Raytheon Co. With its $1.9 billion deal to acquire network security company Websense, Waltham-based defense contractor Raytheon Corp.
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.
... * Dollar holds to gains after euro slides overnight. * Euro awaits German economic sentiment survey for possible relief. * Battered Aussie eyes RBA meeting minutes for further cues.
NEW YORK - U.S. stocks surged, recovering nearly all of Friday's selloff, as technology shares including Apple and Microsoft rallied before the industry's largest companies provide a clearer picture of quarterly earnings.
HONG KONG - Kaisa Group Holdings Ltd. became China's first developer to default on its U.S. currency debt after failing to honor missed payments on two dollar bonds.