Corporate stock

May 28, 2020 - 3:41 pm
DETROIT (AP) — Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics. The electric car and solar panel maker’s board certified that Musk earned the big payout...
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A pedestrian browses the display window at The Loop fashion and shoe store as businesses slowly begin to reopen after social distancing restrictions shuttered storefronts nationwide, Tuesday, May 26, 2020, in Yonkers, N.Y. (AP Photo/John Minchillo)
May 26, 2020 - 1:36 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the virus. ________________________ GREEN SHOOTS: States are in varying degrees of reopening...
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FILE - In this Monday, April 27, 2020. file photo, Volkswagen CEO Herbert Diess wears a face mask as he attends the restart of the production at the VW headquarters plant in Wolfsburg, Germany. Volkswagen is gradually launch the production at important plants after the corona lockdown. (Swen Pfoertner/dpa via AP)
May 20, 2020 - 3:37 am
FRANKFURT, Germany (AP) — Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees...
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FILE - This Oct. 14, 2017 file photo shows an aerial view shows the devastation of the Coffey Park neighborhood after the Tubbs swept through in Santa Rosa, Calif. Pacific Gas & Electric says its plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility's fraying electrical grid. The victims backed PG&E's blueprint despite concerns that they will be shortchanged by a $13.5 billion fund that's supposed to cover their losses. The preliminary results of a vote announced Monday, May 18, 2020, keep PG&E on track for meeting a June 30 deadline to get out of bankruptcy so it can qualify for coverage from a California wildfire insurance fund that was created to help protect the utility from getting into financial trouble again. (AP Photo/Marcio Jose Sanchez, File)
May 18, 2020 - 1:55 pm
BERKELEY, Calif. (AP) — Pacific Gas & Electric's plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility's fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion fund...
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FILE - In this Nov. 21, 2019, file photo, Tesla CEO Elon Musk introduces the Cybertruck at Tesla's design studio in Hawthorne, Calif. Tesla CEO Elon Musk appears to have hit all the milestones necessary to receive a stock award currently worth about $730 million to pad the eccentric billionaire's already vast fortune. The electric car maker ended Wednesday, May 6, 2020, with an average market value of $100.4 billion for the past six months, according to data drawn from FactSet Research. (AP Photo/Ringo H.W. Chiu, File)
May 06, 2020 - 4:26 pm
BERKELEY, Calif. (AP) — Tesla CEO Elon Musk appears to have hit all the milestones he needed to receive a stock award now worth about $730 million, a payday that will further pad the eccentric billionaire’s vast fortune. The electric car maker ended Wednesday with an average market value of $100.4...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 1, 2020. Shares have dropped in Asia after Wall Street ended its best month in 33 years with losses on fresh news of economic carnage from the coronavirus pandemic. (AP Photo/Eugene Hoshiko)
May 01, 2020 - 12:44 pm
Stocks headed broadly lower on Wall Street Friday after Amazon and other big companies reported disappointing results, the latest evidence of how the coronavirus pandemic is hobbling the economy and hurting corporate earnings. A day after closing out its best month since 1987, the S&P 500 was...
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FILE - This Aug. 11, 2019, file photo shows a Visa logo on a credit card in New Orleans. Visa said Thursday, April 30, 2020, that its fiscal second-quarter profits increased 3.6% from a year earlier, helped by growth in payments being processed over the company's namesake network. (AP Photo/Jenny Kane, File)
April 30, 2020 - 3:14 pm
Visa said Thursday that its fiscal second-quarter profits increased 3.6% from a year earlier, helped by growth in payments being processed over the company's namesake network. The San Francisco-based company reported net income of $3.08 billion, or $1.38 per share, in the three months ended March...
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CORRECTS TO 15% TO $34.3 BILLION NOT NEARLY 16% TO $31.3 BILLION FILE - In this Oct. 20, 2019, file photo, the company logo stands over a long row of unsold vehicles at a Ford dealership in Littleton, Colo. Ford Motor Co. posted a $2 billion first-quarter net loss, blaming nearly all of it on the negative effects of the coronavirus. The automaker said Tuesday, April 28, 2020 that its revenue from January through March fell nearly 15% to $34.3 billion as most of its factories were shut down for the final week of the quarter. (AP Photo/David Zalubowski, File)
April 28, 2020 - 3:05 pm
DETROIT (AP) — Ford Motor Co. posted a $2 billion first-quarter net loss, blaming nearly all of it on the impact of the coronavirus outbreak. The automaker said Tuesday that its revenue from January through March fell nearly 15% to $34.3 billion as most of its factories were shut down for the final...
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FILE - In this Monday, June 24, 2019, file photo, a CSX freight train rolls past downtown Pittsburgh. CSX Corp. said Wednesday, April 22, 2020, its first-quarter profit slipped 8% and the railroad withdrew its outlook for the year because of the ongoing economic uncertainty brought on by the coronavirus outbreak. (AP Photo/Gene J. Puskar, File)
April 22, 2020 - 3:52 pm
OMAHA, Neb. (AP) — CSX Corp. said Wednesday that its first-quarter profit slipped 8% and the railroad withdrew its outlook for the year because of the ongoing economic uncertainty brought on by the coronavirus outbreak. The Jacksonville, Florida- based company said it earned $770 million, or $1 per...
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April 10, 2020 - 1:46 am
PARIS (AP) — Renault says it is seeking billions in state-backed loans, cancelling its dividend for 2019 and its chairman is taking a pay cut, as the French automaker tries to weather the coronavirus crisis. Jean-Dominique Senard’s pay will be cut by 25% for the second quarter of 2020. But...
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