Tag: Financial performance
Restructuring Deutsche Bank shows best quarter in 7 years
<p>FRANKFURT, Germany — Deutsche Bank saw its strongest quarterly profits in seven years as the bank's long-running restructuring showed in lower costs and as...
Norfolk Southern’s Q1 profit improves as economy recovers
OMAHA, Neb. — Norfolk Southern's profit improved in the first quarter as the railroad hauled 3% more freight while the economy continued to recover...
China’s Huawei says sales down 16.5% amid US sanctions
<p>BEIJING — Embattled Chinese tech giant Huawei said Wednesday first-quarter revenue fell after it sold its lower-priced Honor smartphone brand, but profitability improved. </p>
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Facebook reports soaring quarterly ad revenue, stock jumps
Facebook's stock is trading higher after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.
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Boeing posts $537 million loss in Q1, less than a year ago
<p>Boeing Co. reported a wider than expected first-quarter loss on Wednesday, although revenue met Wall Street forecasts as the company generated cash by delivering...
Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease
<p>LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...
Norfolk Southern’s Q1 profit improves as economy recovers
<p>OMAHA, Neb. — Norfolk Southern's profit improved in the first quarter as the railroad hauled 3% more freight while the economy continued to recover...
Facebook reports soaring quarterly ad revenue, stock jumps
<p>Facebook's stock is trading higher after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.</p>
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Restructuring Deutsche Bank shows best quarter in 7 years
FRANKFURT, Germany — Deutsche Bank saw its strongest quarterly profits in seven years as the bank's long-running restructuring showed in lower costs and as...
Microsoft beats Wall Street expectations for early 2021
<p>Microsoft’s business beat Wall Street expectations for the first three months of 2021, thanks to ongoing demand for its software and cloud computing services...