Baker Hughes (BHI) gains on Q1 numbers

Baker Hughes (NYSE: BHI) shares jumped 4.6% to $69.34 after the company reported Q1 results. Baker Hughes reported its quarterly net income of $328 million, or $0.74 per share, up from $267 million, or $0.60 per share, in the year-ago period. On an adjusted basis, it earned $0.84 per share. Share volume was 849,000, compared to an all-day average of 765,000