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 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 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 has been under pressure to reduce its dependence on earnings from its finance arm and to improve the performance of its industrial businesses.
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.
YouTube and other video platforms are changing the way Gulf Arabs are creating and marketing video content, with advertisers increasingly producing branded content shows.
Morgan Stanley said its first-quarter profit rose while revenue climbed.
Nissan Motor plans to introduce a compact crossover based on the Nissan Juke to China in a bid to sell to younger buyers.
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 expenses eroded Google's first-quarter profits, disappointing investors and sending Google shares lower in after-hours trading.