Financial performance

September 19, 2018 - 1:29 am
DUBAI, United Arab Emirates (AP) — Qatar Airways says it suffered a $69 million loss this year off revenue of $11.5 billion amid a boycott of Doha by four Arab nations. The carrier made the announcement in a statement Tuesday, over a year after the boycott saw Qatar Airways locked out the airspace...
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FILE- In this April 18, 2017, file photo, a FedEx cargo plane sits idle during the day at Richmond International Airport in Sandston, Va. FedEx Corp. reports earnings Monday, Sept. 17, 2018. (AP Photo/Steve Helber, File)
September 17, 2018 - 7:14 pm
DALLAS (AP) — Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Monday that a widening trade war will have little direct effect on the company. However, Chairman and CEO Fred Smith renewed his criticism of...
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In this Thursday, Aug. 30, 2018, photo, a prospective buyer looks over a 2019 Cooper S convertible on the showroom floor of a Mini dealership in Highlands Ranch, Colo. On Friday, Sept. 14, the Commerce Department releases U.S. retail sales data for August. (AP Photo/David Zalubowski)
September 14, 2018 - 9:01 am
WASHINGTON (AP) — U.S. retail sales barely rose in August as consumers slowed their spending after a robust month of shopping in July. The Commerce Department said Friday that the value of purchases ticked up just 0.1 percent last month, the smallest increase in six months. But the sluggish figure...
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In this Saturday, July 21, 2018, photo the outdoor sign stands in the parking lot of a Sears department store in Saint Paul, Minn. Sears Holdings Corp. reports earns Thursday, Sept. 13. (AP Photo/David Zalubowski)
September 13, 2018 - 5:52 pm
NEW YORK (AP) — Sears Holdings Corp., the struggling department store operator, said it key sales figure improved and its stock soared in after-hours trading Thursday. The company, which owns both Sears and Kmart, said sales fell 3.9 percent at established stores in its second quarter. That's an...
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September 12, 2018 - 9:23 pm
WELLNGTON, New Zealand (AP) — New Zealand's largest company, which sells dairy products, said Thursday it will completely review its business investments after a disastrous financial year saw it post its first-ever loss. Fonterra lost hundreds of millions of dollars on its investments in China and...
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FILE - This Dec. 4, 2013 file photo shows vials of flavored liquid at a store selling electronic cigarettes and related items in Los Angeles. On Wednesday, Sept. 12, 2018, U.S. health officials said teenage use of e-cigarette has reached “epidemic” levels in the U.S. and are calling on the industry to address the problem or risk having their flavored products pulled off the market. (AP Photo/Reed Saxon, File)
September 12, 2018 - 2:53 pm
WASHINGTON (AP) — U.S. health officials are sounding the alarm about teenage use of e-cigarettes, calling the problem an "epidemic" and ordering manufacturers to reverse the trend or risk having their flavored vaping products pulled from the market. The warning from the Food and Drug Administration...
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FILE - In this Nov. 3, 2017, file photo, customers buy the iPhone X at the Apple Store on New York's Fifth Avenue. Apple is expected to unveil its biggest and most expensive iPhone on Wednesday, Sept. 12, 2018, as part of a lineup of three new models aimed at widening the product’s appeal amid slowing sales growth. (AP Photo/Richard Drew, File)
September 11, 2018 - 3:47 pm
SAN FRANCISCO (AP) — Apple is expected to unveil its biggest and most expensive iPhone on Wednesday as part of a lineup of three new models aimed at widening the product's appeal amid slowing sales growth. Most of the buzz is swirling around a rumored iPhone that is supposed to boast a 6.5-inch...
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September 04, 2018 - 5:07 am
COPENHAGEN, Denmark (AP) — Lego says its revenue dipped in the first half of 2018, with business in North America hurt by changes in the retail industry such as the bankruptcy of store chain Toys'R'Us. The privately-held company says revenue fell 5 percent to 14.3 billion kroner ($2.2 billion) in...
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FILE - In this July 1, 2017 file photo, a person buys marijuana at the Essence cannabis dispensary in Las Vegas. The first full year of legalized marijuana for recreational use in Nevada pushed taxable pot sales past the $500 million mark statewide and raised nearly $70 million in tax revenue, including $27.5 million for schools. The Nevada Department of Taxation said Tuesday, Aug. 28, 2018 the $529.9 million in taxable pot sales for recreational and medical use combined exceeded expectations by 40 percent for the fiscal year that ended June 30. (AP Photo/John Locher, File)
August 28, 2018 - 6:37 pm
RENO, Nev. (AP) — The first full year of legal marijuana sales in Nevada exceeded expectations by 40 percent, state tax officials said Tuesday. Taxable pot sales statewide totaled $529.9 million and raised nearly $70 million in tax revenue, including $27.5 million for schools, the Nevada Department...
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FILE- In this Nov. 23, 2017, file photo people enter a Best Buy store as it opened for a Black Friday sale on Thanksgiving Day in Overland Park, Kan. Best Buy reports financial results on Tuesday, Aug. 28, 2018. (AP Photo/Charlie Riedel, File)
August 28, 2018 - 11:13 am
NEW YORK (AP) — Best Buy Co. saw the biggest quarterly sales growth at established stores in 15 years, helping push revenue and profit beyond Wall Street expectations. Same-store sales, a key measure of a retailer's health, jumped 6 percent as shoppers bought products from home theater components...
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