Earnings Report

3M plans to cut 2,000 globally as part of a restructuring due to a slower-than-expected 2019.

United Parcel Service's first quarter financial results fell short of Wall Street forecasts as the package-delivery company's revenue flat-lined A series of harsh storms during the quarter cut into revenue while the company ramped up spending on a reorganization program.

Altria Group on Thursday reported first quarter profit of $1.12 billion.

The chain's parent company said that strike led to “lower sales, increased shrink of seasonal and perishable inventory and additional supply chain costs.”

Telecoms gear maker Nokia has reported a surprise first-quarter loss amid tougher competition for the new, superfast wireless 5G networks that are expected to increase in business this year.

Valero Energy Corp. on Thursday reported first quarter earnings of $141 million.

That makes it the third U.S. company to top $1 trillion in market capitalization.

The job cuts, part of moves to restructure its businesses into four operating units from five, would result in an estimated annual pre-tax savings range of $225 million to $250 million, with $100 million in the remainder of 2019.

Freeport-McMoRan Inc. on Thursday reported first quarter profit of $31 million.

Bristol-Myers Squibb Co. on Thursday reported first quarter profit of $1.71 billion.

Hershey Co. on Thursday reported first quarter profit of $304.4 million.

The Dallas-based carrier canceled more than 10,000 flights in the quarter.

Japanese video game maker Nintendo Co. is reporting a 39% rise in profit for the fiscal year through March on healthy software sales for its popular Switch console.

U.S. stocks followed a record-setting day with more subdued trading Wednesday as investors continue digesting a steady flow of corporate earnings and a potential break in the trade war between the U.S. and China.