Tag: Earnings reports
Microsoft weathers pandemic, beats Wall Street expectations
REDMOND, Wash. (AP) - Microsoft said the coronavirus pandemic has increased demand for its flagship products, reporting quarterly earnings Wednesday that beat Wall Street...
Samsung projects 23% jump in 2Q profit on strong chip sales
SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period...
Samsung projects 23% jump in 2Q profit on strong chip sales
SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period...
Samsung projects profit jump for 2nd quarter
SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period...
Stocks are mixed on Wall Street, with enthusiasm checked
Stocks are mixed in tentative midday trading on Wall Street Tuesday, as investors wait to see how well the lifting of lockdowns around the...
US stock indexes open slightly higher as some calm returns
NEW YORK (AP) - Stocks are off to a slightly higher start on Wall Street as more signs of calm steadily return to the...
Siemens says profits down, this quarter could be the bottom
FRANKFURT, Germany (AP) - Siemens AG, maker of trains, power generators and medical scanners, saw net profit sag during the most recent quarter due...
NYT says it can ‘ride out’ virus as subscriber numbers boom
The New York Times Co. added new digital subscribers at a record rate as the coronavirus spread in the first quarter, helping offset shrinking...
Uber to lay off 3,700 workers and CEO to waive salary
NEW YORK (AP) - Uber is cutting 3,700 full-time workers, about 14% of its workforce, and its CEO will give up his base salary...
Disney Q2 profit sinks on pandemic woes
NEW YORK (AP) - Disney reported a steep decline in profit as many segments of its media and entertainment offerings have ground to a...
