Financial Performance

Asian stocks stronger on upbeat earnings, China factory data

Aug 2, 2017

Asian stock markets trade higher following Dow industrial's record-high finish as upbeat corporate earnings reports and China factory data boosted investor confidence

Apple posts strong 3Q, provides upbeat forecast

Aug 1, 2017

Apple's earnings climbed 12 percent to $8.7 billion in the company's latest quarter amid rising demand for iPhones, iPads and Mac computers

Summertime blues: July worst month of year for auto sales

Aug 1, 2017

US sales of new vehicles see biggest declines so far this year in July

Sabre cutting 900 jobs, reports 2Q loss

Aug 1, 2017

Sabre reports second-quarter loss of $6.5 million

Procter & Gamble urges shareholders to vote against Peltz

Aug 1, 2017

Procter & Gamble hit back at activist investor Nelson Peltz on Tuesday, saying in a letter Tuesday that he's not entitled to a board seat just because he wants it

Key drug sales push Pfizer profit up 50 percent

Aug 1, 2017

Rising sales of several key drugs, lower one-time charges and reduced manufacturing costs helped drugmaker Pfizer raise its profit 50 percent in the second quarter

Sprint posts rare profit, says a deal may be coming soon

Aug 1, 2017

Sprint said Tuesday that it should be able to "strike a deal" in "the near future," driving up shares of the fourth-largest U.S. wireless carrier

Italian bank Intesa SanPaolo sees Q2 profits dip

Aug 1, 2017

Italian bank Intesa SanPaolo says its second-quarter profit dipped slightly as net interest income and fees and commission were flat

Freddie Mac posts $1.7B net income in Q2; pays $2B dividend

Aug 1, 2017

Mortgage giant Freddie Mac reported net income of $1.7 billion for the second quarter, up from the same period of 2016

Car sales seen lower in July; US automakers post sharp drops

Aug 1, 2017

U.S. sales of new cars and trucks were expected to show a decline in July as consumers pulled back on purchases and waited for Labor Day deals