Financial performance

FILE - In this Nov. 26, 2018, file photo, a Pacific Gas & Electric lineman works to repair a power line in fire-ravaged Paradise, Calif. California Gov. Gavin Newsom is willing to throw the state's major utilities a financial lifeline in the face of expensive wildfires -- but only if they agree to concessions including tying executive compensation to safety performance. A proposal unveiled Friday, June 21, 2019, by Newsom's office aims to stabilize California's investor-owned utilities and protect wildfire victims as the state faces increasingly destructive blazes, often caused by utility equipment. Pacific Gas & Electric Corp., the largest of the state's three investor-owned utilities, filed for bankruptcy in January as it stared down tens of billions of dollars in potential costs fires it started, including the fire last November that killed 85 people. (AP Photo/Rich Pedroncelli, File)
June 21, 2019 - 6:19 pm
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom is willing to throw a financial lifeline to the state's major utilities dealing with the results of disastrous wildfires -- but only if they agree to concessions including tying executive compensation to safety performance. A proposal unveiled...
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FILE - This May 2, 2016, file photo, shows the Adonia cruise ship arriving in Havana, Cuba, from Miami. Cruise ship operator Carnival is citing the U.S. ban on cruises to Cuba among factors that will cause its full-year earnings to fall short of expectations. The Miami company's second quarter profit fell 20%, although the results were better than Wall Street expected. (AP Photo/Desmond Boylan, File)
June 20, 2019 - 4:59 pm
MIAMI (AP) — Shares of cruise line operator Carnival Corp. fell Thursday after the company reported a 20% drop in quarterly profit and cut its full-year earnings forecast partly because of the Trump administration's decision to ban cruises between the U.S. and Cuba. Carnival earned $451 million in...
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FILE - This April 12, 2018 file photo shows the Odebrecht headquarters in Sao Paulo, Brazil. The Brazilian construction giant filed for bankruptcy protection to restructure $13 billion in debt on Monday, June 17, 2019, worn down after spending five years at the center of one of the world’s largest corruption investigations. (AP Photo/Andre Penner, File)
June 17, 2019 - 7:31 pm
RIO DE JANEIRO (AP) — Brazilian construction giant Odebrecht filed for bankruptcy protection Monday to restructure $13 billion in debt, worn down after spending five years at the center of one of the world's largest corruption investigations. Odebrecht said in a statement that it and its...
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FILE- In this May 19, 2019, file photo, a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/David Zalubowski, File)
June 14, 2019 - 7:58 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...
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June 11, 2019 - 6:15 am
CHAPIN, S.C. (AP) — A South Carolina gun and sporting goods distributor is filing for bankruptcy amid allegations of mishandled funds borrowed by its majority owner. News outlets report Ellett Brothers has its first hearing in bankruptcy court on Tuesday. Lending company Prospect Capital...
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FILE - In this May 2, 2019, file photo Ethan Brown, center, CEO of Beyond Meat, attends the Opening Bell ceremony with guests to celebrate the company's IPO at Nasdaq in New York. Plant-based meat maker Beyond Meat beat Wall Street’s expectations in its first earnings report since its IPO last month. The El Segundo, California-based company lost $6.6 million, or 95 cents per share, in the first quarter, up slightly from a 98-cent loss in the same period a year ago. (AP Photo/Mark Lennihan, File)
June 06, 2019 - 3:43 pm
Beyond Meat's shares soared after the plant-based meat company beat Wall Street's expectations in its first earnings report since its IPO in May. The El Segundo, California-based company lost $6.6 million, or 95 cents per share, in the first quarter, up slightly from a 98-cent loss in the same...
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FILE - In this May 29, 2019, file photo specialists James Denaro, left, and Mario Picone work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, June 5. (AP Photo/Richard Drew, File)
June 05, 2019 - 1:03 pm
Stocks moved broadly higher on Wall Street in afternoon trading Wednesday, on track to extend the market's strong gains from the previous day. A steep drop in crude oil prices tempered the gains, sending energy stocks lower. Benchmark U.S. crude plunged 3% to $51.90 a barrel following a report...
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FILE - In this Dec. 5, 2011, file photo, bottles of Jack Daniel's Tennessee Whiskey line the shelves of a liquor outlet in Montpelier, Vt. The company that makes Jack Daniels took a hit from the Trump administration’s tariff fight, estimating that the standoff dragged sales growth down by a percentage point for the entire year. Brown-Forman Corp. (BF.A) on Wednesday, June 5, 2019, reported fiscal fourth-quarter net income of $159 million. (AP Photo/Toby Talbot, File)
June 05, 2019 - 11:51 am
LOUISVILLE, Ky. (AP) — Led by strong sales for its whiskey and tequila brands, Brown-Forman Corp. reported higher fourth-quarter net income Wednesday despite taking a hit from the Trump administration's tariff fight. The Louisville, Kentucky-based company — best known for its Jack Daniel's...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, May 30, 2019. (AP Photo/John Raoux, File)
May 30, 2019 - 4:30 pm
SAN FRANCISCO (AP) — Gap Inc. reported fiscal first-quarter results on Thursday that fell well short of analysts' expectations, sending the company's stock tumbling more than 10% in after-market trading. The downbeat performance comes three months after the retailer said it was creating two...
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Traders Patrick Casey, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Thursday, May 30, 2019. Stocks are edging higher in early trading on Wall Street following two days of losses. (AP Photo/Richard Drew)
May 30, 2019 - 3:55 pm
Major U.S. stock indexes capped a day of listless trading with modest gains Thursday, snapping the market's two-day losing streak. A late flurry of buying helped lift the indexes, which had spent much of the day moving sideways after an early rally lost momentum. Even so, the market remained on...
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