Month: November 2018

Shares of the The New York Times jumped Thursday after the company reported third-quarter earnings that beat on the top and bottom lines. The company also reported more than 3 million digital-only subscriptions and 4 million total subscriptions as of the end of the quarter. Here’s how the company did compared with what Wall Street
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Chris Hondros | Getty Images A man exits the American International Building, world headquarters of American International Group (AIG). American International Group reported a smaller quarterly loss on Thursday as reinsurance pacts helped offset catastrophe losses in Japan and North America. The insurer posted a net loss of $1.26 billion, or $1.41 per share, for
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Credit Suisse reported lower-than-expected net income results for the third quarter of the year, after a challenging summer and increased volatility in emerging markets. Net income stood at 424 million Swiss francs, a 74 percent increase from a year ago. However, the numbers missed analysts’ forecast of 449 million Swiss francs, according to data from
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