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  • CenturyLink tops 1Q profit forecasts Tuesday, 5 May 2015 | 4:36 PM ET

    MONROE, La. _ CenturyLink Inc. on Tuesday reported first-quarter earnings of $192 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. CenturyLink shares have dropped 10 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 1.5 percent.

  • *Groupon posts quarterly loss, down 2.2 pct after bell. The $51.4 billion March deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week, suggesting the economy had contracted. "A negative number is scary for the market," said Alan Gayle, senior...

  • Fiserv tops 1Q profit forecasts Tuesday, 5 May 2015 | 4:09 PM ET

    BROOKFIELD, Wis. _ Fiserv Inc. on Tuesday reported first-quarter earnings of $178 million. Fiserv expects full-year earnings in the range of $3.73 to $3.83 per share. Fiserv shares have increased slightly more than 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 1.5 percent.

  • NEW YORK— Stocks are closing lower following two days of gains that brought the market close to a record high. Vornado Realty Trust slumped 4 percent Tuesday after reporting results that fell short of analysts' forecasts. Estee Lauder jumped 4 percent after its results beat estimates.

  • *Stand-off in Greece's debt talks bogs down sentiment. NEW YORK, May 5- Long-term U.S. The two-week selloff in Treasuries, German Bunds and British gilts stemmed from a host of factors including heavy debt supply, less pessimism about Europe, and easing downward pressure on U.S. and European inflation.

  • May 5- U.S. stocks fell further in afternoon trading on Tuesday after the U.S. trade deficit surged in March, suggesting that the economy contracted in the first quarter. The $51.4 billion deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week.

  • European shares drop as Athens bourse slides Tuesday, 5 May 2015 | 12:57 PM ET

    Athens' benchmark ATG equity index fell 3.9 percent on worries over a deadlock in Greece's attempts to strike a deal with its international creditors. Greece stepped up diplomatic efforts with its euro zone partners on Tuesday to avoid running out of money this month, when it must make a big debt repayment to the International Monetary Fund as cash reserves dry...

  • Banks lead Britain's FTSE lower, focus on election Tuesday, 5 May 2015 | 11:59 AM ET

    LONDON, May 5- Britain's top share index ended lower on Tuesday tracking sharp losses in the U.S. market, with HSBC leading the banking sector down after saying a bank levy was hampering its ability to pay a higher dividend. After trading higher in the first, the blue-chip FTSE 100 index gave up gains and finished 0.8 percent weaker at 6,927.58 points, dragged down by...

  • NEW YORK— Stocks are moving lower in midday trading following two days of gains that brought the market close to a record high. Vornado Realty Trust slumped 3 percent Tuesday after reporting results that fell short of analysts' forecasts. Disney rose 1 percent and Estee Lauder jumped 6 percent.

  • The stand-off between Greece and its creditors also curbed appetite for equities. "Greece is not going to get sorted out any time soon. At the moment, I'm more bearish than bullish and I would sell on any stock market rally, "said Terry Torrison, managing director at Monaco- based McLaren Securities.

  • The $51.4 billion deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week. "Everyone is now keeping an eye on Friday's jobs numbers to see if last month's dismal numbers were a momentary blip or for real," said Kim Forrest, senior equity research...

  • NEW YORK— Stocks are little changed in early trading following two days of gains that brought the market close to a record high. Vornado Realty Trust slumped 2 percent Tuesday after reporting results that fell short of analysts' forecasts. Disney rose 1 percent and Estee Lauder jumped 6 percent.

  • European shares fall as Greek stocks slide Tuesday, 5 May 2015 | 9:38 AM ET

    LONDON, May 5- European shares fell on Tuesday as renewed worries over Greece weighed on the region's stock markets. Greece stepped up diplomatic efforts with its euro zone partners on Tuesday to avoid running out of money this month, when it must make a big debt repayment to the International Monetary Fund as cash reserves dry up. Talks continued with the IMF,...

  • May 5- U.S. stocks opened lower on Tuesday after two sessions of gains as trade deficit rose in March, pointing to a contraction in economic growth in the first quarter.

  • The U.S. trade deficit surged to its highest level in nearly 6-1/ 2 years in March and the $51.4 billion trade gap was far larger than the $45.2 billion deficit the government assumed in its snapshot of first-quarter gross domestic product last week. A now-settled labor dispute at West Coast ports had significantly slowed trade at the start of the year.

  • Estee Lauder tops Street 3Q forecasts Tuesday, 5 May 2015 | 7:39 AM ET

    NEW YORK— NEW YORK— Estee Lauder Companies Inc. on Tuesday reported fiscal third-quarter earnings of $272.1 million. Estee Lauder expects full-year earnings in the range of $2.92 to $2.97 per share. Estee Lauder shares have increased roughly 10 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 3 percent.

  • Zoetis tops 1Q profit forecasts Tuesday, 5 May 2015 | 7:21 AM ET

    FLORHAM PARK, N.J.— Zoetis Inc. on Tuesday reported first-quarter earnings of $165 million. Zoetis expects full-year earnings in the range of $1.61 to $1.68 per share, with revenue in the range of $4.68 billion to $4.78 billion. Zoetis shares have increased 5.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed nearly 3...

  • Emerson Electric misses Street 2Q forecasts Tuesday, 5 May 2015 | 7:09 AM ET

    ST LOUIS _ Emerson Electric Co. on Tuesday reported fiscal second-quarter profit of $973 million. Emerson Electric expects full-year earnings to be $4.17 to $4.32 per share. Emerson Electric shares have dropped almost 4 percent since the beginning of the year, while the Standard& Poor's 500 index has increased nearly 3 percent.

  • *Athens' ATG index down 3 pct as debt worries weigh. Traders cited concerns that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns as weighing on the Greek market, with Greek bond yields also rising. Nevertheless, many traders still said new economic stimulus measures from the European...

  • GLOBAL MARKETS-European markets buck China concerns Tuesday, 5 May 2015 | 5:07 AM ET

    *Shanghai index down over 4 percent, more stimulus talk. LONDON, May 5- European markets opened firmer on Tuesday after an extended weekend break, bucking fears of slowing demand from China and despite debt stand-off fears depressing Greek stocks. Britain's FTSE 100 index was up 0.9 percent after a three-day weekend and Germany's DAX rose more than 1 percent,...