General Electric Co. reported its first decline in quarterly profit since 2003, missing analysts’ estimates with a 12 percent drop in earnings.GE fell as much as 12 percent, the most since 1987. General Electric was forced to cut the value of some securities in the last two weeks of March as capital markets seized up, [...]

The U.S. stock market posted its best start to a second quarter in 70 years after Lehman Brothers Holdings Inc. and UBS AG said they are raising $19 billion to replenish capital. By raising capital, they might handle further credit losses. Lehman rose for the first time in seven days and UBS sparked a rally [...]