NEW YORK (Reuters) - Microsoft Corp's quarterly profit fell a smaller-than-expected 18 percent on Friday, as the world's largest software company held up better than feared, sending its shares up 8 percent.
NEW YORK (Reuters) - Stock futures added gains on Friday after Microsoft Corp reported first-quarter results, while investors awaited existing home sales data later in the morning.
SAN FRANCISCO/NEW YORK (Reuters) - Russell Read, the former chief investment officer of Calpers, the largest pension fund in the United States, knows his trees.
CHATHAM, Massachusetts (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke said on Friday the central bank would conduct more comprehensive reviews of banks and demand more reporting as part of efforts to tighten oversight following a damaging financial meltdown.
NEW YORK (Reuters) - Whirlpool Corp reported a higher-than-expected quarterly profit on Friday as cost cuts offset weak sales, and the world's biggest appliance maker raised its full-year forecast.
FRANKFURT (Reuters) - General Motors put on hold a deal to sell a 55 percent stake in carmaker Opel to a Russian-backed consortium led by Canadian automotive group Magna, GM's chief negotiator on the deal said on Friday.
BOSTON (Reuters) - Diversified U.S. manufacturer Honeywell International Inc posted a 15 percent profit drop that was far less severe than analysts had forecast, sending its shares higher in light premarket trading.
NEW YORK (Reuters) - Ingersoll-Rand PLC , a maker of heating and cooling systems for homes, businesses and transport, reported a 5 percent drop in quarterly profit on Friday and said it continued to see challenges in its markets.
NEW YORK/SAN FRANCISCO (Reuters) - Oilfield services leader Schlumberger Ltd reported slightly better-than-expected quarterly earnings on Friday but warned North American natural gas activity would remain weak until late 2010.
LONDON (Reuters) - Oil prices rose on Friday, holding above $81 a barrel, but skepticism economic recovery was robust enough to spur a convincing rise in fuel demand limited the appetite to extend this week's powerful rally.
