Yahoo ( YHOO ) reported first quarter earnings that were down both sequentially and year over year, but slightly ahead of the Zacks Consensus Estimate of 29 cents. Shares responded to the strength in Alibaba, climbing 2.3%
International Business Machines ( IBM ) is set to announce its Q1 earnings Wednesday, April 16. In the fourth quarter of 2013, the company reported a decline in revenues due to currency headwinds and weaker demand from growth markets. This
Asian American depositary receipts gained on Wednesday as U.S. stocks rose, despite a slower rate of growth in China’s gross domestic product. The BNY Mellon Asian ADR Index gained 0.81%, narrowing its year to date loss to 5.4%. China