Square has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash.» Read More
Bank of America Corp. fell$. 00 or percent, to $16.15. Citigroup Inc. fell$. 19 or. 4 percent, to $48.03. Goldman Sachs rose$. 47 or. 3 percent, to $157.91.
Barclays is planning to exit large parts of its metals, agricultural and energy business in a move expected to be announced this week.
The company spoke to Google Inc earlier this year about a possible sale, the Journal reported, adding that it wasn't clear whether the talks are continuing. Square also had informal discussions about a deal with Apple and eBay Inc's PayPal in the past, but those conversations never developed into serious talks, the Journal said.
NEW YORK, April 21- For more than a decade, queue jumping by traders has been a big no-no in U.S. stock market, prevented in the name of fairness.
BRUSSELS, April 21- Jacques de Larosiere says he is an isolated and modest man. An eminence grise as respected among France's political elite as in the heart of the law-drafting European Commission, de Larosiere finds himself at the nexus of finance and rulemaking, treading a fine line between lobbying and advice.
The city of Providence, Rhode Island, is suing dozens of Wall Street banks and other financial companies over high-frequency trading
The city of Providence, Rhode Island, is suing dozens of Wall Street banks and other financial companies over high-frequency trading. The federal complaint was filed Friday in New York on behalf of city investment funds that traded stocks in the U.S. since April 18, 2009.
Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. On Thursday, global stocks were subdued after Google and IBM reported weak results, even though General Electric was optimistic and Goldman Sachs and Morgan Stanley beat expectations.
April 17- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. Morgan Stanley posted a 55 percent gain in first-quarter profit.
Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's and AT&T, are due to report earnings.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
SAN FRANCISCO, April 17- Shares of Weibo Corp rose 19 percent in their U.S. debut on Thursday, sweeping aside concerns that Chinese censorship will hurt the growth of the country's Internet sector and broader worries about lofty tech-stock valuations.
SAN FRANCISCO, April 17- Shares of Weibo Corp rose as much as 41 percent in their U.S. debut on Thursday, sweeping aside concerns that censorship in China will hurt the growth of the country's Internet sector and broader worries about the outlook for tech-sector stocks.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and General Electric.
LONDON, April 17- European equities finished higher on Thursday after losing ground earlier in the session, with upbeat results from major U.S. companies like Morgan Stanley, Goldman Sachs and General Electric improving sentiment.
Some of Thursday's midday movers:
Sabre shares inched up 7 percent on its first day of trading.
Weibo went public on the Nasdaq under the symbol "WB" and opened just below the expected $17 but later soared.
Quarterly results from Morgan Stanley, Goldman Sachs and General Electric improved risk sentiment, though results from tech heavyweights Google and IBM Corp were disappointing. "When we look at the U.S. results coming out today, there was a predominantly positive beat overall," Gerhard Schwarz, head of equity strategy at Baader Bank, said.
April 17- Shares of Sabre Corp, the airline ticketing technology provider that also owns online travel agency Travelocity, rose as much as 7 percent in their market debut after the company sold fewer shares than expected in its initial public offering and priced them below the targeted range.