Aetna Boosts Profit Outlook 

Aetna boosted its profit outlook for the year again as it posted better-than-expected earnings during first three months of the year. It expects $7.20 to $7.40 a share in earnings for 2015, up from its previous call for at least $7.

 
BP Profit Hit by Lower Oil Prices 

BP reported a fall in first-quarter profit, giving the first glimpse of how low prices through the beginning of 2015 affected the world's biggest oil companies.

 
Santander Profit Boosted by New Loans, Fees 

Banco Santander said first-quarter net profit rose 32% on higher fees and stronger lending in the bank's European consumer finance and Latin American units.

 
Standard Chartered Considering Move From U.K. 

Standard Chartered said a sharp rise in the levy it pays to the British government on its global balance sheet could prompt it to leave the U.K., but that it hasn't started a formal review yet.

 
Total Profit Slides Despite Strong Output 

Total said net profit in the first quarter fell 20%, as its strongest production in a decade mitigated the effect of the collapse in oil prices.

 
Best Buy to Accept Apple Pay 

Best Buy said it would join the growing list of retailers accepting Apple Pay this year, undercutting a merchant-led group that had hoped to beat Apple with its own mobile-payment system.

 
Merck Raises Earnings Outlook 

Merck raised its earnings guidance for the year, despite the negative impact of the stronger dollar, as its first-quarter results declined less than expected. Shares rose 4% premarket.

 
Bristol-Myers Reports Higher Sales 

Bristol-Myers Squibb's 1Q revenue rose 6% to $4.04 billion on stronger sales of key drugs, including cancer immunotherapies Yervoy and Opdivo. For the year, it raised the lower end of its EPS estimate by a nickel and now expects $1.60-$1.70. Shares up 2% premarket.

 
Pfizer Trims Outlook on Stronger Dollar 

Pfizer trimmed its full-year outlook amid a stronger U.S. dollar and weaker euro, although the pharmaceutical giant posted better-than-expected 1Q results on the strength of its new products. Revenue fell to $10.86 billion. Shares up 1% early.

 
Ford Profit Down on International Markets 

Ford Motor's 1Q net income fell 7% as profitability in North America and Asia was offset by losses in Europe and South America. Revenue totaled $33.9 billion for the quarter, down 6% from a year ago. Shares down 1% premarket.

 
Daimler Profit Jumps as Mercedes Sales Rise 

German car maker Daimler confirmed its outlook for significant growth this year after first-quarter profit nearly doubled, boosted by sales of Mercedes-Benz cars and Freightliner trucks.

 
Whirlpool Misses Earnings Expectations 

Whirlpool reported a first-quarter profit that missed analysts' estimates and reduced its full-year outlook as adverse currency effects and weaker demand in Brazil cut into sales. Shares down 3% premarket.

 
Philips Profit Slumps as Costs Bite 

Philips posted a 28% fall in net profit as a result of costs related to the separation of its lighting activities, even as it recorded a rise in sales.

 
Iron Mountain Agrees to Buy Recall Holdings 

Iron Mountain said it reached an agreement in principle to buy Australian peer Recall Holdings for about $2 billion in cash and stock, after its earlier bid for the document-management and data-storage company was rejected as too low.

 
McGraw Hill Financial's Profit Tops Expectations 

McGraw Hill Financial posted a stronger-than-expected profit in its first quarter as all its units logged revenue growth despite currency headwinds.

 
Swedbank Net Profit Rises 

Swedish lender Swedbank Tuesday criticized the Swedish central bank's decision to drive interest rates into negative territory as it reported a 9% rise in first quarter net profit, driven by higher net interest income and commissions.

 
Lackluster Avon Explores Makeover 

Although Avon is one of the biggest direct sellers of beauty products and relies heavily on personal relationships, it has lagged behind in developing an online strategy and hasn't capitalized on the opportunities of social media.