Earnings

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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FILE - In this May 17, 2019, file photo, a car leaves a Shell station after getting gas in Sacramento, USA. Royal Dutch Shell said Thursday July 30, 2020, that its second-quarter earnings plunged 82% as the COVID-19 global pandemic slashed energy prices and demand. (AP Photo/Rich Pedroncelli, File)
July 30, 2020 - 3:55 am
LONDON (AP) — Royal Dutch Shell said Thursday that its second-quarter earnings plunged 82% as the COVID-19 pandemic slashed energy prices and demand. Shell reported that adjusted profit, which excludes one-time items and changes in the value of inventories, dropped to $638 million from $3.46...
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July 30, 2020 - 2:58 am
PARIS (AP) — European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the pandemic and airlines scrounged for cash. The company, based in France, said Thursday that its deliveries fell almost 50% to 196, with revenue sliding almost 40%...
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FILE- In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April 2020 through June. The Detroit automaker had to close its plants from March 18 to May 18 due to the coronavirus, but production didn’t resume fast enough to hold off a net loss. (AP Photo/Richard Drew, File)
July 29, 2020 - 3:21 pm
DETROIT (AP) — Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April through June. The Detroit automaker closed its plants on March 18 and they remained idle for two months due to the coronavirus...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing says it lost $2.40 billion in the second quarter, and it's taking a more downbeat view about the airplane market because of the coronavirus outbreak. Boeing said Wednesday, July 29, 2020, it now expects the airline industry will take longer to recover from the pandemic, and that will limit aircraft sales. (AP Photo/Ted S. Warren, File)
July 29, 2020 - 12:32 pm
Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic. The loss was far worse than Wall Street expected; so was the decline in revenue, which fell 25%. “The reality is the...
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FILE - The logo for Blue Apron appears on a screen above the trading floor of the New York Stock Exchange, in this Thursday, Oct. 19, 2017, file photo. Scott's Miracle-Gro and Blue Apron are among the businesses seeing strong consumer demand for their products amid the virus outbreak. (AP Photo/Richard Drew, File)
July 29, 2020 - 12:00 pm
The spread of COVID-19 has skewed the numbers for every major company this year, for better or worse. Boeing, already besieged by problems with its marquee aircraft, is now dealing with a wave of order cancellations as travel withers. General Motors was forced to close all of its factories for two...
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Lights illuminate the buildings of the banking district in Frankfurt, Germany, early Wednesday, July 29, 2020. (AP Photo/Michael Probst)
July 29, 2020 - 5:47 am
FRANKFURT, Germany (AP) — Deutsche bank reported a small net profit of 61 million euros ($71 million) in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbreak. The gain compared with a loss of 3.1 billion euros in the year-earlier quarter,...
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A woman wearing a face mask stands beneath a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, July 28, 2020. Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. (AP Photo/Vincent Yu)
July 28, 2020 - 5:20 pm
Stocks pulled lower on Wall Street Tuesday following a mixed set of earnings reports from dozens of big U.S. companies. The S&P 500 fell 20.97 points, or 0.6%, to 3,218.44 after a last-hour slide erased a small gain from earlier in the day. Caution across markets also helped send Treasury...
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FILE - This Nov. 25, 2019 photo shows IQOS heated cigarette heatsticks displayed in an IQOS store in Richmond, Va. Altria said Tuesday, July 28, 2020, that cigarette sales continue to decline as it pushes to expand sales of an alternative heated-tobacco product. The tobacco giant's second-quarter profit fell slightly but still beat Wall Street expectations when adjusted for one-time expenses. (AP Photo/Steve Helber, File)
July 28, 2020 - 11:02 am
WASHINGTON (AP) — Marlboro-maker Altria said Tuesday that cigarette sales continued to decline in its last quarter as the company pushed to expand sales of an alternative heated-tobacco product. The Richmond, Virginia-based company reported second-quarter profit of $1.94 billion, or $1.04 per share...
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