Financial performance

In this July 8, 2019, photo, Honda cars wait to be exported at Yokohama port, near Tokyo. Honda recorded a 6.7% decline in July-September profit as vehicle and motorcycle sales slipped and an unfavorable exchange rate hurt earnings at the Japanese automaker, Honda Motor Co. reported Friday, Nov. 8, 2019. (AP Photo/Koji Sasahara)
November 08, 2019 - 3:40 am
TOKYO (AP) — Honda has become the latest automaker to report weaker earnings as global demand softens. The company said Friday that its profit in the July-September fell 6.7% from a year earlier to 196.5 billion yen ($1.8 billion) as vehicle and motorcycle sales slipped. An unfavorable exchange...
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FILE- In this Sept. 28, 2015, file photo Art Peck, CEO of Gap, speaks at the Clinton Global Initiative in New York. Peck is stepping down as the company continues to grapple with slumping sales. Peck, who has been CEO since 2015, will be temporarily replaced by Gap's non-executive chairman of the board Robert Fisher. (AP Photo/Mark Lennihan, File)
Associated Press
November 07, 2019 - 8:42 pm
NEW YORK (AP) — Gap announced Thursday that CEO Art Peck is stepping down as the company struggles to turn around a long-standing sales slump. The San Francisco-based retailer also lowered its earnings outlook for the year as sales at the Gap, Banana Republic and Old Navy fell in the most recent...
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FILE - In this Jan. 9, 2019 file photo, guests watch a show near a statue of Walt Disney and Mickey Mouse in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla. The Walt Disney Co. reports financial results Thursday, Nov. 7. (AP Photo/John Raoux, File)
November 07, 2019 - 5:41 pm
NEW YORK (AP) — Walt Disney Co. on Thursday reported fiscal fourth-quarter net income that beat Wall Street's expectations thanks to strong theater revenue from films like "The Lion King" and "Toy Story 4," along with higher parks revenue. The results came as Disney readies for the debut Tuesday of...
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November 07, 2019 - 12:22 pm
CENTRAL ISLIP, N.Y. (AP) — A New York judge on Wednesday scheduled what could be the second state-level trial in the U.S. on the toll of opioids. Judge Jerry Garguilo set a trial date of Jan. 20 for claims brought by the state attorney general and the Long Island counties of Nassau and Suffolk...
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November 07, 2019 - 2:42 am
TOKYO (AP) — Japan's top automaker Toyota has seen a 1% rise in July-September profit as vehicle sales grew around the world. Toyota Motor Corp. reported Thursday a profit of 592 billion yen ($5.4 billion) for the second fiscal quarter, up from 585 billion yen last year. Toyota, which makes the...
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November 06, 2019 - 1:16 pm
State attorneys general with pending lawsuits against OxyContin maker Purdue Pharma and its owners will ask a federal bankruptcy judge Wednesday to give them more time to continue negotiating. A temporary freeze on their lawsuits expires this week, when the judge is to decide whether to halt them...
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November 06, 2019 - 12:27 pm
CHARLESTON, W.Va. (AP) — Senate Majority Leader Mitch McConnell is co-sponsoring a bill with West Virginia's two U.S. senators and others aimed at preserving the pensions of about 92,000 retired coal miners, as well as the health-care benefits of another 13,000 working miners. Democrat Joe Manchin...
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FILE - In this May 30, 2019, file photo, signs advertise new products available inside a CVS store with the new HealthHUB in Spring, Texas. CVS Health reports financial results Wednesday, Nov. 6. (AP Photo/David J. Phillip, File)
November 06, 2019 - 8:01 am
CVS Health revenue surged more than 36% in the third quarter, nearly a year after acquiring one of the nation's largest health insurers. The drugstore chain and pharmacy benefit manager also said Wednesday that it filled more prescriptions as net income climbed 10% to $1.53 billion in a performance...
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ADDS TRANSLATION - SoftBank founder and Chief Executive Officer Masayoshi Son speaks during a news conference in Tokyo Wednesday, Nov. 6, 2019. Japanese technology company SoftBank Group Corp. said Wednesday, it has tumbled into losses for the second quarter over money-losing investments, including a bailout for office-space sharing startup WeWork. The letter reads: Deficit. (Kyodo News via AP)
November 06, 2019 - 4:45 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. tumbled into losses in the last quarter as its earnings were hammered by money-losing investments, including a bailout for office-space sharing startup WeWork that SoftBank's founder, Masayoshi Son, said he was regretting. The Tokyo-...
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November 06, 2019 - 3:47 am
FRANKFURT, Germany (AP) — Automaker BMW reported Wednesday that net profit increased 11.5 percent from a year ago to 1.55 billion euros ($1.72 billion) in the third quarter, helped by a rejuvenated model line and the absence of last year's market disruptions due to troubles with diesel cars...
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