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Fixed income sales and trading revenue plummeted 40 percent.
The massive plant explosion in Texas could be beneficial in the long-term to some fertilizer companies, Citigroup said in a research note on Thursday.
The number of Americans filing new claims for unemployment benefits rose slightly, which could allay fears of a setback in the labor market.
Morgan Stanley reported earnings and revenue Thursday that topped analysts' expectations, citing record gains in its global wealth management business.
Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in April while a gauge of future U.S. economic activity fell last month, two separate releases showed on Thursday.
PepsiCo reported better-than-expected quarterly earnings on Thursday, as price increases helped margins and the company stood by its full-year forecast.
After months of reports and speculation, Twitter finally launched its music discovery app, Twitter Music, on Thursday.
A new study by consulting firm AlixPartners estimates by 2015, the cost of outsourcing manufacturing to China will be equal to the cost of manufacturing in the U.S.
Richmond Fed President Jeffrey Lacker told CNBC Thursday that "if you made me dictator" the Federal Reserve would stop its massive bond-buying program.
Verizon Communications reported quarterly earnings that beat analysts' expectations on Thursday, but revenue came in a bit light.
Investigators have spotted a Boston Marathon bombing suspect from security video taken before two blasts ripped through central Boston on Monday.
EBay delivered a slight beat on earnings but its outlook fell short of expectations.
The U.S. Senate on Wednesday rejected a bipartisan plan to expand background checks for gun buyers, dealing a sharp blow to President Barack Obama's campaign to curb gun violence.
Predicting how much the US will collect in in taxes each April is a chancy prospect, thanks to the wealthiest taxpayers.
Apple tumbled to its lowest level in over a year, as investors continued to dump shares of the tech company amid worries over second-quarter iPad mini shipments.
American Express reported first-quarter earnings that beat analysts' expectations, while revenue fell short of forecasts.
After being largely invisible for the past nine months - coinciding with a sharp equity rally - several signs indicate that volatility is coming back.
We have a stacked day of earnings coming up on Thursday with Nokia, Google, IBM and Microsoft all reporting.
Traders are watching for technical signs that the market is reaching its limit. The answer should be revealed in the next few days.
With earnings for health insurers kicking off Thursday, the market's focus will be on the impact of health reform in 2014.