Financial performance

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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FILE - In this Thursday, July 18, 2019, file photo trader Dennis Maguire works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 23. (AP Photo/Richard Drew, File)
July 23, 2019 - 7:26 am
NEW YORK (AP) — U.S. stocks moved higher in early trading Tuesday on Wall Street as several major companies reported solid second quarter earnings. Corporate earnings are now in full swing after last week's relatively light load of mixed results. Nearly 150 companies in the S&P 500 will report...
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Trader Fred Reimer works on the floor of the New York Stock Exchange, Friday, July 19, 2019. U.S. stocks moved broadly higher in early trading on Wall Street Friday and chipped away at the week's losses. (AP Photo/Richard Drew)
July 19, 2019 - 11:06 am
NEW YORK (AP) — U.S. stocks gave up early gains and moved sideways in afternoon trading on Wall Street Friday. Markets have been volatile throughout the week as investors assess the latest mixed set of corporate earnings reports. The S&P 500 closed at a record high on Monday and then wobbled...
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July 19, 2019 - 5:44 am
NEW YORK (AP) — American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards. The New York company said it earned a profit of $1.76 billion, or $2.07 a share. That's up from...
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