Earnings

FILE - This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Tuesday, April 14, 2020. (AP Photo/Rick Bowmer, File)
April 14, 2020 - 8:52 am
Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions of dollars and cut its profit expectations by about 15%. It's one of the first major U.S. corporations to report first-quarter earnings and likely a harbinger of things to...
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FILE - In this Nov. 29, 2018, file photo shows a Wells Fargo bank location in Philadelphia. Wells Fargo & Co. reports financial results on Tuesday, April 14, 2020. (AP Photo/Matt Rourke, File)
April 14, 2020 - 5:47 am
NEW YORK (AP) — Wells Fargo's profits plunged nearly 90% in the first quarter as the bank had to set aside billion of dollars to cover potentially bad loans due to the coronavirus pandemic. The company said Tuesday that it boosted its loan loss provisions — or the money set aside to cover...
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A man with a protective mask walks in the rain past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, April 13, 2020. Asian shares fell Monday amid absence of fresh news after U.S. markets were closed for Good Friday and European, Australian and Hong Kong trading continued to be closed for Easter holidays. (AP Photo/Eugene Hoshiko)
April 13, 2020 - 8:37 pm
TOKYO (AP) — Asian shares rose Tuesday although investors were braced for a sobering first look at how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the driver of growth for the region. Japan's benchmark Nikkei 225 added 2.2% in morning trading to 19,471.77...
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A man walks by an electronic stock board of a securities firm in Tokyo, Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.(AP Photo/Koji Sasahara)
March 29, 2020 - 7:52 pm
BANGKOK (AP) — Asian shares started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world. Japan's benchmark dropped almost 4% and other regional markets were mostly lower...
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In this image provided by Jay Woods, Woods, a Designated Market Maker with IMC and NYSE Floor Governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, N.J., Thursday, March 26, 2020. Stocks are opening lower on Wall Street, Friday, March 27, as the market gives back some of the gains it piled up over the past three days. (Shannon Woods/Courtesy Jay Woods via AP)
March 27, 2020 - 11:59 am
Stocks are lower Friday on Wall Street, erasing part of a huge rally over the past three days. The market is still on track for sizable gains for the week following two weeks of relentless selling. Much of this week's rally was driven by enthusiasm over a historic $2 trillion financial rescue...
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A man wearing a protective face mask walks by the investment icon bull statue on display outside an office building in Beijing, Wednesday, March 11, 2020. Stocks were mostly lower in Asia on Wednesday despite gains on Wall Street on hopes the Trump administration will act to cushion the economic pain of the virus outbreak. (AP Photo/Andy Wong)
March 11, 2020 - 7:11 pm
NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 10:10 p.m. Stock futures are pointing to more losses in U.S. stock markets Thursday after President Donald Trump delivered a speech on the coronavirus outbreak that appeared to disappoint investors. Futures for the...
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FILE- In this Thursday, Dec. 18, 2014 file photo, an Emirati man takes a selfie in front of a new Etihad Airways A380 in Abu Dhabi, United Arab Emirates. Abu Dhabi's long-troubled national carrier Etihad on Thursday, March 5, 2020, reported losses of $870 million in 2019 after losing billions in recent years, calling the result "encouraging." (AP Photo/Kamran Jebreili, File)
March 04, 2020 - 11:33 pm
DUBAI, United Arab Emirates (AP) — Abu Dhabi's long-troubled national carrier Etihad on Thursday reported losses of $870 million in 2019 after losing billions in recent years, calling the result “encouraging.” Since 2016, Etihad has lost a total of $5.62 billion as its strategy of aggressively...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 7:49 am
NEW YORK (AP) — Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading new virus so far that would affect its financial targets. The outlook came as the discounter reported strong fourth-quarter profits, though its sales were...
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FILE- In this Feb. 23, 2018, file photo sales associate Bob Henriques, of Framingham, Mass., moves items at a Lowe's retail home improvement and appliance store, in Framingham. Lowe's Cos. delivered weaker-than-expected sales for the fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations. The report, issued Wednesday, Feb. 26, 2020, sent shares down in early morning trading. (AP Photo/Steven Senne, File)
February 26, 2020 - 1:35 pm
NEW YORK (AP) — Lowe's Cos. on Wednesday reported weaker-than-expected sales for its fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations. During a call with analysts, Lowe's CEO Marvin Ellison blamed the sales shortfall on the timing of its marketing...
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CEO of PSA Groupe Carlos Tavares arrives for the presentation of the company's 2019 full year results, in Rueil-Malmaison, west of Paris, Wednesday, Feb. 26, 2020. The French carmaker announced a new profitability record in 2019. (AP Photo/Michel Euler)
February 26, 2020 - 2:35 am
PARIS (AP) — Despite record profits last year, Peugeot maker PSA Group said Wednesday it lost 700 million euros ($760 million) in China — and that was before the new virus hit a key manufacturing center. As it prepares to merge with Fiat Chrysler Automobiles, PSA forecast a cloudy market for 2020,...
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