category

Earnings Report

Lilly reports 4Q loss

Eli Lilly and Co. (LLY) on Wednesday reported a fourth-quarter loss of $1.66 billion, after reporting a profit in the same period a year earlier.

Homebuilder D.R. Horton's profit drops 8.5%

D.R. Horton Inc reported an 8.5 percent drop in first-quarter profit on Wednesday as the No.1 U.S. homebuilder took a charge of $108.7 million due to changes in the tax law.

Siemens sales, orders rise on strengthening global economy

Industrial equipment maker Siemens AG says its net income rose 12 percent to 2.2 billion euros ($2.7 billion) in the last three months of 2017, helped by one-time gains from the sale of shares in its Osram lighting business and from the U.S. corporate tax cut.