Market Gawk

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Bond prices ticked higher Friday after a government report showed job growth weakened more than expected in April.

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Stocks opened higher on Friday morning after the April jobs report showed payroll growth had slowed to below economists’ estimates. Traders cheered several high-profile deals among blue chip media and tech firms, including Microsoft, Yahoo, Reuters and EMI.
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The $265 million acquisition of Negma will make it the largest Indian pharma company operating in Europe.

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Holding company eyes issuing debt exchangeable into shares of Tata Consultancy Services.

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Wall Street extended its advance Thursday amid a burst of enthusiasm about the economy that gave the Standard & Poor’s 500 index its first close above 1,500 since September 2000.

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Starbucks expects to complete a licensing, distribution and marketing deal with Ethiopia this month that would settle a dispute over trademarks for three coffees produced in the African nation.

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NEW YORK (MarketWatch) — The hype is everywhere — eat organic food for a more healthy body. Problem is, that good body comes with a heftier price tag. Just visit your local supermarket and compare the price of ”regular” tomatoes with organic ones –chances are, you’ll pay at least 20% more.

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NEW YORK (MarketWatch) — Many pundits condemned NBC News’ decision to show the videos of the madman who went on a killing spree at Virginia Tech. Nobody, however, carved up the ratings-hungry television network quite as skillfully as Andy Borowitz.

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SAN FRANCISCO (MarketWatch) — Investigators hired by Siemens AG to probe corruption at the German conglomerate have told the company that KPMG Germany, Siemens’s longtime auditor, didn’t do enough to flag improprieties in recent years, according to a media report Friday.

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