Daily Investor Briefing: Wall Street posts best gains in a...

Click to View in Browser 04/17/2012 Wall Street posts best gains in a month NEW YORK (Reuters) - U.S. stocks scored their best gains in a month on Tuesday after Coca-Cola led another round of strong earnings and bond yields fell in Spain, easing some concerns about Europe's debt crisis. IBM boosts 2012 outlook after first quarter results (Reuters) - IBM raised its full year outlook after it posted a 15 percent rise in first quarter earnings on strong demand for its software services and growth in emerging markets. Intel quarterly revenue beats expectations (Reuters) - Intel Corp posted first-quarter revenue of $12.9 billion and net earnings of $2.7 billion, or 53 cents a share, as the personal computer industry wrestles with a shift toward tablets and other mobile gadgets. Yahoo reports $286 million in first-quarter net profit SAN FRANCISCO (Reuters) - Yahoo Inc said it earned net income of $286 million, or 23 cents a share, in the first quarter. IMF inches toward deal on boosting firepower WASHINGTON (Reuters) - The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis. Exclusive: Bank of America puts non-U.S. wealth arm up for sale ZURICH/LONDON (Reuters) - Bank of America Merrill Lynch has put its wealth management units outside the United States up for sale, three sources familiar with the situation said, hoping to bring in up to $3 billion for the sub-scale business. Citigroup loses advisory vote on executive compensation DALLAS (Reuters) - Citigroup Inc shareholders gave a vote of no confidence to the bank's executive compensation plan on Tuesday, dealing a surprise embarrassment to Chief Executive Vikram Pandit. Goldman beats Street but dials back risk (Reuters) - Goldman Sachs Group Inc surprised Wall Street on Tuesday, reporting better-than-expected profit and dialing back risk-taking in ways that are uncharacteristic for the traditionally aggressive investment bank. U.S. factory decline suggests economy losing steam WASHINGTON (Reuters) - Output at U.S. factories slipped in March and builders started construction on fewer homes, offering cautionary signals for an economy that appeared to be gaining traction. Coke beats Street, sees signs U.S. economy improving (Reuters) - Coca-Cola Co posted higher-than-expected quarterly results after the world's largest soft drink maker sold more beverages, even in developed markets with economic challenges, fueling hopes that conditions are improving. Related Video Saft: ECB doesn't need an elephant gun for markets Trading at Noon: Market giants report earnings Related News For stocks, deja vu all over again? Investors turn less neutral on U.S. Treasuries: survey A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend