Union Pacific Corp. says its profit climbed 17 percent in the second quarter as the railroad hauled 8 percent more freight and raised shipping rates.
FORT WORTH, Texas (AP) — Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders. American Airlines Group Inc. said Thursday that it earned $864 million in the second quarter, up from the $507 million that American and US Airways earned separately a year ago, before their merger. Excluding specials charges, the company said it earned a ...
DALLAS (AP) — Southwest Airlines is reporting a record profit for the second quarter, more than doubling what it earned a year ago. Southwest said Thursday that net income rose to $465 million. Excluding special items, the airline earned 70 cents per share. That beats Wall Street's forecast of 61 cents per share, according to FactSet. The company says it also set records for passenger fares ...
CANTON, Mass. (AP) — Dunkin' Brands Group Inc. (DNKN) on Thursday reported net income that rose by 13 percent in its second quarter. The results matched analysts' expectations. The Canton, Massachusetts-based company said earnings increased to $46.2 million, or 43 cents per share, from $40.8 million, or 38 cents per share, in the same quarter a year ago. Earnings, adjusted for one-time gains ...
PEORIA, Ill. (AP) — Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped. The construction equipment company's adjusted profit topped Wall Street's view, but revenue fell short. It also boosted its full-year earnings forecast. Caterpillar — which also makes power systems that include large electrical generators and locomotive engines — earned $999 million, or $1.57 ...
ST. PAUL, Minn. (AP) — 3M's second-quarter profit jumped 6 percent as sales surged across all its businesses. The maker of Post-it notes, industrial coatings and ceramics posted net income of $1.27 billion, or $1.91 per share, in the quarter ending June 30, compared with $1.2 billion, or $1.71 per share, in the same quarter a year ago. The profit matched Wall Street expectations and the ...
AT&T on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.
GlaxoSmithKline, Britain's biggest drug manufacturer, endured a further fall in its value after cutting its earnings outlook for 2014.
PepsiCo raised its forecast slightly for the year on Wednesday as it continued to slash costs while selling more of its snacks and drinks.
Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations.
Apple continues to deliver strong earnings before the upcoming release of the next iPhone later this year.
Solid earnings for big companies helped nudge the U.S. stock market higher on Tuesday.
Shares of Crocs surged Tuesday as the footwear company's second-quarter performance topped analysts' expectations.
Crocs on Monday evening announced "strategic performance improvement initiatives" that are expected to result in the loss of more than 180 jobs, the closure of retail stores and the scrapping of brands.
A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier had provided meat for its chicken nuggets.