By Angela Moon NEW YORK (Reuters) - Stocks edged down on Thursday but rebounded sharply from their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus. Trading was choppy as many traders were adjusting their positions ahead of the long holiday weekend. Markets will be closed on Monday for Memorial Day. Hewlett-Packard shares jumped more than 16 percent to a fresh 52-week high a day after the world's largest PC maker raised its outlook. ...
ST. PAUL, Minn. (AP) — Authorities on Thursday recovered the body of a boy missing since a rockslide killed a classmate and left two others injured a day earlier at a St. Paul park.
NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday. The U.S. Attorney's office for the Southern District of New York issued subpoenas to SAC's president, chief compliance officer and head of trading, according to the Journal's report. Others at SAC, including the firm's founder Steven A. Cohen, were asked last week to testify before a grand as part of the U.S. government's insider trading probe of the hedge fund, Reuters has previously reported. ...
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