Financial performance

FILE - In this Nov. 26, 2019, file photo a UPS man delivers a package to a residence in North Andover, Mass. United Parcel Service Inc. reports financial results on Thursday, Jan. 30, 2020. (AP Photo/Elise Amendola, File)
January 30, 2020 - 7:23 am
ATLANTA (AP) — UPS swung to a loss in its fourth quarter mostly on a hefty pension-related charge, but the delivery company's adjusted results met Wall Street's view. UPS lost $106 million, or 12 cents per share, in the quarter. A year ago the Atlanta company earned $453 million, or 52 cents per...
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January 29, 2020 - 9:39 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. The South Korean tech...
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FILE - This Nov. 1, 2019, file photo shows flames from a backfire on a hillside as firefighters battle the Maria Fire in Santa Paula, Calif. California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric's blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation. PG&E is trying to dig out of a financial hole created by more than $50 billion in claims stemming from a series of catastrophic wildfires that have been blamed on the San Francisco company. (AP Photo/Noah Berger, File)
January 29, 2020 - 9:12 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric attorneys on Wednesday assured a federal judge the utility will emerge from bankruptcy by its June deadline, even as California Gov. Gavin Newsom vowed to follow through on his threat to have the state take over the nation's largest utility. The...
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FILE - In this April 30, 2019, file photo attendees take a selfie in front of a Facebook sign at F8, the Facebook's developer conference in San Jose, Calif. Facebook reports financial results on Wednesday, Jan. 29, 2020. (AP Photo/Tony Avelar, File)
January 29, 2020 - 7:54 pm
SAN FRANCISCO (AP) — Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference. Its profit and revenue both handily surpassed Wall Street's expectations. The company also said...
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FILE - In this Jan. 25, 2020, file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing Co. reports financial results on Wednesday, Jan. 29. (AP Photo/Ted S. Warren, File)
January 29, 2020 - 3:46 pm
Boeing, an icon of American manufacturing, suffered its first annual financial loss in more than two decades while the cost of fixing its marquee aircraft after two deadly crashes soared to more than $18 billion. New CEO David Calhoun on Wednesday stood by his estimate that regulators will certify...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 29, 2020. (AP Photo/Richard Drew, File)
January 29, 2020 - 1:50 pm
Stocks moved higher on Wall Street in afternoon trading Wednesday ahead of the Federal Reserve's latest interest rate policy update. The central bank was widely expected to leave its short-term interest rate unchanged. The Fed lowered rates three times last year. Investors also continued to size up...
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FILE - In this Jan. 22, 2020, file photo signs for a McDonald's restaurant hang on a building in the Chinatown section of New York. McDonald's reports financial results on Wednesday, Jan. 29. (AP Photo/Mark Lennihan, File)
January 29, 2020 - 11:06 am
McDonald's wrapped up a tumultuous year on a high note after the company's CEO was ousted in November. The burger giant said Wednesday it surpassed $100 billion in annual sales for the first time, and notched its highest same-store sales in more than a decade, with growth in all of its global...
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FILE - In this Jan. 16, 2020, file photo customers come and go at a Starbucks on South Claiborne Ave. in New Orleans. Starbucks Corp. reports financial earns on Tuesday, Jan. 28. (AP Photo/Gerald Herbert, File)
January 28, 2020 - 7:12 pm
It was a happy holiday at Starbucks, but the company's sales momentum could start to slow due to the coronavirus outbreak in China. Starbucks said it had intended to raise its full-year earnings guidance Tuesday, but uncertainty about China put that on pause. Starbucks said it has already closed...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
January 28, 2020 - 5:16 pm
Stocks closed broadly higher on Wall Street Tuesday, reversing a big slice of the market’s losses from a sharp sell-off the day before. The rebound ended a five-day losing streak for the Dow Jones Industrial Average fueled largely by fears that the spread of a new virus in China could hamper global...
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FILE- In this Oct. 24, 2017, file photo, the logo for 3M appears on a screen above the trading floor of the New York Stock Exchange. A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that, in addition to Post-it notes, makes industrial coatings and ceramics. (AP Photo/Richard Drew, File)
January 28, 2020 - 4:38 pm
A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that makes Post-it notes as well as industrial coatings and ceramics. The 1,500 job cuts come on top of the 2,000 jobs the company trimmed...
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