Earnings Report

HSBC is reporting that pretax profit rose 12 percent in the first half as revenue expanded faster than costs and higher interest rates fattened margins for its Hong Kong lending business.

HSBC is reporting that pretax profit rose 12 percent in the first half as revenue expanded faster than costs and higher interest rates fattened margins for its Hong Kong lending business.

HSBC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe's biggest bank.

HSBC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe's biggest bank.

Shares were mixed in Asia early Monday, with Chinese markets shrugging off weaker factory output indicators while Japan's Nikkei index sagged as the yen surged against the dollar.

Shares were mixed in Asia early Monday, with Chinese markets shrugging off weaker factory output indicators while Japan's Nikkei index sagged as the yen surged against the dollar.

U.S. stocks followed other markets lower on Friday after Amazon and several other big companies reported quarterly results that underwhelmed investors.

U.S. stocks followed other markets lower on Friday after Amazon and several other big companies reported quarterly results that underwhelmed investors.

Stock markets around the world sagged on Friday after Amazon and other big companies reported quarterly results that underwhelmed investors.

The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies.

The latest on developments in financial markets (All times local): 9:35 a.m.

American Airlines (NASDAQ:AAL) shares fell slightly in trading Friday after higher fuel and labor costs caused second-quarter profit to drop 15%, even as revenue increased.

American Airlines (NASDAQ:AAL) shares fell slightly in trading Friday after higher fuel and labor costs caused second-quarter profit to drop 15%, even as revenue increased.

Exxon Mobil is reporting second-quarter profit of $3.35 billion.

Iron Mountain Inc. (IRM) on Friday reported a key measure of profitability in its second quarter.

Merck is reporting second-quarter net income of $1.95 billion.

Chevron logged record production in the Permian Basin of Texas and New Mexico.

Higher prices and overseas operations boost earnings at the world's largest publicly traded oil company.

Higher prices and overseas operations boost earnings at the world's largest publicly traded oil company.

Asian shares slid Friday as investors assessed corporate earnings reports, with a sell-off in Wall Street tech stocks pressuring sentiment.