Financial performance

FILE - In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney says its net income fell 39% in the latest quarter. Net income for the fiscal third quarter, which ended June 29, 2019, fell to $1.76 billion, from $2.92 billion last year. (AP Photo/Richard Drew, File)
August 06, 2019 - 6:59 pm
NEW YORK (AP) — Disney is feeling some pain from its biggest transformation in decades as its acquisition of Fox's entertainment businesses contributed to a 39% drop in earnings. CEO Bob Iger said one of the biggest issues affecting earnings was underperformance at the Fox movie and TV studio...
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FILE - In this July 16, 2019, file photo a pedestrian reflect in a store window at Barneys department store in New York. has filed for Chapter 11 bankruptcy protection, becoming the latest retailer unable to withstand the consumer shift to online shopping and high rents. Barneys said it’ll use the bankruptcy process to review store leases to best optimize its operations. The company also announced Tuesday, Aug. 6, that it has secured $75 million in new capital to facilitate a going concern sale process. (AP Photo/Bebeto Matthews, File)
August 06, 2019 - 6:59 am
NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real estate costs soar. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but its secured $75...
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August 05, 2019 - 7:53 am
LONDON (AP) — Harland and Wolff, the Belfast shipyard that built the Titanic, is facing administration. The shipyard is facing bankruptcy after its Norwegian parent company Dolphin Drilling failed to find a buyer. The shipyard was famed for constructing the doomed Titanic, which sank on its maiden...
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August 03, 2019 - 10:54 am
NEW YORK (AP) — Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett, says its second-quarter profit rose 17% as its gains from its investments rose. Berkshire owns several companies, including battery maker Duracell and underwear seller Fruit of the Loom. It also has major...
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FILE - In this July 19, 2019, file photo specialist Michael Pistillo, right, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 2. (AP Photo/Richard Drew, File)
August 02, 2019 - 2:42 pm
Investors rattled by President Donald Trump's latest escalation in his trade war with China drove another round of selling on Wall Street Friday. The latest losses, which eased somewhat in the final hour of trading, had the market on track to close out its worst week of the year just seven days...
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Ferrari driver Charles Leclerc of Monaco steers his car during the first practice session of the Hungarian Formula One Grand Prix at the Hungaroring racetrack in Mogyorod, northeast of Budapest, Hungary, Friday, Aug. 2, 2019. The Hungarian Formula One Grand Prix takes place on Sunday. (AP Photo/Laszlo Balogh)
August 02, 2019 - 11:00 am
MILAN (AP) — Ferrari CEO Louis Camilleri confirmed Friday that the luxury performance carmaker will unveil three new models this year as part of its business plan targeting revenues of around 5 billion euros ($5.6 billion) by 2022. Camilleri declined to give any hints about the new models — two of...
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In this July 31, 2019, photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 2:31 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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August 02, 2019 - 12:09 am
TOKYO (AP) — Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp. reported Friday its April-June profit totaled 682.9 billion...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 10:41 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 9:23 am
NEW YORK (AP) — Stocks moved higher in early trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday's widely anticipated quarter-point cut to the Federal...
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