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U.S. markets news

Mylan Rejects Teva's $40 Billion Takeover Offer
The drug maker Mylan on Monday pointedly rejected a $40 billion takeover bid from an Israeli competitor, Teva, setting up a potentially drawn-out battle between the two.
Mylan Rejects Teva's Unsolicited Bid  Wall Street Journal
Mylan rejects Teva's $40.1 billion buyout offer
Wall Street opens up, Nasdaq closer to record ahead of Apple earnings
(Reuters) - Wall Street was higher at the open on Monday and the Nasdaq inched closer to its record intraday high ahead of Apple's (AAPL.
Europe Stocks Rally on Greece While S&P 500 Gains, Gold Rebounds  Bloomberg
US stocks creep higher at start of busy week for earnings  San Francisco Chronicle
European Stocks Rebound After Greece Reshuffles Bailout Team
European stocks rebounded Monday after Greece reshuffled its team for bailout negotiations with creditors. Markets had opened lower, after Friday's summit of eurozone ministers ended in deadlock, but picked up in the afternoon while Greek bonds rallied.
Greece reshuffles EU/IMF negotiating team after Riga debacle  Reuters Canada
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
Don't Believe Everything You Read: Lower Fuel Prices Aren't Why US ...  Forbes
Fitch Upgrades Marsh & McLennan to 'A-'; Outlook Stable
(The following statement was released by the rating agency) CHICAGO, April 27 (Fitch) Fitch Ratings has upgraded Marsh & McLennan Companies, Inc.'s (MMC) long-term Issuer Default Rating (IDR) and senior unsecured debt ratings to 'A-' from 'BBB+'.
Fitch Expects to Rate FS Investment Corp's Senior Unsecured Notes ' ...  MarketWatch
Fitch Downgrades Japan, Warns on Fiscal Policy  Fox Business
Applied Materials calls off $9.4B Tokyo Electron buyout
SANTA CLARA, Calif. - Applied Materials has called off its $9.4 billion acquisition of Tokyo Electron Ltd. after hitting a regulatory roadblock.
Today's Market: Regulators Block Another Deal, Analysts Make Fresh Calls  Seeking Alpha
UPDATE 3-Applied Materials scraps Tokyo Electron takeover on US anti-trust ...  Reuters
Chipotle Removes GMO Ingredients, Pressuring Other Chains
WSJ's Annie Gasparro reports Chipotle has removed all GMO ingredients from its menu and the pressure on other restaurant chains to do the same.
US Chipotles are taking GMOs off the menu  Quartz
Chipotle removes all food containing GMOs from its menu  Al Jazeera America
Canada Stocks Fluctuate as Gold Rally Offsets BlackBerry Decline
Canadian stocks fluctuated, after posting a weekly advance, as a rally in gold producers offset a decline in BlackBerry Ltd. Restaurant Brands International Inc., the parent company of Tim Hortons, rose 3 percent after posting first-quarter sales and earnings ...
UPDATE 1-Restaurant Brands' revenue up due to product launches, promotions  Reuters
Burger King 1Q same-store sales rise 6.9% in US, Canada  Nation's Restaurant News
Will a change in law mean cheaper state car insurance?
Michigan drivers aren't just dodging potholes; they're also combating the nation's most expensive car insurance, according to the latest report.
Which state has the highest auto insurance rates?  USA TODAY
Study: Michigan drivers pay more than double for auto insurance  WNDU-TV
Dayton Questions Rising Cost Of Southwest LRT Project
ST. PAUL, Minn. (WCCO) - Gov. Mark Dayton said Monday that he's �shocked and appalled� to learn that the Metropolitan Council raised its estimate for the Southwest Light Rail Transit Project by $341 million for a total budget of nearly $2 billion.
Read Gov. Dayton's statement on SW LRT price increase  Minneapolis Star Tribune
Southwest LRT project costs rise to $2 billion  The Sun Current