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Finance News

Visa's 2Q profit jumps 26 percent as payments grow

Visa's 2Q profit jumps 26 percent as payments grow

65 mins ago
Visa Inc.'s profit jumped 26 percent in its fiscal second quarter from a year earlier as the company benefited from strong growth in payments volume, service revenue and a one-time tax gain. Full Story
UPS blames winter weather for drop in 1Q profit

UPS blames winter weather for drop in 1Q profit

2 hours 11 mins ago
DALLAS (AP) — First-quarter net income at UPS slumped 12 percent as winter storms increased costs for the shipping giant and cut into its revenue. Full Story
Manufacturers see better times for economy, jobs

Manufacturers see better times for economy, jobs

4 hours 20 mins ago
NEW YORK (AP) — Companies are finally starting to spend some of the cash they've been sitting on, and that could mean a stronger economy and more jobs are on the way. Full Story
GM profit sinks; CEO sees no recall hit to sales

GM profit sinks; CEO sees no recall hit to sales

5 hours 15 mins ago
DETROIT (AP) — The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales. Full Story
For airlines not named United, it was a great 1Q

For airlines not named United, it was a great 1Q

5 hours 20 mins ago
DALLAS (AP) — Even with the turbulence of severe winter storms and stubbornly high fuel prices, many of the major airlines are cruising and their stock prices are soaring. Full Story

Other Top Stories

GM 1Q profit dragged down by recalls

GM 1Q profit dragged down by recalls

11 hours 26 mins ago
DETROIT (AP) — General Motors on Thursday reported its worst financial results in more than four years as the costs of a series of recalls dragged down earnings. Full Story
New drug sales help boost Novartis Q1 profit

New drug sales help boost Novartis Q1 profit

7 hours 31 mins ago
GENEVA (AP) — Strong new drug sales and higher operating income helped Swiss pharmaceutical firm Novartis AG report a 24 percent rise in first-quarter profit. Full Story
Caterpillar 1Q profit climbs 5 pct, forecast rises

Caterpillar 1Q profit climbs 5 pct, forecast rises

8 hours 19 mins ago
Caterpillar's first-quarter earnings rose 5 percent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results. Full Story