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U.S. markets news

North Dakota House endorses revamp of state oil taxes
The large trigger becomes effective if the benchmark price for West Texas Intermediate crude in Cushing, Okla., averages less than $55.09 per barrel for five consecutive months.
North Dakota Oil Tax Bill Passes in the House  Valley News Live
FOREX-Euro weak as Greek worries intensify, trades near 3-month low vs Swiss ...
... * Dollar rises against basket of major currencies. * Euro on the defensive on worries over Greece. * German economic sentiment survey test up next for euro (Recasts, adds comments).
Russia Pushing Greece Gas-Pipeline Accord Amid EU Standoff  Bloomberg
Europe Open - Greek Default A Growing Possibility  Seeking Alpha
Bullet train hits tracks at 603 kph
A magnetically levitated (Maglev) train developed by Central Japan Railways Co (JR Central) operates a test run at JR Central Yamanashi Maglev Test Line on May 11, 2010 in Tsuru, Japan.
Japan's Maglev Train Breaks World Speed Record, Again  NBCNews.com
Japan's maglev train breaks new world speed record  Economic Times
Wall Street rallies
New York - Wall Street ended sharply higher on Monday after China moved to stimulate its slowing economy while investors bought up technology stocks on cautious optimism on upcoming earnings reports.
Wall Street Rallies on China Stimulus Ahead of Tech Earnings  NDTV
US Stocks Bounce Back  Wall Street Journal
Raytheon raises security portfolio
Raytheon Co. is buying computer security software company Websense from Vista Equity Partners in a $1.9 billion deal to expand the Waltham-based defense contractor's cybersecurity reach.
Raytheon targeting computer weaknesses with $1.9 billion cybersecurity deal  Boston Globe (subscription)
Credit Suisse posts a mixed bag after missing M&A bonanza
Watch out for some of the cupboards. I'm not sure I cleaned absolutely everything out... MICHAEL BUHOLZER/AFP--Getty Images. New CEO Thiam inherits concerns about capital´┐Żand about yet more legal bills for past misdeeds.
Credit Suisse Drops as Capital Erosion Stokes Concern on Buffers  Bloomberg
Credit Suisse profits jump by nearly a quarter  Economic Times
UPDATE 2-SAP Q1 profit in line as sales surge, aided by cheap euro
... * Quarterly operating profit up 15 pct at 1.06 bln euros. * Excluding currency effect, operating profit drops 2 pct. * Reiterates 2015 operating profit of 5.6-5.9 bln euros.
SAP revenue tops estimates on weak euro (SAP)  Seeking Alpha
SAP's (NYSE:SAP) Profit Fell By 23% In Q1  OctaFinance.com
Comcast to meet with regulators in bid to save Time Warner Cable deal
Comcast Corp.'s turbulent bid to acquire Time Warner Cable Inc. shifts into high gear this week, some 14 months after the blockbuster $45-billion deal was unveiled.
It's crunch time for Comcast-Time Warner Cable  CBS News
RPT-Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed  Reuters
Hong Kong stocks jump 2.79%
Hong Kong stocks have resumed their rally, surging 2.79 per cent after a heavy sell-off in the previous session as dealers follow a strong lead from Wall Street.
Asian stocks follow Wall Street higher  Daily Times
Hong Kong stocks post biggest gain in two weeks as China buyers pour in  Daily Mail
ECB staff mull plans for Greek 'disorderly default'
The European Central Bank (ECB) is making contingency plans for both an "orderly" and "disorderly" default by Greece, sources told CNBC Tuesday, as the country's borrowing costs soar and Greece edges closer to bankruptcy.
Greek bank shares slide to record low as ECB considers pulling the plug  Telegraph.co.uk
MarketsFunding fears hit Greek bank stocks  Financial Times