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NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Zimmer Holdings Inc., up $10.52 to $101.97. Caterpillar Inc., up $1.90 to $105.28.
*Apple rallies a day after announcing 7- for-1 stock split. *Caterpillar gains after results; Verizon, 3 M fall. NEW YORK, April 24- The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine held the broader market in check.
April 24- Starbucks Corp on Thursday reported that quarterly sales at established stores in its U.S.-dominated Americas region slightly accelerated as it attracted more customers, who spent more during each visit. That figure included a 6 percent increase for the Americas region that contributes the majority of Starbucks' revenue.
SAN FRANCISCO, April 24- Amazon.com Inc reported higher-than-expected revenue growth in the first quarter and boosted its investments in technology, content and warehouses as the e-commerce giant branches out into new businesses.
Visa and rival Mastercard Inc have been helped by increasing consumer spending in the United States and a shift to plastic payments in emerging markets. Net income attributable to the company rose to $1.60 billion, or $2.52 per Class A share, from $1.27 billion, or $1.92 per Class A share, a year earlier.
NEW YORK, April 24- Charles Schwab Corp has dropped a fight to require customers to waive their rights to participate in class action lawsuits, the company said on Thursday.
WASHINGTON, April 24- While energy reforms have opened the door for Mexico's state-run energy company to expand overseas, its focus for now will be on developing its "low-hanging fruit," the head of Pemex said on Thursday.
SAN FRANCISCO— Google, Apple, Intel and Adobe have settled a class-action lawsuit alleging they conspired to prevent their engineers and highly sought technology workers from getting better job offers from one another.
LAS VEGAS— Casino giant Las Vegas Sands Corp. says its first-quarter net income rose 36 percent due to a strong performance in Macau. Billionaire CEO Sheldon Adelson said Thursday that the company delivered growth in every sector of business in Macau, the only place in China where gambling is legal.
LOS ANGELES— The director of the upcoming "X-Men" film is calling a lawsuit that accuses him of raping an aspiring model and actor in 1999 a shakedown. His statement comes a week after he was sued by Michael Egan III in Hawaii in a case that accuses the director of sexually abusing Egan there when he was 17 years old.
NEW YORK— Starbucks reported a higher quarterly profit in line with Wall Street expectations, helped by stronger sales in its flagship U.S. market. Starbucks Corp. keeps finding ways to attract customers or getting them to spend more. For the quarter, the company earned $427 million, or 56 cents per share.
NEW YORK, April 24- Major U.S. companies including Clorox and Kraft are favoring more bonds in the mix for their employees' defined benefit pension plans, even amid signs the three-decade bull run in bonds is on its last legs.
On Wednesday, it launched Prime Pantry, a grocery delivery service for Prime members And earlier this month, it introduced its first set-top video streaming box called Amazon Fire that sells for $99. It boosted its Prime 2- day shipping membership program annual fee from $79 to $99 in March.
REDMOND, Washington— Microsoft Corp. posted flat revenue and a decline in net income for the fiscal third quarter. Net income in the quarter through March 31 came to $5.66 billion, or 68 cents per share, down from $6.06 billion, or 72 cents per share, a year ago.
April 24- Scott London, a former senior partner at the accounting firm KPMG LLP, was sentenced by a federal judge in Los Angeles on Thursday to 14 months in prison for insider trading. When he was confronted by the FBI, he protected KPMG and his clients by fully cooperating immediately. " London, U.S. District Court, Central District of California, No. 13- cr-00379.
Caterpillar also rose 2 percent after posting better-than-expected results. 3 M was among those companies whose results disappointed investors. 3 M finished down 1 percent.
NEW YORK, April 24- Verizon Communications Inc's reluctance to offer mass discounts in a near-saturated mobile market is costing it new subscribers, analysts said on Thursday even as the largest U.S. wireless carrier beat Wall Street's profit expectations.
NEW YORK, April 24- Apple has long been a trend-setter whose hot products attract imitators, and now its recent stock split might help revive a trend from the 1990 s that has all but disappeared on Wall Street. Apple Inc's move might inspire others, some believe, but only modestly.
*Russian troop movements along Ukraine border raise geopolitical tensions. NEW YORK, April 24- Rising tensions along the Russia/ Ukraine border on Thursday upstaged upbeat U.S. economic data and pulled the U.S. dollar off session highs against the euro and yen as risk aversion took precedence.
NEW YORK— Platinum and palladium prices are rising as a dispute between Russia and Ukraine along with a strike in South Africa push prices up. Russia and South Africa produce roughly 80 percent of the world's palladium. "So you have this double threat of Russia and South Africa at the same time."