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PNC Financial Services Group Inc. (PNC) said that its first-quarter net income attributable to common shareholders increased to $992 million from the prior year's $928 million, with earnings per share improving to $1.82 from $1.74 in the same quarter last year. Analysts polled by Thomson Reuters expected...

Huntington Bancshares Inc. (HBAN) said that its first-quarter of 2014 net income declined to $149.1 million, down from $153.3 million in the same quarter last year. But, earnings per share were $0.17, unchanged from the year-ago quarter. Analysts polled by Thomson Reuters expected the company to report...

Credit-card issuer American Express Co. (AXP) is expected to report results for the first quarter after the close of trading. The New York-based company is expected to earn $1.30 per share, higher than the prior year's $1.15 per share. Quarterly revenues are anticipated to climb to $8.36 billion from...

German utility major RWE AG's (RWEOY) net income is expected to largely stabilise beyond 2014, though at lower levels than in the previous years. At its Annual General Meeting on Wednesday, the company also said it does not expect the dramatic trends of recent years to continue to quite the same extent. During...

Tesco-041614.jpg Tesco Plc's shares increased around 4 percent in the morning trade in London after the British supermarket chain posted Wednesday a higher profit in its fiscal year 2014, benefited by lower charges and a slight increase in sales. Group trading profit, meanwhile, declined 6 percent due to a weakening UK grocery market and challenging trading conditions mainly in Europe.

ASML-041614.jpg Dutch semiconductor equipment maker ASML Holding NV (ASML) Wednesday reported a significant increase in its first-quarter profit, supported by solid improvement in sales that benefited from memory customers. The firm, however, expects sales in the second quarter to be affected by adjustments of system demand from some logic customers.

British supermarket chain Tesco Plc (TSCDY.PK, TSCO.L) posted annual Group statutory pre-tax profit from continuing operations of 2.26 billion pounds, after one-off charges totaling (801) million pounds, including (734) million pounds for the impairment of European assets. Despite these charges and a...

Reckitt Benckiser Group plc (RBGPF.PK, RB.L) reported first-quarter total net revenue of 2.37 billion pounds; down 6% from last year. At constant exchange rate, revenue was up 3%. Like-for-like revenue increased 2%. At constant rates, total net revenue growth (ex RBP) was 5% and LFL net revenue growth...

CreditSuisse-041614.jpg Swiss lender Credit Suisse Group reported Wednesday a sharp decline in first-quarter profit, hurt mainly by weak performance in its investment banking segment, despite improved results in Private Banking & Wealth Management businesses.

German engineering company GEA Group AG (GEAGF.PK, GEAGY.PK) said Group revenues in the first quarter rose by about 6 percent organically, with all business segments contributing to the growth. The group's revenue increased to 951 million euros from 924 million euros last year, despite currency translation...

French diary giant Danone SA (DANOY.PK) posted 5.2% lower consolidated reported sales of 5.06 billion euros in the first quarter of 2014, versus 5.34 billion euros last year. Excluding the impact of changes in the basis for comparison, that include exchange rates and scope of consolidation, sales grew...

Syngenta (SYT) reported first-quarter sales of $4.7 billion, compared to $4.6 billion, previous year; an increase of 5 percent at constant exchange rates. The company said the increase in reported sales was 2 percent owing to the depreciation of a number of emerging market currencies against the dollar. Integrated...

Swiss lender Credit Suisse Group (CS) Wednesday said first-quarter net income attributable to shareholders decreased to 859 million Swiss francs from 1.303 billion francs in the previous year. Earnings per share fell to 0.48 franc from 0.75 franc. Net revenues declined to 6.829 billion francs from...

Networking and communications equipment provider ADTRAN, Inc. (ADTN) reported that its first quarter net income grew to $9.6 million or $0.17 per share from $7.9 million or $0.13 per share for the year-ago quarter. Non-GAAP earnings per share for the quarter were $0.21, higher than the $0.17 per share...

BHP Billiton Ltd. (BHP, BHP.AX, BBL, BLT.L), the world's biggest miner, said that iron ore production for the third quarter rose 23% from last year to 49.57 million tons. However, copper production for the third quarter fell 5% year-over-year to 413,900 tons. However, the company left its full-year...