Earnings


Goldman Sachs’ 2Q Profit Up 44 Percent; CEO Blankfein to Retire

Goldman Sachs’ profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank’s core franchises: advising companies on mergers, acquisitions and other deals,…

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Valeant, a New Business Model and Now, a New Name

Valeant Pharmaceuticals, which fell under withering scrutiny after acquiring the rights to drugs and then drastically raising their prices, is changing its name. The Canadian company said Tuesday that it…

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Teva Buoyed by First Quarter Earnings

Israeli generic drug maker Teva Pharmaceutical Industries says earnings jumped sharply in the first quarter of 2018 as it pressed forward with an aggressive cost-cutting program. Teva said it posted…

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UPS Reports 15 Percent Rise In 1Q Profit

More deliveries and higher revenue per package boosted first-quarter profit at UPS; but the company was hampered by rising costs, as it upgrades its network to keep up with online…

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Sears: 4Q Sales Drop But It Expects a Profit

Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform. Sears, which…

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