NewzLONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $7.69 billion in its second quarter. The London-based bank said it had earnings of $2.25 per share. The bank posted revenue of $34.23 billion in the period.
Its revenue net of interest expense was $19.12 billion, which beat Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSBC at https://www.zacks.com/ap/HSBC Source
LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported second-quarter net income of $3.91 billion. On a per-share basis, the London-based company said it had net income of $1.47. Earnings, adjusted for non-recurring costs, came to $2.22 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share. The oil and gas company posted revenue of $70.11 billion in the period.
BP shares have climbed 27% since the beginning of the year. The stock has risen 39% in the last 12 months. Access a Zacks stock report on BP at https://www.zacks.com/ap/BP Source
TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Wix.com Ltd. (WIX) on Tuesday reported a loss of $76.4 million in its second quarter. The Tel Aviv, Israel-based company said it had a loss of $1.78 per share.
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