• American International Group Inc. (NYSE:AIG) reported first quarter operating income of $2.03 billion or $1.30 per share, well ahead of the Zacks Consensus Estimate of a loss of 15 cents per share and earnings of $637 million or 95 cents per share in the year-ago quarter
• Tesco (NASDAQ:TESO) reported first quarter EPS of $0.13, missing the Zacks Consensus Estimate of $0.16 per share
• Kraft Foods Inc. (NYSE:KFT) posted first quarter 2011 operating EPS of 52 cents a share, well above the Zacks Consensus Estimate of 47 cents by 10.6%
• Visa Inc.’s (NYSE:V) fiscal second quarter 2011 (ended March 31, 2011) operating earnings of $1.23 per Class A common share was three pennies ahead of the Zacks Consensus Estimate of $1.20 per share, but substantially exceeded 96 cents reported in the year-ago quarter on lower share count
• Fluor Corporation (NYSE:FLR) reported first-quarter 2011 earnings per share of 78 cents, outperforming the Zacks Consensus Estimate of 76 cents
• Citigroup (NYSE:C) was upgraded to “overweight” from “equal-weight” by Morgan Stanley
• Access Industries won an auction to take control of Warner Music Group (NYSE:WMG) with a bid of $8.25 a share
• Sony Corp. (NYSE:SNE) Chairman Howard Stringer apologized and also offered U.S. customers of PlayStation Network and Qriocity online entertainment services a year of free identity-theft protection
AMER INTL GRP (AIG): Free Stock Analysis Report
CITIGROUP INC (C): Free Stock Analysis Report
FLUOR CORP-NEW (FLR): Free Stock Analysis Report
KRAFT FOODS INC (KFT): Free Stock Analysis Report
SONY CORP ADR (SNE): Free Stock Analysis Report
TESCO CORP (TESO): Free Stock Analysis Report
VISA INC-A (V): Free Stock Analysis Report
WARNER MUSIC GP (WMG): Free Stock Analysis Report
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