Titanium Metals reports sharp drop in 4Q profit (AP)
Titanium Metals Corp. said Monday that its fourth-quarter profit fell sharply compared to a year ago due to production delays in the commercial aerospace industry and the weak economy.
Copper spikes after Chile quake
Copper prices surged overnight after a massive earthquake struck Chile, the world's largest producer of the metal, over the weekend.
Oil prices lose traction
Oil retreated Monday, giving back earlier gains, as the U.S. dollar strengthened and investors focused on a weaker-than-expected manufacturing report.
Summary Box: Copper eases off morning highs (AP)
WHY DID COPPER RISE: An huge earthquake in Chile, one of the biggest producers of copper, caused fears that supplies could be disrupted.
AsiaInfo shares rise on Goldman Sachs upgrade (AP)
Shares of AsiaInfo Holdings Inc. rose Monday after Goldman Sachs upgraded the Chinese telecommunications and information technology company, citing a strong growth outlook.
Perrigo shares surge to decade high on buyout (AP)
Shares of Perrigo Co. jumped to their highest point in a decade Monday after the company said it would buy Orion Laboratories for $48 million in cash, expanding its market in Australia and New Zealand.
SolarWorld Concludes Joint Venture with Qatar Foundation (Business Wire)
BONN, Germany & DOHA, Qatar----SolarWorld is acquiring a 29 percent stake in the newly founded Joint Venture Qatar Solar Technologies headquartered in the Emirate of Qatar. The joint venture will establish the first production facility for polysilicon on the Arabian Peninsula.
Sector Snap: Health insurer stocks climb (AP)
Shares of Coventry Health Care Inc. led managed care stocks higher Monday as a Morgan Stanley analyst upgraded the sector, citing potential catalysts that could drive shares up.
Kohn to leave Fed in June; gives Obama opening (AP)
Federal Reserve Vice Chairman Donald Kohn's decision to step down at the end of June gives President Barack Obama a chance to put a bigger imprint on the central bank.
Shanda Games shares drop after sales forecast (AP)
Shares of online game operator Shanda Games Ltd. and of controlling shareholder Shanda Interactive Entertainment Ltd., dropped Monday after Shanda Games projected disappointing first-quarter sales.