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Xilinx Profit Up 19%

Programmable chipmaker Xilinx Inc. (XLNX: Quote) said Tuesday after the markets closed that its fourth quarter profit rose 19% from last year, as revenue increased 16%.
However, the company’s quarterly earnings per share came in below analysts’ expect…

Texas Instruments Profit Tops Estimate; Outlook Strong

Chip maker Texas Instruments Inc (TXN: Quote), Wednesday reported a 35 percent jump in first-quarter profit, on strong demand for its analog chips, microcontrollers and processors. Results for the quarter topped Wall Street estimates.
The company also…

Apple Profit Climbs 7% On Strong IPhone Sales

Apple Inc. (AAPL: Quote) said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones.
The company’s quarterly earnings per share also came in abov…

Qualcomm Profit Tops Street, But Revenue Misses

Mobile chip maker Qualcomm Inc (QCOM: Quote), Wednesday reported an increase in second-quarter profit, due mainly on a four percent growth in revenues. Quarterly earnings topped Wall Street estimates, but revenues fell short of expectations as the sma…

Crude Oil Ends Lower As U.S. Stockpile Rises

U.S. crude oil slipped for a second straight session to end at a more than two-week low on Wednesday, after a weekly oil report from the Energy Information Administration showed crude stockpiles in the U.S. to have risen more than expected last week. …

Gold Ends Higher On Safe Haven Appeal

Gold futures snapped a three-day loss to end higher on Wednesday, as investors sought the safe haven appeal of the precious metal with rising tensions in Ukraine and some weak U.S. existing home sales in March, while global equity markets declined.
In…

Russia Threatens To Retaliate If Interests In Ukraine Attacked

Russian Foreign Minister Sergei Lavrov warned Wednesday that Moscow would retaliate strongly if its “interests” in Ukraine are attacked. He also criticized the Ukrainian administration for relaunching its so-called anti-terrorist operation in the east…