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U.S. markets news

Apple earnings surge on iPhone sales; co. hikes buybacks
LOS ANGELES´┐ŻApple reported another record quarter late Monday, just days after shipping its first new product since 2010's iPad, the Apple Watch.
Apple's Profit and Revenue Surge, as iPhone Sales Jump and China ...  New York Times
Booming iPhone 6 sales fuel Apple's second-best quarter ever  CNNMoney
Wall Street Journal (blog)  
Tesla Rises as Analysts Cite Energy Storage Opportunity
Tesla Motors Inc. climbed the most in almost six months after two analysts said the electric-car maker's plan to offer storage batteries for homes and businesses is a growth opportunity.
Without Tesla's batteries, the power grid could fail  Computerworld
Tesla Motors Inc (TSLA) Climbs After Battery Report  ValueWalk
Wall St. ends down as biotechs drop 4 percent
(Reuters) - U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.
US stocks drop at start of busy week for earnings,  Washington Post
U.S. Stocks Fall as Biotech Slumps; Apple Climbs in Late Trading  Bloomberg
Don't Believe Everything You Read: Lower Fuel Prices Aren't Why U.S. Airlines ...
The nation's largest airlines last week reported ridiculous - for them - first-quarter profits. And it had far less to do with the price of oil and jet fuel than you've probably read.
Record airline profits don't translate into price cuts for consumers  Fox News
Imperial Capital Slashes Price Target for American Airlines Group Inc, But ...  Smarter Analyst
UPDATE 4-Mylan says Teva offer too low; criticizes stock, growth prospects
(Recasts with details, context; adds analyst comment). By Caroline Humer. April 27 (Reuters) - Mylan NV rejected Teva Pharmaceutical Industries Ltd's $40 billion takeover offer on Monday, saying in a scathing letter that it grossly undervalued the company ...
Teva (TEVA) Likely to Offer $90/Share for Mylan (MYL) in Next Step, Cowen Says  StreetInsider.com
Teva Reiterates Takeover Bid For Mylan Despite Rejection  ValueWalk
GLOBAL MARKETS-Wall St falls; European shares rise on optimism over Greece
... * Drop in healthcare stocks leads U.S. shares lower. * Reshuffled Greek negotiating team helps European shares. * Euro gains on Greece optimism.
European stocks jump as Greece reshuffles debt negotiators  MarketWatch
GLOBAL MARKETS-Wall St dips; Greece negotiating team rejig boosts Europe  Reuters Africa
DuPont Shares Rise After Proxy Adviser Backs Nelson Peltz
Shares of DuPont leapt on Monday after an influential shareholder advisory firm backed efforts by the activist investor Nelson Peltz to win seats on the industrial conglomerate's board.
Proxy Adviser Backs Two Trian Board Seats at DuPont  Wall Street Journal
Peltz scores a victory in battle against DuPont  Fortune
Chipotle will stop serving GMO foods ´┐Ż despite zero evidence that they're harmful
On Monday, Chipotle announced that it has finally accomplished something no other national restaurant chain has done - it has stopped serving foods made directly from genetically modified ingredients.
Chipotle menu now GMO-free. Is GM food opposition growing?  Christian Science Monitor
Chipotle says removal of GMO ingredients from food complete  San Francisco Chronicle
Despite Regulations, Drones Are Taking To The Skies
From package delivery to crop monitoring, drones have the ability to add value to a wide range of commercial services. However, outdated FAA regulations make it difficult for companies to fly drones in the United States.
Amazon among companies asking FAA to expand drone rules  USA TODAY
The Drone Center's Weekly Roundup: 4/27/15  Robohub
Harvey Miller, leading bankruptcy attorney, dies at 82
NEW YORK (Reuters) - Bankruptcy lawyer Harvey Miller, who led Lehman Brothers through its record-breaking Chapter 11 case starting in 2008, has died at 82 after a battle with ALS, his law firm, Weil Gotshal & Manges, announced on Monday.
Weil Gotshal's Harvey Miller, Credited With Transforming Bankruptcy Law ...  Bloomberg Big Law Business
Harvey Miller, Giant of the Bankruptcy Bar, Dies at 82  Wall Street Journal (blog)