Earnings reports

FILE - In this May 10, 2019, file photo John Deere Agricultural machinery made by Deere & Company sits staged for transport near cranes at the Port of Tacoma in Tacoma, Wash. Deere’s fiscal second-quarter earnings were a mixed bag and the agricultural equipment maker lowered its full-year outlook as the trade war between the U.S. and China intensifies and conditions in the agricultural sector soften. (AP Photo/Ted S. Warren, File)
May 17, 2019 - 1:07 pm

Trade war, heavy rains weigh on Deere & Co.

Deere cut its profit and sales expectations for the year as a trade war between the U.S. and China escalates and farmers try to recover from a planting season besieged by heavy rains. Prices of soybeans targeted by Chinese tariffs last year fell to a 10-year low this week as the countries traded...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports earnings on Thursday, May 16. (AP Photo/Mark Lennihan, File)
May 16, 2019 - 12:28 pm

Walmart warns that higher tariffs will mean higher prices

NEW YORK (AP) — Walmart warned on Thursday that higher tariffs on imports from China will mean higher prices. The comments came after the nation's largest retailer reported its best sale performance at its established U.S. namesake stores for the fiscal first quarter in nine years. It marked 19...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 12:26 pm

Macy's customers could start to feel impact of trade war

NEW YORK (AP) — Macy's customers may finally start to feel the impact of President Donald Trump's trade war with China. Like many department stores and general merchandise retailers, Macy's had been left largely unscathed by the first several rounds of tariffs since they focused more on industrial...
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Nissan Motor Co. Chief Executive Hiroto Saikawa speaks during a press conference at its Global Headquarters in Yokohama, near Tokyo Tuesday, May 14, 2019. Japanese automaker Nissan, reeling from the arrest of its former Chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.(AP Photo/Koji Sasahara)
May 14, 2019 - 8:10 am

Hit with arrest of ex-chair Ghosn, Nissan profit nose-dives

TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward. Nissan Motor Co.'s profit for the fiscal year...
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May 08, 2019 - 6:00 am

Siemens to cut 10,000 jobs in major overhaul

FRANKFURT, Germany (AP) — German industrial equipment maker Siemens says it will cut some 10,000 jobs in a major restructuring that will involve spinning off its oil, gas and power generation business and creating new areas of growth. News of the moves to increase profitability and address the...
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May 08, 2019 - 1:14 am

Toyota sees slight quarterly profit fall, projects recovery

TOKYO (AP) — Japan's top automaker Toyota is reporting a 4% dip in profit for January-March after vehicle sales fell in North America. Toyota Motor Corp. said Wednesday its quarterly profit was 459.5 billion yen, or $4.2 billion, down from 480.8 billion yen in the same period the previous year. The...
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FILE-In this March 21, 2018 file photo shows the logo of German car manufacturer BMW visible at the headquarters in Munich, Germany. German automaker BMW said Tuesday that its first quarter profit sagged by 74 percent as earnings were hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories.(AP Photo/Matthias Schrader)
May 07, 2019 - 4:47 am

BMW profit hit by anti-trust case, spending on technology

FRANKFURT, Germany (AP) — BMW lost money making cars in the first quarter as its automotive division was hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories. The fine and investment...
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FILE- In this March 12, 2019, file photo specialists James Denaro, left, and Mario Picone work at a post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 3. (AP Photo/Richard Drew, File)
May 03, 2019 - 3:23 pm

Solid jobs report, earnings push stocks broadly higher

Stocks rose broadly on Wall Street in late-afternoon trading Friday, erasing the market's losses from a day earlier and placing the S&P 500 on track for its second straight weekly gain. Investors welcomed the government's latest snapshot of U.S. employment, which showed that job growth surged...
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May 03, 2019 - 7:28 am

Fiat Chrysler first quarter profits drop by nearly half

MILAN (AP) — Carmaker Fiat Chrysler Automobiles has reported a 47% drop in profits for the first quarter of 2019 due to production shifts. The company said Friday that its profit of 508 million euros ($566.5 million) was down from 951 million euros in the same quarter a year earlier, while net...
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FILE - In this March 18, 2019, file photo trader Craig Esposito, left, works with specialists Peter Mazza, center, and Vera Liu on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 2. (AP Photo/Richard Drew, File)
May 02, 2019 - 5:13 pm

Energy, tech companies help pull US stocks broadly lower

Energy stocks led a broad slide on Wall Street Thursday as oil and gas prices fell, handing the market its second straight loss. Losses in technology and communications stocks also helped power the sell-off, offsetting gains in health care and real estate companies. Banks also rose, getting a boost...
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