Sunday, July 23, 2017

earnings report

In this Thursday, Jan. 26, 2017, photo, a CSX freight train passes through Homestead, Pa. CSX Corp. reports financial results, Tuesday, July 18, 2017.

BY JOSH FUNK OMAHA, Neb. (AP) — CSX Corp. delivered a 15 percent improvement in second-quarter profit as the railroad continues to restructure under its new CEO. The Jacksonville, Florida-based company said Tuesday it earned $510 million net income, or ...
This Tuesday, April 18, 2017, photo shows a FedEx Ground sign at a warehouse in Ashland, Va.

MEMPHIS, Tenn. (AP) — FedEx Corp.’s latest quarterly profit beat Wall Street expectations thanks to higher rates and an increase in deliveries, as the company continues to benefit from the growth in online shopping. Executives on Tuesday predicted record business ...
In this Monday, Aug. 31, 2015, file photo, John Deere equipment is on display at the Farm Progress Show in Decatur, Ill. Deere & Co. reports earnings, Friday, May 19, 2017. (AP Photo/Seth Perlman, File)

MOLINE, Ill. (AP) — Despite weaker crop prices and nervous American farmers, Deere & Co. reported better-than-expected earnings on strong international farm equipment sales and higher demand for construction equipment as U.S. home sales take off. The company doubled its ...
In this Wednesday, Feb. 8, 2017, photo, customers head to the parking lot after shopping at a Wal-Mart, in Hialeah, Fla. (AP Photo/Alan Diaz)

BY ANNE D’INNOCENZIO BENTONVILLE, Ark. (AP) — Wal-Mart saw online sales surge as it changed up its shipping offers, and drew more shoppers to its stores as well in the most recent quarter even as retail overall is more competitive. ...
In this Wednesday, May 18, 2016, file photo, people approach an entrance to a Home Depot store in Bellingham, Mass. The Home Depot Inc. reports earnings Tuesday, May 16, 2017. (AP Photo/Steven Senne, File)

ATLANTA (AP) — Robust consumer spending and the arrival of the spring gardening season pushed Home Depot’s first-quarter profits and revenue beyond most expectations and the company raised its earnings forecast for the year. Shares rose before the market opened ...
In this Friday, March 17, 2017, file photo, shoppers exit a J.C. Penney store in the Georgia Square Mall in Athens, Ga. J.C. Penney Company Inc. reports earnings, Friday, May 12, 2017. (John Roark/Athens Banner-Herald via AP, File)

PLANO, Texas (AP) — Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers. Though the loss at first did not appear as bad as many industry analysts ...
This Tuesday, May 2, 2017, photo shows corporate signage at Macy's flagship store in New York. (AP Photo/Bebeto Matthews)

NEW YORK (AP) — Lower sales dragged Macy’s profit down for the first quarter, highlighting the challenge for retailers as customers shift to more online shopping and store locations lose traffic. Macy’s results fell short of Wall Street expectations, and ...
This Thursday, Dec. 15, 2016, photo shows a Pizza Hut restaurant, in New Orleans. (AP Photo/Gerald Herbert)

LOUISVILLE, Ky. (AP) — Yum Brands Inc. is reporting first-quarter net income of $280 million. On a per-share basis, the Louisville, Kentucky-based company said it had profit of 77 cents. Earnings, adjusted for non-recurring gains, came to 65 cents per ...
This Thursday, Dec. 18, 2014, file photograph, shows a sign at the Merck company facilities in Kenilworth, New Jersey. (AP Photo/Mel Evans, File)

KENILWORTH, N.J. (AP) — Merck & Co. is reporting first-quarter earnings of $1.55 billion. On a per-share basis, the Kenilworth, New Jersey-based company said it had net income of 56 cents. Earnings, adjusted for one-time gains and costs, were 88 ...
In this Wednesday, March 15, 2017, file photo, American Airlines airplanes sit on the tarmac at LaGuardia Airport in New York. American Airlines Group Inc. on Thursday, April 27, reported first-quarter earnings of $234 million. (AP Photo/Seth Wenig, File)

FORT WORTH, Texas (AP) — American Airlines said its first-quarter earnings fell 67 percent as higher costs, including labor and fuel, offset a positive trend in airfares. The company’s shares slumped $2.95, or 6.4 percent, in morning trading. On the ...
X