Corporate stock

In this June 24, 2019, photo a CSX freight train rolls past downtown Pittsburgh. CSX Corp. reports financial results on Tuesday, July 16. (AP Photo/Gene J. Puskar)
July 16, 2019 - 5:07 pm
JACKSONVILLE, Fla. (AP) — CSX second-quarter profit slipped 1%, falling short of what Wall Street expected as the railroad hauled 4% less freight. The Jacksonville, Florida-based company said it earned $870 million, or $1.08 per share, in the quarter. That's down from $877 million, or $1.01 per...
Read More
July 09, 2019 - 10:37 am
MOJAVE, Calif. (AP) — Richard Branson's space-tourism venture, Virgin Galactic, is planning to go public, creating the first listed human spaceflight firm. Virgin Galactic said Tuesday it is merging with Social Capital Hedosophia, whose CEO, Chamath Palihapitiya, will become chairman of the...
Read More
July 09, 2019 - 4:05 am
BERLIN (AP) — Shares in Germany-based chemicals maker BASF have dropped after the company issued a profit warning, citing factors that included declining global auto production, weakness in the North American agricultural sector and trade conflicts. BASF shares dropped 5.1% to 59.38 euros ($66.62)...
Read More
Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 11:05 am
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
Read More
June 27, 2019 - 4:32 pm
NEW YORK (AP) — The Federal Reserve has approved all the capital plans that the nation's 18 largest banks submitted as part of this year's stress tests. That means that the Fed determined banks like JPMorgan Chase, Citigroup and Bank of America can raise their dividends and buy back more shares...
Read More
FILE - In this March 14, 2019, file photo Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio in Hawthorne, Calif. Musk says in an internal memo that Tesla has enough orders to set a record, but it’s having trouble shipping vehicles to the right locations.(AP Photo/Jae C. Hong, File)
June 26, 2019 - 11:20 am
DETROIT (AP) — Tesla is close to setting a quarterly record for deliveries, but the company is having trouble shipping vehicles to the right places as the second quarter comes to a close, CEO Elon Musk told workers in an internal memo. Musk wrote that the company could break the record of 90,700...
Read More
FILE - This May 2, 2016, file photo, shows the Adonia cruise ship arriving in Havana, Cuba, from Miami. Cruise ship operator Carnival is citing the U.S. ban on cruises to Cuba among factors that will cause its full-year earnings to fall short of expectations. The Miami company's second quarter profit fell 20%, although the results were better than Wall Street expected. (AP Photo/Desmond Boylan, File)
June 20, 2019 - 5:59 pm
MIAMI (AP) — Shares of cruise line operator Carnival Corp. fell Thursday after the company reported a 20% drop in quarterly profit and cut its full-year earnings forecast partly because of the Trump administration's decision to ban cruises between the U.S. and Cuba. Carnival earned $451 million in...
Read More
Slack CEO Stewart Butterfield poses for photos outside the New York Stock Exchange before his company's IPO, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 2:29 pm
NEW YORK (AP) — Slack's newly public shares aren't slacking off. The work messaging service's market value grew 60% after it started trading Thursday under the ticker "WORK." Slack's debut is the latest in several highly anticipated initial public offerings of stock for tech companies. While some...
Read More
Slack co-founders Cal Henderson, left, and Stewart Butterfield pose for photos outside the New York Stock Exchange before their company's IPO, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 12:31 pm
NEW YORK (AP) — The Latest on Slack's IPO (all times local): 12:30 p.m. Shares of work messaging platform Slack have begun trading on the New York Stock Exchange under the ticker "WORK." The San Francisco company's shares opened trading at $38.25 and quickly jumped 9 percent to $42 in midday...
Read More
FILE - In this March 11, 2019, file photo Sotheby's Chairman Domenico De Sole, second from right, is applauded by CEO Tad Smith, right, and others as he rings the New York Stock Exchange opening bell to celebrate the company's 275th anniversary. BidFair USA is taking auction house Sotheby's private in a deal valued at $3.7 billion. BidFair USA will pay $57 per share, which is a 61% premium to the company's closing stock price. (AP Photo/Richard Drew, File)
June 17, 2019 - 11:01 am
NEW YORK (AP) — Billionaire entrepreneur and art collector Patrick Drahi is taking auction house Sotheby's private in a deal valued at $3.7 billion. Drahi, through his BidFair USA company, will pay $57 per share, which is a 61% premium to the company's Friday closing stock price. "This acquisition...
Read More

Pages