Business Today: Wall Street ends up more than 1 percent

Click to View in Browser 04/12/2012 Wall Street ends up more than 1 percent NEW YORK (Reuters) - U.S. stocks notched a second day of solid gains on Thursday, led by materials and energy stocks, as investors set aside weak figures on the domestic labor market. Google announces stock dividend SAN FRANCISCO (Reuters) - Google Inc announced plans to give investors a stock dividend on Thursday, as the search giant reported first quarter revenue roughly in line with Wall Street estimates. Walmart International focusing on existing markets (Reuters) - Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday. Goldman to pay $22 million to settle "huddles" case WASHINGTON (Reuters) - Goldman Sachs agreed to pay $22 million to settle civil charges arising from company procedures that created the risk select clients would receive market-sensitive information, such as changes to Goldman's recommendation lists and its ratings of stocks. Jobless claims cast cloud on labor market WASHINGTON (Reuters) - The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery. IMF may need less money to rebuild warchest: Lagarde WASHINGTON (Reuters) - The International Monetary Fund is considering scaling back how much money it needs to rebuild its war chest for handling financial crises, and it may not strike a deal with members next week, the IMF head said on Thursday. Exclusive: Restructuring firm AlixPartners for sale: sources NEW YORK (Reuters) - Private equity firm Hellman & Friedman is exploring a sale of AlixPartners in a deal that could value the restructuring advisory firm at more than $1 billion, according to four people familiar with the matter. Kraft discontinues Athenos Greek yogurt (Reuters) - Kraft Foods Inc is discontinuing its Athenos line of Greek yogurt, the company said on Thursday, exiting the fast-growing U.S. Greek yogurt market. Microsoft wins its biggest cloud computing client LONDON (Reuters) - Microsoft announced its biggest-ever customer for cloud computing - software that it hosts on behalf of clients and delivers over the Internet - after winning a contract to provide free services to a major Indian education body. Big banks face $638 billion shortfall on new rules LONDON/ZURICH (Reuters) - The world's biggest banks would have needed to find more than $600 billion if tough new capital rules to be phased in from 2013 had been in place last year. Related Video Europe still a threat: IMF chief Unemployment heads higher Economic News Jobless claims cast cloud on labor market Freddie Mac sells new $3 billion seven-year reference notes: IFR 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