Earnings reports

FILE - In this photo made on Wednesday, April 25, 2018, the prices for regular gas and diesel are posted at a Speedway station in Zelienople, Pa. The $21 billion sale of Speedway gas stations buys Marathon Petroleum some breathing room as the global pandemic continues to punish the energy sector. Wall Street focused on the sale to 7-Eleven over the weekend, rather than the huge losses the company posted Monday, Aug. 3, 2020 with a lack of demand for fuel leading to refinery shutdowns. (AP Photo/Keith Srakocic, file)
August 03, 2020 - 12:08 pm
SILVER SPRING, Md. (AP) — The $21 billion sale of Speedway gas stations has bought Marathon Petroleum some breathing room as the global pandemic continues to punish the energy sector. Wall Street focused on the sale to 7-Eleven over the weekend, rather than the huge losses the company posted Monday...
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August 03, 2020 - 7:25 am
MILAN (AP) — Italian sportscar maker Ferrari lowered its full year earnings guidance on Monday after reporting second-quarter profits were nearly wiped out by temporary halts in production and delivery due to the coronavirus. The automaker reported 9 million euros ($10.5 million) in net profit for...
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FILE - In this Aug. 28, 2015, file photo, people walk past a branch of HSBC bank in London. Europe’s biggest bank, HSBC, has reported Monday, Aug. 3, 2020, its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic stunted business activity. (AP Photo/Frank Augstein, File)
August 03, 2020 - 12:41 am
LONDON (AP) — Europe’s biggest bank, HSBC, said Monday that its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic tool hold. The bank's net profit was $192 million in the April-June quarter, down from $4.37...
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A stock trader, left, adjusts his mask as he enters the New York Stock Exchange, Thursday, July 30, 2020. Strong gains for Big Tech stocks are helping to prop up Wall Street in early Friday trading following blowout profit reports from some of the market’s most influential companies. (AP Photo/Mark Lennihan)
July 31, 2020 - 4:03 pm
NEW YORK (AP) — Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month. The S&P 500 rose 24.90 points, or 0.8%, to 3,271.12 following blowout profit...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. The pandemic increased sales of Merck medicines during the first quarter of 2020, as households around the world stocked up, but the drugmaker expects a significant hit this quarter as the full force of the outbreak lands. (AP Photo/Seth Wenig, File)
July 31, 2020 - 10:04 am
FAIRLESS HILLS, PA (AP) — Surging sales of cancer medicines and reduced spending across the board helped Merck overcome a big hit from the coronavirus pandemic and pushed second quarter profits up by 12%. The drugmaker blew past Wall Street projections and boosted its financial forecast for the...
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July 31, 2020 - 2:49 am
HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue. The Espoo, Finland-based maker of new-generation 5G mobile and other networks...
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FILE - In this Oct. 20, 2019 file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. reports quarterly financial results after the market close, Thursday, July 30 2020. (AP Photo/David Zalubowski, File)
July 30, 2020 - 4:52 pm
DETROIT (AP) — Ford Motor Co. posted results on Thursday that were not as grim as expected for its second quarter that saw its U.S. factories shuttered for half the period to combat the spread of the coronavirus and car buyers sheltering in place. Ford reported a $1.12 billion second-quarter net...
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FILE - This March 19, 2018 photo shows the Google app on an iPad in Baltimore. Big Tech companies reported mixed quarterly earnings on Thursday, July 30, 2020, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. (AP Photo/Patrick Semansky, File)
July 30, 2020 - 4:51 pm
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. All four were affected by the pandemic, although in strikingly different ways. Google and Facebook...
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A man lifts his arm as he walks by the New York Stock Exchange, Thursday, July 30, 2020. Stocks are falling on Wall Street Thursday after reports showed that layoffs are continuing at a stubborn pace and that the U.S. economy contracted at a nearly 33% annual rate in the spring. (AP Photo/Mark Lennihan)
July 30, 2020 - 4:09 pm
NEW YORK (AP) — Most of Wall Street stumbled Thursday, but yet another rise for big technology stocks helped keep the market’s losses in check. The S&P 500 dropped 12.22 points, or 0.4%, to 3,246.22, with nearly three out of four stocks in the index falling. Among the hardest-hit were oil...
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FILE - In this Dec. 19, 2018, file photo packages await delivery inside of a UPS truck in Baltimore. United Parcel Service Inc. reported a 13% drop in first-quarter profit, to $965 million, as stay-at-home orders generated deliveries to people’s homes but not enough to offset the higher costs and a drop in business deliveries. UPS said Tuesday, April 28, 2020 that the coronavirus outbreak has created “significant headwinds.” (AP Photo/Patrick Semansky, FIle)
July 30, 2020 - 7:03 am
A boom in online shopping during the pandemic pushed revenue higher at United Parcel Service Inc., which reported a $1.77 billion profit for the second quarter. UPS said Thursday that shipping volume jumped 23% to more than 21 million packages a day. Crucially, shipments from businesses to U.S...
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