3/30/2013

U.S. stocks decline as dollar rises

MARKETWATCH FRONT PAGE

U.S. stocks declined Tuesday, with the Dow industrials ending near a four-month-low, as economic reports failed to deflect the latest breakdown in Greece�s attempts to form a coalition. See full story.

J.C. Penney swings to loss, suspends dividend

The retailer, which is making major pricing and merchandising changes, says it swung to a first-quarter loss and no longer expects to meet its previous profit forecast for the year, in anticipation of more restructuring charges. See full story.

Avon stiffs Coty, shareholders

Ignoring Coty�s takeover offer ends up costing Avon $2.7 billion in market cap. See full story.

What�s next for Avon after Coty withdraws bid

Avon shares slump after Coty withdraws its $10.7 billion bid. See full story.

Home Depot profit up 28%, but sales disappoint

The home-improvement retailer�s first-quarter profit rises, but shares are down as sales disappoint. See full story.

MARKETWATCH COMMENTARY

Jamie Dimon is right: Regulations will never prevent stupidity. It�s time to bring back Glass-Steagall and separate traditional Main Street banking from the casinos of Wall Street, writes David Weidner.. See full story.

MARKETWATCH PERSONAL FINANCE

Home prices in a majority of the markets covered in Zillow�s Home Value Forecast are set to bottom this year � if they haven�t already, according to a Zillow report released on Wednesday. See full story.

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