Earnings reports

February 06, 2020 - 3:17 am
HELSINKI (AP) — Finnish telecom equipment maker Nokia Corp. has reported a rise in fourth-quarter earnings mainly due to cost savings and pledged to boost investments in next-generation 5G networks, of which it is one of the world's main suppliers. Net profit during the October-December period rose...
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A visitor stands by the logo of Toyota at its showroom Thursday, Jan. 30, 2020, in Tokyo. German automaker Volkswagen has kept its lead as the world's largest automaker as Japanese rival Toyota sold fewer vehicles last year. Toyota Motor Corp. said Thursday it sold 10.74 million vehicles around the world in 2019, trailing Volkswagen at 10.97 million vehicles. (AP Photo/Eugene Hoshiko)
February 06, 2020 - 12:17 am
TOKYO (AP) — Japan's top automaker Toyota raised its annual forecast Thursday after cost cuts and healthy sales quadrupled quarterly profits from the previous year. As with other businesses that have operations in China, the threat of the virus outbreak remains. Toyota Motor Corp. has halted...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 12:20 pm
Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with the biggest move Merck's made in years: deciding to spin off its women's health division and other operations with $6.5 billion in annual revenues. The maker of cancer blockbuster Keytruda...
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February 05, 2020 - 1:52 am
BERLIN (AP) — Orders and earnings at industrial conglomerate Siemens were lower than a year earlier in the October-December period, the company said Wednesday, weighed down by weaker performances in the auto and energy sectors. Siemens said orders for the period, its fiscal first quarter, were down...
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Stock trader Frank Masiello works at the New York Stock Exchange, Tuesday, Feb. 4, 2020. Stocks are opening broadly higher on Wall Street, following gains overseas. (AP Photo/Mark Lennihan)
February 04, 2020 - 12:53 pm
NEW YORK (AP) — Technology companies and banks led a broad rally for U.S. stocks in afternoon trading Tuesday following solid gains overseas as China took more steps to soften the financial impact of the virus outbreak. Apple and Microsoft were among the standouts. Like other major tech companies,...
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FILE - In this Jan. 9, 2020, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 31. (AP Photo/Richard Drew, File)
January 31, 2020 - 8:50 am
NEW YORK (AP) — Stocks are opening lower on Wall Street amid ongoing uncertainty about the economic impact of the virus outbreak that originated in China. The S&P 500 index fell 0.5% to 3,266 and could be headed for its first two-week losing streak since early October. Energy and technology...
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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 - 9:51 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 Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 30. (AP Photo/Richard Drew, File)
January 30, 2020 - 4:15 pm
Major U.S. stock indexes finished higher Thursday after a late burst of buying led by technology and financial companies reversed an early slide. News of a spike in the number of confirmed cases and fatalities from a virus outbreak in China put investors in a selling mood for most of the day,...
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January 29, 2020 - 8:39 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. The South Korean tech...
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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 - 6:54 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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