Financial performance

May 10, 2019 - 5:24 pm
GILLETTE, Wyo. (AP) — The nation's third-largest coal company by production volume filed for bankruptcy Friday as utility companies increasingly turn to gas-fired generation and renewable energy for electricity. Gillette-based Cloud Peak Energy filed for Chapter 11 reorganization in U.S. Bankruptcy...
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FILE - In this March 11, 2019, file photo specialist Peter Mazza, left, and trader James Riley work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, May 8. (AP Photo/Richard Drew, File)
May 08, 2019 - 4:12 pm
A modest rally faded in the last few minutes of trading on Wall Street, leaving stocks slightly lower Wednesday ahead of the latest round of trade talks between the U.S. and China. The late-afternoon reversal added to the market's losses following a steep sell-off a day earlier as investors worry...
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FILE - This June 24, 2016 file photo shows the logo of German industrial conglomerate Siemens at the new headquarters in Munich, Germany. German industrial equipment maker Siemens said Tuesday May 7, 2019, it will cut some 10,000 jobs in a major restructuring that will involve spinning off its oil, gas and power generation business and creating new areas of growth. (AP Photo/Matthias Schrader, file)
May 08, 2019 - 7:06 am
FRANKFURT, Germany (AP) — German industrial equipment maker Siemens says it will cut some 10,000 jobs in a major restructuring that will involve spinning off its oil, gas and power generation business and creating new areas of growth. News of the moves to increase profitability and address the...
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FILE - In this March 29, 2019 file photo, Los Angeles mayor Eric Garcetti speaks during and event for Lyft in Los Angeles. Lyft reports financial results on Tuesday, May 7, 2019. (AP Photo/Ringo H.W. Chiu, File)
May 07, 2019 - 3:35 pm
NEW YORK (AP) — Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut. The ride-hailing company posted revenue of $776 million during the first quarter of 2019, nearly doubling the amount it made the same time last...
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May 07, 2019 - 6:20 am
MILAN (AP) — Automaker Ferrari says its profits rose in the first quarter as demand for its luxury sports cars grew strongly, particularly in China. The Italian manufacturer, which has shares listed on the New York Stock Exchange, said Tuesday that its net profit grew to 180 million euros ($202...
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FILE-In this March 21, 2018 file photo shows the logo of German car manufacturer BMW visible at the headquarters in Munich, Germany. German automaker BMW said Tuesday that its first quarter profit sagged by 74 percent as earnings were hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories.(AP Photo/Matthias Schrader)
May 07, 2019 - 4:14 am
FRANKFURT, Germany (AP) — BMW lost money making cars in the first quarter as its automotive division was hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories. The fine and investment...
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FILE- In this March 12, 2019, file photo specialists James Denaro, left, and Mario Picone work at a post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 3. (AP Photo/Richard Drew, File)
May 03, 2019 - 2:23 pm
Stocks rose broadly on Wall Street in late-afternoon trading Friday, erasing the market's losses from a day earlier and placing the S&P 500 on track for its second straight weekly gain. Investors welcomed the government's latest snapshot of U.S. employment, which showed that job growth surged...
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May 03, 2019 - 9:46 am
MILAN (AP) — Carmaker Fiat Chrysler Automobiles on Friday reported a 47% drop in profits for the first quarter of the year due largely to changes in production, but expressed confidence that new models will help the U.S.-Italian company meet full-year profit targets. Net profits fell to 508 million...
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FILE - In this March 14, 2017 file photo Volkswagen cars are lifted inside a delivery tower of the company in Wolfsburg, Germany. German automaker Volkswagen saw operating profit slip in the first quarter 2019 as the company set aside 1 billion euros for legal issues but reaffirmed its profit goals for the year and saw better profits at its core brand. (AP Photo/Michael Sohn, file)
May 02, 2019 - 4:40 am
FRANKFURT, Germany (AP) — German automaker Volkswagen saw its profit slip in the first quarter as the company set aside 1 billion euros ($1.1 billion) for legal risks related to its 2015 diesel scandal. The company nevertheless showed that it was holding its own against the headwinds buffeting the...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health reports financial results Wednesday, May 1, 2019. (AP Photo/Rogelio V. Solis, File)
May 01, 2019 - 7:24 am
Earnings power from a major acquisition helped push profit at CVS Health up 42% in the first quarter and the company raised its 2019 forecast after it had started the year with a more pessimistic outlook. CVS now expects adjusted earnings this year to range from $6.75 to $6.90 per share. That's up...
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