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Earnings Report

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.

CBS Earnings Boosted by Political Ads and Super Bowl

CBS, the owner of the most-watched U.S. TV network, reported a 10 percent rise in quarterly revenue, beating Wall Street estimates, as the U.S. presidential campaign and Super Bowl broadcast boosted spending on advertising.

CVS Health 1Q Earnings Beat Expectations

CVS Health reported an adjusted 1Q profit of $1.18 per share, topping the estimate for $1.16. Revenue for the company came in at $43.22 billion, beating the estimate for $43 billion.

Berkshire Preliminary 1Q Operating Profit Falls

Warren Buffett on Saturday said preliminary first-quarter profit at his Berkshire Hathaway fell about 12 percent, hurt by weaker performance in its railroad and insurance operations.

Amazon Shares Surge on Profit and Revenue Beat

Amazon.com's shares jumped in early trading on Friday, a day after the company reported profit and revenue that swept away analysts' estimates along with doubts about the online retailer's investment spree.

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.