*Sees second-quarter earnings $0.15- $0.19/ shr vs est $0.18* First-quarter earnings $0.27/ shr vs est $0.18/ shr* First-quarter revenue $47.2 million vs est $44.6 mln.
May 2- Audience Inc reported a 52 percent rise in quarterly revenue due to strong demand for its audio chips from its customers Samsung Electronics Co Ltd, Dell Inc and Huawei. Net income rose to $4.6 million, or 20 cents per share, in the first quarter from $4.2 million, or 16 cents per share, a year earlier. Revenue rose to $47.2 million from $31.1 million.
Stocks fell as the broadest measure of U.S. economic growth fell short of expectations in the first quarter and Amazon.com gave a disappointing outlook. **CHEVRON CORP, $120.06, up 1.3 pct. **AMAZON.COM INC, $255.52, down 7 pct.
*Pacific Crest raises price target to $58 from $49; rating outperform. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
**PFIZER INC, $29.02, down 4.1 pct. **APPLE INC, $409.46, down 0.3 pct. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
**PFIZER INC, Thursday close $30.26, down 3 pct premarket. **APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
**ABBVIE INC, Thursday close $44.24.
*Needham raises price target to $58 from $52; rating buy. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
*JP Morgan raises target price to $51.50 from $44; rating overweight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.