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U.S. markets news

German industrial orders up less than expected in March
BERLIN May 7 (Reuters) - Strong domestic demand pushed German industrial orders up in March but weak demand from abroad weighed on the figures, suggesting a only modest start to the year for the manufacturing sector in Europe's largest economy.
German factory orders pick up in March, but below forecast
German Factory Orders Recover in Sign of Steady Growth  Bloomberg
Financial Times  
Wendy's First Quarter Results
Wendy's First Quarter Results The Wendy's Company, the number three United States burger chain revealed the financial results of the first financial quarter and future operations in a conference call on Wednesday.
Burger chain Wendy's to sell 640 restaurants this year  Sierra Leone Times
Stocks finish weaker; Wendy's selling 640 restaurants; Oculus Rift ...
Stocks swept lower as bonds, dollar struggle to steady
LONDON (Reuters) - World financial markets were unsettled again on Thursday as a week-long sell-off in benchmark government bonds, stocks and the dollar, and a race up in oil prices, was compounded by UK election uncertainty.
Asian markets are getting slammed  Business Insider
Hedge fund manager Loeb takes aim at 'Oracle of Omaha' Buffett
LAS VEGAS (Reuters) - Hedge fund mogul Daniel Loeb on Wednesday took aim at the "Oracle of Omaha," calling beloved billionaire Warren Buffett a hypocrite.
Mogul Dan Loeb unloads on Warren Buffett  New York Post
Daniel Loeb Strikes Back Against Buffett's Criticism of Hedge Funds  New York Times
Whole Foods plans new store line
Whole Foods Market Inc., facing slowing sales growth at its supermarkets, said Wednesday it plans to introduce a new line of stores targeted at millennials.
Whole Foods to launch lower-cost chain  WMDT
Whole Foods Market's (WFM) CEO John Mackey on Q2 2015 Results - Earnings ...  Seeking Alpha
ArcelorMittal cuts 2015 global steel demand forecast
BRUSSELS May 7 (Reuters) - ArcelorMittal, the world's largest steelmaker, cut its forecast for the growth of global steel demand this year to between 0.5 and 1.5 percent after reducing its guidance for all regions except Europe.
ArcelorMittal Loss Widens, Warns on Profit Amid Steel Glut  Wall Street Journal
ArcelorMittal's net loss widens to $728 million, cuts capex to $3 billion  Times of India
Siemens to slash another 4500 jobs as power business suffers
Times are tough for the makers of big kit. While GE works out how to rationalize its new combined business with Alstom, its biggest rival is swinging the axe.
Siemens to cut 4500 jobs to help turn round power and gas arm  Financial Times
Germany's Siemens to cut some 4500 more jobs  Washington Post
Alexion to buy Synageva for $8.4B
Alexion Pharmaceuticals, the Connecticut-based manufacturer that runs a plant in Smithfield, agreed to buy Synageva BioPharma Corp.
Alexion Puts Its Soaring Stock Price to Good Use  New York Times
Biotech blastoff: Synageva up 112% on $8B Alexion deal  USA TODAY
China's Stocks Cap Biggest Three-Day Rout Since June 2013
China's stocks capped their worst three-day performance in almost two years amid speculation new share sales will sap funds, valuations have become excessive and the government will take measures to control margin trading.
Beijing tries to tap brakes on stock market boom  U-T San Diego
Tesla Motors Beats Estimates and Logs a $1B Revenue Quarter
Tesla �confident� in its ability to deliver �55,000 Model S and Model X vehicles combined in 2015.� Eric Wesoff May 6, 2015.
Tesla acquires Michigan-based auto supplier  The Detroit News
Tesla's first acquisition moves it closer to Detroit  Quartz