Companies reporting quarterly earnings Wednesday included:
Abbott Laboratories, the medical device and nutritional products maker, a profit of $544 million, or 34 cents a share, up from $351 million, or 22 cents a share, a year ago. Revenue rose 1.8 percent to $5.38 billion. Shares rose 88 cents to close at $37.28.
American Express Co., a profit of $1.28 billion, or $1.15 a share, up from $1.25 billion, or $1.07 a share, a year ago. Revenue rose 4 percent to $7.88 billion. Shares fell 46 cents to close at $64.13 before the earnings report was released.
Mattel Inc., the toymaker, a profit of $38.5 million, or 11 cents a share, up from $7.8 million, or 2 cents a share, a year ago. Revenue climbed 7 percent to $995.6 million. Shares rose 80 cents to close at $43.78.
The PNC Financial Services Group Inc., the second-largest U.S. regional bank, a profi t of $1 billion, or $1.76 a share, up from $811 million, or $1.44 a share, a year ago. Revenue rose 6 percent to $3.96 billion. Shares rose 26 cents to close at $65.05.
Business, Pages 26 on 04/18/2013