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| EADS returns to 1Q profit with deliveries up
(AP)
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| AP - Airbus parent EADS said Wednesday it returned to profit in the first quarter as the planemaker increased deliveries and cut costs, helping offset the weaker dollar. |
| Freddie Mac loses $151M in 1Q, but beats expectations
(AP)
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 AP - Mortgage finance company Freddie Mac said Wednesday its first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected. Its shares jumped on the news.
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| Macy's reports loss on weak sales, beats estimates
(AP)
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| AP - Macy's Inc. reported a $59 million first-quarter loss Wednesday because of lower sales and the costs of consolidation, which the company said should start paying off next year. |
| Deere 2Q profit rises, but warns of cost trouble ahead
(AP)
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 AP - Deere & Co., the world's biggest maker of farm machinery, said Wednesday its second-quarter profit rose 22 percent, propelled by lofty crop prices that stoked global demand for its farm equipment despite a faltering U.S. economy.
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| Sony has 4Q profit, but expects decline this year
(AP)
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 AP - Sony punctuated its recovery by swinging to a profit for the January-March quarter from a loss a year ago on its way to a record performance for the fiscal year as it reduced losses from its PlayStation 3 video game business.
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