGAPORE (AP) — Asian markets were mostly higher on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment. KEEPING SCORE: Japan's Nikkei 225 index jumped 1.8 percent to 21,841.65 and the...
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FILE- In this May 1, 2018, file photo Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. Facebook Inc. reports earnings Tuesday, Oct. 30. (AP Photo/Marcio Jose Sanchez, File)
October 30, 2018 - 9:05 pm
NEW YORK (AP) — When it comes to dealing with hate speech and attempted election manipulation, Facebook just can't win. If it takes a hands-off attitude, it takes the blame for undermining democracy and letting civil society unravel. If it makes the investment necessary to take the problems...
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FILE- In this May 1, 2018, file photo Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. Facebook Inc. reports earnings Tuesday, Oct. 30. (AP Photo/Marcio Jose Sanchez, File)
October 30, 2018 - 2:26 pm
NEW YORK (AP) — Facebook didn't hit it out of the ballpark with its latest quarterly report, but the bar isn't so high these days for the image-battered social networking giant. The company reported a slight revenue miss but stronger than expected profit for the July-September period. Coming three...
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FILE - In this Dec. 9, 2009, file photo, Dasani bottled water owned by Coca-Cola sits on the shelf in Montpelier, Vt. Strong sales of water and sugar-free drinks powered third-quarter earnings for Coca-Cola Co reported Tuesday, Oct. 30, 2018. AP Photo/Toby Talbot, File)
October 30, 2018 - 8:26 am
ATLANTA (AP) — Strong sales of "premium" water and sugar-free sodas powered third-quarter earnings for Coca-Cola Co. Coke President and CEO James Quincey said enhanced waters like the smartwater, vitaminwater and Topo Chico brands helping turn around a slump in water sales at the company. Sales of...
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October 30, 2018 - 6:11 am
MILAN (AP) — Fiat Chrysler Automobiles is reporting a nearly 40 percent drop in third-quarter profits due to one-off charges to cover possible payments in a U.S. diesel probe. The Italian-American car company on Tuesday reported a net profit of 564 million euros ($641 million), compared with 910...
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