Financial performance

July 26, 2018 - 4:33 am
PHILADELPHIA (AP) — Comcast is reporting a stronger than expected second-quarter profit even as it struggles to keep cable TV subscribers. Earnings reported Thursday were $3.22 billion, or 69 cents per share. Earnings, adjusted for non-recurring gains, were 65 cents per share, which, according to a...
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July 26, 2018 - 4:08 am
DALLAS (AP) — Southwest Airlines overcame rising fuel prices to top profit expectations, though an inflight disaster in which a passenger was killed had an adverse effect on revenue. Second-quarter earnings were $733 million, or $1.27 per share. Removing one-time gains, per-share profit was $1.26,...
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In this Nov. 10, 2017, file photo, visitors walk around a gallery of the Nissan Motor Co. at its global headquarters in Yokohama, near Tokyo. Nissan Motor Co. says its profits plunged 14 percent in the latest quarter as U.S. and European sales fell sharply and raw material costs rose. (AP Photo/Koji Sasahara, file)
July 26, 2018 - 4:00 am
TOKYO (AP) — Nissan Motor Co.'s profits plunged 14 percent in the latest quarter as U.S. and European sales fell sharply and raw material costs rose. Net profit in the April-June period fell to 115.8 billion yen ($1.05 billion), down from 134.9 billion yen in the same quarter last year, the...
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Headquarters of Finnish telecommunication network company Nokia pictured in Espoo, Finland, Thursday July 26, 2018. Nokia announced it's second quarter 2018 financial results on Thursday. (Mikko Stig/Lehtikuva via AP)
July 26, 2018 - 3:08 am
HELSINKI (AP) — Nokia says its second-quarter earnings slumped as clients were not willing yet to increase spending on the faster but more expensive new generation of mobile networks and are seeking price cuts. The Finnish maker of telecommunications gear said Thursday that its net profit for the...
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A visitor walks by an advertisement of LG Electronics' product at an electronic shop area in Seoul, South Korea, Thursday, July 26, 2018. LG Electronics says its second-quarter net profit has dropped 43 percent as its mobile business has logged a bigger loss. (AP Photo/Lee Jin-man)
July 26, 2018 - 2:47 am
SEOUL, South Korea (AP) — LG Electronics said Thursday its second-quarter net profit dropped 43 percent as its mobile business logged a bigger loss, offsetting profit growth in TV sales. South Korean consumer electronics maker LG said that its April-June earnings were 283 billion won ($253 million...
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July 26, 2018 - 1:29 am
MADRID (AP) — Spanish energy company Repsol reports that its net income in the first half of this year was 1.55 billion euros ($1.8 billion) — a 46 percent increase on the same period last year and the highest profit posted during the period in the last decade. Repsol S.A. said in an earnings...
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July 25, 2018 - 11:56 pm
GENEVA (AP) — Nestle is citing "increased momentum" in the United States and China as the Swiss food and drinks giant reported a 19-percent jump in net profit in the first half of the year. The Vevey, Switzerland-based vendor of Hot Pockets, Coffee-mate and Purina pet care products said net profit...
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July 25, 2018 - 11:51 pm
LONDON (AP) — Royal Dutch Shell says it plans to repurchase $25 billion of its stock over the next two years after announcing that second-quarter earnings rose 30 percent as energy prices surged. Earnings excluding one-time items and fluctuations in the value of inventories — the industry's favored...
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In this Wednesday, July 25, 2018, photo, an employee leaves an office of SK Hynix Inc. in Seongnam, South Korea. South Korean chipmaker SK Hynix said on Thursday, July 26, 2018, its quarterly net profit surged 75 percent to a record high. (AP Photo/Ahn Young-joon)
July 25, 2018 - 7:31 pm
SEOUL, South Korea (AP) — South Korean chipmaker SK Hynix said Thursday its quarterly net profit surged 75 percent to a record high, as soaring global demand and tight supplies hiked memory chip prices. SK Hynix said its April-June net income was 4.3 trillion won ($3.8 billion), compared with 2.5...
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FILE - In this Thursday, Oct. 11, 2007 file photo, Fiat CEO Sergio Marchionne attends an ANFIA (National Association of cars factories) meeting in Rome. On Wednesday, July 25, 2018, holding company of Fiat founding family said Sergio Marchionne, who oversaw turnarounds of Fiat and Chrysler, has died. (AP Photo/Gregorio Borgia, File)
July 25, 2018 - 4:10 pm
MILAN (AP) — Sergio Marchionne, a charismatic and demanding CEO who engineered two long-shot corporate turnarounds to save carmakers Fiat and Chrysler from near-certain failure, died Wednesday. He was 66. The holding company of Fiat's founders, the Agnelli family, announced Marchionne had died...
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