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News Corp. net profit dips on British charges

Rupert Murdoch's News Corp. posted a slight decline in quarterly net profit on Wednesday, partly due to one-time charges stemming from the phone-hacking scandal in Britain.

Samsung's operating profit up 53 percent in 1Q

Samsung Electronics Co. said its operating profit last quarter rose 53 percent over a year earlier, outpacing expectations for what's normally a slow time for consumer electronics sales.

Dutch high-tech group ASML reports Q1 profits slump

The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

Sales of handset arm lifts Sweden's Ericsson in QI

(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...

Kindle Fire helps Amazon beat 1Q estimates

(AP) -- Amazon.com Inc. posted first-quarter profits Thursday that blew by analysts' estimates and boosted the company's stock in extended trading. The online commerce giant said its Kindle Fire tablet computer was its best-selling ...

Apple shares hit record high ahead of earnings

Apple shares hit a record high on Wall Street on Monday ahead of what is expected to be another blockbuster quarterly earnings report by the California gadget-maker.

Baidu profit up 80 percent, forecasts more growth

(AP) -- Baidu Inc., which operates China's most popular search engine, said Friday its latest quarterly profit jumped 80 percent as strong growth in usage of its site helped to drive advertising revenue higher.

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