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.
David Levy, the economist who predicted the Great Recession, says the U.S. is likely to fall into recession again next year because of downturns in other countries.
Saudi Arabia will open up its stock market to foreign investors in the first half of 2015, providing greater access to the Arab world's biggest exchange.
DuPont reported a 4 percent rise in its second-quarter profit and increased its quarterly dividend by 4 percent.
Comcast's second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Coca-Cola on Tuesday reported earnings that declined by 3 percent in its second quarter, and beat analysts' expectations.