Posts Tagged Financial performance

GM profit 2Q falls 85 pct. on recall costs

In this May 13, 2014 file photo, an auto worker inspects finished SUVs coming off the assembly line at the General Motors auto plant in Arlington, Texas. General Motors reports quarterly financial results on Thursday, July 24, 2014. (AP Photo/LM Otero, File)

DETROIT (AP) — Recall costs chopped $1.5 billion from General Motors’ bottom line in the second quarter, cutting its net income by 85 percent.

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Packers shareholders meeting at Lambeau Field

GREEN BAY, Wis. (AP) — The only publicly owned team in U.S. professional sports is holding its annual shareholders meeting.

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US stock futures rise as earnings reports roll in

A sign for Wall Street is shown in this March 8, 2010 file photo near the New York Stock Exchange. Global stocks mostly rose Wednesday, July 23, 2014, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) — The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies.

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Boeing 2Q profit climbs 52 percent

In this July 9, 2014 file photo, Air New Zealand and Boeing show off the first delivered 787-9 Dreamliner at Boeing's delivery center at Paine Field in Everett, Wash. Boeing reports quarterly financial results on Wednesday, July 23, 2014. (AP Photo/The Seattle Times, Mike Siegel, File) SEATTLE OUT; USA TODAY OUT; MAGS OUT; TELEVISION OUT; NO SALES; MANDATORY CREDIT TO BOTH THE SEATTLE TIMES AND THE PHOTOGRAPHER

Increased production of passenger jets helped push up Boeing’s profit by 52 percent in the second quarter, topping Wall Street’s expectations.

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US stock futures climb as earnings reports roll in

This March 4, 2013 file photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. U.S. stock futures pointed higher early Tuesday, July 22, 2014, as more corporate earnings rolled in. Shares in the restaurant chain Chipotle and the cable company Comcast surged after they reported results that were better than Wall Street expected. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) — Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday.

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