Earnings reports

FILE - In this Nov. 9, 2018, file photo shoppers look at televisions at a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 14, 2019. (AP Photo/David J. Phillip, File)
November 14, 2019 - 8:27 am

Walmart’s online sales are surging heading into holidays

Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday shopping season and offer the latest evidence that Walmart is closing the gap between...
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In this July 25, 2019, photo, a staff member stands by a window of a Nissan car gallery in Tokyo. Japanese automaker Nissan has seen July-September profit tumble to half of what it earned the previous year as sales and brand power crumbled since the arrest of former Chairman Carlos Ghosn a year ago. (AP Photo/Eugene Hoshiko)
November 12, 2019 - 4:18 am

Scandal-hit Nissan's profits crash amid lower global sales

TOKYO (AP) — Japanese automaker Nissan says its July-September profit tumbled to half of what it earned the previous year as sales and brand power crumbled following the arrest of its former Chairman Carlos Ghosn. Nissan Motor Co. reported Tuesday that its fiscal second quarter profit totaled 59...
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In this July 8, 2019, photo, Honda cars wait to be exported at Yokohama port, near Tokyo. Honda recorded a 6.7% decline in July-September profit as vehicle and motorcycle sales slipped and an unfavorable exchange rate hurt earnings at the Japanese automaker, Honda Motor Co. reported Friday, Nov. 8, 2019. (AP Photo/Koji Sasahara)
November 08, 2019 - 3:40 am

Japanese automaker Honda cuts profit outlook as sales slip

TOKYO (AP) — Honda has become the latest automaker to report weaker earnings as global demand softens. The company said Friday that its profit in the July-September fell 6.7% from a year earlier to 196.5 billion yen ($1.8 billion) as vehicle and motorcycle sales slipped. An unfavorable exchange...
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FILE - In this Aug. 2, 2019, file, photo, people walk by the logo of Toyota at a show room in Tokyo. Japan's top automaker Toyota has seen a 1% rise in July-September profit as vehicle sales grew around the world, according to Toyota's report on Thursday, Nov. 7, 2019. (AP Photo/Eugene Hoshiko, File)
November 07, 2019 - 3:54 am

Toyota 2Q profit up 1% on healthy global sales

TOKYO (AP) — Japan's top automaker Toyota said Thursday its net profit edged 1% higher in July-September as vehicle sales grew around the world. Toyota Motor Corp.'s profit for the second fiscal quarter totaled 592 billion yen ($5.4 billion), up from 585 billion yen last year. Toyota, which makes...
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FILE - In this May 30, 2019, file photo, signs advertise new products available inside a CVS store with the new HealthHUB in Spring, Texas. CVS Health reports financial results Wednesday, Nov. 6. (AP Photo/David J. Phillip, File)
November 06, 2019 - 7:26 am

CVS gets a booster shot from Aetna, revenue soars

WOONSOCKET, R.I. (AP) — CVS Health revenue surged more than 36% in the third quarter, nearly a year after acquiring one of the nation's largest health insurers. The drugstore chain and pharmacy benefit manager also said Wednesday that it filled more prescriptions as net income climbed 10% to $1.53...
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ADDS TRANSLATION - SoftBank founder and Chief Executive Officer Masayoshi Son speaks during a news conference in Tokyo Wednesday, Nov. 6, 2019. Japanese technology company SoftBank Group Corp. said Wednesday, it has tumbled into losses for the second quarter over money-losing investments, including a bailout for office-space sharing startup WeWork. The letter reads: Deficit. (Kyodo News via AP)
November 06, 2019 - 4:45 am

Japan's SoftBank tumbles into losses over costly investments

TOKYO (AP) — Japanese technology company SoftBank Group Corp. tumbled into losses in the last quarter as its earnings were hammered by money-losing investments, including a bailout for office-space sharing startup WeWork that SoftBank's founder, Masayoshi Son, said he was regretting. The Tokyo-...
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November 06, 2019 - 3:47 am

New SUV models boost BMW profits despite technology costs

FRANKFURT, Germany (AP) — Automaker BMW reported Wednesday that net profit increased 11.5 percent from a year ago to 1.55 billion euros ($1.72 billion) in the third quarter, helped by a rejuvenated model line and the absence of last year's market disruptions due to troubles with diesel cars...
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FILE- In this Dec. 10, 2017, file photo Jacksonville Jaguars running back T.J. Yeldon warms up wearing Under Armour cleats before an NFL football game against the Seattle Seahawks in Jacksonville, Fla. A strong quarter from Under Armour is being overshadowed by a federal investigation into the company’s accounting practices. The athletic gear maker reported better than expected profit and revenue for the third quarter Monday, Nov. 4, 2019, but shares are down 13% before the opening bell. (AP Photo/Stephen B. Morton, File)
November 04, 2019 - 1:01 pm

Under Armour's strong numbers drowned out by investigation

BALTIMORE (AP) — A strong quarter from Under Armour was overshadowed by federal investigations into the company's accounting practices. The company also lowered its revenue expectations for the year Monday. The probe, first reported by The Wall Street Journal, is seeking information that would...
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November 04, 2019 - 7:11 am

Ferrari raises earnings forecast on strong deliveries

MILAN (AP) — Ferrari has raised its earnings forecast, citing a robust third-quarter performance including a 9% increase in deliveries. The sportscar maker said Monday that net profit was 169 million euros ($188 million). That was down from 287 million euros a year earlier, when Ferrari benefited...
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November 03, 2019 - 8:06 pm

Federal investigators probe Under Armour's accounting

NEW YORK (AP) — Under Armour Inc. is being investigated by federal authorities over its accounting practices. The athletic gear company said Sunday that it has been cooperating with the U.S. Securities and Exchange Commission and the U.S. Department of Justice on their investigations for two years...
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