stocks gain altitude with lift from Boeing results

Date: Wed, 23 Apr 2008 16:01:04 (GMT)
U.S. stocks gain altitude with lift from Boeing results

U.S. stocks turn higher thanks in part to better-than-forecast profits
at aircraft manufacturer Boeing Co.

Caution simmers ahead of Apple's earnings report
Apple Inc. will take the earnings spotlight with its second-quarter
report, scheduled for after the market closes Wednesday, with Macintosh
computer and iPhone sales expected to claim much of the attention from
investors and analysts.

Yahoo shares dip on flat earnings numbers

Shares of Yahoo slide after the company reports relatively flat
first-quarter profit that are unlikely to give the company any wiggle
room to stave off an increasingly agressive bid from Microsoft.

Buyout sends Safeco shares soaring about 50%

Shares of Safeco Corp. jump almost 50% after the insurer said it's
being bought by Liberty Mutual for $68.25 a share, or $62 billion, in a
deal that would create the nation's fifth-largest property and
casualty insurer.

Economists say euro-zone may be losing decoupling fight

On the surface, economic activity across the euro-zone appeared to
defiantly pick up the pace in April despite a strong euro and continued
global financial turmoil.