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*Internet shares among day's gainers; Google hits new high. But shares of Apple's rival Google shot up to a new record high at $916.38 on news that it has adopted a streaming music business model. Google closed at $915.89, up 3.3 percent.
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NEW YORK, May 15- U.S. stocks scaled record highs on Wednesday as weak data reinforced expectations that stimulative central bank policies would continue, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar.
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*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data.
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*Disappointing U.S., euro zone data fuel hope of stimulus. NEW YORK, May 15- U.S. stocks climbed to record highs Wednesday as weak data reinforced an expectation that stimulative central bank policies would continue, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar.
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*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- The S&P 500 and the Nasdaq rose for a fourth straight day on Wednesday as tech shares gained and offset some weak economic data.
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MINNEAPOLIS-- Frozen foods supplier Overhill Farms has agreed to be purchased for approximately $80 million by Bellisio Foods, allowing the company to expand its position in the frozen entree and snack markets. Overhill's customers include Jenny Craig Inc., Target Corp., American Airlines Inc. and others.
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NEW YORK, May 14- A takeover of Mosaic Co is unlikely in the near term and would be affordable to only a handful of players, executives said in an interview on Tuesday.
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In impassioned speeches during a public roundtable Tuesday at the U.S. Securities and Exchange Commission, Minnesota Democrat Al Franken and Mississippi Republican Roger Wicker accused the big three rating agencies of issuing shoddy ratings, and blamed the problems on the "issuer-pay" model in which the firms are paid by the companies they rate.
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*Tesla Motors extends gains on raised sales outlook. Large-cap banks were among the day's biggest advancers, with Bank of America up 2.3 percent to $13.27 and Citigroup Inc up 2.1 percent to $49.97. Goldman Sachs advanced 2.9 percent to $153.97.
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ST. PAUL, Minn.-- After a cold and wet spring, Minnesota farmers finally have made significant progress in planting. According to the weekly crops and weather report for Minnesota, the U.S. Department of Agriculture says there were 3.6 days rated suitable for fieldwork last week.
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*Company looks to buy shares restricted since Cargill split. May 13- U.S. fertilizer producer Mosaic Co plans to have accumulated a $2 billion cash pile by the end of May to buy back shares locked up since its split from agribusiness giant Cargill Inc..
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MINNEAPOLIS-- Stratasys, which makes three-dimensional printers used to produce models and prototypes, on Monday posted a loss in its first quarter, pulled down mostly by costs related to its acquisition of Israeli rival Objet. Stratasys bought Objet in an all-stock deal in December.
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*Expects $2 bln surplus cash, $3 bln debt capacity as of May 31. May 13- Mosaic Co, the second-largest fertilizer producer in North America, will delay plans to expand potash production in Western Canada due to unfavorable market conditions, a company executive said. Vale SA said in March that it planned to pull out of a $6 billion potash project in Argentina.
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May 13- U.S. fertilizer company Mosaic Co said it favors buybacks over dividends to deploy about $2 billion in surplus cash it expects to have as of May 31. The company has about $3 billion of debt capacity, Mosaic also said in a filing with the U.S. Securities and Exchange Commission on Monday.
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The yen's weakening against the dollar prompted selling of Japanese government bonds, so that Treasuries, Bunds and gilts "sold off in sympathy with JGBs," said Thomas di Galoma, senior vice president and head of fixed income rates sales at ED&F Man Capital Markets in New York.
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The yen's weakening against the dollar prompted selling of Japanese government bonds, and Treasuries, bunds and gilts "sold off in sympathy with JGBs," said Thomas di Galoma, senior vice president and head of fixed income rates sales at ED&F Man Capital Markets in New York.
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The yen's weakening against the dollar prompted selling of Japanese government bonds, and Treasuries, bunds and gilts "sold off in sympathy with JGBs," said Thomas di Galoma, senior vice president and head of fixed income rates sales at E D& F Man Capital Markets in New York.
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NEW YORK, May 10- Treasuries prices fell on Friday, pushing yields to their highest levels in nearly a month and a half, after the dollar rose to a 4-1/ 2- year high against the Japanese yen, breaking through the key 100- yen mark and spurring selling in longer-dated government debt.
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Billionaire Falcone and his hedge fund, Harbinger Capital Partners, have agreed to pay $18 million to settle two lawsuits brought by the U.S. Securities and Exchange Commission, according to a filing by Harbinger Group Inc, a publicly traded investment company where Falcone is chairman and chief executive officer.
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WASHINGTON, May 8- The Senate's top Republican on Wednesday came out strongly against President Barack Obama's labor secretary nomination, accusing Thomas Perez of being a crusading ideologue who would bend the laws to advance his agenda.