TECH FIRMS SETTLE SUIT OVER WAGES
Top Google Inc. executives won't have to explain to a jury why
emails were sent to an irate Steve Jobs at Apple Inc. promising not
to recruit his employees. (published 2355 GMT Thursday)
MICROSOFT PROFIT BEATS ESTIMATES
Microsoft Corp.'s corporate profit engine is steaming along
under its new boss. (published 2317 GMT Thursday)
AMAZON'S PROFIT HURT BY HEAVY SPENDING
Amazon.com Inc. reported another quarter of skimpy profits,
despite better-than-expected revenue growth, as the Web-commerce
giant spent heavily on shipping, cloud computing and other
initiatives. (published 2347 GMT Thursday)
VISA POSTS HIGHER PROFIT
Visa Inc. said quarterly earnings rose 26% on higher operating
revenue and payments volume, noting that spending trends have shown
further improvement in the first three weeks of April. (published
2258 GMT Thursday)
ZIMMER-BIOMET: THE DEAL THAT SHOOK WARSAW, IND. -- 6TH UPDATE
A $13.35 billion deal to combine two medical-device makers was
big news on Wall Street Thursday--and also in this 14,000-person
city where both companies are based, which proudly calls itself the
"Orthopedic Capital of the World." (published 2345 GMT
Thursday)
BARCLAYS GETS AN EARFUL OVER ITS PAY PRACTICES
Barclays PLC's pay plans drew a stiff rebuke from shareholders
that showed Chief Executive Antony Jenkins still has a way to go to
rebuild trust with investors. (published 2238 GMT Thursday)
GM CUSTOMERS SHRUG OFF CAR RECALLS
General Motors Co. posted sharply lower first-quarter earnings
on recall and other charges even as its results showed consumers
are still willing to buy -- and pay more -- for its new cars and
trucks despite troubling disclosures about past vehicles.
(published 2353 GMT Thursday)
KKR ENJOYS PROFIT AND SALE
KKR & Co. on Thursday posted first-quarter earnings that
beat Wall Street expectations, and the buyout shop continued to see
benefits from previous takeovers, reaching a multibillion-dollar
deal to sell a company it owns. (published 2350 GMT Thursday)
LAS VEGAS SANDS PROFIT UP 36% -- UPDATE
Las Vegas Sands Corp. said its first-quarter earnings rose 36%
mostly on stronger results at the casino and resort operator's
Macau holdings. (published 2138 GMT Thursday)
NETFLIX REACHES SET-TOP BOX DEAL -- UPDATE
Netflix Inc. is about to take a small but significant step to
make its streaming-video service easier for viewers to access.
(published 2136 GMT Thursday)
NEWMONT EARNINGS FALL 68%
Newmont Mining Corp. said its first-quarter earnings slid 68% as
the gold and copper producer reported weaker commodity prices,
though production grew. (published 2242 GMT Thursday)
CATERPILLAR REPORTS HIGHER-THAN-EXPECTED PROFIT -- 3RD UPDATE
Caterpillar Inc., reaping the benefits of aggressive cost
cutting, reported a stronger-than-expected rise of 4.8% in
first-quarter profit but said the outlook for mining-equipment
sales has deteriorated. (published 1934 GMT Thursday)
STARBUCKS PROFIT RISES AS SALES INCREASE -- 2ND UPDATE
Starbucks Corp. reported higher earnings for its fiscal second
quarter as customers continued to indulge in specialty coffees and
baked goods. (published 2316 GMT Thursday)