Reuters - U.S. stocks were flat on Monday, with the Dow pausing in its ascent to the milestone 13,000 level, as brokerage downgrades of Pfizer Inc. and Exxon Mobil offset stronger-than-expected profits.
More: continued here
Reuters - Kimberly-Clark Corp. said on Monday that first-quarter profit jumped 64 percent, driven by growth in developing and emerging markets, and stood by its full-year profit view despite topping Wall Street's expectations as it faces higher fiber costs.
More: continued here
Reuters - British bank Barclays Plc has agreed to buy Dutch rival ABN AMRO for about 67 billion euros ($91 billion) in shares as it attempts to fight off rivals to clinch the world's biggest bank takeover.
More: continued here
Reuters - U.S. stocks appeared headed for a weaker start on Monday with eyes on another batch of quarterly earnings, including from Texas Instruments , and on shares in companies involved in M&A activity.
More: continued here
Reuters - U.S. corporate profits will be smaller, demand for goods will diminish, hiring will slow and weaker growth is expected later this year, a survey released on Monday showed.
More: continued here
AFP - US-based Citigroup and Britain's HSBC were among a group of banks that started providing local-currency retail services in China Monday after receiving the final green light, state media said.
More: continued here
Reuters - AstraZeneca Plc has agreed to buy U.S. biotechnology company MedImmune Inc. for more than $15 billion in its biggest transaction since the creation of the Anglo-Swedish drugs group in 1999.
More: continued here
Reuters - Affiliated Computer Services Inc.'s chairman and Cerberus Capital Management LP raised their unsolicited offer for the technology services company 4.6 percent, valuing it at about $6.1 billion.
More: continued here