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U.S. markets news

The Wit And Wisdom Of Warren Buffett and Charlie Munger
Last weekend, I was in Omaha to participate in my annual ritual of attending the Berkshire Hathaway annual shareholders meeting. I like Warren Buffett and I absolutely adore Charlie Munger.
Mogul Dan Loeb unloads on Warren Buffett  New York Post
Daniel Loeb Strikes Back Against Buffett's Criticism of Hedge Funds  New York Times
Fortune  
Tesla's battery plans overshadow earnings
Forty-five minutes into a conference call with analysts to discuss first-quarter earnings, Tesla CEO Elon Musk decided to share some eagerly awaited news about the company's highly anticipated Model 3 sedan.
Tesla's first acquisition moves it closer to Detroit  Quartz
Tesla's first acqusition is a Michigan auto parts maker  Engadget
Wendy's Announces Plans to Sell 640 Restaurants
Wendy's announced plans Wednesday to sell 640 of its company-owned restaurants in the United States and Canada. The sales are a part of the burger chain's plan to reduce the number of company-owned locations.
Stocks finish weaker; Wendy's selling 640 restaurants; Oculus Rift ...  cleveland.com
Wendy's: Still Plenty Of Upside Despite Premium Price (WEN)  Seeking Alpha
Asian shares slip, euro hovers at 2-month peak amid global bond rout
Tokyo's Nikkei lost 0.6% in the first trading day of the week. Japanese financial markets were closed from Monday to Wednesday for public holidays.
Asian markets are getting slammed  Business Insider
Asian slides, euro at two-month peak as global bond rout rattles markets  Zee News
Janet Yellen Sees a Modest Risk in 'Quite High' Stock Prices
WASHINGTON - Janet Yellen, the Federal Reserve chairwoman, said Wednesday that stock prices were �quite high,� stronger language than she had used previously.
US Fed concerned over debt market investors' excessive risks  Economic Times
Stocks drop decline on worries about values, growth  Boston Globe (subscription)
UPDATE 1-Oil falls after hitting 2015 highs, markets still well supplied
... * Markets remain well supplied despite strong demand. * OPEC will not cut output alone -Gulf delegate. * Prices hit 2015 highs after first U.S.
Oil falls after hitting 2015 highs, markets still well supplied  Livemint
Oil prices jump to a 2015 high  Sacramento Bee
Alexion Puts Its Soaring Stock Price to Good Use
Alexion Pharmaceuticals is putting its high-flying stock to good use. The drugmaker's $8.4 billion offer for its rival Synageva BioPharma includes an astonishing 136 percent premium.
Biotech blastoff: Synageva up 112% on $8B Alexion deal  USA TODAY
Sale of Lexington biotech highlights expensive mergers  Boston Globe (subscription)
Zynga's newly reinstated CEO cutting over 350 jobs
�FarmVille,� you say? Zynga's headquarters this year will look more like a bloody scene from a first-person shooter game. The San Francisco-based video-game maker said Wednesday it will slash 18 percent of its workforce by the fourth quarter as it looks to ...
REFILE-Zynga reports higher-than-expected bookings, to cut jobs  Reuters
Video game maker Zynga to cut more jobs  Fortune
Keurig Green Mountain Inc Stock Dives After Earnings Miss
During the second quarter, Keurig Green Mountain repurchased a total of 7.0 million shares at a cost of $837 million. The company posted non-GAAP earnings of $1.03 per share on net sales of $1.127 billion, a 2% year over year increase.
Shares in Keurig Green Mountain burned by worse than expected 2Q profits  Nasdaq
Keurig Green Mountain (GMCR) Announces Earnings Results  Dakota Financial News
Whole Foods Market to Open Newest Store in University Place on May 7
A custom burger bar in the meat department allows shoppers to order their own stuffed burger creation. Photo courtesy of Whole Foods Market.
Eight things you may have missed Wednesday from the world of business  Boston Globe (subscription)
Whole Foods eyes new retail concept as sales growth cools  Reuters