The markets retreated from earlier highs but still closed in positive territory with the Dow rising 46 points to 10,387 after economists trimmed their growth outlook for the nation's economy.

Rumors that Netezza Corp. (NYSE: NZ) may the target of an acquisition lifted shares ot the data warehousing provider $2.63 to close at $23.97....

Soleil Securities analyst Jake Fuller upgraded MGM Resorts International (NYSE: MGM) to a Buy rating citing increased bookings for conferences in Las Vegas. Shares of the casino operator rose 65 cents to close at $10.22.  ...

JA Solar Holdings Co. Ltd. (Nasdaq: JASO) announced that it will supply a total of 500MW of mono-crystalline and multi-crystalline solar cells to several clients in 2011 sending the stock price up 76 cents to close at $7.24....

An uptick in job openings in July lifted the markets higher during the midday with the Dow gaining 77 points to 10,418.

SINGAPORE (Reuters) - UBS has hired two bankers to join its ultra high net-worth team in Singapore, the bank said in an internal memo.

LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.

SAN FRANCISCO/NEW YORK (Reuters) - Oracle Corp has offered its new co-president, former Hewlett-Packard chief Mark Hurd, a hiring package with a bonus of up to $10 million and options potentially worth tens of millions more.

PARMA, Ohio (Reuters) - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.

WASHINGTON (Reuters) - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.

WASHINGTON (Reuters) - An estimated five million uninsured children in the United States were eligible for Medicaid or the Children's Health Insurance Program (CHIP) but were not enrolled in either plan, according to a new report.

CHICAGO (Reuters) - Michigan will cut spending and not resort to tax or fee hikes to balance its upcoming fiscal 2011 budget, according to details released on Wednesday of an agreement between Governor Jennifer Granholm and legislative leaders.

GAINESVILLE, Florida (Reuters) - An obscure Christian pastor whose plan to burn copies of the Koran on September 11 has sparked an international outcry said on Wednesday he will go ahead with the event despite warnings it will endanger American troops in Afghanistan and Iraq.

WASHINGTON (Reuters) - The Obama administration on Wednesday asked an appeals court for an emergency stay that would lift the ban on federal funding of research involving human embryonic stem cells.

EAGLES MERE, Pennsylvania (Reuters) - In the rush to develop America's biggest new source of domestic energy, one community is fighting to protect its rural way of life from the environmental strains that accompany shale gas drilling.

BEIJING (Reuters) - Chinese pilots who had lied about their flying experience have been allowed to return to work after they took remedial action to make up their hours, according to the country's aviation watchdog.

GUATEMALA CITY (Reuters) - Three former soldiers will go on trial for the 1982 massacre of more than 250 people, a judge ruled on Wednesday in the first such court case in Guatemala for crimes committed in its dark civil war past.

MEXICO CITY (Reuters) - Mexican authorities arrested seven suspected drug cartel members believed to have killed 72 migrants heading to the United States, in what is said to be the worst massacre in the country's escalating drug war, the government said on Wednesday.

TEGUCIGALPA (Reuters) - Honduran police said on Wednesday street gangs connected to violent Mexican drug cartels are responsible for the massacre of 17 people in a shoe shop in the industrial city of San Pedro Sula.

KIGALI (Reuters) - U.N. Secretary General Ban Ki-moon urged Rwanda Wednesday not to end its peacekeeping operations in Sudan as he sought to defuse rising tensions over a leaked U.N report.