IBT Staff Reporter

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Stock futures signal slightly firmer open

Stock index futures pointed to a slightly higher open on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.04 percent to 0.2 percent.

'The Voice' garners mixed response

NBC's new singing competition 'The Voice' garners mixed response. While the viewers poured praises on show and judges online, the critics seem to be far from impressed.

Ericsson Q1 profits surge on mobile broadband demand

Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband equipment sales, and said it hoped to have post-Japan quake supply problems ironed out by the end of the third quarter.

Dollar near 3-year lows on Fed view, stocks rise

The U.S. dollar plumbed a near 3-year low against other major currencies on Wednesday before a Federal Reserve decision, which is expected to reinforce an ultra-easy policy stance and drive more capital to buoyant emerging Asian stock markets.

Boeing Statement on Santa Susana Federal Court Decision

The Boeing Company (NYSE: BA) issued the following statement in response to today's ruling by Federal District Court in the Central District of California, overturning California Senate Bill 990 (SB 990), a state law governing the cleanup of Santa Susana Field Laboratory, a former federal government rocket engine and energy testing facility in southern California:

J&J says to buy Synthes for $21.3 billion

Johnson & Johnson is to buy Swiss medical devices maker Synthes Inc in a deal worth $21.3 billion, its largest ever buy, boosting its orthopedics franchise and reshaping the medical technology industry.

Boeing profit seen steady, eyes on Dreamliner

Wall Street expects Boeing Co to report a first-quarter profit in line with year-ago results on Wednesday, while investors will be on alert for confirmation that the long-delayed 787 Dreamliner is finally on schedule.

U.S. buyout dominance likely to recede: Carlyle

America's global dominance of the private equity industry will likely remain for only a handful more years, as other geographies grow stronger and rival firms around the world flex their muscles, Carlyle Group co-founder David Rubenstein predicted on Tuesday.

U.S. buyout dominance will end: Carlyle's Rubenstein

America's global dominance of the private equity industry will likely remain for only a handful more years, as other geographies grow stronger and rival firms around the world flex their muscles, Carlyle Group co-founder David Rubenstein predicted on Tuesday.

Japan retail sales tumble, recovery likely uneven

Japanese retail sales fell in March at the fastest annual pace since 1998 and could remain weak for some time as last month's earthquake, radiation leaks from a damaged nuclear reactor and fears of electricity shortages weigh on consumer sentiment.

Nasdaq, ICE urge NYSE shareholders to back talks

Nasdaq OMX Group and IntercontinentalExchange Inc appealed directly to NYSE Euronext stockholders on Tuesday, asking them to press the Big Board's directors to sit down to talk about their joint bid.

Sony PlayStation Network user data stolen

An authorized person broke into Sony's PlayStation video game online network and stole names, addresses and possibly credit card data belonging to 77 million user accounts in what could be one of the largest-ever Internet security breaches.

Dollar hits 3-year low before Fed, Asia stocks up

The U.S. dollar plumbed a near 3-year low against other major currencies on Wednesday before a Federal Reserve decision where it is expected to reinforce its ultra-easy policy stance while stocks in Asia's developed markets rose, tracking a strong close on Wall Street.

Ericsson set to gain from tech gear rebound

First quarter results from Ericsson look set to benefit from a recovery in the global network gear market that could help soften any impact on its supply chain from the earthquake in Japan.

Amazon eyes rosy revenue

Amazon.com gave a confident revenue forecast that suggested its aggressive expansion into new businesses is paying off, soothing concerns about its slimmed-down profit margin.

Lost Japan sales hurt U.S. company profits

The Japan disaster and aftermath are cutting into the sales and profits of U.S. companies that serve Japanese consumers, from Coca Cola to Coach Inc and 3M Co , even though shoppers are showing some resilience.

BP profit growth seen weak after disposals

BP Plc is expected to post the weakest rise in first-quarter profits among big oil companies on Wednesday, after it was forced to sell assets to pay for the Gulf of Mexico oil spill.

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