News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.
Profit rose 20 percent at Panasonic Corp. in the October-December quarter as growth in businesses such as smart home systems offset its long struggling TV and appliance divisions.
Facebook shares jumped to record highs Thursday, buoyed by news of stronger-than-expected profits and sizzling gains in mobile advertising revenue.
Viacom is reporting a 16 percent jump in net income for the first quarter thanks in part to smaller losses at its film division.
Comcast added 43,000 video subscribers in the fourth quarter—the first quarterly gain in six and a half years—as uptake of its X1 set-top box helped it retain customers and boost video-on-demand spending.
Microsoft soared to record revenues in the last quarter, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services.
Leading Indian software exporter Tata Consultancy Services reported a steep increase in quarterly profit on Friday, signaling that global spending on information technology is picking up.
Hewlett-Packard posted net income of $1.4 billion for its fiscal fourth-quarter, as cost cuts stemming from its ongoing restructuring more than offset the effects of sluggish computer demand.
Cisco's fiscal first-quarter revenue grew slower than expected and net income declined, which sent the technology company's stock lower in extended trading.
Broadcaster CBS Corp. grew earnings 26 percent in the third quarter, benefiting from higher ad revenue, sales of reruns of shows like "NCIS: Los Angeles" and pay-per-view boxing.