Financial performance

A Wells Fargo office is shown, Wednesday, Jan. 13, 2021 in New York. Wells Fargo & Co. says its profit rose 4% to $2.99 billion in the fourth quarter of 2020. The bank, based in San Francisco, said Friday that it had earnings of 64 cents per share, compared with earnings of 60 cents a year earlier. (AP Photo/Mark Lennihan)
January 15, 2021 - 11:28 am
SILVER SPRING, Md. (AP) — Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak. The bank, based in San Francisco, said Friday that its earnings rose to $3 billion, or 64 cents per share, compared with earnings of $2.87...
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A Citibank office is open, Wednesday, Jan. 13, 2021 in New York. Citigroup Inc. says earnings for the fourth quarter of 2020 fell 7% to $4.63 billion. The New York-based bank said it had earnings of $2.08 per share, down from $2.15 per share a year earlier. (AP Photo/Mark Lennihan)
January 15, 2021 - 10:02 am
CHARLOTTE, N.C. (AP) — Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank saw improvement from the darkest days of the pandemic shutdowns. The New York-based bank said it earned a profit of $4.63 billion, down from a profit of...
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A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla. Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season. The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time since the spring.(AP Photo/John Raoux)
January 15, 2021 - 8:45 am
NEW YORK (AP) — Retail sales fell for a third straight month as a surge in virus cases kept people away from stores during the holiday shopping season. The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time...
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January 07, 2021 - 8:30 am
Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler AmerisourceBergen. The drugstore chain also saw COVID-19 continue to eat away at its business, particularly in the United Kingdom, but the company’s overall...
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January 02, 2021 - 10:25 am
NEW YORK (AP) — Tesla's annual sales rose 36%, but the electric car company came short of its annual goal to deliver 500,000 vehicles. The company said Saturday that it delivered 499,500 for the year, including 180,570 SUVs and sedans for the October through December period. CEO Elon Musk set a...
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Ray Bellia holds up personal protective masks and gloves, used by medical and law enforcement professionals, in the warehouse of his Body Armor Outlet store, Wednesday, Dec. 9, 2020, in Salem, N.H. Bellia's store rapidly evolved into one of the nation's 20 largest suppliers of personal protective equipment to states this past spring, according to a nationwide analysis of state purchasing data by The Associated Press. (AP Photo/Charles Krupa)
December 19, 2020 - 11:01 am
Ray Bellia had a good business before the coronavirus pandemic. He topped $4 million in annual sales from his New Hampshire store that specialized in protective gear for police. Then he got a call from a buyer with the state of Massachusetts asking if he had anything that could protect people from...
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FILE - In this June 25, 2019, file photo, a FedEx delivery truck is loaded by an employee on the street in downtown Cincinnati. FedEx is off to a fast start during the holiday-shipping season. The company said Thursday, Dec. 17, 2020, that its quarterly profit more than doubled to $1.23 billion. Revenue is up 19%, led by growth in its ground business that handles packages. (AP Photo/John Minchillo, File)
December 17, 2020 - 7:23 pm
FedEx Corp. more than doubled its profit in the latest quarter, as holiday packages were being stuffed into delivery trucks alongside everyday goods that people buy online to avoid visiting stores during the pandemic. The delivery giant said Thursday it earned $1.23 billion in its fiscal second...
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A parking lot nearly empty of the cars of holiday shoppers is shown at the Mall of New Hampshire, Thursday, Dec. 10, 2020, in Manchester, N.H. Retail sales fell 1.1% in November, the biggest drop in seven months, a sign that Americans held back on spending during the start of the holiday shopping season. The U.S. Commerce Department also revised October’s number, saying on Wednesday that retail sales actually fell 0.1% that month, instead of rising 0.3% as it previously reported. (AP Photo/Charles Krupa)
December 16, 2020 - 10:53 am
NEW YORK (AP) — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy. U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S. Commerce Department. It was the biggest drop in...
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December 15, 2020 - 5:45 am
STOCKHOLM (AP) — Swedish fashion retailer H&M says its sales fell 10% in the fourth quarter as the second wave of the COVID-19 pandemic stalled consumer spending, cutting short a promising recovery seen in the third quarter. The Stockholm-based company said Tuesday ahead of reporting full...
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A man entering the national library in The Hague, Netherlands, Tuesday, Dec. 1, 2020, passes a sign informing visitors to wear mandatory face masks. Wearing face masks in publicly accessible indoor venues such as libraries, museums became obligatory in the Netherlands on Dec. 1, 2020, when a new temporary law underpinning existing government coronavirus restrictions came into force. (AP Photo/Peter Dejong)
December 09, 2020 - 5:45 am
THE HAGUE, Netherlands (AP) — The Dutch government on Wednesday beefed up its financial support by 3.7 billion euros ($4.5 billion) for businesses slammed by the country’s partial lockdown measures. The latest lifeline comes on top of 33.7 billion euros in support the government earlier pledged to...
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