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 expenses chopped $1.5 billion from General Motors’ bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.

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US stock futures rise as investors weigh earnings

The New York Stock Exchange is shown, in this Aug. 9, 2011 file photo taken in New York. World shares were rattled Thursday July 24, 2014 by reports the European Union is weighing stiffer financial sanctions against Russia.  .(AP Photo/Mark Lennihan, File)

NEW YORK (AP) — U.S. stocks were barely higher in morning trading Thursday as investors digested second-quarter results from big companies across several industries, including Facebook, Ford and Caterpillar.

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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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