What’s In The News: April 17, 2012

This is what’s in the news for Tuesday, April 17, 2012. The Wall Street Journal reports Apple’s (NASDAQ:AAPL) meteoric stock price rise is showing signs of faltering, threatening to take down much of the market down with it. The Wall Street Journal also reports Domino’s Pizza (DPZ) won’t reinvent themselves in China, India and other emerging markets: It’s going in strong with traditional pizza delivery. Reuters reports IBM (IBM) reports earnings tonight and investors hope strong software demand means the company will increase its full year forecast. Reuters also reports Deutsche Telekom (DTEGY) may look to sell its units in Britain and the Netherlands next year, according to Financial Times Deutschland. Bloomberg reports Freeport-McMoran (FCX) offers the best deal in copper for mining companies willing to bet big on the metal, and could attract Rio Tinto (RIO), BHP Billiton (BHP), or Anglo American (AAUKY). Finally, Bloomberg also reports Standard Chartered (SCBFF) and Barclays (BCS) are expanding in Saudi Arabia as rising oil prices and record bond sales bolster earnings.

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