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Earnings Report

UPS 1Q Profit Rises on Higher Margins, Ecommerce

Package delivery company United Parcel Service on Thursday reported a higher quarterly net profit, citing a rise in ecommerce packages in its crucial U.S. domestic business and improved margins on the back of cost cutting.

ConocoPhillips Posts 1Q Loss, Cuts 2016 Budget Again

ConocoPhillips, the largest U.S. independent oil company, reported a quarterly loss, compared with a year-earlier profit, and further lowered its 2016 budget as the slump in crude prices sapped profitability.

Time Warner Cable 1Q Revenue Rises 7.2%

Time Warner Cable, which is being bought by Charter Communications, reported a 7.2 percent rise in revenue as it added more high speed data customers.

Sony Reports Biggest FY Profit in 8 Years

Japanese electronics maker Sony on Thursday reported its biggest annual operating profit since fiscal 2007 due to cost cuts in its struggling smartphone business and brisk demand for PlayStation 4 videogames.

Boeing's 1Q Profit Hit by Tanker Charge

Dow component Boeing reported an adjusted 1Q profit of $1.74 per share, missing the estimate for $1.82. Revenue for the aerospace company came in at $22.6 billion, beating the estimate for $21.4 billion.

Comcast Tops Estimates; Posts Video Subscriber Gains

Comcast on Wednesday posted better-than-expected results, bolstered by the biggest first-quarter gain in pay-TV customers in nine years and growth in its business services, high-speed Internet and entertainment units.

United Technologies' 1Q Earnings Top Expectations

Dow component United Technologies reported an adjusted 1Q profit of $1.47 per share, topping the estimate for $1.39. Revenue for the company came in at $13.4 billion, also beating the estimate for $13.17 billion.

Hilton's Quarterly Profit More Than Doubles

Hilton Worldwide Holdings, the owner of the Waldorf Astoria hotel chain, reported a quarterly profit that more than doubled, helped by tax benefits and higher room rates.

Twitter Shares Plunge After 1Q Revenue Miss

Twitter disappointed investors yet again with first-quarter results that showed stagnant revenue growth as the microblogging service struggles to grab new users amid efforts to improve its complicated interface with several new features.

Barclays 1Q Profit Falls 33%

Barclays reported a worse than expected 33 percent slump in pretax profits for the first three months of the year, as the lender followed its U.S. peers in reporting falling investment banking revenues in a weak global market environment.