Financial performance

FILE - In this Feb. 9, 2018, file photo a box for an Amazon prime customer moves through the new Amazon Fulfillment Center in Sacramento, Calif. This year Prime Day is happening on two days: Monday, July 15, 2019, and Tuesday, July 16. (AP Photo/Rich Pedroncelli, File)
July 16, 2019 - 1:13 am
NEW YORK (AP) — Amazon's Prime Day is coming with a wave of deals — and protests. The company's fifth annual Prime Day now stretches two days, Monday and Tuesday, invented as an effort to try to drum up sales during sluggish summer months and sign up more users for its Prime loyalty program. The...
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FILE - In this July 1, 2019, file photo trader James Riley works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, July 15. (AP Photo/Richard Drew, File)
July 15, 2019 - 7:22 am
NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes for every major stock index last week. The S&P 500 index also pushed above 3,000 for the first time. Citi led banks...
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FILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. On Monday, July 15, 2019, Citigroup Inc. reports financial results. (AP Photo/Richard Drew, File)
July 15, 2019 - 6:09 am
NEW YORK (AP) — Banking conglomerate Citigroup said its second quarter profits rose by 7% from a year ago, helped by higher interest rates, a lower tax rate and a strong economy. Citigroup is the first of the big Wall Street banks to report results this week. All the major banks are expected to...
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Assemblyman Chris Holden, D-Pasadena, center, shakes hands with Assemblyman Chad Mayes, R-Yucca Valley, after their wildfire measure they co-authored, along with Assemblywoman Autumn Burke, D-Inglewood was approved by the Assembly in Sacramento, Calif., Thursday, July 11, 2019. The bill, AB1054, aimed at stabilizing the state's electric utilities in the face of devastating wildfires caused by their equipment, was approved overwhelmingly and now goes to the governor. At left is state Sen. Bill Dodd, D-Napa, who carried the measure in the Senate. (AP Photo/Rich Pedroncelli)
July 11, 2019 - 3:50 pm
SACRAMENTO, Calif. (AP) — California lawmakers approved a multibillion-dollar plan Thursday to shore up the state's biggest electric utilities in the face of catastrophic wildfires and claims for damage from past blazes caused by their equipment. It requires major utilities to spend at least $5...
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FILE - In this July 5, 2019, file photo trader Benjamin Tuchman works at the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 11. (AP Photo/Mark Lennihan, File)
July 11, 2019 - 11:35 am
An early rally on Wall Street that sent the Dow Jones Industrial Average above 27,000 for the first time lost much of its momentum Thursday afternoon. The S&P 500 edged lower, erasing the gains that had briefly propelled the benchmark index above 3,000 for the second day in a row. The Nasdaq...
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FILE - In this June 18, 2019, file photo specialist Dilip Patel works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 10. (AP Photo/Richard Drew, File)
July 10, 2019 - 7:34 am
U.S. stocks marched broadly higher in early trading Wednesday, sending the S&P 500 index into record territory, after the head of the Federal Reserve signaled that the central bank is ready to cut interest rates for the first time in a decade. In his semi-annual monetary report to Congress, Fed...
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July 10, 2019 - 3:49 am
BEIJING (AP) — China says auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending a year-old contraction that is squeezing automakers as they spend on developing electric cars. An industry group said Wednesday drivers in the global industry's biggest...
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FILE - In this April 23, 2018, photo, Pepsi soft drink bottles are displayed at a store in Windham, N.H. PepsiCo Inc. reports earns on Tuesday, July 9, 2019. AP Photo/Charles Krupa, File)
July 09, 2019 - 7:39 am
PURCHASE, N.Y. (AP) — PepsiCo reported better-than-expected profit and revenue in its most recent quarter thanks in part to U.S. price hikes. Pepsi raised prices last fall to cover higher transportation and aluminum costs. In a company conference call, some analysts expressed concern about the...
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FILE - In this Jan. 30, 2019, file photo, visitors enter Samsung Electronics' booth during an industrial fair in Seoul, South Korea. Samsung Electronics Co. on Friday, July 5, 2019, says its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips. (AP Photo/Ahn Young-joon, File)
July 04, 2019 - 6:34 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips. The South Korean tech giant estimated an operating profit of 6.5 trillion won ($5.5 billion) for the April-June...
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FILE - In this June 18, 2019, photo trader Peter Tuchman, left, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 28. (AP Photo/Richard Drew, File)
June 28, 2019 - 9:30 am
NEW YORK (AP) — U.S. stocks edged higher in afternoon trading on Wall Street Friday as investors closed a wobbly week ahead of key trade talks between the U.S. and China. Every major index was headed for a weekly loss, but still solidly on track to close the month and quarter with gains. The latest...
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