Tag: Earnings reports

IBM reports first revenue growth since 2012

NEW YORK — IBM reported its first quarter of revenue growth in more than five years as the company ramps up its cloud computing...
Morgan Stanley’s profits fall 59 percent due to tax bill

NEW YORK — Morgan Stanley's earnings fell 59 percent in the fourth quarter, the company said Thursday, as the investment bank had to book...
Alcoa reports deeper 4Q loss as restructuring continues

PITTSBURGH — Alcoa Corp. said Wednesday that its fourth-quarter loss widened to $196 million as it continued working to streamline operations. ...
Goldman Sachs posts $1.9 billion loss due to new tax law

NEW YORK — Goldman Sachs posted a $1.93 billion loss in the fourth quarter as the investment bank had to record more than $4...
Bank of America 4Q profits fall by 48 percent due to tax law

NEW YORK — Bank of America said Wednesday that its fourth-quarter profits fell by nearly half from a year ago, as the bank had...
CSX 4Q profit up 25 percent and railroad gets tax-cut boost

OMAHA, Neb. — CSX Corp. reported Tuesday that its fourth-quarter profit grew 25 percent as it further cut expenses, and on top of it...
Citigroup reports $18.3 billion loss, caused by new tax law

NEW YORK — Citigroup reported an $18.3 billion loss in the fourth quarter on Tuesday — effectively wiping out the company's full-year 2017 profit...
Tax break helps UnitedHealth 4Q earnings, 2018 guidance soar

UnitedHealth Group's earnings more than doubled in the final quarter of 2017, and the nation's largest insurer hiked its forecast well beyond expectations largely...
Asian stocks advance as investors look ahead to US earnings

BEIJING — Asian stock markets were mostly higher Tuesday following a holiday for U.S. markets as investorsed look ahead to American corporate earnings. ...
This Week: UnitedHealth, industrial production, housing data

A look at some of the key business events and economic indicators upcoming this week: ...

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