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U.S. markets news

IBM Shares Stay Mostly Flat As Q1 2015 Earnings Again Beat Estimates But ...
An IBM engineer tests new SyNAPSE chips in California. (Credit: David Paul Morris/Bloomberg via Getty Images). IBM IBM missed on revenue for its eighth of nine quarters in a row on Mon.
IBM sales dip 12 percent despite lift from new mainframe  PCWorld
IBM shares inch up in after-hours, in spite of 12% dip in 1Q revenue  Nasdaq
Poughkeepsie Journal  
Global Markets: Stocks steady after China stimulus, euro hurt by Greek woes
TOKYO - Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt.
What higher US interest rates will mean-for China  CNBC
Is Contagion Returning?  Seeking Alpha
CompaniesKaisa's dollar bonds fall following default
Kaisa's US dollar bonds slipped 2 percentage points to around 56 cents on the dollar on Tuesday morning after the developer confirmed it had missed two interest payments, putting it officially in default.
Kaisa defaults on interest payments on its offshore debt  Perth Now
Kaisa defaults on offshore bond interest payments  China Economic Review
In Purchase, Raytheon Gets Defense-Grade Cybersecurity
Raytheon is buying the cybersecurity company Websense from the private equity firm Vista Equity Partners in a deal valued at $1.9 billion, a move aimed at making defense-grade cyberprotection available to businesses.
Raytheon broadens cybersecurity products with $1.9 billion deal  Boston Globe (subscription)
Missile-maker Raytheon Buys Websense for $1.9 Billion  eWeek
Wall Street Rallies on China Stimulus Ahead of Tech Earnings
Wall Street rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and cautious optimism about U.S.
Apple, IBM lead tech gain before earnings as US stocks rebound  Chicago Tribune
US stocks rebound on Monday as Chinese, Greek news fuels rally  Moneycontrol.com
Shopping Frenzy Over Lily Pulitzer
Lines around the block and mega sell-out as customers waiting for hours at Target to buy the designer's goods. 1:27 | 04/20/15.
While left-out Lilly Pulitzer fans are still fuming, analysts say it's ...  Minneapolis Star Tribune
Running out: Limited-time deals can be limiting  Richmond.com
Brussels to charge Russia's Gazprom with market abuse
The decision to send a formal statement of objections is a gamble for the European Commission. AFP. by Christian Oliver and Alex Barker.
5 Things to Know About the EU's Case Against Gazprom  Wall Street Journal (blog)
EU competition regulator set to accuse Gazprom  The Times (subscription)
California drought: Court rejects higher rates for big users
A state appeals court dealt a potentially serious blow Monday to local governments' attempts to encourage water conservation in drought-parched California, ruling that they cannot charge higher rates to big users simply because those customers guzzle more ...
Water pricing to spur conservation ruled unconstitutional  Chron.com
California Court Rules Water Pricing Plan Violates Law  New York Times
Oil prices ease as US stockpiles seen rising
SINGAPORE (Reuters) - Oil prices eased on Tuesday on expectations of another rise in U.S. stockpiles and as Saudi Arabia keeps output near record highs, but prices remained near a 2015-peak reached last week.
NYMEX crude dips slightly in early Asia with API data ahead, Yemen eyed  Nasdaq
Oil falls on strong dollar and Saudi output  Irish Independent
Morgan Stanley's Results Improve on Stronger Trading, Deals Environment
Morgan Stanley MS 0.57 % joined many of its largest peers in posting higher first-quarter profits as the Wall Street firm benefited from busy markets and a flurry of corporate mergers.
IBM tops 1Q profit forecasts  Sacramento Bee
Goldman Sachs, Morgan Stanley Find Different Paths to Profits  Nasdaq