Reuters - Producer prices rose by a smaller-than-expected 0.2 percent in April after gasoline prices sank, government data showed on Tuesday, but core inflation at the producer level posted a larger advance.

Reuters - U.S. stocks extended losses in the first half hour of trading on Tuesday on concerns about inflation after a report showed core producer prices grew at a faster-than-expected pace in April.

Reuters - Third Point LLC, a $5.7 billion hedge fund headed by activist Dan Loeb, has recently accumulated a stake of over 5 million shares in Yahoo Inc and is supporting investor Carl Icahn's proxy battle, a source familiar with the matter said on Tuesday.

Reuters - Home Depot said on Tuesday that quarterly profit fell 66 percent as the U.S. housing meltdown hurt sales and it took a charge to close stores and curb expansion plans.

Reuters - Microsoft Corp has proposed to buy Yahoo Inc's search business and take a minority stake in the Web pioneer, stopping short of a full-out merger, a person familiar with the discussions said on Monday.

Reuters - Producer prices rose by a smaller-than-expected 0.2 percent in April after gasoline prices sank, government data showed on Tuesday, but core inflation at the producer level posted a larger advance.

Reuters - Staples Inc , the No. 1 U.S. office supplies retailer, reported a higher quarterly profit on Tuesday that matched Wall Street's expectations, and stood by its outlook for the full year.