Earnings

February 24, 2018 - 3:48 pm
OMAHA, Neb. (AP) — Berkshire Hathaway's fourth-quarter profit more than quadrupled as it received a $29 billion boost from the new tax law that easily offset any weakness in the company's businesses. Berkshire said Saturday it earned $32.6 billion, or $13.19 per Class B share, in the fourth quarter...
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February 23, 2018 - 4:11 am
LONDON (AP) — Taxpayer-owned Royal Bank of Scotland has reported its first profit in a decade but warned that its 2018 results may be hit by a pending settlement with U.S. officials. RBS, bailed out by the British government during the 2008 financial crisis, reported Friday a 752 million pound ($1...
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FILE- In this Nov. 9, 2017, file photo, Walmart employee Kenneth White scans items while conducting an exercise during a Walmart Academy class session at the store in North Bergen, N.J. Walmart reports financial results Tuesday, Feb. 20, 2018. (AP Photo/Julio Cortez, File)
February 20, 2018 - 4:40 pm
NEW YORK (AP) — Walmart is getting bruised in its battle with online leader Amazon. The world's largest retailer on Tuesday reported a smaller-than-expected fourth-quarter profit as it wrestled with slower e-commerce sales during the busiest time of the year. The results underscore the company's...
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FILE - In this Feb. 23, 2015, file photo, Prince Addy of Manassas, Va., straightens up the shelves of roofing products at the Home Depot in Falls Church, Va. Home Depot a reports financial results Tuesday, Feb. 20, 2018. (AP Photo/Susan Walsh, File)
February 20, 2018 - 8:13 am
NEW YORK (AP) — A strong home-improvement market pushed Home Depot's profit higher in the fourth quarter, topping expectations. The Atlanta company's profit rose 5.6 percent to $1.78 billion, or $1.52 per share, for the three months ended Jan. 28. Earnings, adjusted for pretax expenses, were $1.69...
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People walk past a HSBC local branch in Hong Kong Tuesday, Feb. 20, 2018. HSBC says its annual pretax profits by 11 percent on strong earnings from Asia, in the latest sign that the London-based global bank's restructuring to focus even more on the region reaps further dividends. (AP Photo/Vincent Yu)
February 20, 2018 - 1:28 am
HONG KONG (AP) — HSBC said Tuesday that profits rose on strong earnings from Asia, in the latest sign that the London-based global bank's restructuring to focus even more on the region is paying off. The bank said pretax profit, after adjusting for one-off items and currency fluctuations, increased...
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French car maker Renault CEO Carlos Ghosn presents the company 2017 full-year results in Boulogne-Billancourt, outside Paris, Friday Feb. 16, 2018. Renault says it had record profit and sales last year, boosting its shares and CEO Carlos Ghosn's bid to keep his job. (AP Photo/Michel Euler)
February 16, 2018 - 9:55 am
PARIS (AP) — French carmaker Renault said Friday it made record profits and sales last year, leading the board to give CEO Carlos Ghosn a new four-year term. Renault's board cited the company's "exceptional results" in recommending that shareholders renew Ghosn's term after his mandate expires in...
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Airbus CEO Tom Enders, right, speaks to journalists while Airbus CFO Harald Wilhelm looks on, during the Airbus Group press conference on the 2017 annual results in Toulouse, France, Thursday, Feb. 15, 2018. Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. (AP Photo/Fred Scheiber)
February 15, 2018 - 11:42 am
PARIS (AP) — Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. The company said that it surged to a net profit of 1 billion euros ($1.25 billion...
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February 15, 2018 - 2:40 am
GENEVA (AP) — Swiss food and beverage giant Nestle says it's ending its agreement with the well-heeled Bettencourt family of France over the L'Oreal cosmetics empire and is exploring options for its Gerber Life Insurance business. The announcement came as the Vevey, Switzerland-based company...
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FILE - This Jan. 18, 2017, file photo shows a CVS Pharmacy in Pittsburgh. CVS Health Corp. reports earnings, Thursday, Feb. 8, 2018. (AP Photo/Gene J. Puskar, File)
February 08, 2018 - 12:10 pm
CVS Health's fourth-quarter earnings nearly doubled, fueled by a $1.5 billion tax benefit that will help the drugstore chain expand its growing role in customer care. The company said Thursday that it will use the break it gets from the recently completed federal tax overhaul to raise starting pay...
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FILE - In this Nov. 19, 2015, file photo, Square CEO Jack Dorsey is interviewed on the floor of the New York Stock Exchange. Twitter CEO Dorsey serves as the head of payments company Square, taking advantage of the companies’ close geographical locations to split his time between the two. (AP Photo/Richard Drew, File)
February 08, 2018 - 9:11 am
NEW YORK (AP) — Twitter beat Wall Street's cautious expectations with its first quarterly profit in history, but that isn't going to solve the company's broader problems any time soon. The company isn't alone in dealing with abuse, fake accounts and attempts by Russian agents to spread...
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