Earnings

Trader Edward McCarthy work on the floor of the New York Stock Exchange, Thursday, Aug. 2, 2018. World stocks indexes are falling Thursday after the Trump administration said it will consider an even higher tax rate of 25 percent on $200 billion in imports from China, raising the stakes in the trade war between the two largest economies. (AP Photo/Richard Drew)
August 02, 2018 - 1:45 pm
NEW YORK (AP) — U.S. stocks climbed Thursday as Apple led a rally in technology companies and reached $1 trillion in value. Consumer products and health care companies rose as second-quarter results from corporate America continued to surpass investors' expectations. Stocks in Asia and Europe fell...
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FILE--In this Aug. 14, 2015, file photo, performers stand on stage during the Kabuki Spectacle in front of the Bellagio hotel and casino in Las Vegas. MGM Resorts International on Thursday, Aug. 2, 2018, reported second-quarter earnings of $123 million. (AP Photo/John Locher, file)
August 02, 2018 - 12:59 pm
LAS VEGAS (AP) — Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because — just like its competitors — it expects fewer scheduled entertainment events and lower room rates in Las Vegas this summer. Chairman and...
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FILE - In this Oct. 17, 2017, file photo, customers line up at a Taco Bell restaurant inside Miami International Airport in Miami. The parent company of KFC, Taco Bell and Pizza Hut reported second-quarter results that beat Wall Street’s view, but a key sales metric failed to meet expectations. Sales at Pizza Hut restaurants open at least a year dipped 1 percent. KFC and Taco Bell reported a 2 percent rise in the metric. (AP Photo/Wilfredo Lee, File)
August 02, 2018 - 8:59 am
LOUISVILLE, Ky. (AP) — Yum reported a key sales figure for the second quarter that fell short of Wall Street expectations, with results mixed for its Taco Bell, KFC and Pizza Hut chains. The Louisville, Kentucky company said sales rose 1 percent at restaurants open at least a year. Analysts...
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August 02, 2018 - 6:50 am
NEW YORK (AP) — CBS will report second-quarter earnings on Thursday as turmoil swirls around the media company as the important fall TV season approaches. CEO Les Moonves is facing a board investigation after the New Yorker published a story on Friday with six women accusing him of sexual...
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FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla’s second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won’t be enough to stop the company’s net loss from rising dramatically when the Palo Alto, Calif., company reports earnings after the bell Wednesday, Aug. 1. (AP Photo/David Zalubowski, File)
August 01, 2018 - 2:11 pm
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But the company reiterated a promise from CEO Elon Musk to post net profits in the third and fourth quarters, and Telsa'...
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August 01, 2018 - 11:05 am
MILAN (AP) — Fashion house Prada says a strong acceleration in ready-to-wear sales has pushed first-half profits up by 11 percent as the fashion house returned to revenue growth. Prada on Wednesday reported net income of 106 million euros ($123 million) in the period, on revenues of 1.5 billion...
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The logo for Ferrari is displayed above a trading post on the floor of the New York Stock Exchange, Wednesday, Aug. 1, 2018. Sports carmaker Ferrari confirms its 2018 earnings forecasts after posting an 18-percent rise in second-quarter profits and a rise in deliveries. (AP Photo/Richard Drew)
August 01, 2018 - 9:41 am
MILAN (AP) — Shares in sportscar Ferrari tanked Wednesday after the new CEO told analysts that an annual revenue target set by the late former chief executive, Sergio Marchionne, was "aspirational." Louis Camilleri, who is also chairman at long-time Ferrari sponsor Philip Morris International, had...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer Inc. (PFE) on Tuesday, July 31, 2018, reported second-quarter earnings of $3.87 billion. (AP Photo/Mark Lennihan, File)
July 31, 2018 - 10:12 am
Pfizer's top executives are predicting the Trump administration will try to eliminate big rebates off prescription drug prices that manufacturers pay to middlemen, a move that could sharply reduce patients' out-of-pocket costs. Pfizer shares jumped 3 percent on the comments, made to analysts during...
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In this Jan. 31, 2018, photo, shoppers standing on an escalator passes by the logo of Nintendo at an electronics store in Tokyo. Nintendo Co. said Tuesday, July 31, 2018, that its quarterly profit jumped 44 percent during the fiscal first quarter thanks to increased sales of Nintendo Switch game titles. (AP Photo/Shizuo Kambayashi)
July 31, 2018 - 2:37 am
SEOUL, South Korea (AP) — Nintendo Co. said Tuesday that its quarterly profit jumped 44 percent in the fiscal first quarter thanks to increased sales of Nintendo Switch game titles. The Japanese maker of Super Mario and Pokemon games said its net profit totaled 30.6 billion yen ($274.9 million)...
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July 31, 2018 - 1:55 am
GENEVA (AP) — Swiss bank Credit Suisse is warning that trade tensions and rising interest rates "are likely to trigger periods of heightened uncertainty through the remainder of 2018." In its earnings update Tuesday, the bank added: "That uncertainty has, over time, the potential to negatively...
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