Earnings Report

Nintendo Co. is reporting solid sales and profit for the fiscal fourth quarter, powered by brisk demand for its Switch machines.

Profits have slipped at automaker Volkswagen in the first quarter due to a change in accounting rules, but sales increased and the company recorded no significant additional losses from its diesel emissions scandal.

Nokia says its first-quarter earnings more than halved, primarily because telecom operators are holding off from investing in equipment while waiting for the commercial launch of the new-generation networks.

Volkswagen says without the accounting change, the company's operating profit would have topped that of a year ago.

British banking giant Barclays swung to a loss in the first quarter as it set aside 2 billion pounds ($2.7 billion) to cover past misconduct, including allegations related to subprime mortgages in the United States.

Deutsche Bank reports that its profit fell to 120 million euros ($146 million) in the first quarter as exchange rates and lower revenues at its investment bank weighed on profits.

Hyundai Motor says its first-quarter profit has plunged to the lowest level in more than eight years as sales dwindled in the United States and China.

Energy company Royal Dutch Shell says first-quarter earnings rose 67 percent, boosted by a rebound in oil prices and growth in its natural gas business.

Shell reported its highest increase in profit in more than three years.

Chipotle bounces back from food safety scares to top earnings estimates.

Nokia sales fell, but the company is optimistic for later in 2018.

Samsung Electronics says its first-quarter earnings jumped 52 percent over a year earlier thanks to its mainstay memory chips that posted another record-high quarterly profit.

Ford's net income rose slightly in the first quarter due largely to a lower income tax rate.

A standout is its new 737 MAX family of single-isle, twin-jet aircraft.

More shoppers spent money on Visa's network across all its major markets.

Ford's car portfolio in North America will only include the Mustang and Focus Active.

The Associated Press lost $74 million in 2017, mostly due to one-time accounting charges related to the federal tax overhaul passed late last year.