  | | | Wall Street jumps on Apple's results, Fed reassurance | | NEW YORK (Reuters) - Stocks rallied on Wednesday, with Apple's surge giving the Nasdaq its biggest gain of the year, while the Fed chairman reassured markets that the central bank would do more if necessary to lift the economy. | | |  | | | Bernanke says Fed prepared to do more for economy | | WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday said the U.S. central bank "would not hesitate" to launch another round of bond purchases to drive borrowing costs lower if it looked like the economy needed it. | | | | | Watson to buy Actavis for at least $5.60 billion | | (Reuters) - Watson Pharmaceuticals Inc said on Wednesday it agreed to buy Actavis Group for at least 4.25 billion euros ($5.60 billion), in a deal that cements its status as one of the world's biggest suppliers of generic drugs. | | | |  | | | Wal-Mart shareholder sues over bribery scandal | | WILMINGTON, Del (Reuters) - A shareholder sued the board and several officers of Wal-Mart Stores Inc on Wednesday over allegations that the company's Mexican affiliate paid bribes to local officials. | | | |  | | | GE annual meeting interrupted by 99 Percent protesters | | DETROIT (Reuters) - Nearly 100 protesters affiliated with the "99 Percent" populist movement disrupted General Electric Co's annual shareholders' meeting on Wednesday in an attack on the largest U.S. conglomerate's low tax rate. | | | |  | | | Apple growth hinges on China, new devices | | SAN FRANCISCO (Reuters) - Apple Inc's surprisingly strong performance in China has soothed fears that iPhone sales were losing steam, though analysts wondered how long Chief Executive Tim Cook could sustain the company's sizzling growth without a revolutionary new product. | | | |  | | | Plunge in durable goods orders clouds U.S. outlook | | WASHINGTON (Reuters) - Demand for long-lasting U.S. manufactured goods tumbled by the most in three years in March and businesses cut back on spending plans, suggesting the economy slowed as the first quarter drew to a close. | | | |  | | | Boeing profit up on stronger airliner sales | | (Reuters) - Boeing Co turned in a stronger-than-expected quarterly profit on Wednesday, helped by increased commercial aircraft sales, while industry experts praised the company's effort to boost airplane production to meet rising demand. | | | | |  |  | | | 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 | |
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