Activist investor Nelson Peltz's Trian Fund Management has called for a break up of DuPont, The Wall Street Journal reported.» Read More
April 23- Electronic products distributor Ingram Micro Inc posted weaker-than-expected quarterly results due to a rise in costs and interest expenses, sending its shares down 8 percent in extended trading.
Shares of the company, whose customers include AT&T Inc and Verizon Communications Inc, rose about 3 percent in extended trading. AT&T has estimated capital expenditure of about $21 billion for this year, while Verizon has said it expected to spend about $17 billion.
LOS ANGELES, April 23- Cheesecake Factory Inc on Wednesday reported quarterly profit that fell from a year ago, due to severe winter weather, a holiday shift and costs associated with the pending settlement of a legal claim.
April 23- ServiceNow Inc, which makes software to automate and manage IT services, forecast second-quarter and full-year revenue above Wall Street estimates. ServiceNow shares rose about 4 percent in extended trading after they closed at $53.07 on the New York Stock Exchange.
April 23- EMC Corp, the world's largest maker of data storage equipment, reported a better-than-expected quarterly revenue, but its shares fell after majority-owned software maker VMware Inc reported weak growth in bookings.
April 23- Delta Air Lines Inc reported a higher-than-expected first-quarter profit on Wednesday and gave a strong outlook for the current period, sending its shares up nearly 5 percent. Delta "has been outperforming on the revenue front and costs are being kept in line," said Kevin Crissey, an airline analyst with Skyline Research.
The Dow Jones index that tracks the 10 biggest aerospace and defense companies rose 1.75 percent, driven by gains in shares of Lockheed Martin Corp, General Dynamics Corp, and Northrop Grumman Corp, which all reported higher profit and earnings per share this week.
April 23- Shares in SodaStream International Ltd rose as much as 17 percent on Wednesday after the Israeli business newspaper Globes said Starbucks Corp was in advanced talks to buy 10 percent of the home soft drink maker, citing sources. Representatives for both SodaStream and Starbucks declined to comment.
On a non-adjusted basis, however, Boeing's profit slid 13 percent to $965 million, or $1.28 per share, down from $1.11 billion, or $1.44 per share, a year earlier, the company reported on Wednesday. But analysts pointed to strong cashflow generation and Boeing's increase in share buy-backs in the quarter as reasons to push the stock higher.
*Boeing rallies after results, outlook; P&G edges down. *Key earnings on tap; Apple, Facebook out after the close. *Boeing Co reported first-quarter revenue that beat expectations and lifted its core earnings forecast to reflect a tax settlement gain, sending shares up 2.7 percent to $131.05 in premarket trading.
TOKYO, April 23- Seibu Holdings Inc rose almost 11 percent on its first day of relisting on the Tokyo stock market, after its IPO price was slashed due to growing doubts over the strength of Japan's economic recovery.
April 22- Skechers USA Inc posted a near-fivefold jump in quarterly profit after its new footwear designs sold well in the United States and abroad, sending shares of the company up 14 percent after the bell. Skechers, whose larger rivals include Nike Inc and Adidas AG, said it expected U.S. and international demand to stay strong for the rest of the year.
April 22- Chipmaker Skyworks Solutions Inc's second-quarter results and current-quarter forecast beat Wall Street estimates, helped by strong sales of chips used to connect machines to the Internet.
KFC parent Yum Brands on Tuesday said first-quarter sales at established restaurants in China, its top market, rose 9 percent.
April 22- Life-science tool maker Illumina Inc reported a better-than-expected jump in quarterly revenue, helped by strong sales of its gene-sequencing products. The company's net income rose to $60 million, or 40 cents per share, in the first quarter ended March 31, from a loss of $22.6 million, or 18 cents per share, a year earlier.
April 22- Cree Inc, a maker of light emitting diodes, reported a lower-than-expected quarterly revenue, sending its shares down 8 percent in extended trading. The company's net income rose to $28.2 million, or 23 cents per share, in the third quarter ended March 30 from $22.2 million, or 19 cents per share, a year earlier.
April 22- Footwear maker Skechers USA Inc reported better-than-expected quarterly results, helped by strong sales to U.S. and international wholesale customers. Net income attributable to Skechers jumped to $30.9 million, or 61 cents per share, in the first quarter ended March 31 from $6.6 million, or 13 cents per share, a year earlier.
April 22- JetBlue Airways Corp pilots voted on Tuesday to join the Air Line Pilots Association union, opting to have a bargaining agent after rejecting unionization in two prior votes. Shares of JetBlue were down 1.9 percent to $8.59 in afternoon trading.
April 22- JetBlue Airways Corp pilots voted on Tuesday to join the Air Line Pilots Association union, becoming the first employee group at the discount carrier to choose a bargaining agent. JetBlue has about 2,600 pilots. Shares of JetBlue were down about 3 percent at $8.48 on Tuesday afternoon on the Nasdaq.
April 22- Shares of Arotech Corp, a maker of lithium batteries for military tanks, fell as much as 17.5 percent after a report on stock commentary website Seeking Alpha said its shares were not worth more that $2, less than half of Monday's closing price.