By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks were flat on Monday ahead of key earnings releases as investors found few reasons to push indexes sharply higher following a strong rally last week. The S&P 500 posted its best week since July last week, boosted by results from such names as General Electric Co and Morgan Stanley .
By Nate Raymond NEW YORK (Reuters) - A U.S. appeals court is set hear a case whose outcome could make it harder for the government to prosecute insider trading and potentially jeopardize several high-profile guilty verdicts, including that of SAC Capital Advisors portfolio manager Michael Steinberg. The question facing the 2nd U.S. Circuit Court of Appeals in New York on Tuesday is one that has divided lower court judges: whether to be convicted of insider trading, the recipient of non-public information must know that the source of the tip benefited from the disclosure. The issue is at the heart of the appeal brought by Todd Newman, a former portfolio manager at the hedge fund Diamondback Capital Management, and Anthony Chiasson, co-founder of the hedge fund Level Global Investors.
(Reuters) - Halliburton Co , the world's No.2 oilfield services company, forecast a 25 percent jump in earnings in the current quarter, helped by a recovery in margins in North America and growth in overseas markets. Halliburton's shares were up 0.8 percent at $61.40 in trading before the bell on Monday after the company also reported better-than-expected results. The company, traditionally dominant in the United States, has been making a big push into international markets to combat weakness in North America. Drilling activity in North America has fallen due to weak natural gas prices, intensifying competition among oilfield services providers for a smaller number of contracts.