Earnings Roundup: Verizon, Corning

Among the earnings stories for Monday, April 27, from AP Financial News:

NEW YORK (AP) — Verizon Communications Inc. on Monday reported earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp. and strong demand for its wireless, Internet and TV services.

ROCHESTER, New York (AP) — The specialty glassmaker Corning Inc. said Monday its first-quarter profit fell 99 percent on slumping sales and a charge for previously-disclosed job cuts.

SAN DIEGO (AP) — Qualcomm says a legal settlement with rival chip maker Broadcom Corp. weighed its results to a loss in its fiscal second quarter.

MELROSE PARK, Ill. (AP) — Alberto-Culver Co., whose products include Alberto VO5 shampoo and Noxzema skin cream, said Monday that its profit dipped 3 percent in the second quarter as the stronger dollar pushed sales lower. The results still managed to meet analysts' estimates.

HOUSTON (AP) — Enterprise Products Partners LP, which transports natural gas and oil through its pipeline network, on Monday said its first-quarter profit beat Wall Street estimates, but slid 13 percent due to lower commodity prices and hurricane-related charges.