BUSINESS

A trader works on the floor of the New York Stock Exchange at the end of the trading day, in New York

Stocks Finish April In Red: Daily Markets Wrap

U.S. stocks ended the last day of April on a sour note with all three major indices posting their first monthly loss of the year, following three months of solid gains. Investors were spooked by a duo of lackluster U.S. economic reports and news that confirmed Spain has plunged into a double-dip recession.
M & A

Mergers, Acquisitions Increase: Sunoco, Delta, Payless Shoe

Mergers and acquisitions are on the upstream as low interest rates, rising business and consumer confidence plus depressed prices for some assets have companies seeking buys that will allow them to expand or cut costs through synergy.
More news
Coca-Cola

Coca-Cola In Talks To Buy $11.6B Monster Beverage

The Coca-Cola Co. (NYSE: KO) is in talks to buy energy drink maker Monster Beverage Corp. (Nasdaq: MNST), an $11.6 billion company whose shares rocketed more than 20 percent Monday, in what would be Coca-Cola's largest acquisition, the Wall Street Journal reported.
Processing facility at Cortez project

Gold Prices Slide Towards $1,650

Gold prices slid towards $1,650 an ounce on Monday, taking a breather after four straight days of gains, as upcoming elections in France and Greece and a European Central Bank meeting later this week pressured the euro versus the dollar.
Hologic

Hologic To Buy Gen-Probe For $3.7B, Gen-Probe Shares Soar

Medical device maker Hologic Inc. said Monday it would acquire diagnostic test maker Gen-Probe Inc. for about $3.7 billion in cash to expand its molecular diagnostic business, international presence and cross-selling opportunities.
Guy Hands

Terra Firma To Buy Four Seasons Healthcare For $1.34B

Private equity group Terra Firma Capital Partners said Monday it would buy Four Seasons Health Care, the UK's largest independent elderly healthcare provider, for 825 million pounds ($1.34 billion) to take advantage of the growing demand.
Malaysia Airlines' Golden Lounge at Kuala Lumpur International Airport, Malaysia.

The 10 Best Airport Freebies

It doesn't take a specific type of traveler to appreciate complementary offerings like a free city tour, Wi-Fi, or a kids play area.
Apple's new iPad

Apple Shares Ease On Tax Story, Microsoft-Nook Deal

Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, fell 3 percent after Microsoft (Nasdaq: MSFT), the world's biggest software company, and Barnes & Noble (NYSE: BKS) announced a new partnership to battle the iPad.
Barnes & Noble

Microsoft, Barnes & Noble Ink New Nook Tie-up

Microsoft (Nasdaq: MSFT), the world's biggest software company, and Barnes & Noble (NYSE: BKS), said they?ve agreed to collaborate on new tablet technology to battle Apple (Nasdaq: AAPL), the world's most valuable technology company and Amazon.com (Nasdaq: AMZN).
Spain

Spain Falls Back Into Recession As Austerity Bites

Spain's economy tipped back into recession in the first quarter and economists said spending cuts aimed at meeting strict EU deficit limits together with troubles in the banking sector would delay any return to growth until late this year or beyond.
IBTimes Logo

Asian Stocks Advance On Fed Easing Hopes

Asian stock markets ended with gains on Monday as disappointing US economic activity data boosted hopes for further monetary stimulus from the Federal Reserve.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.