Earnings

July 26, 2018 - 1:29 am
MADRID (AP) — Spanish energy company Repsol reports that its net income in the first half of this year was 1.55 billion euros ($1.8 billion) — a 46 percent increase on the same period last year and the highest profit posted during the period in the last decade. Repsol S.A. said in an earnings...
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The logo of Hyundai Motor Co. is seen on a car displayed at its showroom in Seoul, South Korea, Thursday, July 26, 2018. Hyundai Motor Co. says its net profit for the second quarter has fallen 14 percent over a year earlier due to the South Korean won's strength against the U.S. dollar. (AP Photo/Ahn Young-joon)
July 26, 2018 - 12:44 am
SEOUL, South Korea (AP) — Hyundai Motor Co. said Thursday its net profit for the second quarter fell 14 percent over a year earlier due to the South Korean won's strength against the U.S. dollar. South Korea's largest automaker said its April-June net income was 701 billion won ($626 million),...
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July 25, 2018 - 11:56 pm
GENEVA (AP) — Nestle is citing "increased momentum" in the United States and China as the Swiss food and drinks giant reported a 19-percent jump in net profit in the first half of the year. The Vevey, Switzerland-based vendor of Hot Pockets, Coffee-mate and Purina pet care products said net profit...
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July 25, 2018 - 11:51 pm
LONDON (AP) — Royal Dutch Shell says it plans to repurchase $25 billion of its stock over the next two years after announcing that second-quarter earnings rose 30 percent as energy prices surged. Earnings excluding one-time items and fluctuations in the value of inventories — the industry's favored...
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In this Wednesday, July 25, 2018, photo, an employee leaves an office of SK Hynix Inc. in Seongnam, South Korea. South Korean chipmaker SK Hynix said on Thursday, July 26, 2018, its quarterly net profit surged 75 percent to a record high. (AP Photo/Ahn Young-joon)
July 25, 2018 - 7:31 pm
SEOUL, South Korea (AP) — South Korean chipmaker SK Hynix said Thursday its quarterly net profit surged 75 percent to a record high, as soaring global demand and tight supplies hiked memory chip prices. SK Hynix said its April-June net income was 4.3 trillion won ($3.8 billion), compared with 2.5...
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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, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. Shares tumbled more than 5 percent before the opening bell, and GM’s view of the year ahead dragged down shares of the entire auto sector Wednesday, July 25. (AP Photo/Richard Drew, File)
July 25, 2018 - 2:56 pm
NEW YORK (AP) — General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. The diminished expectations overshadowed a strong second quarter and shares tumbled more than 7 percent in early trading. The rest of the auto sector was...
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FILE - This April 24, 2017, photo shows a Coca-Cola delivery van in downtown Pittsburgh. Coca-Cola is reporting strong profit and revenue numbers, thanks in part to rising demand for Diet Coke and Coca-Cola Zero Sugar in North America. The Atlanta company on Wednesday, July 25, 2018, posted second-quarter profit of $2.32 billion, or 54 cents per share. (AP Photo/Keith Srakocic, File)
July 25, 2018 - 8:49 am
ATLANTA (AP) — Coca-Cola thinks it may have found a new drink that will give soda sales a shot of caffeine: Coke Plus Coffee. The company introduced the canned and bottled product in Australia last year, and has since rolled it out to Vietnam, Cambodia and Thailand. It did not say where it would...
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FILE- In this Feb. 5, 2018, file photo, Boeing worker Paul Covaci reaches out to touch a Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, during a debut for employees and media of the new jet in Renton, Wash. Boeing Co. says its second-quarter profit was $2.2 billion. The Chicago-based company said Wednesday, July 25, it had profit of $3.73 per share on revenue of $24.26 billion. Earnings, adjusted for non-recurring gains, were $3.33 per share. (AP Photo/Elaine Thompson, File)
July 25, 2018 - 5:51 am
CHICAGO (AP) — Boeing Co. says its second-quarter profit was $2.2 billion. The Chicago-based company said Wednesday it had profit of $3.73 per share on revenue of $24.26 billion. Earnings, adjusted to exclude certain pension items, were $3.33 per share. The results exceeded Wall Street expectations...
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Investors monitor stock prices at a brokerage in Beijing, China, Wednesday, July 25, 2018. Asian stock markets were mostly higher Wednesday after Wall Street gained on strong corporate earnings. (AP Photo/Ng Han Guan)
July 25, 2018 - 5:13 am
BEIJING (AP) — Global stock markets turned lower on Wednesday as investors monitored developments in global trade tensions as well as mixed corporate earnings reports. KEEPING SCORE: London's FTSE 100 lost 0.8 percent to 7,645 while France's CAC 40 shed almost 0.1 percent to 5,432. Germany's DAX...
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FILE - In this Friday, May 21, 2010 file photo, Chrylser CEO Sergio Marchionne, left, is seen with Jeep brand President and CEO Mike Manley at the Jefferson North Assembly Plant, in Detroit. Fiat Chrysler's board recommends Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne, Saturday, July 21, 2018. (AP Photo/Carlos Osorio, File)
July 25, 2018 - 5:00 am
MILAN (AP) — Fiat Chrysler Automobiles on Wednesday lowered its full-year targets after second-quarter profits sank 35 percent, but the carmaker confirmed it had eliminated net industrial debt, as promised by late CEO Sergio Marchionne. Fiat Chrysler announced its earnings shortly after the news of...
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