IBT Staff Reporter

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Lennar tops Wall Street's view, shares up

Lennar Corp , the third-largest U.S. homebuilder, reported quarterly results that bested Wall Street estimates and said it expected a profitable 2011, sending its shares up more than 7 percent.

Spain Treasury plans syndicated bond this month: source

Spain plans to issue a 10-year syndicated bond this month, a Treasury official told Thomson Reuters service IFR on Tuesday, replicating last year's issuance pattern as jittery markets push its yield spreads near euro-era highs.

Goldman to disclose more to investors: source

Goldman Sachs Group Inc plans to start disclosing more financial information to investors, including how much of its revenue comes from trading and investing its own money, a person familiar with the matter said.

Futures rise after strong Alcoa earnings

U.S. stock index futures rose on Tuesday as the fourth-quarter earnings season unofficially got started with a strong profit beat from Alcoa and as Europe rebounded from recent losses.

CSR settles Broadcom dispute

British chipmaker CSR said it had settled its legal battle over technology patents with U.S. rival Broadcom Corp, boosting the Bluetooth and Wi-Fi specialist's shares on Tuesday.

Assange due in UK court over Swedish extradition

WikiLeaks' founder Julian Assange is due to appear in a London court Tuesday as lawyers draw the battle lines in his fight to avoid extradition to Sweden for questioning about alleged sex crimes.

China vows tougher punishments for copyright piracy

China has arrested more than 4,000 people for violating intellectual property rights since November and will enforce tougher punishments to combat the rampant problem, a senior government official said on Tuesday.

Euro languishes despite Japan euro bond plan

The euro languished near a four-month low on Tuesday after a brief rally triggered by a Japanese plan to buy euro bonds, while Asian stocks drifted, fearful of Portugal becoming the next casualty of the euro zone's debt crisis.

Euro rises on Japan euro bond plan; world stocks mixed

The euro jumped briefly on Tuesday after Japan said it would buy euro bonds to boost confidence in the European Financial Stability Facility amid fears that Portugal may become the next euro zone member to seek a bailout.

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