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Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend

Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from the same period of 2015, as declining interest rates reduced the value of the financial instruments it uses to hedge against rate swings.

Chesapeake Reports 1Q Loss
Chesapeake Reports 1Q Loss

05/05/16 - 08:56 AM EDT

Chesapeake Energy reports first-quarter loss but tops expectations

Merck beats 1Q profit views with tight cost controls

Drugmaker Merck beats 1Q profit views as tight cost controls offset slightly lower sales

Kellogg's Sales Decline, But Profit Tops Forecasts

Kellogg's sales and profit declined in the first quarter as the maker of Frosted Flakes, Pop Tarts and Eggos worked to revive its cereal business

Applications for US jobless aid climb, but still near lows

Requests for US jobless benefits rose last week, but levels still close to historic lows

Claude Resources Posts 1Q Profit
Claude Resources Posts 1Q Profit

05/05/16 - 08:36 AM EDT

Claude Resources posts first-quarter profit of $4.4 million

Global stocks steady as US payrolls report looms

Global stock markets recovered their poise following an unconvincing start to May as investors proved reluctant to make big forays ahead of key U.S. jobs data

SeaWorld Loss Widens, But Adjusted Results Top Expectations

SeaWorld's 1Q loss widens as expenses climbed

Uncertainty Over Vote On EU Membership Weighs On UK Economy

A key economic indicator is showing that the U.K, economy is showing that growth is stagnating amid fears of the looming referendum on whether Britain should remain in the European Union

Discovery Beats 1Q Profit Forecasts
Discovery Beats 1Q Profit Forecasts

05/05/16 - 07:16 AM EDT

Discovery Communications tops 1Q profit expectations, misses revenue forecasts

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