According to Reuters, Apple (AAPL) turned in strong results driven by Mac sales and the stock moved up 10%.
Reuters writes that Sony’s (SNE) profit tripled as webcam sales more than offset losses at the company’s game unit.
Reuters reports that Qualcomm (QCOM) reported higher profits and raised guidance.
The Wall Street Journal reports that Berkshire Hathaway (BRK) has taken a small position in Kraft (KFT).
The Wall Street Journal reports that Shell’s profits rose 18% on refining operation strength.
The Wall Street Journal also reports that Digg has hired Microsoft (MSFT) to handle its advertising sales.
The New York Times reports that Chysler’s buy-out was delayed due to a toughening credit environment.
According to the FT, debt problems may signal the end of the buy-out boom.
Barron’s writes that shares in Baidu (BIDU) rose 18% on strong earnings and guidance.
Douglas A. McIntyre