MARKETS / FINANCE

RadioShack Corp's quarterly earnings fell on weakness in its T-Mobile business and higher costs, prompting the U.S. consumer electronics chain to cut the top end of its full-year profit outlook.

The fate of hedge fund founder Raj Rajaratnam will be in the hands of a jury on Monday in the biggest Wall Street insider trading trial in decades.

Stocks were little changed on Monday as investors digested gains from a slew of recent strong earnings reports, while Wall Street was set for a choppy, low volume day with major European markets closed.

Nasdaq OMX Group Inc and IntercontinentalExchange said NYSE Euronext investors should be highly skeptical of the additional merger cost savings outlined by NYSE and Deutsche Boerse AG.

Tokyo Electric Power said it would cut the total compensation of its president, chairman and other top executives by half as it grapples with the world's worst nuclear crisis in 25 years at its Fukushima Daiichi plant.

Wall Street stocks looked set to open near three-year highs on Monday after strong earnings, although traders eyed rising oil prices in what was likely to be a slow session, with major European markets closed.

China's ministry of culture is to punish search engine company Baidu for providing illegal music downloads, a move that may hit its soaring share price.

Aside from maybe the odd cheeseburger stain on his tie, nothing much sticks to Warren Buffett.

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stock index futures on Monday, although traders eyed rising oil prices as a potential negative for the market.

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stocks futures on Monday, although traders eyed rising oil prices as a potential negative for the market.

Like an increasing number of well-heeled Americans, the Hodgsons decided it was time to buy a new home, even if most of the U.S. housing market remains in the dumps.

China needs to guard against volatility in U.S. Treasury prices should investors demand higher returns from U.S. government debt, a researcher at the Chinese central bank said on Monday.

The Bank of Japan is expected to sharply cut its economic forecast for the current fiscal year due to last month's devastating earthquake but project a rebound in the autumn, signaling that it has eased monetary policy enough to keep the economy afloat at least for now.

NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($583 million), up by about a third from its initial estimate, according to a Big Board spokesman on Sunday.

NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($580 million), up by about a third from its initial estimate, according to a Big Board spokesman on Sunday.

Data on how the U.S. and British economies fared in the first three months of the year due next week will likely highlight the tenuous nature of the recovery from recession in developed countries.

Russian law enforcement agencies freed the 20-year old son of Kasperky Lab's founder Eugene Kaspersky following a kidnapping last week, the leading anti-virus software firm said in a statement on Sunday.

China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.

Large blue chips, including some consumer-oriented companies, will have to show they can counter sluggish developed economies by leveraging growth in emerging markets and technology -- if Wall Street is to maintain earnings momentum this week.

China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.

Bank of Japan Governor Masaaki Shirakawa said the country's economy will likely shrink in the first half of 2011 due mainly to stalled output in the wake of Japan's March 11 earthquake and tsunami, the Wall Street Journal reported on Saturday.

The head of Mizuho Bank, the retail banking unit of Japan's second-largest lender Mizuho Financial Group, will resign by June over a massive computer glitch, the Asahi newspaper reported on Saturday.

Tenet Healthcare Corp's board rejected the latest $3.3 billion offer from Community Health Systems , saying the price grossly undervalues the company.

When Amazon.com and eBay report quarterly results next week, investors will try to determine how well the e-commerce rivals' expensive fight for shoppers is paying off.

The yuan ended at a fresh record high on Friday as the central bank continued to allow the currency to rise to help fight imported inflation, but onshore traders remained convinced it would not resort to any one-off revaluation despite rumors overseas.

Online coupon service Groupon has hired a Google executive to be its new chief operating officer, as Google began rolling out a new service aimed directly at Groupon's thriving business.

Online coupon service Groupon has hired a Google executive to be its new chief operating officer, as Google began rolling out a new service aimed directly at Groupon's thriving business.

The dollar hovered around three-year lows on Friday and looked set to come under further pressure next week, while a stronger yen weighed on Tokyo stocks in holiday-thinned Good Friday trade.

Large blue chips, including some consumer-oriented companies, will have to show they can counter sluggish developed economies by leveraging growth in emerging markets and technology -- if Wall Street is to maintain earnings momentum next week.