"Wallstreet" Reader

Asia Higher; Markets Turn Focus to Fed's Bernanke
South Korea Quarterly GDP Grows 4.2%
Yahoo Mulls Spinoff for Hadoop Software Unit
Barclays to Sell Some U.S. Properties, Loans
Day Traders Ride Silver Streak
Google, Apple Glean Location From Computers
Bernanke's Code: Guide to Fed Chairman's Q&A
NYSE CEO Says Deal Terms Could Improve
Galleon Jury Replays Phone Calls
YouTube to Broaden Movie Rentals
Amazon's Spending Binge Continues
Weak Greenback Could Make Firms See Red
UAW Mum on Early Contract Talks
Electronic Arts Executive Goes to Zynga
Couric Confirms CBS Evening News Exit
Bondholders Can Sue Over Tribune
Cuts Stall Defense Earnings
IBM Lifts Dividend 15%
HKEx Chief Prepares for 'Seismic Change' From China
Shipping Firms Resume Ivory Coast Cocoa Exports

Asia Higher; Markets Turn Focus to Fed's Bernanke

Posted: 26 Apr 2011 07:04 PM PDT

Asian shares were higher, cheered by Wall Street's gains, although volumes were light ahead of the U.S. Federal Reserve's policy decision later.

South Korea Quarterly GDP Grows 4.2%

Posted: 26 Apr 2011 06:06 PM PDT

South Korea's economy grew 4.2% in the first quarter compared with a year earlier, despite concerns that the disasters in Japan and that efforts of China's policy makers to slow growth could crimp their smaller neighbor.

Yahoo Mulls Spinoff for Hadoop Software Unit

Posted: 26 Apr 2011 04:18 PM PDT

Yahoo Inc. is considering forming a new company to exploit Hadoop, free data analysis software used by companies in many industries to manage digital information.

Barclays to Sell Some U.S. Properties, Loans

Posted: 26 Apr 2011 05:37 PM PDT

In one of the largest commercial real-estate offerings by a bank in recent months, Barclays Capital is looking to sell commercial real-estate loans and properties on which it has foreclosed. The original face value of the assets was more than $900 million, according to a person familiar with the matter.

Day Traders Ride Silver Streak

Posted: 26 Apr 2011 06:24 PM PDT

The mania for silver, which is trading at record levels as it nears $50 an ounce, has spread to the stock market as day traders pile into the buying.

Google, Apple Glean Location From Computers

Posted: 26 Apr 2011 06:59 PM PDT

Google and Apple collect and store information about the location of personal computers, as well as mobile devices, disclosures that may heighten concerns about online privacy and the scope of the data collected by tech companies.

Bernanke's Code: Guide to Fed Chairman's Q&A

Posted: 26 Apr 2011 06:54 PM PDT

When Fed Chairman Ben Bernanke makes his debut press conference Wednesday, his every word will be parsed for signs of where he hopes to take U.S. monetary policy. A guide to key issues and seemingly coded messages.

NYSE CEO Says Deal Terms Could Improve

Posted: 26 Apr 2011 04:31 PM PDT

NYSE Euronext Chief Executive Duncan Niederauer said that his company and its merger partner, Germany's Deutsche Börse, have many options to improve their deal to help it overcome a gap between its value and a rival bid led by Nasdaq OMX Group.

Galleon Jury Replays Phone Calls

Posted: 26 Apr 2011 04:16 PM PDT

Jurors deliberating for a second day in the insider-trading trial of Galleon Group founder Raj Rajaratnam returned to the courtroom to listen again to nine tapes of his phone calls that were secretly recorded by government investigators.

YouTube to Broaden Movie Rentals

Posted: 26 Apr 2011 07:22 PM PDT

Google's YouTube is expanding its movie-rental service, as the video site tries to shift from homemade videos to professional entertainment content.

Amazon's Spending Binge Continues

Posted: 26 Apr 2011 06:55 PM PDT

Amazon's profits plunged 33% as the online retailer spent ferociously to build more fulfillment centers and expand its technology offerings.

Weak Greenback Could Make Firms See Red

Posted: 26 Apr 2011 02:44 AM PDT

A weaker dollar is supposed to give U.S. companies an edge. Lately, it threatens to push them over one.

UAW Mum on Early Contract Talks

Posted: 26 Apr 2011 01:22 PM PDT

The United Auto Workers union has made no commitment to reach an early contract settlement with any of the Detroit Three auto makers before their current labor contracts expire this September, its president said.

Electronic Arts Executive Goes to Zynga

Posted: 26 Apr 2011 08:02 AM PDT

Electronic Arts' chief operating officer, John Schappert, has left the videogames publisher to join Zynga as a senior executive.

Couric Confirms CBS Evening News Exit

Posted: 26 Apr 2011 03:18 PM PDT

Katie Couric said Tuesday that her anchor stint on "CBS Evening News" will conclude this spring, ending a five-year run that brought some accolades, but saw its flagship newscast lose viewers.

Bondholders Can Sue Over Tribune

Posted: 26 Apr 2011 04:01 PM PDT

Tribune bondholders were cleared to sue former shareholders who benefitted from the media conglomerate's ill-fated 2007 leveraged buyout.

Cuts Stall Defense Earnings

Posted: 26 Apr 2011 05:27 PM PDT

Top defense contractors are expected to report flat first-quarter earnings this week amid general uncertainty about the outlook for future military spending and cuts in big weapons programs.

IBM Lifts Dividend 15%

Posted: 26 Apr 2011 12:25 PM PDT

IBM's board approved a 15% increase to its quarterly cash dividend and authorized an additional $8 billion to buy back shares.

HKEx Chief Prepares for 'Seismic Change' From China

Posted: 26 Apr 2011 11:21 AM PDT

The first yuan-denominated stock to list on the Hong Kong exchange is laying the groundwork for a "seismic change" when China allows its citizens to invest abroad more freely, the exchange's head, Charles Li, said in an interview.