Earnings Report

General Motors raced to another record quarter in North America, as the automaker continues to boost its bottom line with profitable truck and SUV sales.

General Motors reported an adjusted 1Q profit of $1.26 per share, topping, the estimate for $1.01. Revenue for the automaker came in at $37.27 billion, also beating the estimate for $35.41 billion

Property and casualty insurer Travelers reported a 17 percent fall in quarterly net profit on Thursday as catastrophe losses nearly doubled, mainly due to hail storms in Texas in late March.

Verizon Communication reported a smaller-than-expected rise in quarterly revenue as it discounted heavily to win customers and said it expected the ongoing strike by its wireline workers to hit earnings in the current quarter.

Under Armour posted a 30 percent jump in quarterly revenue, helped by strong demand for its sports apparel and launches of new running and basketball shoes.

Southwest Airlines reported a first-quarter profit above analysts' expectations and said it expects unit revenue to rise "modestly" in the second quarter.

D.R. Horton, the largest U.S. homebuilder, reported a better-than-expected quarterly profit as it sold more homes, and said the all-important spring selling season was off to a "great" start.

Japanese electronics firm Sony cut its profit estimate by 9.4 percent for the financial year that ended in March, as slowing global smartphone sales dented demand for its camera modules.

U.S. chipmaker Qualcomm forecast third-quarter profit below analysts estimates as it expects to ship fewer chips, including those for smartphones, its biggest business.

American Express reported a rise in quarterly revenue for the first time in five quarters, helped by higher spending by card members in the United States, its biggest market.

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.

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.

U.S. satellite TV provider Dish Network reported quarterly revenue below analysts' estimates as it lost more subscribers than expected in its core pay-TV business.

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 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.

Image source: Hasbro.

There isn't a bat icon on the hood of the three-wheeled Slingshot, but Polaris Industries is still hoping for it to power sales higher.

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.

As investors digest the implications of Netflix first-quarter results, here's a look at some critical quotes from the earnings call.