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    Investment banks Morgan Stanley (MS) and Goldman Sachs Group Inc (GS) posted better-than-expected quarterly earnings on Thursday, helped by gains in merger advisory and stock underwriting. The results underscored how businesses viewed as stodgy before the financial crisis are becoming critical drivers of earnings growth for investment banks now.

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     Mattel  shares are slipping on Thursday after the toy manufacturer reported lower-than-expected quarterly earnings and revenue. By midmorning, shares had taken off 1.4% to $37.33. The company reported net income of a penny a share, 8 cents less than analysts surveyed by Thomson Reuters (TRI) had expected. Revenue slipped 5% year over year to $946.2 million.

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     Shares of Athlon Energy Inc. (ATHL)  are up 1.17% to $41.41 on Thursday morning after announcing the pricing of its underwritten public offering of 12,875,000 shares of common stock at $40 per share. The independent exploration and production company also granted a 30-day option for underwriters to buy up to 1,931,250 in additional shares.

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    * Adjusted profit of $1.07 a share, as expected. * Shares up 1 pct. Rockwell Collins Inc (COL), a maker of avionics and other electronics systems for aircraft, reported a lower quarterly profit on Thursday as income tax expense rose but an acquisition bolstered sales, sending its shares up in early trading. The company is beefing up its exposure to commercial markets as U.S. defense spending shrinks.

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    Shares of Chipotle Mexican Grill Inc.  are up 3.01% to $569 after the restaurant chain reported financial results for its first quarter ended March 31, 2014. Revenue increased 24.4% to $904.2 million, comparable restaurant sales increased 13.4%, and restaurant level operating margin was 25.9%, a decrease of 40 basis points.

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    Chipotle Mexican Grill Inc. (CMG) said first-quarter income improved 8.5% as the burrito chain continued to post strong same-store sales growth amid higher traffic. The restaurant chain boosted its expected growth in same-store sales for the year, now predicting a rise in the high single digit range, from its prior view of a low to mid-single digit range improvement. Shares jumped about 5% premarket after the company easily beat revenue estimates, though earnings were below market...

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    Shares of Barnes & Noble (BKS), Inc.  are down -5.91% to $17.50 after it was announced today that company chairman Leonard Riggio sold a portion of his holdings of Barnes & Noble (BKS) stock. Mr. Riggio said he sold 3.7 million shares of Common Stock, after which his holdings are expected to represent approximately 20% of Barnes & Noble's Common Stock outstanding.

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    NEW YORK-- Morgan Stanley (MS) said Thursday its first-quarter earnings were up 63% to $1.46 billion, or 74 cents a share, compared with $981 million, or 48 cents a share, in the same period the year before. Adjusted earnings per share was 68 cents, compared with a FactSet consensus estimate of 60 cents a share. Total revenues were up 10% to $8.93 billion, compared to $8.15 billion, in the year-ago quarter, and came to $8.8 billion on an adjusted basis.

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    Shares of Baker Hughes Inc. (BHI) are up 3.68% to 68.75 in pre-market trade as the oilfield services company reported revenue of $5.7 billion for the 2014 first quarter, up 10% year over year. Adjusted net income of 84 cents for the quarter was up 29% year over year.

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    Goldman Sachs Group Inc (GS) reported an 11 percent drop in quarterly profit as client activity remained constrained and fixed-income revenue shrank, but both earnings and revenue beat market estimates and the Wall Street bank's shares rose.

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    - Goldman Sachs Group Inc (GS) reported an 11 percent drop in first-quarter profit on Thursday as client activity remained constrained and fixed-income revenue shrank. The Wall Street bank said its net income fell to $1.95 billion, or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013.

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    NEW YORK- PepsiCo Inc. (PEP) reported its first-quarter profit rose 13% to $1.22 billion, or 79 cents a share, from $1.08 billion, or 69 cents a share, a year earlier. Adjusted earnings per share were 83 cents. Revenue edged up to $12.62 billion, from $12.58 billion a year earlier, the beverage company said Thursday.