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Earnings reports

FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
February 15, 2019 - 1:32 pm

Stocks rise in afternoon trading amid trade talk optimism

Plans by the U.S. and China to extend key trade talks drove stocks broadly higher in afternoon trading Friday, lifting the Dow Jones Industrial Average more than 300 points. The gains mark a turnaround after the market ended modestly lower Thursday following a disappointing holiday sales report...
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FILE- In this May 7, 2018, file photo a delivery man unloads cases of soft drinks from a Pepsi truck in New York. PepsiCo Inc. reports earns on Friday, Feb. 15, 2019. (AP Photo/Mark Lennihan, File)
February 15, 2019 - 8:30 am

PepsiCo moves to profit in 4Q, sees tax benefit

PURCHASE, N.Y. (AP) — PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit North America strengthened. Shares rose 2.4 percent before the market open on Friday. The food and beverage company recorded a $5.3 billion tax benefit in...
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FILE- This Nov. 14, 2018, file photo shows Coca-Cola Zero Sugar at a market in Pittsburgh. The Coca-Cola Co. reports financial results Thursday, Feb. 14, 2019. (AP Photo/Gene J. Puskar, File)
February 14, 2019 - 11:38 am

Outlook overshadows strong quarter at Coca-Cola

ATLANTA (AP) — A weak annual outlook from Coca-Cola overshadowed solid quarterly results Thursday, wiping out its stock gains for the year and setting off the worst sell-off of company shares in more than a decade. Coke expects organic revenue growth of 4 percent in 2019, a point lower than last...
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February 13, 2019 - 9:04 pm

MGM CEO: Feds' Wire Act opinion is perplexing, unenforceable

LAS VEGAS (AP) — The chairman and chief executive officer of casino operator MGM Resorts International on Wednesday decried a U.S. Department of Justice opinion that is threatening the viability of online gambling and also blamed the recent partial government shutdown for fewer Las Vegas visitors...
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FILE- In this Feb. 5, 2019, file photo traders Joseph Lawler, left, and James Lamb work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 12. (AP Photo/Richard Drew, File)
February 12, 2019 - 12:04 pm

Markets Right Now: US stocks rise on deal to avoid shutdown

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:50 a.m. U.S. stocks are gaining at midday after U.S. lawmakers reached a tentative deal to avoid another costly government shutdown. The deal could alleviate pressure on the market as the U.S. and China begin...
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Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at its Global Headquarter in Yokohama, near Tokyo, Tuesday, Feb. 12, 2019. Nissan reported a drop in third quarter profit to about a fourth of the previous year's, mainly because U.S. tax reforms had lifted profits a year earlier. Nissan has been rocked recently by the arrest of its former chairman, Carlos Ghosn, on charges of financial misconduct. (Akiko Matsushita/Kyodo News via AP)
February 12, 2019 - 5:25 am

Nissan's profit drops amid former chair Ghosn's arrest

TOKYO (AP) — Nissan said Tuesday that its third quarter profit plunged to about a quarter of the previous year's, partly due to special charges related to alleged false financial reporting by its former chairman, Carlos Ghosn. The main factor behind the sharp weakening in profit, however, was the...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Friday, Feb. 8, 2019. Stocks are opening lower on Wall Street as a mixed bag of earnings reports didn't inspire investors to get back to buying stocks. (AP Photo/Richard Drew)
February 08, 2019 - 12:42 pm

S&P 500 set for another down week as January's rally fizzles

U.S. stocks declined in early afternoon trading Friday, joining a worldwide move lower as concerns remain high about global trade and the strength of the economy. The S&P 500 was on pace to close out its second down week in the last three as investors hit pause following a tumultuous two months...
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FILE- In this Tuesday, Jan. 29, 2019, file photo specialist Specialist Glenn Carell, center, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 7. (AP Photo/Richard Drew, File)
February 07, 2019 - 4:49 pm

US stock indexes drop as economic, earnings worries rise

Renewed pessimism about the strength of the global economy and corporate profits this year led to sharp losses on Wall Street Thursday. Technology companies, health care stocks and banks accounted for much of the selling. Twitter slumped almost 10 percent after issuing a weak forecast. Traders...
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FILE - In this Monday, Jan. 14, 2019 file photo, Fiat Chrysler Automobiles FCA logo is shown at the North American International Auto Show in Detroit. Shares in Italian American automaker Fiat Chrysler have tanked Thursday, Feb. 7 after the company issued conservative earnings forecasts for 2019. Fiat Chrysler shares were temporarily suspended from trading due to excessive volatility, and then shed 11 percent in Milan. (AP Photo/Paul Sancya, file)
February 07, 2019 - 11:44 am

Fiat Chrysler shares tank on forecast for drop in earnings

MILAN (AP) — Shares in Italian American automaker Fiat Chrysler tanked Thursday after the company issued conservative earnings forecasts for 2019, even as it posted record earnings last year. Fiat Chrysler shares were temporarily suspended from trading due to excessive volatility, and then shed 11...
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February 07, 2019 - 3:46 am

Unicredit 4Q profits soar, best quarter in a decade

MILAN (AP) — Italian lender UniCredit says fourth-quarter profits more than doubled on accelerated positive tax effects under Italy's new budget law. Italy's largest bank by assets reported Thursday a 1.7 billion-euro ($1.9 billion) quarterly net profit, compared with 801 million euros in the same...
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