Intel surges

Intel said its first-quar ter profit nearly quadru pled to $2.4 billion as revenue surged 44 per cent to $10.3 billion from a year ago.

Louis love

Shares of Louis Vuit ton parent LVMH rose to their highest price in almost 10 years — 90.05 euros — after the world’s largest maker of luxury goods reported first-quarter sales that beat analysts’ estimates.

Trade deficit

The dollar traded at al most a two-week low against the yen as the US trade deficit in Feb ruary increased more than economists ex pected.

China java

Starbucks, which re ported $9.7 billion in 2009 sales, plans to open “thousands of stores” in China and enter Viet nam and India, CEO Howard Schultz said yesterday.

Wings clipped

Abercrombie & Fitch will limit CEO Mike Jef fries’ personal use of the company aircraft but also pay him $4 million extra because of the change. If Jeffries’ use of the aircraft exceeds $200,000 during a fiscal year, he must reimburse the company.