Tag: Financial performance
United Airlines stock plunges after another big loss
Shares of United Airlines tumbled by 8.5% Tuesday after the airline reported a larger first-quarter loss than expected and suggested that key business and...
CSX 1Q profit dips 8% but railroad sees economy growing
OMAHA, Neb. — CSX Corp. said its first-quarter profit declined 8% due to higher expenses, but the railroad said it expects to benefit as...
VW, Ford unveil SUVs at China auto show under virus controls
SHANGHAI — Volkswagen unveiled an electric SUV made for China ahead of the opening Monday of the Shanghai auto show, the industry’s biggest marketing...
Coca-Cola sales rise as vaccinations roll out, venues open
Sales are steadily improving at Coca-Cola Co. as vaccinations allow for the opening of stadiums, restaurants and theaters in many regions globally.
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UnitedHealth ups forecast after strong start to year
MINNETONKA, Minn. — UnitedHealth profits jumped about 44% in the first quarter and the nation's largest health insurer boosted its outlook for the year....
Delta posts $1.2 billion loss says it’s flying into recovery
Delta Air Lines lost $1.2 billion in the first quarter but executives said Thursday that the airline could be profitable by late summer if...
A year after stocks soared, CEOs must show it was warranted
NEW YORK — It's time to show the receipts, CEOs.
For...
Chipmaker TSMC says profit up 16.7% as demand revives
TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the world’s biggest contract manufacturer of processor chips, said Thursday quarterly profit rose 16.7% over a year...
UK supermarket giant Tesco sees profit dented by COVID costs
LONDON — Tesco, Britain's biggest supermarket, said Wednesday its profits slid by a fifth over the past year as higher costs related to the...
Profits at Goldman Sachs surge in 1Q, helped by trading
NEW YORK — Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from...