N.J. Gov. Chris Christie's "Bridgegate" is threatening a deal that would allow developer Larry Silverstein to finish the new World Trade Center tower.» Read More
NEW YORK, April 24- U.S. Treasury yields rose on Thursday, as stronger-than-expected durable goods data and robust earnings from Apple suggested the U.S. economy was finally on the mend following a harsh winter season.
NEW YORK, April 24- Making mini satellite dishes that collect signals or building remote-controlled mini Rovers such as the kind NASA has used on Mars are the types of activities that could interest kids in science, but their complexity can derail all but the most enthusiastic hobbyist.
Raytheon fell 5 percent after its results for the first quarter came up short of what investors were expecting. 3 M fell 2 percent after its earnings disappointed. Caterpillar also rose after its earnings beat analysts' forecasts.
NEW YORK, April 24- The U.S. dollar rose on Thursday after better-than-expected U.S. durable goods orders while ECB President Mario Draghi undermined the euro by reiterating the potential for asset purchases to ward off deflation risks.
*Adjusted first quarter EPS 18 cents vs estimate 16 cents. April 24- Southwest Airlines said on Thursday its quarterly that more than doubled as average fares increased and it held down costs. Southwest canceled more than 7,500 flights because of bad weather, reducing revenue by $45 million.
SAN JUAN, Puerto Rico— Puerto Rico hopes to persuade wealthy investors to bet on the U.S. territory at a two-day conference aimed at attracting new money amid the island's struggles to recover from a nearly eight-year recession.
HARTFORD, Conn.— Connecticut launched its newest tourism campaign Thursday, marketing the state as an attraction offering a lot without a long drive. It will appear in nearby markets such as the New York City area, Hartford- New Haven, Providence, R.I., and western Massachusetts.
NEW YORK— Mixed earnings from a large number of U.S. companies had stocks moving between modest gains and losses Thursday, despite strong results from a handful of names including Apple and Caterpillar.
*Durable goods orders rise 2.6 percent in March. WASHINGTON, April 24- Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.
The Hershey Co., which makes Kit Kat, Reese's and Ice Breakers, noted that there were "irregular purchasing patterns" at major retailers during the period in the U.S. and that people made fewer trips to certain stores. For the period ended March 30, the company earned $252.5 million, or $1.11 per share.
April 24- Banco Bradesco SA beat first-quarter profit and return on equity estimates on Thursday, even as Brazil's second-largest private-sector bank failed to stem a decline in interest income and jumpstart loan disbursements.
*Tech results lift Nasdaq futures, Apple and Facebook rally. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
NEW YORK— Dunkin' Brands on Thursday reported a lower profit for its first quarter, citing severe weather for dampening its U.S. sales. The company, which also owns ice cream chain Baskin-Robbins, nevertheless stood by its outlook for the year.
NEW YORK— JetBlue's first-quarter profit plunged more than 70 percent as winter storms raked areas of the Northeast where it is based. On Tuesday, it was revealed, that JetBlue pilots voted overwhelmingly to unionize, reversing two earlier votes.
*Alstom shares up more than 14 percent. *GE declines to comment; Bouygues supports Alstom strategy. A deal, which would be GE's biggest ever and would hand it control of Alstom's high-speed TGV trains and rail-signal technology, has the support of Bouygues, Alstom's biggest shareholder with a 29 percent stake, the report said.
NEW YORK— Verizon's $130 billion deal to take over of all of Verizon Wireless is helping lift its profit. Verizon is reaping the benefits of higher profits and full access to Verizon Wireless' cash flows now that the deal has closed, said Verizon CFO Francis Shammo on a conference call with investors.
NEW YORK April 24- AOL is making a push into China with its digital video studio Makers, which struck a partnership on Thursday with that country's privately held Sun Media Group. This is AOL's biggest effort in China since it was spun out from Time Warner Inc almost five years ago.
NEW YORK— When the time comes for a young bird to leave the nest, he's often more than ready to go and doesn't care too much what Papa Bird thinks. The analogy doesn't apply to John Oliver, the former "Daily Show" featured player who debuts his new HBO topical series Sunday at 11 p.m. EDT.
April 24- Transatlantic exchange operator Nasdaq OMX Group Inc on Thursday reported a higher first-quarter profit, helped by increased revenue from recent acquisitions. Net income attributable to Nasdaq rose to $103 million, or 59 cents per share, from $42 million, or 25 cents per share, a year earlier.
The price of oil rebounded to near $102 a barrel Thursday on worries about tensions in Ukraine and continued concerns about crude exports from Libya and Nigeria. By early afternoon in Europe, U.S. crude for June delivery was up 34 cents to $101.78 a barrel in electronic trading on the New York Mercantile Exchange.