Financial performance

FILE - In this file photo dated Thursday, Oct. 23, 2008, A tugboat passes a container ship docked at APM Terminals in Elizabeth, N.J. U.S.A. APM Terminals is owned by A.P. Moller-Maersk Group of Netherlands. Shares in the world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, plunged Thursday Feb. 21, 2019, after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. (AP Photo/Mark Lennihan, FILE)
February 21, 2019 - 5:59 am
COPENHAGEN, Denmark (AP) — Shares in the world's biggest shipping company, Denmark's A.P. Moller-Maersk, plunged Thursday after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. The company reported a fourth quarter loss of $34 million, from a $...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
February 20, 2019 - 11:46 am
CVS Health is setting 2019 earnings expectations well below Wall Street forecasts, as the company struggles to fix part of its business while blending in a major acquisition and attempting to change how customers use its stores. The drugstore chain and pharmacy benefit manager also is dealing with...
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FILE- In this May 18, 2006, file photo a worker puts the finishing touches on a sign unveiling the company's new look at a Payless Shoesource store at a mall in Independence, Mo. Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday, Feb. 18, 2019, came a day after the shoe chain began holding going-out-of-business sales at its North American stores. (AP Photo/Charlie Riedel, File)
February 20, 2019 - 8:37 am
TOPEKA, Kan. (AP) — The failing Payless ShoeSource chain will honor gift cards and store credit until March 11 as the company liquidates all operations. The Topeka, Kansas, company, which filed for bankruptcy protection this week, will allow returns and exchanges of non-final sale items through the...
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FILE - This Oct. 27, 2010, file photo shows a Boeing 737 being delivered to FlyDubai in Seattle. Budget carrier FlyDubai said Wednesday, Feb. 20, 2019, that revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million. (AP Photo/Elaine Thompson, File)
February 20, 2019 - 4:40 am
DUBAI, United Arab Emirates (AP) — Dubai's government-owned budget carrier FlyDubai said Wednesday its revenues increased to $1.7 billion in 2018, though the airline ended the year with a loss of $43.5 million. The airline that flies out of both Dubai International Airport and Dubai World Central's...
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FILE- In this Nov. 9, 2018, file photo shoppers look at toys at a Walmart Supercenter in Houston. Walmart Inc. reports financial results Tuesday, Feb. 19, 2019. (AP Photo/David J. Phillip, File)
February 19, 2019 - 10:52 am
NEW YORK (AP) — Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that beat Wall Street expectations. The world's largest retailer also enjoyed another quarter of surging e-commerce sales during the critical holiday period as it...
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FILE - In this Nov. 2, 2015, file photo, a person walks past a branch of HSBC near Liverpool Street Station in London. Europe’s biggest bank has reported its net profit jumped 30 percent in 2018 from the previous year to $12.6 billion. (AP Photo/Tim Ireland, File)
February 19, 2019 - 1:17 am
LONDON (AP) — Europe's biggest bank has reported its net profit jumped 30 percent in 2018 from the previous year to $12.6 billion. London-based HSBC, whose profit is mainly from Asia, said its revenue rose 5 percent from a year earlier to $53.8 billion. Pre-tax profit rose 16 percent to $19.9...
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FILE - In this Dec. 11, 2018, file photo, a beam of sunlight is cast on vehicles on a city ring-road clogged with heavy traffic during the morning rush hour in Beijing. China’s auto sales fell for an eighth month in January, 2019, extending a painful decline for the biggest global market. (AP Photo/Andy Wong, File)
February 19, 2019 - 1:07 am
BEIJING (AP) — China's auto sales fell for an eighth month in January, extending a painful decline for the biggest global market as demand cooled amid a slowing economy and tariffs standoff with the U.S. Purchases of sedans, SUVs and minivans fell 15 percent from a year earlier to just over 2...
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FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
February 15, 2019 - 4:14 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks surged on Wall Street Friday after Chinese and U.S. officials agreed to continue trade talks in Washington next week. Investors are again weighing quarterly results from major U.S. companies. Newell...
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FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
February 15, 2019 - 11:52 am
NEW YORK (AP) — Plans by the U.S. and China to extend key trade talks drove stocks broadly higher in midday trading Friday. The gains mark a turnaround after the market ended lower Thursday following a disappointing holiday sales report. The S&P 500 index had risen the previous four trading...
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FILE- In this May 7, 2018, file photo a delivery man unloads cases of soft drinks from a Pepsi truck in New York. PepsiCo Inc. reports earns on Friday, Feb. 15, 2019. (AP Photo/Mark Lennihan, File)
February 15, 2019 - 10:28 am
PURCHASE, N.Y. (AP) — PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit North America strengthened. Shares rose $2.36, or 2.1 percent, to $114.95 in Friday morning trading. The food and beverage company recorded a $5.3 billion...
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