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Financial performance

Comcast profit rises 17 percent in 1Q
Comcast Corp., the nation's largest cable company and owner of NBCUniversal, on Wednesday said its net income rose 17 percent in the latest quarter, ...
Generic competition cuts Merck's Q1 sales, profit
Merck & Co. on Wednesday posted disappointing first-quarter results and cut its earnings forecast for the year. But the world's third-largest ...
Electric car maker CODA files for Chapter 11
Electric car maker CODA Holdings Inc. filed for bankruptcy protection Wednesday after selling just 100 cars and said it plans to quit the auto ...
Detroit boosted by truck sales; Honda, Nissan gain
Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years
Viacom 2Q profit falls, but beats expectations
Viacom Inc. posted an 18 percent drop in second-quarter net income due to lower revenue, especially from the filmed entertainment division that ...
Kodak to exit bankruptcy a different company
Eastman Kodak plans to emerge from bankruptcy protection by the end of September after shedding most of the businesses that turned it into an American ...
Time Warner 1Q earnings climb, beats Street
Earnings at Time Warner Inc. grew 24 percent in the first three months of the year despite a slight drop in revenue, as the company benefited from ...
Stocks fall on jobs concerns, fall in Merck profit
The stock market is falling early after a survey showed U.S. companies added the fewest jobs in seven months and Merck reported a lower quarterly ...
Starwood 1Q results top Wall Street's expectations
Lodging operator Starwood Hotels & Resorts Worldwide Inc. said Tuesday that its first-quarter net income surged 66 percent, bolstered by a large tax ...
IBM pulls the stock market out of a morning slump
News that IBM will buy back more stock and raise its dividend helped pull major stock indexes out of a morning slump Tuesday. IBM and other technology ...
Pfizer 1Q profit up, but drugmaker cuts outlook
Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a ...
Report: Apple selling record amount in bonds
Apple Inc. is selling $17 billion in bonds on Tuesday, according to a published report. That would make it the largest corporate bond issue ever.
Fiat Industrial Q1 profit down on soft truck sales
Fiat Industrial, the Italian maker of heavy vehicles, on Tuesday reduced its full-year forecasts after reporting a 22 percent drop in first-quarter ...
UBS posts $1 billion net profit in first quarter
A first-quarter net profit of $1 billion thanks to strong investment banking and wealth management sent shares in Swiss bank UBS AG surging up well ...
Aetna 1Q profit slips 4 pct, boosts 2013 forecast
Aetna's first-quarter net income fell 4 percent as acquisition-related costs and rising health care expenses more than offset government business ...
Stocks edge lower; Pfizer weighs down the Dow
Weak earnings from Pfizer and other companies dragged down major market indexes Monday, pulling the Standard & Poor's 500 back from a record high.
BP Q1 profits surge on Russian joint venture sale
BP's sale of its Russian joint venture helped it more than triple first-quarter profits, the oil company said Tuesday in a further sign that its ...
AB Inbev sees volumes fall in key markets
Anheuser-Busch InBev NV, the world's largest brewer, says that its profits rose in the first quarter in spite of falling sale volumes in important ...
NYSE Euronext Q1 profit up on lower costs
NYSE Euronext says its net profit jumped 45 percent in the first quarter thanks to lower merger expenses compared to a year earlier. The owner of the ...
S&P 500 reaches new high, led by tech
Technology companies led the Standard & Poor's 500 index to an all-time closing high Monday. The stock market has recovered all the ground it lost ...
Chrysler 1Q profit falls 65 pct. as shipments drop
Three Chrysler factories were slow to switch from old models to new ones, and that helped dramatically reduce the company's first-quarter profit.
Hearing begins on Patriot's bid to cut benefits
A long-awaited bankruptcy hearing began Monday in which a St. Louis-based coal company insists it must significantly cut thousands of retirees' health ...
Fiat reports Q1 loss as sales slip in Europe, US
Weak sales in Europe and lower profits at U.S. partner Chrysler pushed Italian carmaker Fiat to a loss in the first quarter. Fiat SpA on Monday said ...
Deutsche Bank to raise $3.7 billion in share issue
Deutsche Bank said Monday it would raise 2.8 billion euros ($3.7 billion) by issuing new shares, a move to bolster its capital buffers in line with ...