Financial performance

July 18, 2018 - 7:28 am
NEW YORK (AP) — Morgan Stanley says second-quarter net income totaled $2.44 billion. The New York-based company said Wednesday it had earnings of $1.30 per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for...
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July 18, 2018 - 3:16 am
GENEVA (AP) — Novartis says net profit rose 3 percent in the second quarter amid strong growth for some of its top products, as the Swiss pharmaceuticals giant moves to spin off its Alcon eye-care business. New CEO Vas Narasimhan touted Novartis' plans to create a "focused medicines company,"...
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FILE - In this Feb. 8, 2018 file photo, the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange. Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights the company’s newly aggressive stance against malicious or suspicious accounts in the wake of Russian disinformation efforts during the 2016 U.S. presidential campaign. (AP Photo/Richard Drew, File)
July 17, 2018 - 10:44 pm
NEW YORK (AP) — Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights the company's newly aggressive stance against malicious or suspicious accounts in the wake of Russian disinformation...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports earnings Tuesday, July 17, 2018. (AP Photo/Jim Mone, File)
July 17, 2018 - 7:12 am
UnitedHealth Group's second quarter earnings beat Wall Street expectations, helped by a surge in government-funded coverage, and the nation's largest health insurer hiked its 2018 forecast again. UnitedHealth now expects adjusted earnings to range between $12.50 and $12.75 per share. That's up from...
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FILE - This Oct. 10, 2008, file photo illustration shows Johnson & Johnson products, in Philadelphia. Johnson & Johnson reports earnings Tuesday, July 17, 2018. (AP Photo/Matt Rourke, File)
July 17, 2018 - 6:52 am
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is reporting second-quarter earnings of $3.95 billion. The New Brunswick, New Jersey, company said Tuesday that its profit was $1.45 per share. Earnings, adjusted for one-time gains and costs, were $2.10 per share, or 4 cents better than Wall Street...
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FILE- This July 17, 2017, file photo shows a Netflix logo on an iPhone in Philadelphia. Netflix, Inc. reports earnings Monday, July 16, 2018. (AP Photo/Matt Rourke, File)
July 16, 2018 - 4:58 pm
SAN FRANCISCO (AP) — Netflix has added far fewer subscribers than management had projected, renewing fears that its growth may sputter as it tries to fend off fiercer competition. The company gained 5.1 million subscribers worldwide during the April-June period, more than 1 million customers below...
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FILE- In this June 20, 2018 photo, a member of a construction team works on the site of Gables Station, a mixed use project featuring apartments, retail, a hotel and cafes, in Coral Gables, Fla. Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. Goods producers — a category that includes manufacturers, farmers and construction — are most optimistic, with 94 percent saying they expect sales to rise over the next three months. (AP Photo/Lynne Sladky, File)
July 16, 2018 - 10:57 am
DETROIT (AP) — Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. But a majority of the economists surveyed by the National Association for Business Economics say the corporate tax cuts that the Trump administration pushed...
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In this July 3, 2018, photo, a shopper carries bags in San Francisco. On Monday, July 16, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Marcio Jose Sanchez)
July 16, 2018 - 8:56 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the...
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FILE - In this Thursday, May 24, 2018 file photo, the towers of the Deutsche Bank are seen on the day of the annual meeting of the bank in Frankfurt, Germany. Germany’s biggest bank, Deutsche Bank, said Monday, July 16, 2018 that its earnings will be considerably higher than expected in the second quarter, a fact that it said underlines the “resilience” of the company after a period of trouble. (AP Photo/Michael Probst, File)
July 16, 2018 - 8:14 am
BERLIN (AP) — Germany's biggest bank, Deutsche Bank, said Monday that its earnings will be considerably higher than expected in the second quarter, a fact that it said underlines the "resilience" of the company after a period of trouble. The Frankfurt-based bank said it expects net profit of about...
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FILE- In this May 17, 2018, file photo, the logo for Wells Fargo appears above a trading post on the floor of the New York Stock Exchange. Wells Fargo reports earnings Friday, July 13, 2018. (AP Photo/Richard Drew, File)
July 13, 2018 - 11:38 am
NEW YORK (AP) — Wells Fargo & Co., which has been mired in investigations related to its business practices, said Friday that its second-quarter earnings fell to $5.19 billion from $5.86 billion a year ago. The bank also revised its first-quarter earnings downward after agreeing in April to pay...
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