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| October 22, 2018

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earnings Archives -

Stocks sink on weak industrial earnings; tech skid resumes

October 19, 2018 |

U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrial firms and companies that rely on consumer spending.

Several industrial companies tumbled after releasing weak quarterly reports, and European stocks also fell as European Union…


L.A. Times – Business

Stocks jump, helped by strong company earnings

October 16, 2018 |

World stock markets turned higher again Tuesday, helped by strong earnings reports from major U.S. companies. Investment banks Morgan Stanley and Goldman Sachs, healthcare products company Johnson & Johnson and health insurer UnitedHealth all climbed after announcing their third-quarter results….


L.A. Times – Business

Companies Buy Earnings Gains by Buying Back Stock

September 24, 2018 |

Companies’ record stock repurchases this year are causing profits to appear stronger and fueling the stock market’s record run.
WSJ.com: US Business

The gap between men and women’s pay is narrowing. It’s partly because men’s earnings fell

September 17, 2018 |

The gender pay gap has been narrowing over the last four decades — and women’s earnings are now closer to men’s. But that is not only because women are doing better. The trend is also in part because men are earning less.

Earnings for men have fallen in the decade since the recession, and are even…


L.A. Times – Business

Guess’ stock jumps after its earnings beat forecasts, with growth in Europe and Asia

August 30, 2018 |

Guess Inc.’s stock rose sharply Thursday after the Los Angeles apparel company, which is trying to reverse years of slumping earnings, reported second-quarter profit that topped expectations.

The stock gained 5.7% to $ 24.25, putting it up 50% in the last 12 months. Earlier in the day, it was up…


L.A. Times – Business

S&P 500 touches all-time high as earnings reports drive up stock prices

August 21, 2018 |

U.S. stocks rose Tuesday, placing the Standard & Poor’s 500 index on track to close at an all-time high. The benchmark index of large U.S. companies briefly traded just above its last closing high set seven months ago. The latest gains came as investors welcomed solid results from home builders,…


L.A. Times – Business

Trump calls for study on ending quarterly earnings reports

August 19, 2018 |

President Donald Trump said he’s asked the Securities and Exchange Commission to study ending quarterly reporting for U.S. businesses in order to ease regulations and spur growth.

“In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even…


L.A. Times – Business

Trump Asks SEC to Study Six-Month Earnings Reporting

August 17, 2018 |

President Trump asked the SEC to consider scaling back how often public companies report results, a change some executives support as promoting longer-term planning, but that some investors charge could reduce transparency.
WSJ.com: US Business

Viacom shares rise despite earnings declines magnified by cable-TV cord-cutting

August 10, 2018 |

Viacom Inc. touted its turnaround story Thursday but delivered fiscal third-quarter earnings that exposed the challenges of consumer cord-cutting — and just how much work the company must do to right the ship.

For the quarter ended June 30, revenue declined nearly 4% to $ 3.2 billion for the media…


L.A. Times – Business

Stocks get a lift from earnings reports; Berkshire and Tyson rise

August 6, 2018 |

U.S. stocks edged up Monday morning, with companies including Tyson Foods and Berkshire Hathaway rising after their second-quarter reports. Overseas markets are having a sluggish start to the week.

KEEPING SCORE: The Standard & Poor’s 500 index rose 1 point, to 2,841 as of 10 a.m. EDT. The benchmark…


L.A. Times – Business