Earnings reports

FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. The pandemic increased sales of Merck medicines during the first quarter of 2020, as households around the world stocked up, but the drugmaker expects a significant hit this quarter as the full force of the outbreak lands. (AP Photo/Seth Wenig, File)
July 31, 2020 - 12:41 pm
FAIRLESS HILLS, PA (AP) — Surging sales of cancer medicines and reduced spending across the board helped Merck overcome a big hit from the coronavirus pandemic and pushed second quarter profits up by 12%. The drugmaker blew past Wall Street projections and boosted its financial forecast for the...
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Passengers wearing face masks to prevent the spread of coronavirus queue prior to departure to London at a British Airways check-in desk at Adolfo Suarez-Barajas international airport, outskirts Madrid, Spain, Sunday, July 26, 2020. Britain has put Spain back on its unsafe list and announced Saturday that travelers arriving in the U.K. from Spain must now quarantine for 14 days. The move by the UK taken without forewarning has caught travelers off guard. (AP Photo/Manu Fernandez)
July 31, 2020 - 5:56 am
LONDON (AP) — The parent company of British Airways reeled to a loss of 3.8 billion euros ($4.5 billion) in the first six months of the year as travel restrictions from the COVID-19 pandemic ate into the bottom line. By way of comparison, IAG reported 806 million euros in profit in the same period...
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July 31, 2020 - 3:49 am
HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue. The Espoo, Finland-based maker of new-generation 5G mobile and other networks...
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A man lifts his arm as he walks by the New York Stock Exchange, Thursday, July 30, 2020. Stocks are falling on Wall Street Thursday after reports showed that layoffs are continuing at a stubborn pace and that the U.S. economy contracted at a nearly 33% annual rate in the spring. (AP Photo/Mark Lennihan)
July 31, 2020 - 12:16 am
TOKYO (AP) — Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33% annual pace in the spring, the worst quarter on record. Earnings reports, a gauge of how well businesses are managing the fallout...
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FILE - In this Oct. 20, 2019 file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. reports quarterly financial results after the market close, Thursday, July 30 2020. (AP Photo/David Zalubowski, File)
July 30, 2020 - 6:38 pm
DETROIT (AP) — Ford Motor Co. posted results on Thursday that were not as grim as expected for its second quarter that saw its U.S. factories shuttered for half the period to combat the spread of the coronavirus and car buyers sheltering in place. Ford reported a $1.12 billion second-quarter net...
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FILE - This March 19, 2018 photo shows the Google app on an iPad in Baltimore. Big Tech companies reported mixed quarterly earnings on Thursday, July 30, 2020, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. (AP Photo/Patrick Semansky, File)
July 30, 2020 - 5:51 pm
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. All four were affected by the pandemic, although in strikingly different ways. Google and Facebook...
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FILE - In this file photo dated Friday, May 29, 2020, the Renault plant is pictured in Choisy-le-Roi, outside Paris, France. French carmaker Renault reported Thursday July 30, 2020, a massive loss of 7.4 billion euros (dollars 8.5 billion) in the first half of the year as the collapse in global auto sales due to the coronavirus global pandemic worsened troubles already brewing at the manufacturer. (AP Photo/Christophe Ena, FILE)
July 30, 2020 - 8:44 am
PARIS (AP) — French carmaker Renault reported a massive loss of 7.4 billion euros ($8.5 billion) in the first half of the year as the collapse in global auto sales due to the pandemic worsened troubles already brewing at the manufacturer. Renault's loss compared with a profit of about 1 billion...
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FILE - In this Dec. 19, 2018, file photo packages await delivery inside of a UPS truck in Baltimore. United Parcel Service Inc. reported a 13% drop in first-quarter profit, to $965 million, as stay-at-home orders generated deliveries to people’s homes but not enough to offset the higher costs and a drop in business deliveries. UPS said Tuesday, April 28, 2020 that the coronavirus outbreak has created “significant headwinds.” (AP Photo/Patrick Semansky, FIle)
July 30, 2020 - 8:03 am
A boom in online shopping during the pandemic pushed revenue higher at United Parcel Service Inc., which reported a $1.77 billion profit for the second quarter. UPS said Thursday that shipping volume jumped 23% to more than 21 million packages a day. Crucially, shipments from businesses to U.S...
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FILE - In this Oct. 1, 2019, file photo the symbol for Comcast appears on a screen at the Nasdaq MarketSite, in New York. The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back. The company reported Thursday, July 30, 2020, that its NBCUniversal TV, film and theme park divisions, as well as its Sky unit in Europe, all suffered steep drops in revenue in the April-June quarter. (AP Photo/Richard Drew, File)
July 30, 2020 - 7:53 am
NEW YORK (AP) — The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back. The company reported Thursday that its NBCUniversal TV, film and theme park divisions, as well as its Sky unit in Europe, all suffered...
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FILE - In this file photo dated Thursday, April 23, 2020, flags wave in front of a factory building during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. Carmaker Volkswagen reports Thursday July 30, 2020, an after-tax loss of 1.54 billion euros (dollars 1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. (AP Photo/Jens Meyer, FILE)
July 30, 2020 - 5:27 am
FRANKFURT, Germany (AP) — Carmaker Volkswagen recorded an after-tax loss of 1.54 billion euros ($1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. The company sold 35% fewer cars and cut back its proposed dividend but said it had been able to...
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