Global shares edge up on upbeat US earnings reports
TOKYO (AP) — Global stock markets were mostly higher on Tuesday after several major U.S. companies reported quarterly earnings that were better than expected.
SEOUL, South Korea (AP) — Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips.
Beyond Meat went beyond expectations in its first earnings report since its stock market debut last month.
The plant-based meat maker's shares soared after it beat Wall Street's first...
1Q Earnings Wrap: When nothing is better
NEW YORK (AP) — Behold the power of low expectations.
Nearly all the companies in the S&P 500 have said how much profit they made in the first three months of the year, and growth looks to...
NEW YORK (AP) — Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut.
Apple’s fiscal 2Q revenue, profit sag amid iPhone slump
SAN FRANCISCO (AP) — Apple's sales are still shrinking amid weakening iPhone demand, despite the company's increasing emphasis on services designed to bring in a steady flow of money from the 1.4...
Slowing digital-ad growth could force change on Google
SAN FRANCISCO (AP) — While Google has dominated the online ad market for almost the entirety of its existence, its first quarter earnings report suggests that competitors may be nipping at its...
BANGKOK (AP) — Global stock markets mostly edged lower on Friday amid weak corporate news and ahead of the release of U.S. economic growth data later in the day.
BANGKOK (AP) — Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and other industrial...
US stocks end mostly lower, weighed down by industrials
U.S. stock indexes finished mostly lower Thursday as disappointing earnings reports from several industrial sector companies weighed on the market, offsetting strong results from Facebook,...
SAN FRANCISCO (AP) — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy.
OMAHA, Neb. (AP) — Investor Warren Buffett's company plans to release its first-quarter earnings report on the day of its annual meeting on May 4 when thousands of shareholders will visit Omaha to...
Global stocks subdued as investors eye earnings, data
BEIJING (AP) — Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long...
World stocks rise on hopes for growth; focus on earnings
TOKYO (AP) — World stock markets advanced Tuesday on upbeat economic data for China and Germany and as investors keep an eye on U.S. corporate earnings reports, which have been mixed so...
Stocks notched solid gains on Wall Street Friday, erasing most of the losses the market sustained after an uneven week of trading.
The strong finish gave the S&P 500 its third straight...
NEW YORK (AP) — Levi Strauss & Co. swung to a profit and reported a nearly 7% increase in net revenue during the company's fiscal first quarter, an indication the jeans maker's investments online...
SEOUL, South Korea (AP) — Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 60% from a year earlier amid falling memory chip prices and slowing...
Caesars offers few clues on state of talks with Carl Icahn
LAS VEGAS (AP) — Caesars Entertainment Corp. gave few clues Thursday as to the status of its talks with billionaire Carl Icahn, who has taken a large stake in the casino giant and says he wants...
Markets Right Now: Earnings gains drive stocks higher
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are closing broadly higher on Wall Street as strong earnings reports from several U.S. companies put investors in a buying mood.
Estee Lauder jumped 11.6 percent and Ralph Lauren climbed 8.4 percent Tuesday. Both reported earnings that came in well ahead of what analysts were expecting.
Asian shares buoyed by US earnings, upbeat talk on China
SINGAPORE (AP) — Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world's largest economy was on track. Comments by a top Chinese official buoyed trading too, but poor Japanese data for the second straight day weighed on the Nikkei 225 index.
Asian shares buoyed by US earnings, upbeat talk on China
SINGAPORE (AP) — Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world's largest economy was on track. Poor Japanese data for the second straight day weighed on the Nikkei 225 index.
Netflix’s solid 4Q eclipsed by projected slowing US growth
SAN FRANCISCO (AP) — Netflix's video streaming service added more subscribers than ever during the crucial holiday season, but the company signaled its growth is slowing in the U.S. as it begins to roll out double-digit price increases in its biggest market.
Asian shares track Wall Street gains on robust US earnings
SINGAPORE (AP) — Asian shares were mostly higher Thursday after strong earnings reports lifted indexes on Wall Street. But a report that the U.S. was investigating China's Huawei for allegedly stealing trade secrets from American companies limited gains.
FedEx plans buyouts after weak international 2Q shipping
OMAHA, Neb. (AP) — FedEx Corp. delivered a disappointing earnings report Tuesday and said it plans to offer buyouts to some of its workers and reduce spending to make up for weak international shipping, especially in Europe.
The Memphis, Tennessee-based company said it had a fiscal second-quarter profit of $935 million, or $3.51 per share. That's up $775 million, or $2.84 per share, a year ago.
World stocks rally on strong earnings reports
SINGAPORE (AP) — Global markets were broadly higher Wednesday after major companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment.
KEEPING SCORE: In Europe, Britain's FTSE 100 rebounded 1.5 percent to 7,138. Germany's DAX rose 1.2 percent to 11,421 and France's CAC 40 rallied 2.1 percent to 5,083. Wall Street was set for early gains. Dow futures added 0.7 percent and S&P 500 futures rose 0.8 percent higher.
Asian shares climb on strong US earnings; BOJ stands pat
SINGAPORE (AP) — Asian markets were mostly higher on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment.
Warren Buffett’s firm to report earnings on Saturday morning
OMAHA, Neb. (AP) — Investor Warren Buffett's company plans to release its third-quarter earnings report on Saturday morning.
Berkshire Hathaway investors will be looking for any clues about what Buffett might invest the company's massive pile of more than $100 billion cash in.
The report may also hint at whether Buffett has been repurchasing any of Berkshire's shares in the last three months. Berkshire loosened its rules on buybacks in July.
Global stocks rise amid strong earnings reports
SINGAPORE (AP) — World stock markets were mostly higher Tuesday after strong earnings reports in the United States.
KEEPING SCORE: France's CAC 40 added 0.4 percent to 5,116, while Britain's FTSE 100 fell 0.2 percent to 7,016. Germany's DAX rose 0.6 percent to 11,687. Italy's FTSE MIB jumped 1.1 percent to 19,498.17, avoided last-minute delays in presenting a budget plan. The proposal raises the deficit to as much as 2.4 percent of GDP next year, in defiance of European Union guidance.