THOMSON FINANCIAL NEWS TOP STORIES Global 0805 BST |
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Wed, 18 Apr 2007 08:22
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LONDON (Thomson Financial) - Here are the top stories on Thomson Financial NewsRoche Q1 sales reach top end of expectations, confirms sales growth targetZURICH (Thomson Financial) - Roche Holding AG reported first-quarter group sales at the high end of expectations of 11.4 bln sfr, up 16 pct year-on-year, and confirmed its full-year guidance for double-digit sales growth at both group level and in the pharma division.Roche also upgraded its target for EPS growth to above group sales, from growth in line with group sales.Intel 1Q profit surges 19 percentSAN JOSE, Calif. (AP) - After enduring a brutal year of plunging profits and massive job cuts, Intel Corp.'s first-quarter profit surge and sunnier financial forecast has analysts optimistic that the chipmaker's painful turnaround is working.The company said it earned $1.61 billion, or 27 cents per share, in the first three months of the year. That's a 19 percent jump from the company's net income of $1.36 billion, or 23 cents per share, in the same period last year.IBM meets 1Q earnings forecastBOSTON (AP) - Quarterly results from International Business Machines Corp. are falling into a pattern: Despite weak spots in certain geographies or business units, the company manages to hit its targets and increase its overall profitability.The technology stalwart kept that model going Tuesday as it reported that first-quarter earnings rose 8 percent and matched Wall Street expectations. Investors knocked the stock down after hours, however, perhaps worried about IBM's poor showing in its home market and its decline in services contract signings.Yahoo 1Q profit drops 11 percent
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