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.
Posts Tagged Financial performance
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.
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.
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.
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.