Twitter to Acquire Data Partner Gnip

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Twitter agreed to acquire data partner Gnip, in a sign that the messaging service wants a bigger role in analyzing tweets for businesses hungry for insights from social media. It also hired a new product chief.

Scania Holders Advised to Take VW Bid

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A Swedish organization that advises and represents private investors recommended Scania AB shareholders accept Volkswagen AG's offer to buy the remaining shares in the Swedish truck maker..

Yahoo Shows Signs of Growth

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Yahoo's earnings report provides evidence that the company may be winning back advertisers, and that Alibaba had a strong December quarter.

Abbott Labs Profit Falls 31%

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Abbott Laboratories' first-quarter earnings fell 31% as the health-care products company reported negative currency impact masked modest overall sales growth.

Grainger Net Up on Strength in U.S. Segment

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Grainger said its first-quarter profit edged up 2.3% as the industrial-goods supplier reported revenue growth in its U.S. business and strength online, masking lower sales in Canada.

St. Jude Medical Earnings Rise 12%; Boosts 2014 Outlook

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St. Jude Medical Inc. said its earnings rose 12% as the medical device maker reported modest sales growth at its core heart-rhythm device business.

Danone's Sales Decline

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Danone posted a drop in first-quarter sales as price hikes hit sales volumes in key markets, adding to challenges the French dairy giant is already facing in China and Europe.

U.S. Bancorp Profit Drops on Softer Mortgage Revenue

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U.S. Bancorp's first-quarter earnings fell 2.2% as the regional lender posted weaker mortgage banking revenue.

Price War Erupts in Cloud Services

Related Link:, Microsoft and Google are battling over the future of corporate computing, and companies that use their services are reaping the benefits.

BofA Swings to Loss on Legal Charge

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Bank of America said it swung to a first-quarter loss as results were hurt by $6 billion in legal charges and slumping mortgage originations.

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