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U.S. markets news

Facebook Q1 revenue grows 72 percent on rising mobile ads
SAN FRANCISCO (Reuters) - Facebook Inc's (FB.O) mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets.
Facebook quarterly profits nearly triple to $642m
Facebook Leaves Mobile Concerns in Dust With Surge in Revenue  Businessweek
USA TODAY   Related articles »  
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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GE Said in Talks to Buy Alstom for More Than $13 Billion
An employee beneath a carriage of a London Underground Northern Line train at Alstom SA's Traincare Centre in London. Photographer: Chris Ratcliffe/Bloomberg.
GE's Immelt Pursuing Biggest Deal in Bid to Boost Growth  Bloomberg
Bloomberg: GE In Talks To Buy Alstom For More Than $13 Bln  RTT News
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Stocks: The win streak is over
Wall Street failed to extend its win streak to seven days on Wednesday as investors took their feet off the gas. The Dow Jones industrial average and S&P 500 posted minor losses while the Nasdaq landed solidly in the red (down 0.83%) amid more biotech ...
Stocks Drop, Snapping Win Streak  Wall Street Journal
Wall Street snaps six-day run; Apple to split stock  Reuters
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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.
NY home sales down in first quarter  Poughkeepsie Journal
Wanted: Mass. homes for sale  NECN
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NZ dollar gains as RBNZ lifts rates, sees faster economic growth
The New Zealand dollar gained against other currencies after Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while lifting his estimate for economic growth in the March year to 3.5 percent.
New Zealand Raises Interest Rates as Inflationary Pressure Increases  Wall Street Journal
Interest rates hiked to 3pc  New Zealand Herald
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UPDATE 1-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  Businessweek
Brent climbs, stays above $109 on Ukraine tensions
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Qualcomm's Forecasts Show Dependence on China's Rollout of LTE
�The launch of LTE in China is very important to Qualcomm, and it's difficult to predict,� said Qualcomm Inc. Chief Executive Officer Steve Mollenkopf.
Qualcomm's Forecasts Show Dependence on China LTE Rollout  Bloomberg
Qualcomm Disappoints But Remains Attractive  Seeking Alpha
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UPDATE 3-Zynga's Pincus withdraws from operations amid turnaround
(Adds details on 2014 outlook, background, "FarmVille2" on mobile). By Malathi Nayak. SAN FRANCISCO, April 23 (Reuters) - Zynga Inc co-founder Mark Pincus is relinquishing the last of his operational duties at the social gaming company starting on ...
Zynga founder Pincus steps down, Xbox Live GM to head Zynga Studios  Joystiq
Zynga Founder Leaves Daily Role at Struggling Game Maker  New York Times (blog)
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Jury awards Texas family nearly $3 million in fracking case
In a landmark legal victory that centered on fracking, a middle-class north Texas ranching family won nearly $3 million from a big natural gas company whose drilling, they contend, caused years of sickness, killed pets and livestock, and forced them out of their ...
Plano company loses $3 million verdict in Wise County case  Dallas Morning News
Wise County, Texas, couple win $2.9 million jury award in drilling lawsuit  McClatchy Washington Bureau
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