Tag: Financial performance
Year starts with slowed credit spending at American Express
NEW YORK — American Express was hit by a slowdown in credit spending and revenue slid, but earnings topped expectations thanks to $1.05 billion...
Daimler profit jumps to 4.4 billion euros, margin outlook up
<p>FRANKFURT, Germany — German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros in the first three months...
Year starts with slowed credit spending at American Express
<p>NEW YORK — American Express was hit by a slowdown in credit spending and revenue slid, but earnings topped expectations thanks to $1.05 billion...
Swiss authority to probe Credit Suisse over trading losses
GENEVA — Switzerland’s financial markets authority said Thursday it is looking into possible penalties against Credit Suisse after the top-drawer bank announced “significant losses”...
AT&T shares rise after Q1 results top analyst estimates
Shares of AT&T Inc. rose Thursday after the telecom giant's first-quarter results topped analyst expectations.
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US airline bailout helps Southwest post $116 million profit
DALLAS — Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost...
Union Pacific profit down 9% but economy will grow in 2021
OMAHA, Neb. — Union Pacific's first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy...
Swiss authority to probe Credit Suisse over trading losses
<p>GENEVA — Switzerland’s financial markets authority said Thursday it is looking into possible penalties against Credit Suisse after the top-drawer bank announced “significant losses”...
US aid lifts Southwest to Q1 profit, American loses $1.25B
With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines...
US airline bailout helps Southwest post $116 million profit
<p>DALLAS — Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost...