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U.S. markets news

Stocks rebound from Friday's slump
NEW YORK - The stock market bounced back from Friday's big loss after getting a boost from some good first-quarter earnings reports.
Hong Kong rebound leads Asian stocks higher  San Francisco Chronicle
House approves new oil tax formula; debate centered on storm-term stability vs ...
House approves new oil tax formula; debate centered on storm-term stability vs. long-term loss. By Amy Dalrymple Today at 9:22 p.m.. Email · News Alerts. news Dickinson, 58602. Dickinson North Dakota 1815 1st Street West 58602. Updated Monday, 8:40 ...
ND House approves new formula lowering oil extraction tax  INFORUM
North Dakota Oil Tax Bill Passes in the House  Valley News Live
ECB Said to Study Curbs on Greek Bank Funds as Unease Grows
A European Union flag flies outside the National Bank of Greece SA in Athens. Photographer: Chris Ratcliffe/Bloomberg. Recommended.
FOREX-Euro weak as Greek worries intensify, trades near 3-month low vs Swiss ...  Reuters
Europe Open - Greek Default A Growing Possibility  Seeking Alpha
Halliburton job toll at 9000; reports loss in 1Q
HOUSTON - Halliburton Co. has cut 9,000 jobs - more than 10 percent of its workforce - in about six months and is considering more cost-cutting moves by June as falling oil prices sap demand for its drilling help.
Cuts represent only 10% of its workforce  WDSU New Orleans
HONG KONG (CNNMoney) -  KPRC Houston
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 to buy cybersecurity firm Websense in US$1.9bil deal  The Star Online
Raytheon targeting computer weaknesses with $1.9 billion cybersecurity deal  Boston Globe (subscription)
Morgan Stanley's Results Improve on Stronger Trading, Deals Environment
Morgan Stanley MS 0.57 % joined many of its largest peers in posting higher first-quarter profits as the Wall Street firm benefited from busy markets and a flurry of corporate mergers.
Morgan Stanley in Talks to Settle $500 Million NY Mortgage Bond Claim  Builder Magazine
Morgan Stanley Reveals Highest Profit Since Financial Crisis  Fox Business
Japan's maglev train breaks own speed record at 603 kph
TOKYO (AP) - A Japanese maglev that is the fastest passenger train in the world has broken its own speed record. Operator JR Central said the train reached 603 kilometers per hour (375 miles per hour) in a test run on Tuesday, surpassing its previous ...
JR Tokai maglev train a blur as it hits world record 603 kph  Asahi Shimbun
Japanese train sets new speed record  Irish Examiner
Credit Suisse beats estimates, profit rises 23% (CS)
Credit Suisse (NYSE:CS) reports a 23% rise in net income (1.05B Swiss francs) in the first quarter from the year-ago period, beating expectations of 1.03B francs, as its investment banking operations and stellar flows into equity markets boosted profit.
Stronger markets boost earnings at Swiss bank Credit Suisse  Washington Post
Credit Suisse beats first-quarter expectations  Financial Times
SAP profit plunges 23%
FRANKFURT--German business software provider SAP SE posted a 23% decline in net profit for the first quarter of 2015, in a further sign the company's transition to Internet-based software products in the cloud is squeezing short- to mid-term profitability.
SAP Q1 profit in line as sales surge, aided by cheap euro  Daily Mail
Weak euro boosts SAP earnings  Deutsche Welle
Appeals court throws out San Juan Capistrano's tiered water-use rates
An appeals court decision handed down Monday has thrown into question a major component of California's drought conservation efforts.
California judge rejects city's tiered water rates  WHTC
Water rate scheme struck down  U-T San Diego