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Disney tops earnings estimates ahead of streaming launch

Agence France-Presse
Posted at Nov 08 06:42 AM

Walt Disney Co. on Thursday reported better-than-expected quarterly results, fueled by the release of blockbuster films "Aladdin" and "The Lion King" as it prepared for its new streaming television service. Read more »

Twitter tumbles as 'bugs' hit revenue growth

Rob Lever, Agence France-Presse
Updated as of Oct 25 08:24 AM

Twitter shares plunged Thursday after reporting that "bugs" impacted its ad-targeting ability, pulling down revenue growth in the past quarter. Read more »

Speedy delivery hits Amazon's bottom line; shares slump

Glenn Chapman, Agence France-Presse
Updated as of Oct 25 08:23 AM

Amazon on Thursday reported that quarterly profits shy of Wall Street forecasts, sending shares of the tech giant tumbling in after-market trades. Read more »

Tesla shares rev higher after update on profits, China

Agence France-Presse
Posted at Oct 24 06:56 AM

Tesla shares raced higher in after-hours trading after the company announced its factory in China had started production, while a quarterly update showed better-than expected financial results.  Read more »

Cloud computing gains drive up profit for Microsoft

Agence France-Presse
Updated as of Oct 24 08:40 AM

Microsoft reported Wednesday that quarterly profits rose on the back of its thriving cloud computing business which has become a core focus for the US technology giant.  Read more »

US banks report mixed earnings amid Fed rate shifts, trade uncertainty

John Biers, Agence France-Presse
Posted at Oct 16 06:50 AM

Large US banks reported mixed quarterly results on Tuesday, challenged by a shifting interest rate landscape and uncertainty about global trade but bolstered in some cases by strong consumer activity. Read more »

Samsung forecasts profit drop for fourth consecutive quarter

Sunghee Hwang, Agence France-Presse
Posted at Oct 08 11:22 AM

Operating profit for July to September was forecast to reach 7.7 trillion won ($6.4 billion), down 56.2 percent from a year earlier, the world's largest maker of smartphones and memory chips said in a statement. Read more »

Scarlett Johansson tops Forbes best-paid actress list for 2nd year

Agence France-Presse
Posted at Aug 24 06:04 AM

LOS ANGELES, United States—Superhero Black Widow is a woman at the top of her game, and so is the actress who plays her—Scarlett Johansson is the world's highest paid actress for the second year in a row, according to Forbes' annual ranking published Friday. Read more »

PH tourism earns P245-B in first half of 2019

ABS-CBN News
Posted at Aug 16 08:48 PM

Local tourism generated revenues worth P245 billion in the first half of 2019, thanks to international visitors' spending, according to DOT on Friday. Read more »

Walmart lifts profit forecast on strong US sales, limited tariff hit

John Biers, Agence France-Presse
Posted at Aug 16 07:06 AM

Walmart lifted its full-year profit forecast Thursday after better-than-expected results on solid US consumer spending, reflecting confidence that trade frictions will not significantly dent earnings. Read more »

SM Investments net income up 27 percent in first half

ABS-CBN News
Posted at Aug 07 01:09 PM

Consolidated revenues rose to 14 percent to P233.7 billion for the first half from P204.3 billion during the same period last year, the Sy-led group said in a disclosure to the stock exchange.  Read more »

Disney sees box office gains, but earnings fall short

Agence France-Presse
Updated as of Aug 07 09:11 AM

Walt Disney Co. said Tuesday second-quarter results were lifted by strong box office gains but failed to meet Wall Street forecasts, sending shares sharply lower. Read more »

Petron net income falls in first half as excise taxes bite

ABS-CBN News
Posted at Aug 06 05:51 PM

Petron disclosed on Tuesday that its net income fell "significantly" in the first half as local revenues were affected by the second round of fuel excise tax hikes.  Read more »

Ayala Land income up 12 percent to P15.2 billion in 1H

ABS-CBN News
Posted at Aug 05 04:33 PM

 Ayala Land posted a 12 percent increase in net income to P15.2 billion in the first six months of 2019, the company said Monday. Read more »

Apple gets lift from services, offsetting iPhone weakness

Glenn Chapman, Agence France-Presse
Updated as of Jul 31 08:06 AM

Apple on Tuesday delivered stronger-than-expected results in the just-ended quarter as growth from services helped offset weak iPhone sales, sparking a rally in shares of the tech giant. Read more »

Mattel reports smaller loss on higher 'Barbie,' 'Toy Story 4' sales

Agence France-Presse
Posted at Jul 26 07:32 AM

Mattel on Thursday reported a smaller loss in the second quarter, following sales growth in key franchises including Barbie, Hot Wheels and Toy Story 4. Read more »

Google/Alphabet sees fresh growth amid antitrust woes

Agence France-Presse
Posted at Jul 26 07:31 AM

Google parent Alphabet's stock price leaped Thursday after reporting stronger-than-expected results in a quarterly update coming amid growing scrutiny of technology firms by antitrust regulators. Read more »

Amazon pays a price for one-day delivery as profit growth slows

Rob Lever, Agence France-Presse
Posted at Jul 26 07:00 AM

Amazon appeared to pay a hefty price for its move to speedy shipping, as the online giant reported profits below expectations as it ramped up for one-day deliveries. Read more »

Big restructuring costs hit Ford earnings

Agence France-Presse
Posted at Jul 25 07:04 AM

Ford reported a steep decline in second-quarter profits on Wednesday due to large restructuring costs and a disappointing earnings forecast for the year, sending shares sharply lower.   Read more »

Coca-Cola profits exceed estimates, shares bubble up

John Biers, Agence France-Presse
Posted at Jul 24 09:13 AM

The soda giant increased profit and revenue targets for the year following the better-than-expected quarter, with gains in North America helping to offset the hit from a strong dollar which made products more expensive in some overseas markets. Read more »