Some high profile earnings beats by General Electric, Pepsico and Morgan Stanley helped counterbalance the hangover of Wednesday's big tech earnings misses.» Read More
NEW YORK, April 18- Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled against him last year. District Judge Naomi Reice Buchwald in Manhattan ruled that the indictment adequately alleged the essential elements of the crimes charged.
TAIPEI, April 14- Taiwan Semiconductor Manufacturing Co Ltd targets record revenue in the second quarter as more of the company's chips are installed in high-end smartphones to power increasingly complex features.
*Yahoo rallies after results; BofA falls. NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
After a few rocky days for stocks, it's time to buy growth companies on the cheap, T. Rowe Price's Josh Spencer says.
*China's growth slows, but exceeds median forecast. NEW YORK, April 16- U.S. stocks rose for a third straight session on Wednesday after data showed China's economic growth exceeded expectations and U.S. industrial production rose for a second straight month.
Cisco Systems Inc. rose. 6 percent to $23.03 with 30,873,300 shares traded. Comcast Corp. rose 1.6 percent to $49.17 with 20,014,400 shares traded. Facebook Inc. rose 1.1 percent to $59.72 with 76,473,700 shares traded.
CNBC's Jon Fortt breaks down the data on Intel's Q1 earnings and revenues, and discusses where the real growth will come from for the chip maker.
CNBC's Jon Fortt breaks down the Q1 earnings of Yahoo and Intel.
U.S. stock index futures traded higher on Wednesday, ahead of a busy day for bank, tech and pharmaceutical earnings.
Some of the names on the move ahead of the open.
*Sees H1 sales of 3 bln euros including EUV sales. AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, trimmed its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers. ASML had previously forecast sales of 3 billion euros excluding the EUV systems.
AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, cut its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers.
AMSTERDAM— ASML Holding NV, the largest supplier of equipment to computer chip makers such as Intel and Samsung, says it sees only incremental sales gains in the coming two quarters. Without specifying which companies or products, ASML said chipmakers are "encountering timing uncertainties in next-generation device designs."
AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, altered its sales forecast for the first half, saying it now expects to sell 3 billion euros worth of products including extreme ultraviolet systems.
*Softbank, Yahoo reap the benefits of Alibaba holdings. SYDNEY, April 16- Asian share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome. "This is likely to be the low point for this year," said Shane Oliver, head of investment strategy at AMP Capital in Sydney.
*Nikkei leads the way encouraged by late rally on Wall St. SYDNEY, April 16- Asian share markets were mostly in the black on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
*European bond yields hit new lows as Ukraine tensions mount. SYDNEY, April 16- Asian markets took some comfort from a late spurt by Wall Street on Wednesday as investors tensed for a reading on Chinese economic growth, while rising tensions in Ukraine kept safe-haven sovereign debt well bid.
SAN FRANCISCO, April 15- Intel Corp's first-quarter net profit exceeded Wall Street's estimates as the chipmaker wrestles with slow demand for personal computers and its chief executive officer said an ambitious goal to stake out market share in tablets was on track.
Intel is among the companies making news after the bell: INTC, YHOO, CSX
SAN FRANCISCO, April 15- Witnesses at an upcoming trial over no-hire agreements in Silicon Valley should not be allowed to offer evidence that Apple co-founder Steve Jobs was "a bully," four major tech companies argued in a court filing.