According to Reuters, Toyota (TM) passed GM (GM) as the No.1 car maker in the world during Q1.
Reuters writes that Apple’s (AAPL) ex-CFO has settled SEC charges.
Reuters also writes that China has told the US that its complaints at the World Trade Organization about piracy will hurt trade ties between the two countries.
Reuters writes that Alcatel-Lucent (ALU) sees a "soft" first quarter.
The Wall Street Journal writes that a rival bank group including The Bank of Scotland is trying to undo the merger plans of ABM Amro (ABN) and Barclays (BCS).
The Wall Street Journal writes that BP (BP) earnings fell due to falling oil prices.
The Wall Street Journal reports that set-top boxes from Cisco (CSCO) and Motorola (MOT) are being upgraded to compete with products like the Apple (AAPL) iTV.
The Wall Street Journal writes that DaimlerChrysler’s (DCX) attempt to sell its Chrysler unit is putting it on a course to a bloody showdown with the UAW.
The Wall Street Journal writes that Texas Instruments (TXN) posted a 12% decline in earnings but gave positive guidance.
The Wall Street Journal also reports that earnings at Boston Scientific (BSX) fell 64%.
The New York Times writes that The New York Times (NYT) management will face a tough shareholders meeting as some investors insist that it get rid of its two classes of stock which allow the founding family to run the company.
FT reports that Morgan Stanley (MS) will send its head economist to run chairman of its Asian operations.
Barrons’s reports that good results from Texas Instruments (TXN) cause investors to buy stocks in companies like Analog Devices (ADI) after hours.
Douglas A. McIntyre
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