DETROIT (AP) — Recall costs chopped $1.5 billion from General Motors’ bottom line in the second quarter, cutting its net income by 85 percent.
Posts Tagged Financial performance
GREEN BAY, Wis. (AP) — The only publicly owned team in U.S. professional sports is holding its annual shareholders meeting.
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.
Increased production of passenger jets helped push up Boeing’s profit by 52 percent in the second quarter, topping Wall Street’s expectations.
NEW YORK (AP) — Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday.