Stocks in the news: Apple, Credit Suisse, Bank of America, UPS


The following post rounds up the companies making headlines today:

Apple Inc. (AAPL) reported late Wednesday a stronger-than-forecast 15% profit rise on iPod and iPhone sales. iPod sales rose three percent over last year's first three months. iPhone sales were up a whopping 123 percent. Apple's profit for the first three months of 2009 was $1.33 a share, beating analyst estimates of $1.09. AAPL shares were up 4.5 percent at the open.

Credit Suisse (CS) returned to a profit in the first quarter of $1.72 billion to easily trump analyst expectations. The Swiss bank reported a net profit of 2.01 billion Swiss francs ($1.72 billion) for the first quarter of 2009, compared to a loss of 2.15 billion Swiss francs a year earlier. This was roughly double the consensus forecast. CS shares jumped 11.5 percent at the open.