GE reported a decline in net income amid lower revenue in its transportation business, yet overall industrial profit rose by 12 percent.
UnitedHealth Group's first-quarter net income slid 8 percent as fees and funding cuts from the health care overhaul helped dent the performance of the nation's largest health insurer. UnitedHealth said Thursday it earned $1.1 billion, or $1.10 per share, in the three months that ended March 31.
DOVER, Del.— DuPont's agricultural sales suffered and its operating costs rose during extensive winter storms that dragged on first-quarter earnings, although volumes increased in the company's industrial segments and margins improved in almost every one of them.
EL SEGUNDO, Calif.— Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss. In addition, Mattel Inc. has been struggling with weakness in core brands like Barbie, which had a 14 percent drop in sales, and Fisher-Price, down 6 percent.
April 17- Chemicals maker DuPont reported a 57 percent fall in first-quarter net income due to the sale of its performance coating business, which added almost $2 billion to earnings in the year-earlier quarter.
April 17- Mattel Inc, the world's largest toymaker, reported a net loss for the first quarter due to a fall in worldwide sales of its Barbie dolls and Fisher-Price toys. Mattel's sales in North America fell 2 percent in the quarter ended March 31. Mattel's worldwide sales fell 5 percent to $946.2 million.
DuPont's performance coating business added almost $2 billion to earnings in the year-earlier quarter.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a slightly better-than-expected quarterly profit on strong growth in the Middle East and North America.
Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau caused a sell-off.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported nearly 33 percent rise in quarterly profit from continued operations. Net income from continuing operations rose to $1.59 billion, or $1.21 per share, in the first quarter ended March 31, from $1.20 billion, or 90 cents per share, a year earlier.
Sodexo saw a "clear acceleration of growth" in the U.S. this quarter and the outlook there is much "brighter" than in Europe, Michel Landel, CEO of Sodexo tells CNBC.
The U.K. bank-to-funerals business announced a £2.5 billion loss, bringing to an end what the CEO called a "disastrous year" for the mutual.
Maurice Lévy CEO of Publicis, says growth in Europe is showing strength but caution still remains.
Bill McDermott, co-CEO of SAP, says cloud computing is "growing faster than everything else" in the company.
Keith Nichols, CFO of AkzoNobel, says the company is on track to reach its targets for 2015.
*Q1 operating profit 919 mln euros, below poll of 961 mln. FRANKFURT, April 17- German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results.
CNBC's Helia Ebrahimi discusses the Co-Operative's troubled story from drug buying allegations against the former chairman, to big financial black holes.
N Chandrasekaran, MD & CEO at TCS, says a stable government with a strong mandate will bolster India's economy and consequently, drive the firm's business in its home market.
Vera Eve Lim, CFO at Bank Danamon Indonesia, explains why the lender saw a 13 percent drop in first-quarter earnings.
Despite Google's disappointing earnings, Victor Anthony, Managing Director at Topeka Capital Markets, still thinks the tech giant had a "solid quarter."