Wall Street falls as investors grow increasingly concerned with talks between Greece and its private investors. Mark Lasseigne has your stock market report on today's Acadiana Business Index.


  • The International Monetary Fund trimmed its global growth estimates for the year, warning that the euro-zone debt crisis could shave off world-wide output.
The docket was full of companies reporting their earnings.
  • McDonald's earnings rose 11%, beating expectations. Still, shares fell 2.3% after hitting an all-time high last week.
  • Travelers lost 3.2% after the insurer reported fourth-quarter earnings that missed forecasts although revenue was well above expectations.
  • Verizon Communications fell 2% after its earnings came up shy of estimates. Texas Instruments fell 1.9%, reporting better-than-anticipated earnings and revenue, but giving a somewhat downbeat outlook for the current quarter.
  • Kimberly-Clark's earnings fell 19% as higher costs again put a damper on the company's improved sales. Shares fell 1.8%.
  • And, Baker Hughes declined 1.5% after the company's earnings fell 6.3%, with higher costs and weakness in pressure pumping.

  • Light, sweet crude settled at $98.95 a barrel.
  • And Gold closing at $1,665 an ounce.