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U.S. markets news

Facebook's Q1 results soar; CFO to step down
Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 per cent increase in advertising revenue.
Facebook Q1 revenue grows 72 percent on rising mobile ads  Reuters India
Facebook quarterly profits nearly triple to $642m  RTE.ie
USA TODAY   Related articles »  
German Business Confidence Unexpectedly Rises Amid Growth Signs
German business confidence unexpectedly rose in April, signaling optimism that Europe's largest economy will withstand risks from tension in Ukraine to price weakness in the euro area.
European stocks strong after Ifo, US earnings  MarketWatch
Ukraine has no impact on German economy - Ifo economist  Reuters
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S&P 500 streak broken by US stock losses
Broad selling in tech stocks pulled US markets lower on Wednesday, cutting short a six-day streak of gains by the S&P 500. Boeing, Dow Chemical and Delta Air Lines registered strong gains on better than expected quarterly reports, but their impact was ...
Wall Street snaps six-day run  Independent Online
Wall Street snaps six-day run; Apple to split stock  Reuters
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UPDATE 2-Alstom says not told of any takeover offer from GE
... * Alstom to give update on its prospects on May 7. * GE declines to comment, Bouygues not reachable. * Any bid from foreign group would raise eyebrows in France.
Bid news lifts European share markets  Financial Times
GE Eyes France's Alstom in $13B Deal  Bloomberg
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Allergan adopts 'poison pill' defense in Valeant takeover bid
Takeover target Allergan Inc., the company that makes Botox, has adopted a "poison pill" defense intended to delay a buyout by Canadian company Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman.
Allergan Pursuer Valeant: A Drug Maker With Little Patience for Science  Wall Street Journal
Strict Cost-Cutters Who Want to Spend $45 Billion on a Takeover  New York Times
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Euro steady before Draghi's speech, rate hike helps NZ dollar
The euro struggled to make headway on Thursday amid caution before a speech by ECB President Mario Draghi, while the New Zealand dollar rose after the central bank raised interest rates and signalled more tightening.
FOREX -Kiwi rallies on hawkish RBNZ, euro eyes ECB speech  Reuters
Talking the talk  Reuters Blogs (blog)
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Housing supply still not meeting homebuyer demand
Demand from homebuyers continues to outpace supply, according to new housing numbers released yesterday, and experts said relief from rising prices and low inventory isn't in sight anytime soon.
New home sales down 14.5%  Tribune-Review
NY home sales down in first quarter  Poughkeepsie Journal
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Novartis profit rises 23% on sales of new drugs
ZURICH-- Novartis AG said sales of newly-launched drugs helped push first-quarter net profit about 23% higher, a strong performance that comes as the pharmaceutical giant embarks on a major overhaul of its sprawling product portfolio.
Sale of blood transfusion test unit boosts Novartis first-quarter profit  Reuters
Novartis profits boosted by sales in emerging markets  Financial Times
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Unilever sales top estimates; may sell Ragu, SlimFast
LONDON (Reuters) - Consumer goods maker Unilever (ULVR.L) (UNc.AS) reported higher-than-expected first-quarter underlying sales on Thursday, despite a later Easter holiday and a slowing in some emerging markets.
Unilever sales fall as currency weakness weighs  MarketWatch
Unilever to hold course in emerging markets  Financial Times
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UPDATE 2-Brent climbs, stays above $109 on Ukraine tensions
... * Russia says it will respond if its Ukraine interests attacked. * U.S. crude oil inventories rise to highest on record -EIA. * Iraq's southern oil exports on track for record in April.
WTI Trades Near Two-Week Low as Stockpiles Climb; Brent Steady  Bloomberg
Brent climbs, stays above $109 on Ukraine tensions  CNBC.com
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