Financial Performance

Stocks post first loss of the week as tech companies drop

Apr 19, 2018

Losses among technology and consumer products companies weighed on U.S. stocks, snapping a three-day winning streak for the market

P&G reports flat 3Q profit, buys Merck unit

Apr 19, 2018

P&G reports flat 3Q profit on tougher competition as it expands with Merck unit purchase

Novartis 1Q profit jumps 12 percent as heart drug sales soar

Apr 19, 2018

Swiss pharmaceuticals company Novartis says net income jumped 12 percent in the first quarter, pointing to explosive growth in its heart-failure drug Entresto and powerful double-digit percentage growth for psoriasis drug Cosentyx

American Express 1Q profits rise 31 percent, helped by taxes

Apr 18, 2018

Credit card giant American Express says it had the second-highest quarterly profit in its history last quarter, driven by strong customer spending on its namesake credit cards and a much lower tax bill

Liquidation firms win bid for The Bon-Ton Stores

Apr 18, 2018

Department store operator The Bon-Ton Stores facing liquidation after bankruptcy auction

Markets Right Now: Solid earnings help lift US stock indexes

Apr 18, 2018

Stocks are closing broadly higher on Wall Street as investors respond to some positive company earnings reports.

GM replaces Cadillac president after US sales decline

Apr 18, 2018

General Motors has replaced the head of its Cadillac luxury brand, which has struggled for years to compete against German and Japanese luxury automakers in the US

Morgan Stanley posts record 1Q profit, helped by trading

Apr 18, 2018

Investment bank Morgan Stanley posts record profit in the first quarter, helped by a lower tax bill and a boost in revenue from last quarter's volatile markets.

CSX railroad's first-quarter profit jumps to $695 million

Apr 17, 2018

CSX's first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago

US stocks add to gains as company earnings reports impress

Apr 17, 2018

U.S. stocks are solidly higher in late-afternoon trading, placing the market on course to finish with a gain for the second straight day

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