Tag: Corporate stock
Warren Buffett’s firm reports $12B profit before its meeting
OMAHA, Neb. — Warren Buffett's company reported a nearly $12 billion profit in the first quarter a year after a major loss when the...
Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease
LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...
Ford posts surprise $3.26B 1Q profit; chip shortage looms
DETROIT — Ford Motor Co. says it made $3.26 billion in the first quarter, helped by rising vehicle prices and in spite of production...
BP to launch share buyback program after big profit spike
LONDON — BP said Tuesday that it would be returning around a half-billion dollars to shareholders after “significantly” higher oil prices contributed to a...
Union Pacific profit down 9% but economy will grow in 2021
OMAHA, Neb. — Union Pacific's first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy...
J&J records $100 million in sales from the COVID-19 vaccine
NEW BRUNSWICK, N.J. —
Johnson & Johnson had $100 million...
CN makes $33.7B bid for Kansas City Southern
A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.
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CSX 1Q profit dips 8% but railroad sees economy growing
OMAHA, Neb. — CSX Corp. said its first-quarter profit declined 8% due to higher expenses, but the railroad said it expects to benefit as...
Leadership shakeup continues at GameStop, CEO to depart
The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July.
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CoreCivic to settle shareholders lawsuit for $56 million
NASHVILLE, Tenn. — CoreCivic says it will pay $56 million to settle a lawsuit by shareholders who accused the private prison operator of inflating...