News Summary

Shares of McDonald's Corp (NYSE: MCD) gained about 0.8% after the company reported a 6% rise in its April global comparable sales. The company's sales increased 4% in the US. Its sales rose 6.5% in Europe and surged 6.5% in Asia, Middle East and Africa. However, analysts were expecting total...

Shares of Time Warner Inc (NYSE: TWX) fell about 2.3% after the company reported better-than-expected adjusted profit for the first quarter on Wednesday. The company's quarterly profit dropped to $653 million, or $0.59 per share, from $725 million, or $0.62 per share, in the year-ago quarter. The...

Shares of Mylan Laboratories Inc (NYS: MYL) fell about 1.6% after the company reported an 8.7% rise in its first-quarter net profit. The company's Q1 net profit came in at $104.2 million, versus $95.9 million, in the year-earlier period. The company's earnings per share increased to $0.23 from $0....

Shares of Tenet Healthcare Corp (NYSE: THC) fell about 4.4% after Community Health Systems Inc (NYSE: CYH) raised its all-cash offer to acquire all outstanding shares of common stock of THC to $7.25 per share from $6 per share. Shares of Loews Corp (NYSE: L) dropped about 3.2% after the company...

Shares of Johnson & Johnson (NYSE: JNJ) dropped about 1.7% after the company announced its plans to purchase US-Swiss medical device maker Synthes Inc for $21.3 billion in cash and stock. JNJ is offering 159 Swiss francs ($181.30) per share for Synthes, representing a 22% premium over the share...

Shares of Ford Motor Co (NYSE: F) gained about 2.7% after the company reported upbeat Q1 results. Ford reported its quarterly earnings at $0.61 per share, up from $0.50 per share, in the year-earlier period. The company's revenue surged 18% to $33.1 billion. The company's adjusted profit for the...

Shares of Johnson Controls Inc (NYSE: JCI) fell about 1.6% after the company reported better-than-expected Q2 profit. JCI's Q2 profit came in at $354 million, or $0.51 per share, up from $274 million, or $0.40 per share, in the year-earlier period. The company's adjusted earnings increased to $0.56...

Shares of McDonald's Corp (NYSE: MCD) fell about 1.3% after the company reported a 11% rise in its Q1 net income. The company's comparable sales increased 4.2%. MCD's earnings came in at $1.21 billion, or $1.15 per share, up from $1.09 billion, or $1 per share, in the year-ago quarter. The company'...

Shares of Abbott Laboratories (NYSE: ABT) gained about 1% after the company reported its Q1 profit at $864 million, or $0.55 per share, down from $1 billion, or $0.64 per share, in the year-ago period. The company's net sales increased to $9.04 billion from $7.70 billion. On an adjusted basis, the...

Shares of Harley-Davidson Inc (NYSE: HOG) fell about 3% after the company reported its Q1 earnings at $119.3 million, or $0.51 per share, up from $33.3 million, or $0.14 per share, in the year-earlier period. The company's revenue increased to $1.06 billion from $1.04 billion. However, analysts...

Shares of Halliburton Co (NYSE: HAL) rose about 0.3% after the company reported its Q1 net profit at $511 million, or $0.56 per share, up from $206 million, or $0.23 per share, in the year-earlier quarter. The company's revenue surged 40% to $5.28 billion. Excluding $46 million charge associated to...

Shares of Supervalu (NYSE: SVU) jumped about 12% after the company reported its FQ4 profit at $95 million, or $0.44 per share, compared with $97 million, or $0.46 per share, in the year-earlier period. The company's sales fell to $8.66 billion from $9.21 billion. However, analysts were expecting...

Shares of J.P. Morgan Chase & Co (NYSE: JPM) gained about 1.5% after the company reported its Q1 net income at $5.6 billion, or $1.28 per share, up from $3.3 billion, or $0.74 per share, in the year-earlier period. The company's revenue dropped to $25.2 billion from $27.7 billion. However,...

Shares of Fastenal Co (NASDAQ: FAST) fell about 1.9% after the company reported a 42% rise in its Q1 net earnings. The company's earnings came in at $79.5 million, or $0.54 per share, up from $56 million, or $0.38 per share, in the year-earlier period. The company's sales increased 23% to $640.6...

Shares of Shaw Group Inc (NYSE: SHAW) gained about 1.2% about after the company reported its FQ2 profit at $2 million, or $0.01 per share, down from $61.5 million, or $0.72 per share, in the year-ago period. The company's revenue dropped to $1.42 billion from $1.62 billion. On an adjusted basis,...