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U.S. markets news

Trade Gap in U.S. Swells to Six-Year High as Imports Surge
The U.S. trade deficit widened in March to the highest level in more than six years, fueled by a record surge in imports as commercial activity resumed at West Coast ports following a resolution to labor disputes.
US trade deficit largest since 2008 as imports surge  Reuters
US Trade Gap Widens on Surging Imports  Wall Street Journal
Washington Post  
Disney Beats Expectations With 10% Quarterly Profit Increase
LOS ANGELES - Despite expected declines in movie and cable network income, the Walt Disney Company on Tuesday reported a 10 percent increase in quarterly profit, beating Wall Street's expectations by a wide margin.
The Walt Disney Company Reports Second Quarter and Six Months Earnings for ...  MarketWatch
Disney (DIS) Stock Gaining in Pre-Market Trading on Earnings Beat  TheStreet.com
EU Raises Growth Outlook as ECB Counters Greek Threat
The European Commission raised its euro-area growth forecast as the impact of a weaker euro and unprecedented monetary stimulus help the economy overcome pressure on confidence from the continuing crisis in Greece.
EU Says Stimulus, Oil Price Speeds Growth  Wall Street Journal
Greece seeks breathing room from ECB chief Draghi  Reuters
U.S. Dollar Rises Ahead Of U.S. Jobs Data
The U.S. dollar strengthened against the other major currencies in the early European session on Tuesday, as traders await the U.S.
Dollar Strengthens After Euro's Recent Rally  Wall Street Journal
Stocks gain on factory data, bund yields rise  Reuters
Panera eliminates additives, joins healthy food trend
The difficult-to-pronounce preservative is on a lengthy list of ingredients that the restaurant chain has promised to eliminate from its food by 2016.
Panera Bread Becomes First National Restaurant Company to Share List of ...  MarketWatch
Panera Bread Drops 150 Artificial Ingredients From Its Menu  TheStreet.com
Greek markets spooked by reports of IMF's debt relief stance
(Updates prices). By John Geddie. LONDON May 5 (Reuters) - Investors shed Greek bonds and stocks on Tuesday on reports that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns.
Bail-out uncertainty plunges Greek economy back into turmoil  Telegraph.co.uk
Even the EU has stopped putting lipstick on the pig that is Greek debt  Fortune
Commonwealth Bank has snubbed its customers and RBA by refusing to pass ...
THE nation's biggest home-loan provider, the Commonwealth Bank, has snubbed its customers and the Reserve Bank by refusing to pass on in full a cut in interest rates.
RPT-UPDATE 2-Australia's RBA cuts rates, markets wonder if that's all  Reuters
Is Australia's Central Bank Done Cutting Interest Rates?  Wall Street Journal
UPDATE 1-Discovery profit beats on distribution revenue growth
(Adds details, outlook). May 5 (Reuters) - Discovery Communications Inc, the owner of Animal Planet and the Discovery Channel, reported a better-than-expected quarterly profit, helped by growth in distribution revenue at its U.S.
Discovery Communications Reports First Quarter 2015 Results  MarketWatch
Discovery Communications (DISCA) Beats on Q1 Earnings  Zacks.com
UPDATE 1-ADM 1st-qtr profit jumps on strong oilseed processing results
(Adds segment results, revenues). By Karl Plume. CHICAGO May 5 (Reuters) - U.S. agribusiness Archer Daniels Midland Co on Tuesday reported higher-than-expected quarterly profit on strong oilseed crushing margins and robust global demand for ...
Archer Daniels Beats Profit Expectations, But Sales Fall Below Forecasts  Fox Business
Archer Daniels Midland''s Revenue Falls  Nasdaq
EU eyes McDonald's tax probe: official
The EU may probe sweetheart tax deals that US fast food icon McDonald's allegedly agreed with Luxembourg, the bloc's competition chief said Tuesday, adding to a growing list of suspects.
EU's Vestager says will not complete tax inquiries in Q2  Reuters