Cisco’s revenue climbed 10.4%, but the company issued a forecast that suggests its growth rate will remain subdued. Net income fell 5.4%, primarily on acquisition charges.

UBS plans to sell $15 billion in mortgage assets to BlackRock and cut 5,500 jobs an effort to restructure its troubled investment bank, as the Swiss giant recorded a net loss of nearly $11 billion. Video

Disney’s profit jumped 22% on strong growth in the company’s media-networks, studio entertainment and parks-and-resorts divisions.

D.R. Horton swung to a loss on $834.1 million in pretax charges related to inventory impairments and write-downs of land.

Swiss Re’s net profit fell 53% on a hefty write-down tied to U.S. subprime investments. Hannover Re’s net rose 23%.

Adidas reported a sharp rise in first-quarter net profit due to growth in the adidas and TaylorMade-adidas Golf brands.

Updated from 4:18 pm ET. Aside from the ongoing Microsoft-Yahoo drama, Tuesday’s tech rally was mainly a function of broad market momentum, which continued despite oil’s surge and Fannie Mae’s gaping loss.  (Ironically, it was ener

Once again, the financials are dictating market action.Early Tuesday, the broad market weakened in the wake of crude’s latest spike and

While Condoleezza Rice visited Russia, political pundits discussed her as a possible vice presidential candidate. Fox’s Doug Luzader reports. (April 7)

Americas Columnist Mary Anastasia O’Grady comments on why oil-rich Mexico can’t maximize its oil production. (April 7)

Americas Columnist Mary Anastasia O’Grady comments on why oil-rich Mexico can’t maximize its oil production. (April 7)

Jason Magness makes slacklining — tight-rope walking’s extreme cousin — even more difficult. WSJ’s Alexandra Alter reports how Magness is practicing yoga on the inch-wide line and teaching others to do the same. (April 5)