1q earnings

Google's first-quarter earnings came in below analyst projections as the Internet search leader sped up hiring and increased spending other areas to drive up its expenses.

American Electric Power says its first-quarter profit dropped 4 percent as the lingering effects of the recession continue to hurt demand for electricity.

Chip manufacturing equipment maker KLA-Tencor Corp. said Thursday its fiscal 2010 first-quarter profit rose slightly as a steep decline in revenue was offset by lower expenses.

FedEx Corp., the world's second largest package delivery company, raised its first-quarter earnings forecast on Friday, citing better-than-expected international shipments and cost-cutting.

American Software Inc. reported higher earnings for its fiscal first quarter even though revenue came in 7 percent below year-ago levels.

Thomson Reuters Corp. says its first-quarter profit climbed 18 percent on growing revenue, mainly from the company's acquisition of Reuters last year.

Shares of footwear maker Skechers USA Inc. jumped on Thursday, after the company said first-quarter profit rose, helped by tight cost control.

Media conglomerate Viacom Inc. says its first-quarter profit fell 34 percent, hurt by falling ad and entertainment revenue.

Time Warner Cable says its first-quarter earnings fell 32 percent on restructuring and other costs related to its spin-off from former parent Time Warner, despite a boost in sales.