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Programmable chip maker Altera Corp. (ALTR) reported Thursday a profit for the first quarter that edged down from last year, despite improved operating margin and sales growth, hurt by income tax expense. However, both earnings per share and quarterly sales topped analysts' expectations. The company...

Data integration software provider Informatica Corp. (INFA) on Thursday reported a 39 percent increase in profit for the first quarter from last year, boosted by double-digit growth in software revenue. Both revenue and adjusted earnings beat analysts' estimates. The company's shares gained more than...

Solar power products company SunPower Corp. (SPWR) reported Thursday a profit for the first quarter compared to a loss last year, primarily reflecting significantly improved gross margins and revenue growth. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The...

Footwear and apparel maker Deckers Outdoor Corp. (DECK) on Thursday reported a loss for the three-month transition period ending March 31 as higher sales and margins were offset by an increase in expenses. However, loss per share for the quarter came in narrower than analysts' expectations and revenues...

Shares of Baidu, Inc. (BIDU) increased nearly five percent in extended trade on Thursday after the Chinese Internet search giant reported profit for the first quarter that topped analysts' expectations. The company also provided revenue forecast for the second quarter, above Street view. The company...

Oilfield services provider Weatherford International Ltd. (WFT) on Thursday reported a loss for the first quarter, reflecting lower revenues and higher one-time charges. However, adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. Looking ahead,...

Semiconductor company Cirrus Logic, Inc. (CRUS) reported Thursday a profit for the fourth quarter that declined from last year, reflecting lower audio product sales and a drop in operating margins amid higher expenses. However, both adjusted earnings per share and quarterly revenues topped analysts'...

Chip maker Broadcom Corp. (BRCM) on Thursday reported a 14 percent decline in profit for the first quarter from last year, reflecting lower revenues and higher expenses. However, both revenue and adjusted earnings for the quarter beat analysts' expectations. Looking ahead, the company forecast revenue...

Embedded processing solutions provider Freescale Semiconductor Ltd. (FSL) reported Thursday a loss for the first quarter that narrowed from last year, reflecting improved margins and sales growth. Both adjusted earnings per share and quarterly sales topped analysts' expectations. The company also provided...

Freescale Semiconductor, Ltd. (FSL) said Thursday that it has selected Dan Durn as senior vice president and chief financial officer, replacing current CFO, Alan Campbell, who announced his decision to retire in January. Durn will assume CFO responsibilities for the company in June. Campbell completes...

Brown & Brown, Inc. (BRO) said Thursday that a subsidiary of the company has entered into an asset purchase agreement to acquire substantially all of the operating assets of Pacific Resources Benefits Advisors, LLC. The deal is expected to close in May. Over the past 30 years, Pacific Resources...

Taubman Centers Inc (TCO), a real estate investment trust, Thursday reported first-quarter funds from operations, or FFO, of $58 million, compared with $58.2 million last year. On a per share basis, FFO was unchanged at $0.90. On average, 14 analysts polled by Thomson Reuters estimated FFO of $0.90...

Baidu, Inc. (BIDU) reported net income for the first quarter of RMB2.54 billion or RMB7.21 per ADS, compared to RMB2.04 billion or RMB5.88 per ADS for the year-ago quarter. ($407.8 million), a 24.1% increase from the corresponding period in 2013. Diluted earnings attributable to Baidu per ADS for...

Synaptics Inc. (SYNA) on Thursday posted a loss for the third quarter, hurt mostly by acquisition related charges despite a 25 percent growth in revenues. Nonetheless, shares of the company surged a near nine percent in after-hours trade, with adjusted earnings and revenues easily surpassing Wall Street...

Pebblebrook Hotel Trust (PEB) Thursday reported first-quarter funds from operations, or FFO, of $22.2 million or $0.25 per share, up from $15.5 million or $0.18 per share in the same period last year. Adjusted FFO available to common share and unit holders for the quarter were $16.9 million or $0.26...