Alibaba Revenue Better Than Expected

Alibaba Group Holding on Thursday reported a better-than-expected surge in revenue in the final quarter of the year as the Chinese e-commerce giant continued to add users and drive mobile sales.

Merck 1Q Profit Beats, Raises Forecast

Dow component Merck reported an adjusted 1Q profit of $0.89 per share, topping the estimate for $0.85. Revenue for the drugmaker came in at $9.3 billion, falling short of the estimate for $9.46 billion.

Time Warner 1Q Revenue Boosted by Turner, HBO

Time Warner, the owner of CNN and Cartoon Network, reported a slightly higher-than-expected 2.5 percent rise in quarterly revenue as subscription revenue rose at its Turner Broadcasting unit and cable channel Home Box Office.

Shell Profit Falls But Beats Forecasts

Royal Dutch Shell said Wednesday it is continuing to hammer down costs and spending as the company moves to integrate its roughly $50 billion acquisition of BG Group in the midst of a historic oil price slump.