U.S. stock futures drop on Tuesday after a report the U.S. government is pressuring Citigroup and Bank of America to raise more cash and as the World Health Organization increases its threat level for the swine flu outbreak. See full story.
WHO raises alert level as swine flu cases rise
The number of confirmed and suspected cases of swine flu worldwide rises as the World Health Organization increases its alert level on the deadly disease. See full story.
Fed says Citi, B. of A. need more capital: WSJ
Federal regulators in the U.S. have told Bank of America Corp. and Citigroup Inc. that the banks may need to raise more capital based on early results of the government's so-called stress tests of lenders, according to a U.S. media report Tuesday. See full story.
Pfizer posts lower quarterly net on slower sales
Pfizer, part of the Dow Jones Industrial Average, posts first-quarter net income that came in 2% lower than in the comparable period of 2008, as sales drop due to a combination of factors including currency fluctuations. See full story.
Daimler loses $1.7 bln as car, truck sales fall
Daimler says it lost 1.29 billion euros ($1.7 billion) during the first quarter as sales of everything from luxury cars to 18-wheel trucks slumped. See full story.
MARKETWATCH PERSONAL FINANCE
Chuck Jaffe: 'Buy-and-monitor' is a sound investment strategy
Pat Goodall's perspective on the right mix of passive and active investment is not likely to please either buy-and-hold investors or traders. But Goodall is worth listening to because he worries that the downturn has left many investors frozen and uncomfortable.
