Among the earnings stories for Thursday, April 17, from AP Financial News:
Top stories:
SAN FRANCISCO (AP) _ Google Inc.'s first-quarter profit climbed 30 percent to surpass analysts' predictions in a performance that alleviated some of the economic worries that have hammered the Internet search leader's stock this year.
Other stories:
MINNEAPOLIS (AP) _ The grocer Supervalu said fourth-quarter profits jumped 30 percent, despite bargain-hunting shoppers who are being squeezed by food inflation.
CHICAGO (AP) _ Drug and medical device maker Baxter International Inc. reported a 6 percent increase in first-quarter earnings Thursday on the strength of cost cuts and a weaker dollar, and it raised its outlook for full-year profits.
MILWAUKEE (AP) _ Harley-Davidson Inc., which has been slowing down for the past few years, has hit a serious rough patch as even its upwardly mobile customer base thinks twice about dropping thousands of dollars on a classic motorcycle.
SAN JOSE, Calif. (AP) _ Advanced Micro Devices Inc.'s first-quarter loss matched Wall Street's lowered expectations, with the slumping chip maker hurt by its inability to unload older products amid economic turbulence that tamped down domestic consumer spending.
NEW YORK (AP) _ Merrill Lynch & Co., the world's largest brokerage, on Thursday said it would cut another 3,000 jobs after more than $6.5 billion of fresh write-downs pushed it to a loss for the first quarter.
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