Financial performance

February 05, 2019 - 11:58 pm
TOKYO (AP) — Toyota says its fiscal third quarter profit plunged to 180.9 billion yen ($12.6 billion), about a fifth of what the Japanese automaker earned the previous year, despite relatively solid sales. Toyota Motor Corp. said Wednesday that its October-December profit in 2017 had totaled 941.8...
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FILE - In this Thursday, May 19, 2016, file photo, Angela Ahrendts, Apple's senior vice president of Retail and Online Stores, speaks with reporters during a preview of the new Apple Union Square store in San Francisco. On Tuesday, Feb. 5, 2019, Apple announced that Ahrendts plans to depart Apple in April for new personal and professional pursuits. (AP Photo/Eric Risberg, File)
February 05, 2019 - 6:45 pm
SAN FRANCISCO (AP) — Apple's top retailing executive is stepping down amid a slowdown in iPhone sales that has raised doubts about the company's future growth prospects. The shake-up announced Tuesday ends Angela Ahrendts' five-year stint overseeing Apple's 506 retail stores and e-commerce...
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Specialist David Haubner, left, and trader Thomas McCauley work on the floor of the New York Stock Exchange, Tuesday, Feb. 5, 2019. Stocks are opening higher on Wall Street as investors welcomed some strong earnings reports from U.S. companies. (AP Photo/Richard Drew)
February 05, 2019 - 2:24 pm
Stocks marched higher in late-afternoon trading Tuesday, placing the market on track to extend its four-day winning streak. Investors welcomed strong earnings reports from a range of U.S. companies, including several luxury retailers. Ralph Lauren and Estee Lauder surged after reporting earnings...
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February 05, 2019 - 7:29 am
MILAN (AP) — Italian bank Intesa SanPaolo says its 2018 earnings increased by a modest 5 percent as it refocuses its business on asset management. The bank on Tuesday reported net income of 4 billion euros ($4.5 billion) compared with 3.8 billion euros a year earlier. Investments on financial...
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FILE - In this file photo dated Friday, Dec. 28, 2018, people pass a CD music and entertainment retailer HMV shop in London. HMV has been acquired out of administration by Canadian retailer Sunrise Records, it is announced Tuesday Feb. 5, 2019, safeguarding the future of nearly 1,500 staff, although it is understood that some unprofitable stores will close with immediate effect. (AP Photo/Frank Augstein, FILE)
February 05, 2019 - 4:41 am
LONDON (AP) — Canadian retailer Sunrise Records is pulling stricken retailer HMV out of bankruptcy in a deal that will safeguard some 1,500 jobs. However administrator KPMG says 27 stores will close immediately, resulting in a loss of 455 jobs. The move comes amid extreme pressure on physical...
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February 05, 2019 - 3:07 am
LONDON (AP) — BP says fourth-quarter earnings jumped 65 percent as the London-based energy company benefited from higher oil prices and increased production. The company said Tuesday that underlying replacement cost profit, the industry's preferred gauge of earnings, rose to $3.48 billion from $2...
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FILE- In this Dec. 17, 2018, file photo a man using a mobile phone walks past Google offices in New York. Alphabet Inc., parent company of Google, reports financial results on Monday, Feb. 4, 2019. (AP Photo/Mark Lennihan, File)
February 04, 2019 - 7:12 pm
SAN FRANCISCO (AP) — Google parent company Alphabet beat Wall Street expectations for its fourth quarter earnings Monday, although its stock slid in after-hours trading over investor concerns about increased spending. Alphabet swung to a profit of $8.9 billion, up from a $3 billion loss in the same...
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FILE - This July 17, 2018, file photo, shows the corporate headquarters of Papa John's pizza located on their campus, in Louisville, Ky. Starboard is investing $200 million into Papa John’s and has named its CEO as chairman of the pizza chain. Starboard Value LP said Monday, Feb. 4, 2019, that CEO Jeffrey Smith will serve as chairman of Papa John’s.. (AP Photo/Timothy D. Easley, File)
February 04, 2019 - 1:03 pm
LOUISVILLE, Ky. (AP) — Struggling pizza company Papa John's has turned to activist investment firm Starboard Value to help it engineer a turnaround. Starboard CEO Jeff Smith will become chairman of Papa John's board. Also named to the board are Anthony Sanfilippo, the former chairman and CEO of...
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FILE - In this Jan. 11, 2016, file photo, the logo of Honda Motor Co. is seen on a showroom screen at the Japanese automaker's headquarters in Tokyo. The Japanese automaker reported a 71 percent decline in fiscal third-quarter profit as air-bag recalls and flat vehicle sales eroded the benefits of cost cuts. (AP Photo/Shuji Kajiyama, File)
February 01, 2019 - 9:18 pm
TOKYO (AP) — Japanese automaker Honda Motor Co.'s fiscal third-quarter profit fell 71 percent from a year earlier as growing incentives, an unfavorable exchange rate and flat vehicle sales offset gains from cost cuts, the company said. Tokyo-based Honda's October-December profit totaled 168 billion...
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A man walks past a Pacific Gas & Electric Co. entrance in Daly City, Calif., Friday, Feb. 1, 2019. Pacific Gas & Electric Co. spent nearly $10 million on California lobbying efforts in the year before the utility giant declared bankruptcy, spending more than any other entity seeking to influence California government in 2018. The majority of that money, more than $5 million, was spent lobbying on proposals around wildfire safety and response, including a discussion on whether to reduce the strict liability utilities face when their equipment sparks wildfires. (AP Photo/Jeff Chiu)
February 01, 2019 - 5:47 pm
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric Corp. spent nearly $10 million on California lobbying efforts in the year before the utility giant declared bankruptcy, spending more than any other entity seeking to influence California government in 2018. The majority of that money — more than...
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