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U.S. markets news

Alibaba Valuation Rises to $168 Billion After Eearnings
Alibaba Group Holding Ltd.'s estimated valuation rose 9.8 percent ahead of a potential initial public offering after China's biggest e-commerce company posted record sales and earnings.
It's official: Yahoo's former No. 2 made a lot more than his boss  NDTV
Yahoo's first quarter boosted by core business growth  Independent Online
CNNMoney   Related articles »  
European Car Sales Rise Sevent Straight Month on Renault
Registrations in March jumped 10 percent to 1.49 million vehicles, the Brussels-based European Automobile Manufacturer's Association, or ACEA, said today.
European Car Sales Rise 10% as Replacements Help Renault  Businessweek
European Car Sales Strengthen on Manufacturer Incentives  New York Times
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FOREX-Dollar hurt by Yellen's low rate stance, pound at 4-1/2 yr high
(Recasts, adds fresh quotes, changes DATELINE). * Sterling strong near 4-1/2 year high vs dollar. * Trading activity winding down ahead of Easter holidays.
European Shares Take Pause From Rally on Fed Comments  Wall Street Journal
Yellen says full US employment coming into view, slowly  Business Recorder
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Asian Stocks Broadly Higher Ahead Of Easter Break
Asian stocks ended mostly higher on Thursday following reassuring comments from the Federal Reserve chief. Gains, however, were modest on growing concerns about military activity in Ukraine and amid caution ahead of a long weekend.
Stocks gain for 3rd consecutive day  Jackson Clarion Ledger
US Stocks Close Higher for Third Day in a Row  ABC News
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Google earnings disappoint; analysts ask how much can it continue to grow
Internet users are migrating to mobile devices, but ads on phones and tablets still do not have the familiarity and appeal they do on bigger computers.
The GOOG Disappoints Analysts (Again)  PYMNTS.com
Google earnings disappoint as ad prices slip  HeraldNet
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Uninsured rate drops more in states that expanded Medicaid, run own exchanges
News outlets also provide updates on Medicaid expansion efforts and debates in Colorado, Virginia, Missouri, Montana, North Carolina and Indiana.
Obamacare Helped Up to 10 Million Get Insurance, Gallup Finds  NBCNews.com
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AmEx Profit Surpasses Estimates as Customer Spending Increases
American Express Co. (AXP:US), the biggest U.S. credit-card issuer by purchases, posted a first-quarter profit that beat analysts' estimates as customer spending climbed.
American Express net income up 12%  Stock Market Wire
Leash on expenses helps AmEx counter muted user spending  Fox Business
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Mortgage spats hurt Bank of America
New York - Bank of America swung to a quarterly loss as the second-biggest US lender booked $6 billion (R63.4bn) of costs tied to mortgage disputes.
Bank of America posts quarterly loss on legal costs  Boston Globe
Legal costs hit Bank of America's bottom line  CNNMoney
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Weibo IPO valued at lower-than-expected $3.46bn
Weibo, the Shanghai business described as China's answer to Twitter, will be valued at a lower-than-expected $3.46bn (�2.06bn) when it goes public on the Nasdaq on Thursday, amid concerns about the microblogging service's slowing user growth and ...
Sina Weibo sees shares priced below expectations in US IPO  Deutsche Welle
Sina Weibo to be listed in Nasdaq  ecns
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UPDATE 2-SAP warns exchange rate impact to worsen in Q2
... * Sees Q2 forex hit of 8 pct points on operating profit. * FY profit hit would be 5 pct points at March forex rates. * Q1 operating profit 919 mln euros, below poll of 961 mln.
SAP Earnings Miss Estimates Amid Shift to Online Software (2)  Businessweek
SAP Q1 Profit Rises; Reiterates Full-year Outlook  RTT News
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