Latest Earnings reports News

People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)

Asian markets gain as China closes down for Lunar New Year

Jan. 24, 2020 12:08 AM EST

BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...

State report finds excessive Colorado hospital profits

Jan. 23, 2020 6:17 PM EST

DENVER (AP) — Colorado hospitals’ per-patient profits reached their highest levels in a decade in 2018, according to a state report released Thursday that comes amid mounting industry opposition to a public health insurance option. Hospitals earned an average per-patient profit of $1,518 in 2018,...

FILE - In this Sept. 9, 2019, file photo Southwest pilots prepare for a flight at Tampa International Airport in Tampa, Fla. Southwest Airlines Co. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Mike Stewart, File)

Grounded Boeing jet holds back profits, growth at airlines

Jan. 23, 2020 4:00 PM EST

DALLAS (AP) — The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets until after the the peak summer travel season, and that promises to lead to thousands more canceled flights and higher costs well into another year. On Thursday, American...

FILE - In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. Union Pacific Corp. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Nati Harnik, File)

Union Pacific 4Q delivery volume falls, so does its profit

Jan. 23, 2020 12:42 PM EST

OMAHA, Neb. (AP) — Union Pacific's fourth-quarter profit fell 10% as the railroad hauled 11% less freight , but the recent U.S.-China trade deal is helping boost the outlook for the year. The railroad said Thursday that it earned $1.4 billion, or $2.02 per share, in the quarter. That's down from $1.55...

FILE - This Jan. 24, 2019, file photo shows a Comcast truck in Pittsburgh. Comcast Corp. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Gene J. Puskar, File)

New internet customers boost Comcast 4th-quarter profit

Jan. 23, 2020 11:10 AM EST

Comcast continued adding internet customers in the fourth quarter, helping lift its net income 26%. The Philadelphia company, which owns NBCUniversal and European broadcaster Sky as well as a providing cable and internet service in the U.S., has been focusing on broadband as more people quit traditional cable....

FILE - In this Nov. 7, 2019, file photo an American Airlines jet approaches Philadelphia International Airport in Philadelphia. American Airlines reports financial results Thursday, Jan. 23, 2020. (AP Photo/Matt Rourke, File)

American Airlines profit rises 27% on strong travel demand

Jan. 23, 2020 8:10 AM EST

DALLAS (AP) — American Airlines' fourth-quarter profit rose 27% to $414 million on strong travel demand that resulted in record occupancy levels on its planes. However, American continues to be weighed down by the grounding of Boeing 737 Max jets. American said Thursday that it had canceled about 10,000...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)

Asian shares higher despite growing impact of China virus

Jan. 23, 2020 12:42 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...

IBM, Express rise; Netflix, Baker Hughes fall

Jan. 22, 2020 5:14 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Netflix Inc., down $12.11 at $326. The streaming video company gave investors a weak forecast for subscriber growth. IBM (IBM), up $4.72 at $143.89. The technology and consulting company's fourth-quarter profit and revenue beat...

This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Wednesday, Jan. 22, 2020. (AP Photo/Rick Bowmer)

Johnson & Johnson posts higher sales, big 4Q profit jump

Jan. 22, 2020 10:46 AM EST

Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. The world's biggest maker of health care products on Wednesday reported net income of $4.01 billion, or $1.50 per share. That's up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings...

FILE - In this Wednesday, Feb. 6, 2019 file photo the logo of Daimler is photographed on a car in Frankfurt, Germany, Wednesday, Feb. 6, 2019. The maker of Mercedes-Benz luxury cars says its earnings fell by about half last year.  (AP Photo/Michael Probst, file)

Automaker Daimler sees full-year earnings sag by half

Jan. 22, 2020 9:14 AM EST

FRANKFURT, Germany (AP) — Germany's Daimler AG, maker of Mercedes-Benz cars, saw operating earnings fall by half in 2019 as its flagship luxury brand suffered in a tougher global market, and due to more expenses tied to regulatory and legal issues with diesel cars. The Stuttgart-based company said...