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U.S. markets news

Wall Street edges higher ahead of Apple results, S&P hits record
(Reuters) - U.S. stocks rose on Monday morning with the S&P touching a new intraday high and the Nasdaq inching closer to its record intraday high ahead of Apple's (AAPL.
US stocks rise in morning trading ahead of busy week for earnings, Fed ...  Fox Business
Europe Stocks Rally on Greece While S&P 500 Gains, Gold Rebounds  Bloomberg
Washington Post  
Mylan Rejects Teva's Unsolicited Bid
Mylan N.V. said its board unanimously rejected the unsolicited bid from Teva Pharmaceutical Industries Ltd. TEVA -2.14 % , the latest move in a three-way tussle in a generic-drug industry facing challenges from slowing growth.
Teva Reiterates Commitment to Cash-and-Stock Acquisition of Mylan for $82.00 ...  MarketWatch
Mylan Rejects Teva's $40 Billion Takeover Offer  New York Times
Cheap Oil Helped, But Let's Not Take Anything Away From Southwest Airlines ...
Southwest Airlines' profits soared to record levels as the company benefited from lower fuel costs. But let's not forget that Southwest Airlines is also a very well run and a shareholder friendly company.
5 Reasons Airlines Won't Pass on Fuel Savings  TheStreet.com
Don't Believe Everything You Read: Lower Fuel Prices Aren't Why US ...  Forbes
Chipotle says it's the first chain to get rid of GMO ingredients
Chipotle Mexican Grill Inc. said Monday that it is using virtually no genetically modified ingredients and that it is the first restaurant chain to do so.
Chipotle Removes All GMO Ingredients From Its Food  CBS Local
Chipotle now free of GMO-ingredients  Today.com
Burger King Posts Best Quarterly Sales Gain in Almost a Decade
Burger King posted its best North American growth in almost a decade after cheap chicken nuggets and limited-time items drew customers, helping parent company Restaurant Brands International Inc. beat earnings estimates.
Burger King 1Q same-store sales rise 6.9% in US, Canada  Nation's Restaurant News
UPDATE 1-Restaurant Brands' revenue up due to product launches, promotions  Reuters
Fitch Affirms Time Warner Cable, Inc. at 'BBB'; Removes Rating Watch Positive
CHICAGO, Apr 27, 2015 (BUSINESS WIRE) -- Fitch Ratings has affirmed the 'BBB' Issuer Default Rating (IDR) for Time Warner Cable, Inc. (TWC) and its indirect wholly owned subsidiary Time Warner Cable Enterprises LLC.
Fitch drops ratings on Japanese debt as the country attempts to rein in debt ...  Fox Business
Fitch downgrades Japan's debt after sales tax hike nixed  CBC.ca
Southwest LRT's cost increases to nearly $2 billion
The Southwest Light Rail Transit project's cost have risen to nearly $2 billion and the project would not open until 2020 due to test results and project delays, the Metropolitan Council reported Monday.
Southwest LRT project costs rise to $2 billion  The Sun Current
Southwest LRT price tag jumps to $2 billion  MinnPost
With economy uncertain, no Fed rate hike is seen before fall
FILE - In this March 18, 2015 file photo, Federal Reserve Chair Janet Yellen speaks during a news conference at the end of the Federal Open Market Committee meeting in Washington.
Forex - Euro slides lower against stronger dollar  Nasdaq
Study: Fed Policy Has Cost Americans $749 Billion in Purchasing Power  MarketWatch
Applied Materials scraps Tokyo Electron takeover on US antitrust concerns
TOKYO (Reuters) - U.S.-based Applied Materials Inc (AMAT.O) on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd (8035.
Today's Market: Regulators Block Another Deal, Analysts Make Fresh Calls  Seeking Alpha
Applied Materials Drops After Tokyo Electrol Deal Falls Through  Fox Business
Which state has the highest auto insurance rates?
Michigan is famous as the nation's automaker Mecca, but auto insurers apparently aren't sharing the love of motoring. Michigan is the nation's most expensive state for car insurance, where residents pay double the national average, says ...
Study: Michigan drivers pay more than double for auto insurance  WNDU-TV
Married drivers pay less for car insurance  KSL.com