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Earnings Report

Yum's China Sales Jump Ahead of Spinoff

Yum Brands' sales at established restaurants in China accelerated faster than Wall Street expected in the first quarter as the company pursues a spinoff of that business, its top profit-driver.

Barbie Doll Sales Slump

Toymaker Mattel Inc reported a smaller-than-expected drop in quarterly net sales, as strong demand for its Hot Wheels and Fisher-Price toys helped offset the loss of a lucrative Disney license.

Coca-Cola 1Q Sales Fall 4%

Dow component Coca-Cola reported an adjusted 1Q profit of $0.45 per share, topping the estimate for $0.44. Revenue for the beverage giant came in at $10.28 billion, matching the Wall Street estimate.

Intel to Cut 12,000 Jobs

Intel said it would cut 11% of its workforce, as it refocuses on making microchips that power data centers and Internet-connected devices and away from the declining personal computer industry it helped found.

Intel to Cut 12,000 Jobs Globally

Intel Corp said it would cut 12,000 jobs globally, or 11 percent of its workforce, as the company moves away from its traditional business of selling chips used in personal computers.

Is Harley-Davidson on the Comeback Trail?

Harley-Davidson reported better earnings than expected for the first quarter, saying sales trends are improving amid the launch of new motorcycles and a broad marketing drive.

UnitedHealth Raises 2016 Earnings Outlook

Health insurer UnitedHealth Group raised its expectations for 2016 profit, in part because of a more favorable tax rate that also helped it beat Wall Street expectations for the first quarter.

J&J Shares to Hit Record After Earnings

Johnson & Johnson, the maker of Band-Aids and Tylenol, reported higher-than-expected quarterly earnings on Tuesday and nudged up its 2016 sales and earnings forecasts.

IBM Sees 4.6% Drop in Quarterly Revenue

International Business Machines Corp reported a 4.6 percent fall in quarterly revenue, hurt by a strong dollar and muted IT spending amid global economic uncertainty.