Latest Earnings reports News

Demand for fast, online delivery drives UPS 3Q

Oct. 22, 2019 7:47 AM EDT

ATLANTA (AP) — UPS is reporting strong third quarter earnings with e-commerce driving volumes higher, particularly next-day service. Next-day air delivery volumes jumped almost 24% in the three month period. The Atlanta company on Tuesday reported net income of $1.75 billion, or $2.01 per share. Adjusted...

Asian stocks climb, lifted by upbeat talk on China-US trade

Oct. 22, 2019 12:54 AM EDT

BANGKOK (AP) — Shares are gaining in Asia after upbeat comments from President Donald Trump and other U.S. officials on the status of trade negotiations with China. The Kospi in South Korea led gains, jumping 1.3% to 2,090.88, thanks to gains in technology companies overnight on Wall Street. Australia's...

TD Ameritrade 4Q profit up 21% before cutting commissions

Oct. 21, 2019 5:09 PM EDT

OMAHA, Neb. (AP) — Online brokerage TD Ameritrade said Monday that its fiscal fourth quarter profit jumped 21% in the last quarter before it slashed its trading commissions to zero. The Omaha, Nebraska-based company said it earned $551 million, or $1 per share. That's up from $454 million, or 80 cents per...

Markets Right Now: Stocks rise, led by tech companies, banks

Oct. 21, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher Monday, led by gains in technology companies and banks. The technology sector of the S&P 500 rose 1.1%, snapping a three-day losing streak. Apple rose 1.7%. Intel gained 1.5%....

Nebraska senators: More revenue could mean property tax cuts

Oct. 20, 2019 11:14 AM EDT

LINCOLN, Neb. (AP) — Nebraska lawmakers who want to lower property taxes and replenish the state's rainy-day fund could have a slightly easier time accomplishing those goals next year, but many are still worried about the impact of major flooding and the struggling farm economy. Key lawmakers said they're...

Stocks end lower; S&P 500 notches 2nd straight weekly gain

Oct. 18, 2019 5:19 PM EDT

The S&P 500 index closed out an uneven week of trading on Wall Street with its second straight weekly gain, even though stock indexes ended lower Friday. Technology companies led the slide, which erased the major U.S. indexes' gains from the day before. Communication services, industrials and health care...

Coca-Cola, Schlumberger advance while J&J, Gildan retreat

Oct. 18, 2019 4:53 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. Coca-Cola Co., up 99 cents to $54.78 The world's largest beverage maker reported improved sales of Coca-Cola Zero Sugar and other products that helped it beat analysts' third-quarter revenue forecasts. Intuitive Surgical Inc., up...

Markets Right Now: Technology stocks lead US indexes lower

Oct. 18, 2019 4:09 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing lower Wall Street Friday, weighed down by losses in technology and communications companies. Microsoft lost 1.6% Friday, and Facebook gave up 2.4%. Makers of consumer products were bucking the...

Stocks slip as first big week of earnings heads to a finish

Oct. 18, 2019 10:38 AM EDT

NEW YORK (AP) — Stocks are slipping in early trading on Wall Street Friday, weighed down by losses in technology companies. The market is still on track for its second weekly gain after three straight losing weeks. Investors are also absorbing the latest economic data showing that growth in China sank to a...

American Express 3Q profits rise 8%

Oct. 18, 2019 8:28 AM EDT

NEW YORK (AP) — American Express's third-quarter profits rose by 8%, the credit card company said Friday, as its members spent more on its eponymous cards and more carried a balance. The New York-based company earned a profit of $1.76 billion, or $2.08 per share, up from $1.65 billion, or $1.88 per share,...