Southwest Airlines Earnings Jump on Lower Fuel Costs

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Southwest Airlines said its first-quarter income more than doubled, as the carrier posted stronger revenue and lower fuel costs despite weather problems that caused disruptions during the period.

Rail Logjam Strands Cars at Factory

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New cars and trucks are stacked up at U.S. factories as auto makers and railroads struggle to overcome delays brought on by winter weather and the rise of production outside the U.S. Midwest.

Unilever First-Quarter Sales Fall

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Unilever reported a fall in first-quarter sales and said it would raise prices in emerging markets to counter currency weakness there.

Generics Dent AstraZeneca Profit

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AstraZeneca posted a 50% fall in first-quarter profit, below analysts' expectations, as sales of its best-selling drugs continued to be dented by generic competition.

Strong Won Weighs on Hyundai

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Hyundai Motor's first-quarter net profit fell as a stronger South Korean currency hurt its competitiveness in overseas markets.

Nokia Indian Plant Likely to Be Excluded From Microsoft Deal

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Unable to solve a long spun tax dispute with Indian tax authorities, Nokia Corp. on Thursday said it is unlikely that it would be able to include a massive phone plant in India in a wider deal to transfer its phone business to Microsoft Corp.

Burberry To Open Online Store on Alibaba's Tmall

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U.K. luxury brand Burberry PLC is opening an online store on Alibaba Group Holding Ltd.'s Tmall e-commerce platform, according to people familiar with the plans.

Apple Moves to Reward Investors

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Apple, in a nod to restive shareholders, added $30 billion to its stock-buyback plan, raised its dividend about 8% and declared a 7-for-1 stock split, as it reported strong iPhone sales that defied expectations of a slowdown.

Dunkin' Brands Profit Hurt by Weather

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Dunkin' Brands Group Inc. said first-quarter earnings fell 3.5%, as the restaurant operator warned that bad winter weather cut a hole in its results.

Patent Expirations Hit Eli Lilly Earnings

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Eli Lilly & Co. continued to feel the strain of patent expirations for some of its bigger-selling drugs in the first quarter as profit fell 53% and the company lowered its earnings outlook for the year.

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