Airbus CEO sees no short-term benefit from Boeing MAX woes

FRANKFURT, Germany — Airbus' chief executive said Thursday that his company sees no short-term benefit from Boeing's troubles with its grounded 737 MA...
9:47 13 February 2022

Solid earnings send stock indexes higher on Wall Street

NEW YORK — Stocks are opening broadly higher on Wall Street, following gains overseas, as investors welcome more solid earnings reports from U.S. comp...
14:43 12 February 2022

Twitter shares jump on rise in user numbers, revenue

Shares in Twitter jumped Thursday after the social media company said its revenue growth and user numbers exceeded forecasts in the latest quarter, th...
15:13 6 February 2022

Nintendo profits up on healthy Switch demand for Christmas

TOKYO — 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 ...
10:43 30 January 2022

Microsoft plows ahead in cloud business growth

Microsoft on Wednesday reported another solid quarterly report card to Wall Street, as it plows ahead in selling its cloud computing services to big b...
21:41 29 January 2022

Easing trade tensions bode well for emerging market stocks

LOS ANGELES — Several factors are pointing to a possible rebound in emerging market stocks this year.
20:02 23 January 2022

United Airlines boosts profit on more revenue, cheaper fuel

United Airlines reported Tuesday that higher revenue and cheaper fuel helped boost its fourth-quarter profit by nearly 40%, to $641 million.
22:43 21 January 2022

Banks post big profits, but lower interest rates are a worry

NEW YORK — So far, it appears 2019 was another record year for Wall Street.
18:50 14 January 2022

Holiday travelers push Delta to $1.1 billion 4Q profit

Delta Air Lines boosted its fourth quarter profit to $1.1 billion by adding more flights over the holiday-packed period and packing them even more ful...
12:16 14 January 2022

Nike’s sales get boost from direct-to-consumer strategy

NEW YORK — Nike’s quarterly results again beat Wall Street expectations, as its online sales grew and customers shrugged off a series of corporate sca...
23:19 19 December 2021

FedEx profit falls 40% amid higher costs, loss of Amazon

NEW YORK — FedEx said Tuesday that its profit fell 40% in its most recent quarter, hurt by higher costs, a shorter holiday shipping season and its mov...
22:48 17 December 2021

Macy’s weak earnings reflect more trouble at malls

NEW YORK — There’s more trouble for the nation’s malls heading into the crucial holiday shopping season.
20:41 21 November 2021

Lowe’s 3Q profit buoyed by strong economy; lifts outlook

Lowe's third-quarter profit handily topped Wall Street’s view, thanks in part to strong economic conditions and sales to contractors. The home-improve...
12:54 20 November 2021

Target bursts into the holiday season with a bang

NEW YORK — Target is bursting into the critical holiday season with very strong third-quarter earnings as the company pushes faster delivery and inves...
12:34 20 November 2021

CVS gets a 3Q booster shot from Aetna as revenue soars

CVS Health revenue surged in the third quarter as the drugstore chain and pharmacy benefits manager added health insurance and pushed ahead with a pla...
16:18 6 November 2021

Stocks head for record high following solid jobs report

NEW YORK — A government report revealing surprisingly solid job growth in October put investors in a buying mood Friday and drove broad gains for U.S....
16:35 1 November 2021

Apple shakes off iPhone slump to deliver strong fiscal 4Q

SAN FRANCISCO — Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone.
22:53 30 October 2021

US stocks cap wobbly day of trading with modest losses

Technology companies led stocks lower on Wall Street Tuesday as a wobbly day of trading ended with modest losses for the market.
20:56 29 October 2021

GM 3Q profit falls 7% as auto workers strike cuts production

DETROIT — Only two weeks of a lengthy strike against General Motors happened in the third quarter, but that was enough to dent the company's net profi...
12:17 29 October 2021

Global markets dip as week of earnings, reports heats up

BANGKOK — Shares in Europe turned lower on Tuesday after a mixed session in Asia, where Chinese benchmarks declined after Hong Kong's leader warned po...
12:02 29 October 2021

Asian shares mixed after S&P 500 hits all-time high

BANGKOK — Shares were mixed in Asia and Chinese benchmarks fell Tuesday after the S&P 500 index closed at an all-time high.
4:12 29 October 2021

Asian shares mixed after US gains amid global uncertainties

TOKYO — Asian shares were mixed Friday, after Wall Street indexes posted modest gains, cheered by solid profits and forecasts from U.S. technology com...
3:09 25 October 2021

American Airlines feels pinch of Boeing Max groundings

FORT WORTH, Texas — American Airlines is reporting higher third-quarter profit, but it is cutting the upper end of its estimate for full-year earnings...
12:45 24 October 2021

World shares advance as earnings remain in focus

BANGKOK — Stock markets rose on Thursday after some upbeat company earnings and as investors awaited the European Central Bank's monetary policy decis...
11:13 24 October 2021

Stocks eke out gains after a mixed set of earnings reports

U.S. stock indexes eked out tiny gains Wednesday following a wobbly day of trading as investors reviewed another set of mixed quarterly report cards f...
21:05 23 October 2021

Ford 3Q profit falls nearly 60% on restructuring costs

DEARBORN, Mich. — Ford Motor Co.'s third-quarter net income tumbled nearly 60% as the company booked $1.5 billion in charges mainly for restructuring,...
20:38 23 October 2021

Boeing costs for 737 Max jump, profit falls short in 3Q

DALLAS — Boeing's third-quarter earnings fell 51% as it added another $900 million in costs for the troubled 737 Max and deliveries of new planes tumb...
14:11 23 October 2021