AutoNation Reports 10% Increase in Profit

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AutoNation Inc., the largest U.S. chain of auto dealerships, posted a 10% increase in profit for the first quarter as strong demand for new vehicles helped counter a winter slowdown.

Baker Hughes Earnings Rise 23%

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Baker Hughes Inc. said first-quarter income grew 23%, as the oil-field services company posted continued growth in its Middle East and Asia Pacific business.

Post Holdings to Buy Michael Foods

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Post Holdins Inc. confirmed it will acquire Michael Foods Inc. for $2.45 billion, expanding the cereal maker's menu of breakfast offerings into eggs and dairy goods.

GE Posts Declines in Profit, Revenue

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GE has been under pressure to reduce its dependence on earnings from its finance arm and to improve the performance of its industrial businesses.

DuPont Profit Tumbles Despite Growth

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DuPont Co. said its first-quarter earnings fell 57% as the chemicals and agricultural-products company reported that growth in most of its businesses was offset by harsh weather and shifts in agriculture.

Morgan Stanley's Profit Rises

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Morgan Stanley said its first-quarter profit rose while revenue climbed.

Infiniti to Introduce Compact Crossover in China

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Nissan Motor plans to introduce a compact crossover based on the Nissan Juke to China in a bid to sell to younger buyers.

Schlumberger Profit Jumps on Middle East, Asia Growth

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Schlumberger said its first-quarter earnings rose 26% as the oil-field services company's revenue benefited from growth in the Middle East and Asia, as well as North America.

Fast-Rising Costs Erode Google's Profits

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Fast-rising expenses eroded Google's first-quarter profits, disappointing investors and sending Google shares lower in after-hours trading.

Mattel Swings to Loss as Sales Slip

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Mattel swung to a first quarter loss as the toy maker recorded a slip in sales, weighed down by its Barbie brand.

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