IBT Staff Reporter

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Mortgage demand stirred by drop in loan rates

U.S. mortgage applications bounced from three-month lows last week as potential buyers locked in lower borrowing costs before the federal tax credit expires, the Mortgage Bankers Association said on Wednesday.

Paulson reassures on Goldman role

Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings.

Visa to buy online processor CyberSource

Visa Inc said on Wednesday that it has agreed to buy CyberSource Corp , a technology company that processes online payments, in a bid to increase its e-commerce business.

Blue chips lifted by Morgan Stanley, Apple

Blue chips rose in early trading on Wednesday boosted by strong results from investment bank Morgan Stanley and Apple, but healthcare stocks weighed on the broader market.

Analysts raise targets on Apple post results

At least eight brokerages raised their price targets on Apple Inc Wednesday, a day after the company posted stellar quarterly profit on record iPhone sales and forecast strong third-quarter revenue.

McDonald's profit beats forecasts

McDonald's Corp reported quarterly profit on Wednesday that beat analysts' forecasts as its U.S. business picked up in March and global sales were keeping up their momentum in April.

Nasdaq set to rise on Apple, bank shares eyed

The Nasdaq was set to rise on Wednesday boosted by Apple's blowout quarter, while the broader market pointed to a flat open as bank shares faced pressure despite strong earnings from Morgan Stanley.

Lockheed posts lower profit, cuts outlook

Lockheed Martin Corp posted a 22 percent drop in first-quarter profit on Wednesday and lowered its full-year outlook, citing a charge tied to recent U.S. healthcare reform.

Nasdaq futures up on Apple, earnings on focus

U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout profits from Apple as the focus shifted to results from four Dow components and other bellwethers including Morgan Stanley.

Stock futures mixed, focus on earnings

U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout earnings from Apple late Tuesday as the focus shifting to results from four Dow components and other bellwethers including Morgan Stanley.

Stem cells prove to fix heart, hope for transplant patient

TORONTO - When doctors performed a coronary artery bypass on a Montreal man with a failing heart, they added a little something else before closing up his chest -- stem cells purified from his bone marrow that they had removed earlier that day. The stem cells serve to regenerate blood vessels and heart muscle cells.

How To Develop a Marketing Plan for your Business

Developing a good marketing plan doesn't have to be complicated. A simple plan can be just as easily implemented. The following are the steps use to create an effective marketing plan that will produce positive results for any product or offered service:

Earnings lift equities, Greece stays in focus

Strong earnings from tech stock Apple and other U.S. companies helped lift global stocks on Wednesday, boosting tech-heavy markets in Asia and feeding optimism about the global economic recovery.

EUR/USD – lost a lot yesterday

Good morning dear traders, how was your yesterday´s trading day? I hope, you could fetch some pips out of the market. As there have been a lot of chances yesterday.

Tech inspires Asian stocks higher, euro struggles

A technology-inspired rally lifted Asian stocks on Wednesday, after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro suffered more falls on fears over debt-stricken Greece.

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