Top 10 News for 3/31 to 4/04: Market Hit on Data; More Recalls at GM; Anadarko Energized Following Settlement
1. Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment grew in professional and business services, in health care, and in mining and logging. The Street was looking for a reading of 200, 000. Unemployment came in at 6.7 percent, higher than expectations calling for a drop to 6.6 percent. For more on the data, click here.
2. Monday, Johnson & Johnson (NYSE: JNJ) announced that it accepted the binding offer from The Carlyle Group (Nasdaq: CG),