Latest Earnings reports News

New Orleans airport reports spike in revenue at new terminal

Jan. 21, 2020 8:29 AM EST

NEW ORLEANS (AP) — Revenue from food and drinks has increased from a new $1 billion terminal at Louis Armstrong New Orleans International Airport according to a recent report, which could mean more flights are added in the future. There was a 32% increase in food and beverage revenue in November 2019,...

This Week: Netflix earns, US home sales, Southwest earns

Jan. 20, 2020 1:11 AM EST

A look at some of the key business events and economic indicators upcoming this week: STREAMING WARS Netflix serves up its fourth-quarter results Tuesday. Financial analysts forecast the video streaming pioneer will report that its earnings and revenue increased in the final quarter of 2019. Investors will be...

FILE - In this Jan. 10, 2020, file photo specialist Meric Greenbaum, center, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 16. (AP Photo/Richard Drew, File)

Global stocks inspired by US rally, hopes for Chinese growth

Jan. 17, 2020 7:54 AM EST

Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s...

Morgan Stanley, Signet Jewelers rise; Alcoa, PPG fall

Jan. 16, 2020 4:24 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Alcoa Corp., down $2.40 at $17.78. The aluminum producer reported a big fourth-quarter loss and warned that an aluminum surplus is holding down prices. XPO Logistics Inc., up $12.53 at $95.35. The transportation and logistics...

MGM Springfield reports lowest month of gambling revenue

Jan. 16, 2020 11:19 AM EST

SPRINGFIELD, Mass. (AP) — A Massachusetts casino reported its lowest monthly revenue in its 16-month history. MGM Springfield's December gross gambling revenue was $18.9 million, down from $21.6 million a year ago. The Massachusetts Gaming Commission released its monthly numbers Wednesday. The new numbers...

Investors monitor stock prices at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)

Asian shares mixed after signing of China-US trade pact

Jan. 15, 2020 11:42 PM EST

Share prices were mixed Thursday in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. Japan's Nikkei 225 was flat Thursday at 23,925.70, while the Kospi in South Korea added 0.2% to 2,236.01....

FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)

Another strong UnitedHealth quarter, 2019 profit at $13.84B

Jan. 15, 2020 1:31 PM EST

UnitedHealth’s fourth-quarter net income surged 16%, and investors shrugged off a rare revenue miss to make the nation’s largest health insurer one of the biggest gainers in Wednesday trading. Growing Medicare Advantage coverage and fat profits from UnitedHealth’s Optum business, which...

A currency trader talks on the phone at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)

World shares slip on jitters over China-US trade deal

Jan. 15, 2020 7:57 AM EST

BANGKOK (AP) — World shares were mostly lower on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Britain's FTSE 100 edged 0.1% higher to 7,632, while the CAC 40 in Paris was down 0.2% at 6,028. In Germany, the DAX lost 0.2% to...

How major US stock indexes fared Tuesday

Jan. 14, 2020 5:05 PM EST

Stock indexes closed unevenly on Wall Street Tuesday as losses in technology companies outweighed gains elsewhere in the market. A published report indicating that an interim trade deal between the U.S. and China due to be signed Wednesday does not remove tariffs on Chinese goods weighed on the market. Investors...

FILE - In this Oct. 21, 2013, file photo, the JPMorgan Chase logo is displayed at their headquarters in New York. Banking giant JPMorgan Chase said that its fourth-quarter profits jumped 21% from a year earlier, as the bank's trading desks had a blowout quarter. A sharp increase in JPMorgan's trading business made up for declining interest rates, which impacted other parts of the bank. (AP Photo/Seth Wenig, File)

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

Jan. 14, 2020 2:57 PM EST

NEW YORK (AP) — So far, it appears 2019 was another record year for Wall Street. Trading of stocks and bonds rebounded after a terrible end to 2018 and consumers spent tons of money on their credit cards, buoyed by a strong job market and steady economic growth. On Tuesday, JPMorgan Chase reported a...