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GM to resume production at 4 plants idled by Japan quakes

NASHVILLE, Tenn.— General Motors is on track to resume full operations at four North American plants where vehicle assembly has been halted because of supply chain interruptions caused by earthquakes in Japan. GM spokesman Tom Wickham confirmed Wednesday that manufacturing that was put on hold on April 25 is expected to resume on May 9 at plants in Spring Hill,...

Source: The Associated Press

Investors Title posts 1Q profit

CHAPEL HILL, N.C. _ Investors Title Co. on Wednesday reported first-quarter profit of $1.8 million. Investors Title shares have declined 4 percent since the beginning of the year. Keywords: Investors Title, Earnings Report.

Source: The Associated Press

Harsco reports 1Q loss

CAMP HILL, Pa. _ Harsco Corp. on Wednesday reported a first-quarter loss of $10.9 million, after reporting a profit in the same period a year earlier. For the current quarter ending in July, Harsco expects its per-share earnings to range from 2 cents to 7 cents. Harsco shares have dropped 13 percent since the beginning of the year.

Source: The Associated Press

What broke the high correlation between oil and stocks?

Levy Harkins and Co's Jeremy Hill explains how a weaker dollar and lower oil supply has helped stabilize the stock market.

Source: CNBC.com

Chipmaker Marvell appoints Richard Hill chairman

May 2- Chipmaker Marvell Technology Group Ltd has appointed Richard Hill its chairman, as part of an agreement it reached with activist hedge fund Starboard Value LP last week. Marvell had reached an agreement with Starboard to add to its board three independent directors nominated by the hedge fund. Peter Feld and Oleg Khaykin are the other two directors that...

Source: Reuters

New implant set to join fight against U.S. painkiller epidemic

Titan Pharmaceuticals Inc and privately owned Braeburn Pharmaceuticals have together developed a matchstick-sized implant that analysts expect will be approved next month, despite mixed reviews. The market for the implant could also be much bigger than first envisaged should a bill gaining bipartisan support on Capitol Hill become law.

Source: Reuters

Hill-Rom tops 2Q profit forecasts

CHICAGO _ Hill-Rom Holdings Inc. on Friday reported fiscal second-quarter earnings of $22.3 million. For the current quarter ending in July, Hill-Rom expects its per-share earnings to range from 75 cents to 77 cents. Hill-Rom shares have increased 10 percent since the beginning of the year.

Source: The Associated Press

Potential board changes at Valeant

CNBC's Meg Tirrell reports on yesterday's Capitol Hill hearing on drug pricing where outgoing Valeant CEO Michael Pearson and activist investor Bill Ackman testified.

Source: CNBC.com

Diamond Hill Investment Group posts 1Q profit

COLUMBUS, Ohio _ Diamond Hill Investment Group Inc. on Wednesday reported first-quarter net income of $9.3 million. Diamond Hill Investment Group shares have fallen 5 percent since the beginning of the year. Keywords: Diamond Hill Investment Group, Earnings Report.

Source: The Associated Press

C.R. Bard beats Street 1Q forecasts

MURRAY HILL, N.J. _ C.R. Bard Inc. on Wednesday reported first-quarter earnings of $116.2 million. C.R. Bard expects full-year earnings in the range of $10.05 to $10.18 per share. C.R. Bard shares have climbed 11 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 2.5 percent.

Source: The Associated Press