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Union Pacific Corp said revenue in the first quarter increased 3% to $6.1 billion, driven by 3% increase in fuel surcharge and partially offset by negative volume mix and 1% decline in revenue carloads. Operating ratio deteriorated 270 basis points to 62.1%.

Net income in the quarter was flat at $1.63 billion and earnings per share rose 3% to $2.67 from $2.58 a year ago.

In the first quarter, freight car velocity eased 1% to 196 daily miles per car, locomotive productivity fell 5% to 123 gross ton-miles per horsepower day and average maximum train length was flat at 9,159 feet.

The company repurchased 2.9 million shares in the first quarter at an aggregate cost of $600 million.

The railroad operator guided a capital spending plan for 2023 of $3.6 billion, about 15% of total revenue and dividend payout target of 45% of earnings.

Pool Corporation said net sales in the first quarter declined 15% to $1.2 billion from $1.4 billion in the first quarter of 2022 following a 33% rise in the period in 2022 and 57% jump in the quarter in 2021.

Because of unusually cold and wet weather in Western U.S., including Arizona and California where base business plunged 21%.

Net income declined 43% to $101.7 million from $179.3 million and diluted earnings per share fell to $2.58 from $4.41 a year ago.

The company updated the annual earnings guidance range to $14.62 to $16.12 per diluted share from the previous estimated range between $16.03 and $17.03.

On February 24, Pool Corp hiked its quarterly dividend to $1.0 a share from 80 cents a year ago payable on March 29 to stockholders of record on March 15.

Taiwan Semiconductor Manufacturing Company Ltd said first quarter revenue increased 3.6% to NT$508.6 billion and net income advanced 2.1% to NT$206.99 billion and diluted earnings per share edged up to NT$7.98 from NT$7.82 a year ago.

In the U.S. dollars, revenue in the first quarter declined 4.8% from a year ago to $16.72 billion, a decline of 16.1% from a year ago.

In the Taiwanese dollar, compared to the fourth quarter, revenue decreased 18.7% and net income dropped 30%.

In the first quarter, shipments of 5-nanometer accounted for 31% of total revenue and 7-nanometer 20%.

The advanced semiconductor company guided second quarter revenue between $15.2 billion and $16.0 billion and gross margin between 52% and 54%.

Schlumberger NV decreased 5.2% to $49.33 after the offshore oil field contractor said revenue increased 30% to $7.7 billion.

Net income in the quarter soared 83% to $934 million from $510 million and diluted earnings per share rose to 65 cents from 36 cents a year ago.

The oilfield services provider guided full-year 2023 capital expenditure between $2.5 billion and $2.6 billion, higher than $2.3 billion in 2022.

During the quarter the company repurchased 4.4 million of its shares at an average price of $52.65 a share totaling $230 million.

The company's board approved a quarterly cash dividend of $0.25 per share of outstanding common stock, payable on July 13 to stockholders of record on June 7.

Procter & Gamble rose 3.7% to $156.50 after the consumer products maker reported better-than-expected quarterly results.

P&G said revenue in the fiscal third quarter ending in March increased 4% to $20.1 billion, driven by 10% increase in prices and 3% decline in volume.

Net income attributable to common stockholders increased 1% to $3.39 billion from $3.35 billion and diluted earnings per share rose to $1.37 from $1.33 a year ago.

The company revised its full-year sales guidance to increase 1% from the previous estimated range between decline of 1% and in-line.

HCA Healthcare Inc increased 5.1% to $284.67 after the hospital operator reported quarterly results that exceeded expectations.

Revenue in the first quarter increased 3% to $15.6 billion from $14.95 billion and net income edged up to $1.54 billion from $1.46 billion and diluted earnings per share advanced to $4.85 from $4.14 a year ago.

The company lifted its full-year revenue range between $62.5 billion and $64.5 billion from the previous outlook to between $61.5 billion and $63.5 billion.

Net income range was revised higher to between $4.76 billion and $5.16 billion from $4.525 billion and $4.895 billion.

Earnings per share range was revised higher to between $17.25 and $18.55 from the previous outlook between $16.40 and $17.60.

CSX Corporation increased 2.8% to $31.69 after the railroad operator reported first quarter results.

Revenue increased 9% to $3.7 billion and net earnings rose 15% to $987 million from $859 million and diluted earnings per share rose to 48 cents from 39 cents a year ago.

PPG Industries increased 0.8% to $142.55 after the company lifted its full-year outlook.

Revenue increased 2% to $4.3 billion and net income soared to $264 million from $18 million and diluted earnings jumped to $1.11 from 8 cents a year ago.

The company guided flat sales in the second quarter and earnings per share between $1.92 and $2.02 and adjusted earnings per share in the full-year 20223 between $6.95 and $7.25, excluding amortization charges and non-cash pension settlement charges.