Monday, September 21, 2020

All posts tagged "earnings"

  • Daimler CEO Gets Contract Extended after Record Profits

    FRANKFURT, Germany – Car, truck and bus maker Daimler AG has given CEO Dieter Zetsche a three-year extension of his contract, a few days after the company reported record annual profits. Zetsche’s contract would have run out...

    • Posted February 16, 2016
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  • Questions Grow over Banks as Profit Warnings Pile Up

    PARIS – Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings. France’s Societe Generale became Thursday...

    • Posted February 11, 2016
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  • PepsiCo’s Revenue in North America Climbs, Helped by Pricing

    NEW YORK – PepsiCo said revenue for its North American snacks and drinks units rose in the fourth quarter, boosted by pricing. The maker of Frito-Lay chips and Tropicana juice has been retooling its product lineup and...

    • Posted February 11, 2016
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  • Reynolds American 4Q Profit Jumps, but Misses Forecasts

    NEW YORK – Cigarette maker Reynolds American’s fourth-quarter profit shot up 89 percent compared to the final quarter of 2014, when earnings fell due to some one-time costs. The parent of Camel and Pall Mall cigarette maker...

    • Posted February 11, 2016
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  • Oil Price Drop pushes Total Profit down 26 Percent

    PARIS – Total says its fourth quarter earnings skidded 26 percent as the collapse in oil prices hit another global energy giant. The French company said Thursday that profit adjusted for changes in the value of inventories...

    • Posted February 11, 2016
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  • Companies Lose Billions Buying Back their Own Stock

    NEW YORK – If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: Companies...

    • Posted February 9, 2016
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  • Global Volume Up for Coke, though Diet Coke Fizzles

    ATLANTA – Coca-Cola’s global soda volume rose in the fourth quarter, even as Diet Coke continued to suffer declines. The world’s largest beverage maker said Tuesday that worldwide unit case volume for soda, which reflects average daily...

    • Posted February 9, 2016
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  • Goodyear Reports 4Q Loss on Hefty Charge

    NEW YORK – The Goodyear Tire & Rubber Co. on Tuesday swung to a fourth-quarter loss on charges and tire sales fell, but the results still topped Wall Street expectations. The tire maker reported a loss of...

    • Posted February 9, 2016
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  • US Stocks Stage a late Turnaround, led by the Energy Sector

    NEW YORK – Stocks staged a rapid comeback in late-afternoon trading to close solidly higher Wednesday, helped by a surge in the price of oil and a decline in the U.S. dollar. Chipotle Mexican Grill fell as...

    • Posted February 3, 2016
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  • North America, China Power GM to Record $9.7B Annual Profit

    DETROIT – If you’re an automaker, especially one from Detroit, conditions probably aren’t going to be better for you to make a lot of cash. For General Motors, that’s what happened last year as the company posted...

    • Posted February 3, 2016
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