Latest Corporate profits News

FILE - In this Jan. 3, 2020, file photo the New York Stock Exchange is framed by the columns at Federal Hall National Memorial in New York. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 10. (AP Photo/Mary Altaffer, File)

US stocks pull back from records following jobs report

Jan. 10, 2020 4:31 PM EST

NEW YORK (AP) — U.S. stocks fell from their record heights on Friday after a report showed hiring was a touch weaker than expected last month. Employers added 145,000 jobs across the country in December, short of the 160,000 that economists forecast. But the growth was solid enough to bolster Wall...

FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Corporate profits continued their yearlong slide during the third quarter and analysts expect another poor performance before things start improving. (AP Photo/Richard Drew, File)

Companies struggle to grow profits, look ahead to 2020

Nov. 27, 2019 1:09 PM EST

NEW YORK (AP) — Corporate profits continued their yearlong slide during the third quarter and analysts expect another decline this quarter before the numbers start improving. Companies have been hindered by slower global economic growth, worsened by the U.S.-China trade war, in their efforts to increase...