U.S. Stocks End a Week Lower After Tech Earnings

  • Taubman, a selling mall owner, pronounced that it would free 3 vital selling centers on May 6 as retailers aim to lapse to business: International Plaza in Tampa, Fla., The Mall during University Town Center in Sarasota, Fla., and City Creek Center in Salt Lake City, Utah. The association done a skeleton famous after Simon Property Group, a biggest mall user in a United States, pronounced that it designed to free 49 malls this weekend opposite 10 states. Macy’s, that also owns Bloomingdale’s and Bluemercury, pronounced on Thursday that it designed to open 68 stores on Monday.

  • Exxon Mobil pronounced on Friday that it mislaid $610 million in a initial 3 months of a year, compared with a benefit of $2.4 billion a year before, even yet total oil and healthy gas prolongation was adult 2 percent. It was a initial time given a partnership of Exxon and Mobil in 1999 that a association mislaid income in a quarter.

  • Toyota Motor pronounced it was loitering a restart of prolongation during a U.S. factories until May 11, one week after than it had formerly expected. The preference was formed on “an endless examination with a retailer and logistics network,” a association pronounced in a statement. “The health and reserve of a employees and stakeholders sojourn a tip priority.”

  • Chevron reported first-quarter gain on Friday of $3.6 billion, adult $1 billion from a year before. Sales were down by some-more than 10 percent as a association warned that a increase would be curtailed by low oil prices this year.

Reporting was contributed by Marc Tracy, David McCabe, Noam Scheiber, Jeanna Smialek, Vikas Bajaj, David Yaffe-Bellany, Clifford Krauss, Tamir Kalifa, Tara Siegel Bernard, Amy Haimerl, Kevin Granville, Alexandra Stevenson, Su-Hyun Lee, Austin Ramzy, Keith Bradsher, Geneva Abdul, Jack Nicas, Karen Weise, Gregory Schmidt and Niraj Chokshi.

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