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Headlines from the Associated Press

Headlines from the Associated Press

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At GE, a new urgency to return to industrial roots

Fri, 20 Oct 2017 21:30:10 GMT2017-10-20T21:30:10Z

NEW YORK (AP) -- General Electric's new CEO is starting to lay out bold plans to return the conglomerate to its industrial roots by slashing costs and streamlining its operations....

Goldman Sachs' results beat forecasts despite trading drop

Tue, 17 Oct 2017 14:28:37 GMT2017-10-17T14:28:37Z

NEW YORK (AP) -- Goldman Sachs' third-quarter profits fell 3 percent from a year earlier, as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also affected most of its competition. The results still beat analysts' forecasts, however....

Wealth management drives Morgan Stanley's profit higher

Tue, 17 Oct 2017 12:28:13 GMT2017-10-17T12:28:13Z

NEW YORK (AP) -- Investment bank Morgan Stanley said Tuesday that its third-quarter profits rose 12 percent, as the firm's wealth management arm was able to earn more money despite a slow summer in the markets....

Johnson & Johnson

Tue, 17 Oct 2017 10:59:49 GMT2017-10-17T10:59:49Z

NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson is reporting third-quarter earnings of $3.76 billion....

Wells Fargo 3Q delivers an unwelcome surprise for investors

Fri, 13 Oct 2017 16:01:05 GMT2017-10-13T16:01:05Z

NEW YORK (AP) -- Wells Fargo's third-quarter profits took a beating this quarter, falling 18 percent, after the bank had to set aside about $1 billion for legal expenses related to its mortgage practices before the financial crisis....