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.

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) - Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery from a "savage" recession.

NEW YORK (Reuters) - Two former chief executives who were criticized during the financial crisis for driving their firms to the brink have found new homes.

WASHINGTON (Reuters) - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.

WASHINGTON (Reuters) - The economy has shown "widespread signs" of slowing over recent weeks, the Federal Reserve said on Wednesday in a report suggesting that while the recovery has been faltering, the economy may skirt a second recession.

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.

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.

WASHINGTON (Reuters) - Drug gangs in Mexico and Central America are morphing into an insurgency like that which gripped Colombia 20 years ago, Secretary of State Hillary Clinton said on Wednesday, promising more U.S. help to fight traffickers.

HAVANA (Reuters) - Fidel Castro said Cuba's economic model no longer works, a U.S.-based journalist reported on Wednesday following interviews with the former president last week.