Posts Tagged Financial performance

New York Times 1Q profit falls 51 pct

NEW YORK (AP) — The New York Times Co. said Thursday that its first-quarter net profit dropped 51 percent, as higher costs outpaced small increases in circulation and advertising revenue.

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Coal miner Peabody’s 1Q loss more than doubles

ST. LOUIS (AP) — Coal miner Peabody Energy Corp. said Thursday its first-quarter loss more than doubled on weak prices, falling short of Wall Street expectations.

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Facebook 1Q results soar; CFO to step down

This Tuesday, July 16, 2013 file photo shows a sign at Facebook headquarters in Menlo Park, Calif. Facebook reports quarterly earnings on Wednesday, April 23, 2014. (AP Photo/Ben Margot, File)

NEW YORK (AP) — Facebook’s earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.

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Apple increases stock buyback, will split stock

In this Dec. 23, 2013 file photo, a woman using a phone walks past Apple's logo near its retail outlet in Beijing. Apple reports quarterly earnings on Wednesday, April 23, 2014. (AP Photo/Ng Han Guan, File)

CUPERTINO, Calif. (AP) — Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.

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Correction: Earns-Discover Financial story

LOS ANGELES (AP) — In a story April 22 about Discover Financial earnings, The Associated Press reported erroneously that the company plans to launch a direct checking service next year. The service is planned for this year. The error was left in the story due to a technical glitch.

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