Earnings Report

The latest on developments in financial markets (all times local): 9:35 a.m.

Pfizer is reporting a 9% jump in first quarter profit on a strong showing from its biopharmaceutical group.

The disappointing result came amid intense competition in the advertising space from the likes of Facebook and Amazon.

McDonald's turned to a sure thing in the first quarter, bacon, and it's paying off.

General Electric Co. (GE) on Tuesday reported first-quarter net income of $3.59 billion, after reporting a loss in the same period a year earlier.

Merck is breezing past all expectations for the first quarter with global sales jumping 8 percent to almost $11 billion.

Keytruda has driven much of Merck's recent growth as it maintains its lead as an initial treatment for advanced lung cancer.

MasterCard Inc. (MA) on Tuesday reported first-quarter net income of $1.86 billion.

Total revenue fell about 4 percent to $5 billion.

Shares of the Boston-based company, which swung to a profit from the year-earlier quarter, surged some 7 percent in premarket action.

ConocoPhillips (COP) on Tuesday reported first-quarter net income of $1.83 billion.

Eli Lilly and Co. (LLY) on Monday reported first-quarter earnings of $4.24 billion.

Energy producer BP says first quarter earnings fell 9% amid lower oil prices.