The Bulletin, Bend / Central Oregon News

Norfolk Southern railroad 1Q profit falls 18 pct
OMAHA, Neb. (AP) -- Norfolk Southern's first-quarter profit fell 18 percent as severe winter weather slowed the railroad's shipments and coal revenue dropped 15 percent....

Gannett 1Q net profit falls 43 pct
MCLEAN, Va. (AP) -- Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny....

US stocks edge lower after a six-day rise
NEW YORK (AP) -- The stock market slipped Wednesday, after rising for six straight days, as investors worked through another round of quarterly earnings reports from U.S. companies. Intuitive Surgical was among those announcing disappointed results. A worse-than-expected report on the housing market also weighed on the broader market....

Delta navigates nasty winter, tops profit forecast
DALLAS (AP) -- Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel....

Faster production brings Boeing $965M 1Q profit
Boeing's increased rate of commercial jet manufacturing is starting to pay off for shareholders....

Procter & Gamble 3Q net income up on cost cuts
NEW YORK (AP) -- Procter & Gamble's fiscal third-quarter net income rose 2 percent as it cut costs to offset sluggish sales in categories like beauty and family products....

A stock rally falters as US earnings disappoint
NEW YORK (AP) -- A six-day rally on the stock market is petering out as some U.S. companies report earnings that disappoint investors....

Oil below $102 as US crude supplies seen rising
The price of oil slipped further below $102 a barrel Wednesday as traders awaited weekly data that are expected to show rising U.S. crude stockpiles....

Europe recovery shows signs of strengthening
FRANKFURT, Germany (AP) -- A closely watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum....

Reynolds American 1Q profit falls more than 28 pct
RICHMOND, Va. (AP) -- Reynolds American Inc.'s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs....

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