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![Why this is ‘as good as it gets’ for the stock rally]()
Why this is ‘as good as it gets’ for the stock rally
- Here’s the threat to the stock market from rising bond yields
- Here are the next hurdles for government bond yields after the 10-year hit 3%
- Stock-market bulls lose hope as indexes trade in a tight range
- Watch: 10-year Treasury yield hits 3%. Here’s what this means for your wallet
- Market Snapshot: Mixed open ahead as strong Boeing earnings offset sting of 10-year yield
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Need to Know
![Twitter’s stock rises after company posts big monthly-active-user beat]()
Comcast outbids 21st Century Fox in pursuit of Sky
Comcast Corp. posted strong first-quarter earnings growth, despite continuing cable TV subscriber losses, and formally submitted its $31 billion proposal to buy Sky PLC, one of several deals it has contemplated that could transform its business and roil its rivals.
Boeing’s shares take off on earnings beat, upward guidance
Shares of Boeing Co. [S: ba] surged pre-market Wednesday as the aerospace company reported earnings that trounced analyst expectations and hiked its outlook for 2018 earnings. Net income was $2.48 billion, up from $1.58 billion a year ago. Per-share earnings were $4.15, compared to $2.54 a year ago. Adjusted EPS came to $3.64, beating the consensus of $2.58. Revenues of $23.38 billion were higher than the $21.96 billion a year ago, and topped expectations of $22.28 billion. The company raised its outlook for adjusted EPS to $14.30-14.50, from $13.80-14.00. It also said it plans to purchase an additional $15 billion worth of stock over the next two years. Shares are up 11.6% for the year to date, while the Dow Jones Industrial Average [S: sjia] has lost nearly 3%.
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Personal finance
![How much financial responsibility does a child have for a parent?]()
How much financial responsibility does a child have for a parent?
This mother is concerned her daughter’s father is taking advantage of her by asking her to co-sign on a $300,000 mortgage.
![Kate Middleton’s ‘luxury’ birth cost less than the average U.S. birth]()
Kate Middleton’s ‘luxury’ birth cost less than the average U.S. birth
The newest royal was born in a $8,900-a-night maternity wing, but the average American pays more.
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Inside MarketWatch
Herbalife to split stock 2-for-1, change company name
Herbalife Ltd. shares ticked slightly higher in the extended session Tuesday after the nutrition products company said it was splitting its stock and changing its name. Herbalife shares rose 0.3% after hours, following a 0.3% decline to close the session at $102. The company said it was changing its name to "Herbalife Nutrition Ltd." and announced a 2-for-1 stock split. The name change is effective on Wednesday, and the stock split is effective May 7 with May 14 as the stock-split distribution date.
