General Motors Co. (GM) customers kept their pressure on the automaker to share more information about its recalled cars, asking a bankruptcy court to let their probe of the company go forward after a judge in California halted it.
U.S. markets opened markedly higher on Thursday on upbeat earnings and durable goods data, but this was dampened as tensions between Russia and Ukraine escalated with Moscow ordering military drills.
Zimmer Holdings Inc. (ZMH), a maker of artificial hips and knees, agreed to acquire rival Biomet Inc. for $13.4 billion to become the second-largest company in the rebounding market for treating muscle and orthopedic injuries.
Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.
... * Stock drops 2.6 pct, biggest percentage loser among Dow components. * Posts fewer net subscriber adds than rival AT&T. * Adjusted EPS misses Wall Street expectations by 3 cents.