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| August 23, 2017

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Stocks eke out gain after retailers post stronger-than-expected earnings

August 17, 2017 |

U.S. stocks rose slightly Wednesday as Urban Outfitters and Target helped retailers rally. That was enough to overcome losses by energy companies and market turbulence stirred up by the controversy over President Trump’s manufacturing council.

Urban Outfitters and Target did better in the second…


L.A. Times – Business

Solid earnings drive stock indexes higher

August 1, 2017 |

More solid earnings reports from U.S. companies are sending stocks higher in early trading on Wall Street.

Banks, technology companies and retailers were among the early winners Tuesday. Bank of America gained 1%.

Royal Caribbean Cruises jumped 5% after reporting solid earnings. Archer-Daniels-Midland…


L.A. Times – Business

Stocks sag after companies release disappointing earnings reports

July 29, 2017 |

Stock markets around the world sagged Friday after Amazon and other big companies reported quarterly results that underwhelmed investors.

The Standard & Poor’s 500 index slipped 3.32 points, or 0.1%, to 2,472.10, finishing a week packed with corporate earnings reports almost exactly where it started….


L.A. Times – Business

Stocks open higher, buoyed by earnings reports

July 26, 2017 |

Stocks are opening higher on Wall Street as several big companies including Boeing and AT&T report solid results.

Boeing jumped 5.7% in early trading Wednesday and AT&T rose 4.2%. AT&T said it expects its acquisition of Time Warner to close by the end of the year.

U.S. Steel soared 9.8% after reporting…


L.A. Times – Business

Stocks open lower after some disappointing earnings reports

May 10, 2017 |

Stocks are off to a weak start on Wall Street after several big U.S. companies reported disappointing first-quarter results.

Disney was down 3% in early trading Wednesday after its revenue fell short of forecasts. Priceline slumped 4.8% after its revenue also missed estimates.

Chipmaker Nvidia…


L.A. Times – Business

Exxon Profit Earnings Point to Industry Recovery

April 29, 2017 |

The world’s biggest oil companies are seeing their highest profits in more than a year, an early signal that they may be turning a corner on their long path to recovery.
WSJ.com: US Business

Stocks rally, lifted by company earnings

April 21, 2017 |

U.S. stocks climbed Thursday as industrial companies, banks, technology and materials firms and energy companies all rallied. A strong day of corporate results left investors feeling better about the economy.

For more than a week, investors have been poring through company earnings for signs the…


L.A. Times – Business

United Airlines’ passenger-dragging fiasco overshadows a strong earnings report

April 18, 2017 |

United Airlines chief Oscar Munoz sought to reassure investors during an earnings call Tuesday that he understands the seriousness of the fiasco in which Dr. David Dao was dragged off a plane,
L.A. Times – Business

Accounts scandal takes its toll on Wells Fargo earnings as customers remain wary

April 13, 2017 |

Wells Fargo & Co. reported earnings on Thursday that show the scandal over unauthorized customer accounts is eating into its bottom line.

The San Francisco bank said its net income totaled $ 5.5 billion, showing no growth from last year’s first quarter — though the results topped the modest expectations…


L.A. Times – Business

Buffett’s Berkshire Hathaway Reports Rise in Net Earnings

February 25, 2017 |

Warren Buffett’s Berkshire Hathaway Inc. said fourth-quarter net earnings rose nearly 15%, boosted in part by the stock market’s end-of-year gains.
WSJ.com: US Business