On a roll: Sales of super-expensive Rolls-Royce cars are up 33 percent globally
Sales of luxury Rolls-Royce cars, which cost hundreds of thousands of dollars, soared all around the world during the first half of the year, even in Europe which is recovering slowly from recession.
Samsung's operating profit hits 2-year low in Q2 on strong won, weak smartphone sales
Samsung Electronics Co. says its second-quarter operating income has declined to a two-year low.
Spam maker Hormel bulks up by buying Muscle Milk maker CytoSport for $450M
The maker of Spam is bulking up on its protein with Muscle Milk.
Business Highlights
___ Georgia lawsuit still causing trouble for GM DETROIT (AP) — For more than a year, a lawsuit filed by Brooke Melton's family has caused major migraines for General Motors.
Athletic shoe retailer Finish Line reports that 1Q profit more than doubled; shares rise
The Finish Line Inc. said Friday that its net income more than doubled in the first quarter from a year ago, as the sneaker and clothing retailer expanded its presence online and in Macy's stores around the country.
IntercontinentalExchange Tops Street in 1Q as Fees Grow
IntercontinentalExchange posted a first-quarter earnings and sales beat on Thursday as new revenue from the NYSE Group helped boost listing fees and it cleared more credit-default swaps.
IntercontinentalExchange Tops Street in 1Q as Fees Grow
IntercontinentalExchange posted a first-quarter earnings and sales beat on Thursday as new revenue from the NYSE Group helped boost listing fees and it cleared more credit-default swaps.
IntercontinentalExchange Tops Street in 1Q as Fees Grow
IntercontinentalExchange posted a first-quarter earnings and sales beat on Thursday as new revenue from the NYSE Group helped boost listing fees and it cleared more credit-default swaps.
Citi's Soaring 4Q Profits Fail to Impress the Street
The No. 3 U.S. bank missed on both the top and bottom lines in the fourth quarter, sending its shares 3% lower.
Improved Credit Picture Boosts Wells Fargo's 4Q Profits
Wells Fargo, the fourth largest U.S. bank by assets, reported a 10% jump in fourth quarter profits compared with 2012.
RBS Reveals Internal 'Bad Bank' Plan, 3Q EPS Miss
RBS' 'bad bank' is part of a raft of measures designed to heal the bank's relationship with the British government and speed up privatization.
Goldman Sachs Earnings Blow Past Expectations
The Wall Street heavyweight doubled its profits in the second quarter, easily trumping the Street's estimates.
AIG Swings to Loss on Lower Investment Income
American International Group Inc. swung to loss in the third quarter, falling short of Wall Street expectations as the giant insurer faces calls from shareholders Carl Icahn and John Paulson to break up.
PayPal Revenue Misses Estimates on Strong Dollar
PayPal Holdings Inc reported a lower-than-expected quarterly revenue as the payment processing company, spun off from eBay Inc, was hurt by a strong dollar.
American Express Misses Earnings Expectations
American Express Co, the world's largest credit card issuer, reported a 15.8% fall in quarterly profit due to higher expenses and a strong dollar.
Morgan Stanley Profit Plunges as Trading Revenue Slumps
Morgan Stanley's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid interest rate hike uncertainty.
JPMorgan Disappoints in Third Quarter
J.P. Morgan Chase & Co. said its third-quarter revenue declined as the bank wrestled with volatile markets and continued low interest rates.
JPM Revenue to be 'Same as Everyone Else'
The nation's biggest U.S. bank by assets is expected to see third-quarter revenue 'about the same as everybody else,' JPMorgan Chase Chief Executive Jamie Dimon said at an investor conference Friday.
Morgan Stanley Beats as Trading Revenue Rises
The second-biggest U.S. investment bank capped bank earnings season Monday, booking stronger-than-expected second-quarter profit as its bond and equities trading business handily outperformed those of its Wall Street rivals.
Goldman Sachs Pressured by Trading Revenue, Litigation
Goldman Sachs Group Inc reported its smallest quarterly profit in nearly four years on Thursday as it set aside more money to cover mortgage settlements and nervous investors pulled back from bond trading.











