Financial performance

In this July 10, 2019, photo customers visit at a Starbucks in Minneapolis. Starbucks Corp. reports financial earnings on Thursday, July 25, 2019. (AP Photo/Jim Mone)
July 25, 2019 - 2:57 pm
SEATTLE (AP) — Starbucks Corp. served up an extra frothy third quarter, zooming past Wall Street's forecasts thanks to new drinks and growing loyalty. Based on the strong results, the Seattle-based coffee giant raised its full-year earnings guidance. It now expects adjusted earnings of $2.80 to $2...
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This Wednesday, July 17, 2019 photo shows American Airlines planes at Phoenix Sky Harbor International Airport in Phoenix. American Airlines, Inc. reports earnings Thursday, July 25. (AP Photo/Ross D. Franklin)
July 25, 2019 - 12:59 pm
DALLAS (AP) — Airlines are tallying up the damage and talking to Boeing about compensation for the grounding of the troubled 737 Max jet. On Thursday, two of the three large U.S. airlines that own Max jets updated their estimates of how the plane is hurting their bottom lines. American Airlines...
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FILE - In this Friday, July 19 2019, file photo trader Timothy Nick, left, and specialist Anthony Matesic work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 25. (AP Photo/Richard Drew, File)
July 25, 2019 - 7:27 am
NEW YORK (AP) — U.S. stocks moved broadly lower in early trading on Wall Street Thursday after weak earnings from several large companies pulled down the technology sector. The early slump marks a turnaround from Wednesday, when a series of solid earnings reports helped push major indexes to record...
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A pedestrian walks past a Nissan car gallery Thursday, July 25, 2019, in Tokyo. Nissan says it will slash 12,500 jobs, about 9% of its global workforce, to cut costs, achieve turnaround toward growth. (AP Photo/Eugene Hoshiko)
July 25, 2019 - 12:32 am
TOKYO (AP) — Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround, as its profits tumble. Nissan Motor Co. reported the job cuts Thursday with its fiscal first quarter earnings statement. Company officials did not immediately...
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July 25, 2019 - 12:15 am
FRANKFURT, Germany (AP) — Volkswagen says after-tax profit rose by 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles took a bigger role in the sales mix. Net profits rose to 4.11 billion euros ($4.58 billion) from 3.31...
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FILE - In this Friday, July 19 2019, file photo Trader Fred Reimer works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 24. (AP Photo/Richard Drew, File)
July 24, 2019 - 11:16 am
NEW YORK (AP) — U.S. stocks moved higher in afternoon trading on Wall Street Wednesday as investors rewarded solid earnings results from several large companies. The broad S&P 500 got off to a weak start but gained steam throughout the afternoon. The tech-heavy Nasdaq composite and Russell 2000...
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FILE - This Nov. 15, 2018, aerial file photo shows the remains of residences leveled by the Camp wildfire in Paradise, Calif. A group of insurance companies are offering a plan to take over Pacific Gas & Electric, the latest to offer competing proposals to pay the utility's wildfire liabilities and pull it out of bankruptcy. In court filings Tuesday, July 23, 2019, the insurers said PG&E Corp. owes them more than $20 billion in claims paid to victims of recent California wildfires caused by PG&E equipment and offered a "viable path" to emerge from bankruptcy. (AP Photo/Noah Berger, File)
July 24, 2019 - 10:33 am
SAN FRANCISCO (AP) — Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The insurers filed court documents Tuesday to end PG&E's exclusive right to file a...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways, top, lands following a test flight, Wednesday, April 10, 2019, at Boeing Field in Seattle. Boeing Co. reports earning on Wednesday, July 24, 2019. (AP Photo/Ted S. Warren, File)
July 24, 2019 - 6:09 am
DALLAS (AP) — Boeing reported a second quarter loss of nearly $3 billion as it absorbed the financial damage caused by the grounding of its 737 Max airliner after two deadly crashes. The giant aircraft maker said Wednesday that revenue plunged 35% from a year earlier, as it was unable to deliver...
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FILE - In this Wednesday, May 22, 2019 file photo, Daimler CEO Dieter Zetsche poses prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany. Automaker Daimler releases second-quarter earnings on Wednesday, July 24. (AP Photo/Michael Sohn, file)
July 23, 2019 - 10:58 pm
FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company saw 4.2 billion euros in one-time charges for troubles with diesel cars and air bag recalls. The quarterly loss reported Wednesday was the company's...
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FILE - In this Monday, July, 8, 2019 file photo, a Deutsche Bank sign is seen on the outside of their building in London. Deutsche Bank releases second-quarter earnings on Wednesday, July 24. (AP Photo/Natasha Livingstone, file)
July 23, 2019 - 10:24 pm
FRANKFURT, Germany (AP) — Deutsche Bank says it lost 3.1 billion euros ($3.45 billion) in the second quarter as the bank booked heavy charges for its sweeping restructuring that will drop 18,000 jobs. The bank said in a news release Wednesday that without the charges it would have made net profit...
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