Latest Business News
Stock market today: Wall Street adds to its hot start to the week in early trading
NEW YORK (AP) — U.S. stocks are ticking higher Tuesday and adding to their hot start to the week. The S&P 500 was up 0.4% in early trading to pull further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average was up 81 points, or 0.2%, as of 9:35...
General Motors reports strong first-quarter profits as prices help offset small US sales dip
DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The automaker said that while its average sales price per vehicle was down slightly from...
NVR: Q1 Earnings Snapshot
RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported first-quarter profit of $394.3 million. On a per-share basis, the Reston, Virginia-based company said it had net income of $116.41. The results topped Wall Street expectations. The average...
Heartland Express: Q1 Earnings Snapshot
NORTH LIBERTY, Iowa (AP) — NORTH LIBERTY, Iowa (AP) — Heartland Express Inc. (HTLD) on Tuesday reported a loss of $15.1 million in its first quarter. On a per-share basis, the North Liberty, Iowa-based company said it had a loss of 19 cents. The trucking and...
Gatx: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Gatx Corp. (GATX) on Tuesday reported profit of $74.3 million in its first quarter. The Chicago-based company said it had net income of $2.03 per share. Earnings, adjusted for non-recurring gains, were $2.01 per share. The equipment...
Starbucks takes on the federal labor agency before the US Supreme Court
After Starbucks fired seven workers who were trying to unionize their Tennessee store, a U.S. government agency obtained a court order forcing the company to rehire them. Now, Starbucks wants the Supreme Court to curb the government’s power in such cases. On Tuesday, justices are...
Popular: Q1 Earnings Snapshot
HATO REY, Puerto Rico (AP) — HATO REY, Puerto Rico (AP) — Popular Inc. (BPOP) on Tuesday reported first-quarter earnings of $102.9 million. The bank, based in Hato Rey, Puerto Rico, said it had earnings of $1.43 per share. Earnings, adjusted for non-recurring costs, were $1.87...
Preferred Bank: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Preferred Bank (PFBC) on Tuesday reported first-quarter earnings of $33.5 million. The bank, based in Los Angeles, said it had earnings of $2.44 per share. The results beat Wall Street expectations. The average estimate of four...
W.R. Berkley: Q1 Earnings Snapshot
GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — W.R. Berkley Corp. (WRB) on Tuesday reported first-quarter earnings of $442.5 million. On a per-share basis, the Greenwich, Connecticut-based company said it had net income of $1.64. Earnings, adjusted for investment gains, came to...
Freeport-McMoRan: Q1 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Freeport-McMoRan Inc. (FCX) on Tuesday reported first-quarter earnings of $473 million. The Phoenix-based company said it had profit of 32 cents per share. The results beat Wall Street expectations. The average estimate of six analysts...
