Financial Performance
Pfizer 2Q profit surges, company sees drug rebates ending
Jul 31, 2018
Pfizer: Trump administration will try to eliminate drug price rebates to middlemen, helping patients, drugmakers
Ferragamo reports profit drop, names ex-Gucci exec as CEO
Jul 31, 2018
The Salvatore Ferragamo fashion house has named a former Gucci executive as CEO to relaunch the brand after reporting a 23 percent drop in first-half profits
BMW to build car plant in Hungary for 150,000 units a year
Jul 31, 2018
German automaker BMW says it will build a plant in eastern Hungary to manufacture up to 150,000 conventional and electric cars a year on a single production line
Nintendo reports jump in earnings thanks to Switch
Jul 31, 2018
Nintendo Co. says its quarterly profit jumped 44 percent in the fiscal first quarter thanks to increased sales of Nintendo Switch game titles
PlayStation game sales drive sharp rise in Sony profits
Jul 31, 2018
Sony Corp. says its profits nearly tripled in the latest quarter, boosted by a jump in PlayStation 4 software sales
Credit Suisse warns of impact of trade war, higher rates
Jul 31, 2018
Swiss bank Credit Suisse is warning that trade tensions and rising interest rates "are likely to trigger periods of heightened uncertainty through the remainder of 2018."
Honda profits jump on strong car and motorcycle sales
Jul 31, 2018
Honda Motor Co. says its profits jumped 17.8 percent in the latest quarter, driven by strong auto sales in North America and motorcycle sales in Asia
BP gets Q2 boost from higher oil prices; earnings quadruple
Jul 31, 2018
Energy giant BP says it is increasing its dividend for the first time in almost four years after second-quarter earnings quadrupled on higher oil prices and streamlined production
Samsung Electronics misses forecast on lower phone sales
Jul 31, 2018
Samsung Electronics Co. reports a lower-than-expected gain in the second-quarter earnings, indicating an end to its streak of record-breaking financial results as sales of smartphones and display panels slowed while memory chip profit stabilized
Caterpillar has a big second quarter, raises outlook again
Jul 30, 2018
Caterpillar easily beats 2nd-quarter expectations and raises its outlook for the year
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