Financial Performance

Snap 2Q results beat estimates but user base declines

Aug 7, 2018

Snapchat's daily user base declined for the first time in the second quarter, but shares of its parent company, Snap, jumped in extended trading after it reported stronger-than-expected earnings

The Latest: Disney says streaming service not Netflix rival

Aug 7, 2018

Disney says its upcoming streaming service won't try to compete directly with Netflix and Amazon, but will focus instead on quality _ namely original programs from Disney's "Star Wars," Pixar and Marvel brands.

Small businesses find tight job market makes it hard to hire

Aug 7, 2018

Smaller US companies slow hiring as larger employers enjoy edge in competition for workers

Unicredit 2Q higher as bank continues reforms

Aug 7, 2018

UniCredit says its second-quarter profits grew by 8 percent as the Italian bank pushes reforms aimed at raising capital and cutting costs

Global stocks mostly higher amid strong earnings, growth

Aug 6, 2018

Global stock markets are mostly higher as investors focused on strong economic data out of the United States and the mostly upbeat corporate earnings reports.

SoftBank's earnings surge 50-fold on investment fund gains

Aug 6, 2018

Japanese technology company Softbank says its profits grew to 313.7 billion yen in the latest quarter as it saw gains in its main investment fund

HSBC 1st half pre-tax profit up 4.6 pct on strong growth

Aug 6, 2018

Global bank HSBC pre-tax profit up 4.6 percent in 1H as growth strategy pays off

Buffett's Berkshire Hathaway reports a $12B 2Q profit

Aug 4, 2018

Berkshire Hathaway Inc. is reporting a $12 billion second-quarter profit

US stocks rise as companies that pay big dividends surge

Aug 3, 2018

US stocks rise after the Labor Department said employers continued to add jobs at a solid pace in July

Kraft 2Q profit slides on weak sales at home

Aug 3, 2018

Kraft reports 2Q profit drop on weak North America sales, higher costs

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

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