GLOBAL MARKETS

Yum! Brands Shares Hit New Life-Time High on Q1 Results

Shares of Yum! Brands, Inc. (NYSE: YUM) touched a new life-time high of $54.98 on Thursday. The company's first quarter revenue exceeded Street view boosted by growth in China, which helped offset weakness in its U.S. operations.

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U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
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Which sovereign is the most risk-free?

US Treasuries are called the “risk-free assets” of the financial world. However, the moniker of “risk-free asset” may actually belong to another country.
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US stocks advance on earnings but data weighs

U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
Traders work on the floor of the New York Stock Exchange

US stocks advance on upbeat earnings

U.S. stocks advanced in early trade on Thursday as robust earnings from Apple, Morgan Stanley and General Electric offset higher-than-forecast jobless claims data.
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World Market Update 04/21/2011

US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
Traders work on the floor of the New York Stock Exchange

Global Markets Overview 04/21/2011

US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
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Intuit Shares Hit New Life-Time High

Shares of Intuit Inc. (NASDAQ: INTU) touched a new life-time high of $56.27 on Wednesday. The company said it will commit to investing $37 million in products and services to promote high-growth entrepreneurship across the country in partnership with President Barack Obama’s Startup America campaign.
Traders work on the floor of the New York Stock Exchange

US stocks rally on upbeat earnings

US stocks rallied in early trade on Wednesday as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
Traders work on the floor of the New York Stock Exchange

US stocks jump at open

Major U.S. stock indexes jumped more than 1 percent at the open on Wednesday as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
 Adobe CEO Narayen speaks at the Samsung keynote address

Creative Suite Losing Ability to Drive Adobe's Business: Analyst

FBR Capital Markets believes Adobe Systems Inc.'s (NASDAQ: ADBE) flagship offering, Creative Suite (CS), is losing its ability to drive Adobe’s business and doesn't see much to materially offset this. The brokerage downgraded its rating on shares of Adobe to underperform from market perform and lowered its price target to $28 from $33.

Biogen Idec Shares Hit New Life-Time High

Shares of Biogen Idec Inc. (NASDAQ: BIIB) touched a new life-time high of $83.99 on Tuesday. The company said it received positive opinion for Avonex Pen against multiple sclerosis from the European Medicines Agency’s Committee for Medicinal Products for Human Use.
US Traders work on the floor of the New York Stock Exchange

World Market Overview 04/20/2011

U.S. stock markets gained for the first time in four days on Tuesday as stronger-than-expected report on new home starts and encouraging quarterly results from Johnson & Johnson helped lift the markets.
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AES Corp. to buy Ohio utility DPL for $3.5 bln

Power company AES Corp. (NYSE: AES) announced an agreement to acquire smaller rival DPL Inc. (NYSE: DPL) for $3.5 billion, or $30 a share, in cash. The deal is the latest in the wave of consolidation in the power industry, as companies seek to add customers to offset high regulatory barriers and aging power grids.
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Global Markets Overview 04/20/2011

U.S. stocks rose Tuesday, clawing back some of the previous day's losses as positive earnings news helped buoy shares. The Dow Jones Industrial Average rose 65.16 points, or 0.53%, to finish near the day's highs at 12266.75. The Standard & Poor's 500-stock index added 7.48 points, or 0.57%, to 1312.62 while the Nasdaq Composite gained 9.59 points, or 0.35%, to 2744.97. The gains came one day after the Dow fell 140 points on credit-ratings firm Standard & Poor's decision to lower its ...
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Gold prices surge above $1,500 on US dollar worries

Gold prices continue to defy gravity and barreled past the psychologically important level of $1,500 per ounce in intraday trading on Tuesday. It briefly hit $1,500.50 and settled at $1494.50. Both figures are record highs.

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