Financial performance

August 01, 2019 - 2:02 am
LONDON (AP) — London-based Barclays bank says second-quarter earnings fell 19% as income stagnated and it set aside more money to cover bad loans. Net income dropped to 1.03 billion pounds ($1.25 billion) from 1.28 billion in the same period last year. Income was largely flat at 5.54 billion pounds...
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July 31, 2019 - 3:08 pm
ATLANTA (AP) — Georgia Power has ordered nuclear fuel for its long-delayed expansion of Plant Vogtle, the nation's first large-scale nuclear project in more than 30 years. The fuel order was announced the day before its parent company reported second-quarter net income of $902 million, after...
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July 31, 2019 - 3:44 am
RICHMOND, Va. (AP) — A blood-testing company filed for bankruptcy and says it's cutting jobs because Medicare payments have been withheld over allegations of fraud. The Richmond Times-Dispatch reports True Health Diagnostics LLC filed for Chapter 11 bankruptcy protection this week and notified...
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FILE - In this June 15, 2019, file photo customers leave an Apple store on the 3rd Street Promenade in Santa Monica, Calif. Apple Inc. reports financial results on Tuesday, July 30. (AP Photo/Richard Vogel, File)
July 30, 2019 - 2:16 pm
SAN FRANCISCO (AP) — Apple's iPhone sales are still sputtering while the company tries to offset the decline by milking more money from digital services such as music. The latest evidence of the iPhone's waning popularity had been expected. Even so, the confirmation in Tuesday's fiscal third-...
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FILE - This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports earnings Friday, Feb. 1, 2019. Merck & Co., Inc. reports financial results on Tuesday, July 30, 2019. (AP Photo/Seth Wenig, File)
July 30, 2019 - 11:31 am
Soaring sales of its cancer blockbuster and vaccines helped drive Merck's second-quarter profit up a whopping 54%, blowing past Wall Street expectations. The maker of cancer immunotherapy drug Keytruda and diabetes pill Januvia also benefited from slightly reduced spending on research and...
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A Super Mario figure is displayed at a showroom in Tokyo, Tuesday, July 30, 2019. Japanese video game maker Nintendo Co. has reported fiscal first quarter profit dipped to about half of what it was the previous year despite improved sales as an unfavorable exchange rate eroded earnings. (AP Photo/Koji Sasahara)
July 30, 2019 - 1:56 am
TOKYO (AP) — Nintendo Co.'s fiscal first quarter profit dipped to about half of what it was a year earlier despite improved sales as an unfavorable exchange rate eroded earnings, the Japanese video game maker said Tuesday. Nintendo's April-June quarter profit totaled 16.6 billion yen ($153 million...
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July 30, 2019 - 1:32 am
TOKYO (AP) — Sony Corp. has reported a 33% drop in its fiscal first quarter profit as sales dipped in its electronics operations, including TV sets and camcorders. The Japanese electronics and entertainment company reported Tuesday that its April-June profit totaled 152 billion yen ($1.4 billion),...
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FILE - In this June 26, 2019, file photo, a package of meatless burgers by Beyond Meat are seen in Orlando, Fla. Beyond Meat reports financial earns Monday, July 29. (AP Photo/John Raoux, File)
July 29, 2019 - 3:09 pm
EL SEGUNDO, Calif. (AP) — Beyond Meat is in for a bumpy ride. The plant-based meat maker reported some good news Monday, raising its full-year revenue guidance after better-than-expected second quarter sales. But its shares slumped as it turned in a bigger loss than Wall Street forecast and...
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FILE - In this Friday, July 19 2019, file photo specialist Mark Otto, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 26. (AP Photo/Richard Drew, File)
July 26, 2019 - 7:50 am
NEW YORK (AP) — U.S. stock indexes rose Friday following strong profit reports from Google's parent company, Twitter and other big corporations. The S&P 500 climbed back toward its record and was on track to close out its third winning week in the last four. Companies are nearly midway through...
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In this June 25, 2019 photo a sign is displayed outside a McDonald's restaurant in Pittsburgh. McDonald's Corp. reports financial earnings on Friday, July 26. (AP Photo/Gene J. Puskar)
July 26, 2019 - 7:45 am
NEW YORK (AP) — McDonald's newly modernized stores and growth in delivery helped the world's largest hamburger chain serve up the biggest increase in global sales at established locations during the second quarter in seven years. The Chicago-based chain reported a 6.5 % gain in sales at locations...
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