Business Today: Moody's changes outlook on U.S. credit rating to 'stable' from 'negative'

	Click to View in Browser 07/18/2013 Moody's changes outlook on U.S. credit rating to 'stable' from 'negative' NEW YORK (Reuters) - Moody's Investors Service on Thursday stood down from the possibility of cutting the U.S. sovereign credit rating in coming months, affirming the country's top Aaa rating and noting the resilience of the economy. Microsoft profit below estimates after tablet charge SEATTLE (Reuters) - Microsoft Corp on Thursday reported lower-than-expected quarterly earnings as slow personal computer sales ate into its Windows business and it took an unexpected $900 million charge for its inventory of unsold Surface tablets. Dow, S&P 500 end at record highs on earnings, Bernanke NEW YORK (Reuters) - The Dow and the S&P 500 closed at record highs on Thursday after Morgan Stanley and others reported better-than-expected earnings and Federal Reserve Chairman Ben Bernanke's comments further reassured markets. Google ad prices decline, shares fall sharply SAN FRANCISCO (Reuters) - Google Inc on Thursday reported a weakening of prices for its online ads in the second quarter and its shares fell more than 5 percent in after-hours trade. Exclusive: Pfizer not moving forward with Onyx bid: sources NEW YORK (Reuters) - Pfizer Inc decided not to pursue a bid for Onyx Pharmaceuticals Inc this week, according to two people familiar with the matter, leaving Amgen Inc in the front position to buy the cancer drugmaker. Former boss disputes Tourre's description of mortgage deal NEW YORK (Reuters) - Fabrice Tourre's former boss at Goldman Sachs distanced himself on Thursday from the way Tourre described hedge fund Paulson & Co Inc's role in a 2007 subprime mortgage deal. Dell postpones meeting on buyout as more votes needed NEW YORK/ROUND ROCK, Texas (Reuters) - Dell Inc postponed a shareholder vote on its chief executive's $24.4 billion buyout offer to Wednesday after failing to get enough support to seal the deal, despite winning over several large investors at the eleventh hour. Factory, labor market data offer bright signs for economy WASHINGTON (Reuters) - New claims for jobless benefits fell last week and factory activity picked up in the Mid-Atlantic region in early July, signs of a stronger economy that could help push the Federal Reserve to ease its monetary stimulus. Dreamliner fire probe focuses on beacon, Boeing shares rise LONDON (Reuters) - British regulators investigating the fire on a Boeing 787 Dreamliner identified the plane's emergency locator beacon as a likely source of the blaze and said on Thursday it should be switched off, spurring a rally in shares from relieved investors. Panasonic, Sanyo, LG Chem in price-fixing plea deals: U.S. WASHINGTON (Reuters) - Panasonic Corp , its subsidiary Sanyo Electric Co Ltd and LG Chem Ltd agreed to plead guilty to separate price-fixing allegations involving automotive parts and notebook computer battery cells, the U.S. Justice Department said on Thursday. Related Video Bernanke: September tapering not a sure thing Money key in Netflix Emmy nod-Northwestern's Aymar Christian Economic News Factory, labor market data offer bright signs for economy Bernanke: premature to say if 'mixed' data will delay bond taper A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend