Financial Performance

BMW profits drop on higher costs, spending for new tech

Aug 1, 2019

Luxury automaker BMW saw net profit fall 29% to 1.48 billion euros ($1.63 billion) in the second quarter as higher spending to develop new technologies and revamp factories weighed on the bottom line

Stocks slip on Wall Street over earnings, trade concerns

Jul 30, 2019

U.S. stocks are on track for modest losses Tuesday afternoon as a mixed batch of corporate earnings weigh on the market, nudging it farther from its recent record highs for the second straight day.

US stocks slip ahead of key Fed meeting, busy earnings week

Jul 29, 2019

Stocks are headed lower in late-afternoon trading on Wall Street, placing the market on track to give back some of its gains after reaching new highs last week

US stocks reach records following strong earnings

Jul 26, 2019

U.S. stock indexes climbed Friday following strong profit reports from Google's parent company, Twitter and other big companies. The S&P 500 was on track to close out its third winning week in the last four

Asian shares fall ahead of US-China trade talks

Jul 26, 2019

Asian shares are lower as investors continue to watch the brewing trade conflict between China and the U.S., and any signs of what's in store from central banks

Nissan to slash 12,500 jobs to cut costs, achieve turnaround

Jul 25, 2019

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 amid tumbling profits

US stocks move sideways on mixed bag of earnings

Jul 24, 2019

U.S. stocks moved sideways in early trading as a steep decline from health insurers counteracted sharp gains for technology companies. The market is reacting to a mixed bag of corporate earnings

Automaker Daimler loses $1.3 billion on diesel, air bag woes

Jul 24, 2019

Daimler AG, maker of Mercedes-Benz cars, says it lost $1.3 billion in the second quarter on one-time charges for troubles with diesel cars and air bag recalls

Stocks rise after Coke, Hasbro others report solid earnings

Jul 23, 2019

U.S. stocks moved higher in morning trading as investors rewarded several major companies for their solid earnings results

Boeing to take a $4.9 billion charge over grounded jet

Jul 18, 2019

The grounding of its 737 Max plane will cause Boeing to take a $4.9 billion charge and will cut $5.6 billion from the company's pre-tax income

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