Latest Earnings reports News

JC Penney losses narrow, CEO tries to reinvigorate stores

Nov. 15, 2019 10:57 AM EST

NEW YORK (AP) — J.C. Penney, in the throes of yet another reinvention, offered some rare hope during the third quarter. The troubled department store chain raised its annual profit forecast Friday after reporting narrowed losses. It still anticipates a sharp sales decline for the year, however. Jill...

Walmart offers holiday cheer as traditional peers struggle

Nov. 14, 2019 11:40 AM EST

NEW YORK (AP) — Walmart is offering some holiday cheer heading into the crucial Christmas shopping season even as many of its traditional peers struggle. The nation’s largest retailer raised its annual profit expectations on Thursday after reporting strong third-quarter results helped by its grocery...

Energizer, ADT advance; Bank of America, Canadian Solar slip

Nov. 13, 2019 4:47 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Energizer Holdings Inc., up $6.38 to $48.38 The battery and personal care products maker handily beat Wall Street’s fiscal fourth-quarter profit forecasts. Canadian Solar Inc., down $2.85 to $14.66 The solar wafers maker...

Scandal-hit Nissan's profits crash amid lower global sales

Nov. 12, 2019 4:59 AM EST

TOKYO (AP) — Japanese automaker Nissan reported Tuesday that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn. Yokohama-based Nissan Motor Co.'s fiscal second quarter profit totaled 59...

Walt Disney, Monster Beverage advance; Gap, Teradata slide

Nov. 8, 2019 4:31 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Walt Disney Co., up $5 to $137.96 The entertainment company handily beat analysts' fiscal fourth-quarter profit forecasts on strong revenue from films including the "The Lion King". Gap Inc., down $1.38 to $16.68 The retailer...

Amtrak reports record revenue, ridership, but still in red

Nov. 8, 2019 3:38 PM EST

NEWARK, N.J. (AP) — Amtrak on Friday reported record ridership and revenue figures for the fiscal year that ended Sept. 30, leading officials to predict the heavily subsidized railroad could eliminate operating losses as soon as next year. The government-owned passenger railroad said it provided 32.5...

Uncertainty over US-China trade keeps markets in check

Nov. 8, 2019 8:11 AM EST

LONDON (AP) — Uncertainty about a possible U.S.-Chinese agreement to roll back tariffs in their trade war kept global markets in check Friday. Though the two sides have agreed to reduce some punitive tariffs on each other's goods, the full extent of the rollback wasn't clear. A Chinese spokesman announced...

Japanese automaker Honda cuts profit outlook as sales slip

Nov. 8, 2019 3:40 AM EST

TOKYO (AP) — Honda has become the latest automaker to report weaker earnings as global demand softens. The company said Friday that its profit in the July-September fell 6.7% from a year earlier to 196.5 billion yen ($1.8 billion) as vehicle and motorcycle sales slipped. An unfavorable exchange rate also...

'The Lion King,' 'Toy Story 4' help boost Disney's profit

Nov. 7, 2019 5:42 PM EST

NEW YORK (AP) — Walt Disney Co. on Thursday reported fiscal fourth-quarter net income that beat Wall Street's expectations thanks to strong theater revenue from films like "The Lion King" and "Toy Story 4," along with higher parks revenue. The results came as Disney readies for the debut Tuesday of its...

Qualcomm, SeaWorld rise; Expedia, Party City fall

Nov. 7, 2019 5:14 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Qualcomm Inc., up $5.35 to $89.98 The chipmaker's fiscal fourth-quarter profit and revenue beat Wall Street forecasts. Square Inc., up $3.07 to $64.41 The mobile payments services provider beat Wall Street's third-quarter profit...