Earnings surprises

FILE - In this Aug. 8, 2019, file photo packets of Simply Heinz ketchup fill a cafeteria condiment box in New York. The Kraft Heinz Company reports financial results Thursday, Oct. 31. (AP Photo/Richard Drew, File)
October 31, 2019 - 1:05 pm
It's no picnic at Kraft Heinz Co. Four years after a merger that promised growth and innovation, the maker of iconic brands like Oscar Meyer, Kool-Aid and Jell-O is struggling to find its place in a rapidly changing market. Sales are faltering as consumers increasingly seeking fresh, minimally...
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FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. Altria swung to a loss in the third quarter as it wrote down the value of its investment in e-cigarette maker Juul. Altria bought roughly a third of Juul for $13 billion last December. Since then, an outbreak of vaping illnesses - some deadly - has led to multiple investigations, with Juul no longer advertising its products in the U.S. (AP Photo/Seth Wenig, File)
October 31, 2019 - 12:18 pm
WASHINGTON (AP) — Altria Group swung to a loss in the third quarter as it wrote down the value of its investment in e-cigarette maker Juul, which has become the primary target of a political backlash against vaping. Richmond, Virginia-based Altria bought roughly a third of Juul for $13 billion last...
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October 31, 2019 - 9:19 am
RICHMOND, Va. (AP) — Altria Group swung to a loss in the third quarter as it wrote down the value of its investment in e-cigarette maker Juul. Richmond, Virginia-based Altria bought roughly a third of Juul for $13 billion last December. Since then Juul has been hit by new federal and state...
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FILE - In this Aug. 16, 2019, file photo the logo for General Electric appears above a trading post on the floor of the New York Stock Exchange. General Electric Co. reports financial earns on Wednesday, Oct. 30. (AP Photo/Richard Drew, File)
October 30, 2019 - 6:52 am
BOSTON (AP) — General Electric is reporting third-quarter losses that were not as bad as expected and it's raising its expectations for industrial free cash flow despite a damaging trade fight and ongoing problems with Boeing's 737 Max. The Boston company on Wednesday reported a loss of $9.42...
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In this July 19, 2019, photo, people walk out from the headquarters of Sony Corp., in Tokyo. Sony Corp. says its net profit fell 15% in the first half of the year, though strong sales of entertainment and imaging sensors offset weakness in the games sector. The company said Wednesday, Oct. 30, that its sales dipped 2% from a year earlier in April-September, to 4 trillion yen ($37.2 billion).(AP Photo/Koji Sasahara)
October 30, 2019 - 6:19 am
TOKYO (AP) — Sony Corp. said Wednesday that its net profit fell 15% in the first half of the year, though strong sales of entertainment and imaging sensors offset weakness in the games sector. Tokyo-based Sony, which makes Bravia digital TVs and the Aibo robotic dog, upgraded its earnings forecast...
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FILE - In this April 26, 2019, file photo, RELPAX migraine pills manufactured by Pfizer are arranged for a photo in Doral, Fla. Pfizer Inc. reports financial earns Tuesday, Oct. 29. (AP Photo/Wilfredo Lee, File)
October 29, 2019 - 8:07 am
Pfizer's third-quarter profit nearly doubled after it booked a $8.1 billion gain on the creation of a consumer health products joint venture, part the drugmaker's plan to narrow its focus on cancer treatments and other innovative medicines. The New York company's profit handily beat Wall Street...
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FILE - In this April 26, 2019, file photo, RELPAX migraine pills manufactured by Pfizer are arranged for a photo in Doral, Fla. Pfizer Inc. reports financial earns Tuesday, Oct. 29. (AP Photo/Wilfredo Lee, File)
October 29, 2019 - 7:13 am
NEW YORK (AP) — Pfizer is reporting a huge jump in third quarter profits and is raising its outlook for the year. The drugmaker on Tuesday reported earnings of $7.68 billion, or $1.36 per share. Removing one-time charges, per-share earnings were 75 cents, or 12 cents better than Wall Street had...
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FILE - In this Sept. 24, 2019, file photo a woman walks below a Google sign on the campus in Mountain View, Calif. Alphabet Inc., parent company of Google reports financial earns on Monday, Oct. 28. (AP Photo/Jeff Chiu, File)
October 28, 2019 - 7:18 pm
SAN FRANCISCO (AP) — Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell more than 2% in after-hours trading. Still, the company met growth expectations for its key moneymaking businesses...
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FILE - In this Sept. 24, 2019, file photo a woman walks below a Google sign on the campus in Mountain View, Calif. Alphabet Inc., parent company of Google reports financial earns on Monday, Oct. 28. (AP Photo/Jeff Chiu, File)
October 28, 2019 - 5:02 pm
SAN FRANCISCO (AP) — Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell almost 3% immediately in after-hours trading, although it later made up roughly half of that drop. The company...
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FILE - In this June 26, 2019, file photo a worker sorts through items and places orders at the Amazon Fulfillment Center in Staten Island in New York. Amazon.com Inc. reports financial earns on Thursday, Oct. 24. (AP Photo/Kathy Willens, File)
October 24, 2019 - 7:20 pm
NEW YORK (AP) — Amazon's push for faster delivery is hurting its profits. The online retailer said its third-quarter net income fell 26% from a year ago, missing Wall Street expectations. Its sales outlook for the holiday shopping season also disappointed analysts, and its stock sank 7% in after-...
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