Among the earnings stories for Tuesday, April 29, from AP Financial News:
Top stories:
AMSTERDAM, Netherlands (AP) -- Royal Dutch Shell PLC reported a 25 percent rise in first-quarter earnings on Tuesday, crediting strong increases in oil prices.
LONDON (AP) -- BP PLC, Europe's second biggest oil producer, reported a 63 percent surge in first quarter net profit on Monday after crude oil prices soared to an all-time high and natural gas prices also rose.
Other Stories:
BERLIN (AP) -- Luxury automaker BMW AG said Tuesday that its first-quarter profit fell 17 percent because of a one-time charge taken to better insulate the company from lower used-car prices and the risk of defaults on loans for leased cars in the U.S.
NEW YORK (AP) -- McGraw-Hill Cos., which publishes textbooks and owns credit ratings agency Standard & Poor's, said Tuesday its first-quarter profit tumbled 44 percent on a sharp decline in financial services revenue, and lowered its full-year forecast.
BALTIMORE (AP) -- Sports apparel maker Under Armour Inc. said Tuesday its first-quarter profit tumbled 71 percent, weighed down by increased marketing expenses, but beat Wall Street's expectations.
CHICAGO (AP) -- Heidrick & Struggles International Inc., an executive search and consulting firm, said Tuesday its first-quarter earnings fell 30 percent as employee expenses rose.
CORAL GABLES, Fla. (AP) -- Fresh-cut fruit and vegetable producer Fresh Del Monte Produce Inc. said Tuesday its first-quarter profit rose 23 percent, partly on higher banana selling prices.
GREENWICH, Conn. (AP) -- Genesee & Wyoming Inc. said Tuesday its first-quarter profit slipped 27 percent, hurt by unfavorable winter weather, acquisition-related costs and a legal settlement.
