The automaker and burgeoning energy power reported a quarterly loss of $184 million, almost exactly triple its loss from the same quarter last year, though revenue did increase 20%.
Caterpillar profits plummet ... Falling fuel prices help United ... Qualcomm slashing 15% of its workforce ... Apple chip provider SK Hynix increases net profit but misses estimates.
Some analysts predict that the Apple faithful will help the company command more than 55% of the smartwatch market, but will overall sales be enough for the Watch's first generation?
'The environment remains one of slow growth and volatility, particularly in growth markets, while the U.S. is gradually improving.'
The appliance giant grew 7% during the second quarter — all of it organic, according to the company — despite the Department of Justice blocking its planned acquisition of GE's appliance division.
Poor weather, including a pair of cyclones in western Australia, reduced capacity for the company, which downgraded its annual forecast by about 10 million tonnes.
The country's largest aluminum producer reported a net income of $140 million for the second quarter on total sale of $5.9 billion, both up slightly from last year.