News Summary

Shares of Halliburton Co HAL rose about 0.3% after the company reported its Q1 net profit at $511 million, or $0.56 per share, up from $206 million, or $0.23 per share, in the year-earlier quarter. The company's revenue surged 40% to $5.28 billion. Excluding $46 million charge associated to international sanctions on oil operations in Libya, the company's earnings came in at $0.61 per share. However, analysts were expecting earnings of $0.58 per share on revenue of $4.87 billion. Shares of KeyCorp KEY fell about 3% after the company swung to a Q1 profit of $173 million, or $0.19 per share, from a loss of $96 million, or $0.11 per share, in the year-ago period. The company's profit from continuing operations came in at $0.21 per share, compared with a loss of $0.11 per share, in the year-ago period. However, analysts were expecting earnings of $0.14 per share. Shares of Amylin Pharmaceuticals Inc AMLN fell about 2.3% after the company posted a Q1 loss at $37.3 million, or $0.26 per share, versus a loss of $38.2 million, or $0.27 per share, in the year-earlier period. The company's revenue dropped to $152.7 million from $174.1 million. On an adjusted basis, the company's loss came in at $0.24 per share. However, analysts were projecting a loss of $0.23 per share on revenue of $156.73 million. Read more from Benzinga's Markets.
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