Caterpillar posts higher first-quarter profit, raises outlook
(Reuters) – Caterpillar Inc on Thursday posted a quarterly profit that topped analysts’ estimates and raised its full-year outlook on a stronger-than-expected rebound in sales to the construction industry.
U.S. durable goods orders rise broadly, boost growth outlook
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.
American Airlines posts first quarter profit
(Reuters) – American Airlines Group , the world’s largest carrier formed in a late 2013 merger, on Thursday reported a profit of $480 million, or 65 cents a diluted share, for the first quarter.
UPS’s quarterly profit hurt by severe winter
(Reuters) – United Parcel Service Inc , the world’s biggest courier company, reported a 12 percent fall in quarterly profit due to higher costs related to a severe winter in the United States.
JetBlue posts lower quarterly profit as expenses rise
(Reuters) – JetBlue Airways reported a lower quarterly profit on Thursday as increases in salaries boosted operating expenses.
Nasdaq first-quarter earnings helped by recent deals
(Reuters) – Transatlantic exchange operator Nasdaq OMX Group Inc on Thursday reported a higher first-quarter profit, helped by increased revenue from recent acquisitions.
Standard Life to vote against Barclays’ pay plan
LONDON (Reuters) – Standard Life said it would vote against Barclays’ 2013 pay plan at the bank’s annual meeting on Thursday, adding its voice to what is expected to be a significant rebellion from shareholders.
Lilly posts sales below estimates, trims profit forecast
(Reuters) – U.S. drugmaker Eli Lilly and Co reported lower-than-expected quarterly revenue on Thursday, hurt by disappointing sales of its cancer and diabetes drugs, and trimmed its 2014 profit forecast.
Dunkin’s results miss as cold weather puts hole in U.S. sales
(Reuters) – Dunkin’ Brands Group Inc , parent of Dunkin’ Donuts and Baskin-Robbins ice cream outlets, reported lower-than-expected quarterly results as extreme cold weather in parts of the United States hit comparable-store sales growth.
Exclusive: Three employees at Marubeni’s grain unit in China detained
TOKYO/BEIJING (Reuters) – Three employees at one of Marubeni Corp’s grain trading unit in China have been detained, Chinese customs said on Thursday, a move prompted by allegations of tax evasion on soybean imports.