Earnings

February 04, 2020 - 3:45 am
MILAN (AP) — Italian luxury sports car maker Ferrari on Tuesday reported that its profits last year sank 11% as it shifted its geographical footprint, but raised its forecasts for 2020. Ferrari said net profit fell to 699 million euros ($772 million) from 787 million euros the previous year...
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In this July 19, 2019, file, photo, people walk out from the headquarters of Sony Corp., in Tokyo. Japanese electronics and entertainment company Sony reports October-December profit dipped to about half of what it was the previous year as its video-game, networking and film businesses stumbled. (AP Photo/Koji Sasahara, File)
February 04, 2020 - 1:51 am
TOKYO (AP) — Japanese electronics and entertainment company Sony Corp. warned Tuesday that forecasts and results were at risk because of the new virus in China, as it reported a drop in fiscal third quarter on stumbling video game, networking and film businesses. Tokyo-based Sony, which makes...
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February 03, 2020 - 1:24 pm
Google parent company Alphabet posted mixed fourth-quarter results on Monday, falling short on Wall Street's expectations for revenue but beating on profit. The Mountain View, California-based company earned $10.67 billion, or $15.35 per share, in the final three months of 2019. That's up from $8...
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In this Jan. 23, 2020, photo, a traveler walks past a propaganda featuring Nintendo character at Narita airport in Narita, near Tokyo. Japanese video game maker Nintendo is reporting a 29% rise in quarterly profit on solid demand for its Switch console during the year-end shopping season. (AP Photo/Eugene Hoshiko)
January 30, 2020 - 7:51 pm
TOKYO (AP) — Will Mario follow in the steps of Mickey Mouse? Japanese video game maker Nintendo Co. said Friday it is bullish about profiting from its characters by mirroring the historical appeal of the Disney franchise. “We are thinking about the Nintendo brand that way,” said the company's game...
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FILE - In this Nov. 26, 2019, file photo a UPS man delivers a package to a residence in North Andover, Mass. United Parcel Service Inc. reports financial results on Thursday, Jan. 30, 2020. (AP Photo/Elise Amendola, File)
January 30, 2020 - 1:58 pm
Shares of United Parcel Service Inc. slumped Thursday after the package-delivery company gave a cautious outlook for 2020 as it invests more in its network to speed up deliveries. UPS reported a fourth-quarter loss of $106 million, but that was mostly due to a charge related to pensions — the...
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FILE - In this July 30, 2019, file photo, a Super Mario figure is displayed at a showroom in Tokyo. After months of being tight-lipped, Comcast executives on Thursday, Jan. 23, 2020, said the fourth park at Universal Orlando would be based on characters from Nintendo. (AP Photo/Koji Sasahara, File)
January 30, 2020 - 2:43 am
TOKYO (AP) — Japanese video game maker Nintendo Co. reported Thursday a 29% rise in quarterly profit, as its earnings got a lift from solid demand for the Switch console during the year-end shopping season. Kyoto-based Nintendo's October-December profit totaled 134 billion yen ($1.2 billion), up...
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FILE - In this April 30, 2019, file photo attendees take a selfie in front of a Facebook sign at F8, the Facebook's developer conference in San Jose, Calif. Facebook reports financial results on Wednesday, Jan. 29, 2020. (AP Photo/Tony Avelar, File)
January 29, 2020 - 4:54 pm
SAN FRANCISCO (AP) — Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference. Its profit and revenue both handily surpassed Wall Street's expectations. The company also said...
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FILE - In this Jan. 25, 2020, file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing Co. reports financial results on Wednesday, Jan. 29. (AP Photo/Ted S. Warren, File)
January 29, 2020 - 12:46 pm
Boeing, an icon of American manufacturing, suffered its first annual financial loss in more than two decades while the cost of fixing its marquee aircraft after two deadly crashes soared to more than $18 billion. New CEO David Calhoun on Wednesday stood by his estimate that regulators will certify...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 29, 2020. (AP Photo/Richard Drew, File)
January 29, 2020 - 10:50 am
Stocks moved higher on Wall Street in afternoon trading Wednesday ahead of the Federal Reserve's latest interest rate policy update. The central bank was widely expected to leave its short-term interest rate unchanged. The Fed lowered rates three times last year. Investors also continued to size up...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
January 28, 2020 - 2:16 pm
Stocks closed broadly higher on Wall Street Tuesday, reversing a big slice of the market’s losses from a sharp sell-off the day before. The rebound ended a five-day losing streak for the Dow Jones Industrial Average fueled largely by fears that the spread of a new virus in China could hamper global...
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