GLOBAL MARKETS

Celera Stock Hits New High On Quest Diagnostics Merger

Celera, Quest Diagnostics Merger
Shares of Celera Corp. (NASDAQ: CRA) touched a new 52-week high of $8.42 on Friday, as it agreed to be acquired by Quest Diagnostics Inc. (NYSE: DGX) for $8 a share or about $344 million in cash, net of $327 million in acquired cash and short-term investments.

World Market Update 21/03/2011

Traders work on the floor of the New York Stock Exchange
US stocks ended higher on Friday as sentiment was buoyed after Libya announced a cease-fire and the Group of Seven (G-7) Finance ministers agreed to intervene in the markets to stabilize the Japanese yen.
IBTimes Logo

World Market Overview 21/03/2011

U.S. stocks climbed higher Friday, as fears of increased violence in Libya ebbed and currency interventions helped to relieve investor worries over Japan's economy.
More news
Traders work on the floor of the New York Stock Exchange

US stocks advance after G-7 Intervention

US stocks advanced in early trade on Friday after the Group of Seven (G-7) Finance ministers had agreed to intervene in the markets to stabilize the Japanese yen.
IBTimes Logo

World Market Update 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
IBTimes Logo

Global Markets Overview 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
Traders work on the floor of the New York Stock Exchange

US stocks rebound after sell-off

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
Google

Google Profit View Raised at Benchmark

Benchmark Capital raised profit estimate of Google Inc. (NASDAQ: GOOG) as channel checks reveal strong search advertising, which is driving double-digit cost-per-click (CPC) growth.
Traders work on the floor of the New York Stock Exchange

World Market Update 17/03/2011

U.S. stocks declined to 2011 lows on Wednesday as worsening crisis at Japan nuclear reactor and weaker-than-expected housing data weighed on the sentiment.
A realtor and bank-owned sign is displayed near a house for sale in Phoenix

Terrible housing data will spark talks of QE3: Borthwick

Wednesday’s housing data was terrible. February housing starts dropped to an annual rate of 479,000 units and building permits fell to an annual rate of 517,000 units. Both figures measure the pace of US housing construction.
silicon test wafer

ON Semiconductor: Exposure to Japan

ON Semiconductor recently purchased Sanyo Semiconductor ($1.1 billion in annual revenues) and thus has several thousand employees and several fabs in Japan.
Oracle CEO Larry Ellison talks during his keynote address at Oracle Open World in San Francisco, California

SAP, Oracle: Impact from Japan Earthquake

Last week's earthquake and tsunami in northern Japan and its aftermath in the form of nuclear reactor crisis present a near-term disruption for a handful of software companies that have exposure to the region.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.