Earnings roundup: UAL, McDonald's

Among the earnings stories for Tuesday, April 22, from AP Financial News:

CHICAGO (AP) _ United Airlines parent UAL Corp. lost about a third of its market value Tuesday after reporting a $537 million first-quarter loss due to soaring fuel costs and saying it is cutting flights and 1,100 jobs.

CHICAGO (AP) _ Strong international sales helped McDonald's Corp. post a 24 percent gain in first-quarter profit, but investors seemed nervous about the company's first monthly decline of U.S. same-store sales in five years.

NEW YORK (AP) _ JetBlue Airways Corp. reported a narrower-than-expected loss in the first quarter as slower growth helped the discount airline keep a lid on its costs despite skyrocketing fuel prices.

ST. PETERSBURG, Fla. (AP) _ Raymond James Financial Inc.'s first-quarter earnings rose slightly as higher net interest income was offset by increased expenses, the financial services firm said Tuesday.

DENVER (AP) _ The Western Union Co. on Tuesday reported a 7 percent increase in first-quarter net income amid favorable exchange rates and growth in international business, particularly in India and China.