CEO Ray Irani

Fresh Market 1Q profit rises, lifts 2012 outlookCBS NewsGREENSBORO, NC — Fresh Market's first-quarter net income climbed 43 percent and the grocer bumped up its outlook for the year Wednesday citing strong sales to begin 2012. Fresh Market earned $19.3 million, or 40 cents per share, for the period ended ...Read Full Story

Clothing seller Gap Inc. says its first-quarter net income was unchanged from a year ago as rising costs and a drop in overseas sales offset sales gains at its Old Navy, Gap and Banana Republic chains. Read the original: Gap 1Q profit flat but outlook bright, shares riseRead Full Story

Macy’s Inc. reported a 38 percent increase in its first-quarter profit as the department store chain continues to reap benefits from its move to tailor its fashions to local markets. Read More: Macy’s 1Q profit jumps 38 percentRead Full Story

Ecuador’s Attorney General said the government expects an arbitration panel to reach a decision this year in a $3.2 billion dispute with Occidental Petroleum Corp. (OXY), the largest onshore crude producer in the continental U.S. The World Bank’s International Centre for Settlement of Investment Disputes should rule on the case in three to six months, Diego Garcia, who represents Ecuador’s government in the case, said yesterday in a phone interview from Miami. The South American country is...Read Full Story

Globe and Mail Johnson & Johnson 1Q Profit Up On Forex Gain,Lower CostsFox Business("Johnson & Johnson 1Q Profit Rose 12% On Forex Gain, Lower Costs," published at 8:36 am EDT, misstated the change in revenue in the fifth paragraph. A corrected version follows:) Johnson & Johnson's (JNJ) first-quarter earnings rose 12% on a …Johnson & Johnson 1Q Profit Rose 12% On Forex Gain, Lower CostsWall Street Journal J&J 1Q Profit Up 12.5% On Forex Gain, Sales Down SlightlyCapital.gr (press release...Read Full Story

Avon Product’s new CEO, on the job for a week, said Tuesday she plans to review every aspect of the beauty seller’s business, including reviewing its operating model, cost structure and product portfolio. Read More: Avon Products 1Q profit. shares skidRead Full Story

WellPoint Inc. said Wednesday that its first-quarter profit fell nearly 8 percent as enrollment slipped and expenses rose, but the health insurer raised its earnings forecast for 2012. View article: Insurer WellPoint’s 1Q profit falls as costs climbRead Full Story

Johnson & Johnson said Tuesday that first-quarter profit jumped 12.5 percent as lower spending on research, sales and administration more than made up for a slight decrease in sales due to generic competition. View article: J&J 1Q profit jumps 12.5 pct. despite sales dipRead Full Story

Biotech giant Amgen Inc. said Tuesday that its first-quarter profit rose 5 percent on higher sales of its top two drugs and two new ones, and it easily beat Wall Street forecasts. See original article: Amgen 1Q profit up 5 pct., beats Wall Street viewsRead Full Story

Johnson & Johnson said Tuesday that its first-quarter profit jumped 12.5 percent on lower spending on research, sales and administration and a boost from selling rights to a drug. Its revenue slipped due to generic competition. Link: J&J 1Q profit jumps despite sales dipRead Full Story