Company Earnings - Page 5

AP - Web retailer Amazon.com Inc. said Tuesday its first-quarter profit more than doubled, sending shares up more than 12 percent in after-hours trading. The company also raised its revenue outlook for the year.

AP - Sun Microsystems Inc. swung to a profit in the third quarter, matching Wall Street's tepid expectations, but shares plunged on fears that lower-than-expected revenue signaled a slowdown in its core server business where the company has been gaining market share.

Investor's Business Daily - Amazon trounced analyst earnings estimates Tuesday, more than doubling its first-quarter profit with sales that beat views on brisk Web traffic and favorable tax rates. More Info...  

AP - Swiss chip maker STMicroelectronics NV said Tuesday its first-quarter profit fell 44 percent from the year-ago period on deteriorating prices and declining revenue. More Info...  

Reuters - Computer maker Sun Microsystems Inc. on Tuesday posted a third quarter net profit versus a year-ago loss, but revenue fell shy of analysts' estimates and shares fell about 5 percent.

FT.com - Wall Street stocks held within tight margins on Tuesday after a string of solid earnings reports helped soothe concerns about weak home sales. More Info...  

Reuters - Aflac Inc. , the world's largest seller of supplemental disability insurance, said on Tuesday that earnings rose in the first quarter as premium income in the United States climbed nearly 11 percent. More Info...  

AP - Telecommunications heavyweight AT&T Inc. reported Tuesday it doubled its profit and sales in the first three months of the year, primarily because of its completed acquisition of BellSouth.

Reuters - Chicago Mercantile Exchange Holdings Inc. said on Tuesday that first-quarter profit surged 42 percent, but its shares fell almost 3 percent as analysts said slower derivatives trading in April could trim second-quarter results. More Info...  

AP - Earnings at defense contractors Lockheed Martin Corp. and Northrop Grumman Corp. rose in the first quarter as both companies increased sales to military and government customers. More Info...  

Reuters - Apparel maker VF Corp. More Info...  

FT.com - Wall Street stocks edged up on Tuesday after a string of solid earnings reports helped soothe concerns about weak home sales. More Info...  

AP - BP PLC, Europe's second-largest oil company, reported a 17 percent drop in first-quarter earnings Tuesday on lower oil prices and declining production. More Info...  

Reuters - Whirlpool Corp. reported a lower but better-than-expected first-quarter profit on Tuesday as strong international appliance sales helped offset declining U.S. demand, and its stock shot up as much as 16 percent to a record high.

AP - Lockheed Martin Corp., the world's largest military contractor, said Tuesday first-quarter earnings jumped 17 percent because of higher sales at its technology unit and one-time gains. More Info...  

AP - Whirlpool Corp. said Tuesday its first-quarter profit dipped 1 percent due to higher costs for materials and lower demand for appliances in the United States because of the slumping housing market. More Info...  

AP - Occidental Petroleum Corp. on Tuesday posted a slight decline in first-quarter profit as U.S. crude oil production decreased and prices fell from year-ago levels. More Info...  

AP - Specialty chemicals maker DuPont Co. said Tuesday its first-quarter earnings increased 16 percent, driven by higher seed sales and improved pharmaceuticals income. The company reaffirmed its full-year guidance for 2007. More Info...  

AP - Consumer data provider ChoicePoint Inc. reported Tuesday its profit rose 1 percent in the first quarter with a nearly 3 percent increase in sales. More Info...  

Earnings News Reuters - Network equipment maker Juniper Networks Inc. posted on Monday an anticipated fall in quarterly profit, and its shares fell as it gave a slightly weaker-than-expected 2007 outlook. More Info...