Morgan Stanley delivered quarterly earnings and revenue that surpassed analysts' expectations on Thursday.» Read More
April 11- Women's clothing retailer Coldwater Creek Inc on Friday filed for Chapter 11 bankruptcy, the latest in a growing list of retailers to seek protection from creditors as consumers keep a lid on spending. Coldwater Creek last October announced plans to seek strategic alternatives, including a possible sale.
European markets opened weaker, with Britain's FTSE 100 losing 1 percent to 6,575.83. Germany's DAX fell 1.2 percent to 9,338.48 and France's CAC-40 shed 1 percent to 4,369.26.
A change in the executive suite at Zynga is among the headlines after the bell Thursday.
WASHINGTON— Labor Department releases the Producer Price Index for March, 8:30 a.m. Eastern Time. WASHINGTON— Group of 20 finance ministers and central bank chiefs meet. JPMorgan reports quarterly financial results before the market opens.
Ten leading money men and women have agreed to give investors access to their three best ideas this week. Here are the participants so far and their picks.
Money managers Martin Sass and Susan Byrne lay out their best stock picks in the "Squawk Box" Platinum Portfolio challenge. They like some health care companies.
*Bed, Bath& Beyond slumps after earnings. *eBay falls after ending proxy fight with Icahn. Google Inc, which was down 2.5 percent at $553, and Biogen Idec Inc, down 3.7 percent at $289.50, were among the biggest drags on the S&P 500..
Bank of America Corp. fell$. 14 or. 8 percent, to $16.48. Citigroup Inc. fell$. 07 or. 1 percent, to $47.09. Goldman Sachs fell$. 09 or. 1 percent, to $158.07.
*Bed, Bath& Beyond slumps after earnings. *Bed, Bath& Beyond shares slumped 6 percent to $63.85 before the opening bell after the domestic merchandise retailer reported fourth-quarter earnings. *Family Dollar Stores Inc lost 1.8 percent to $58 in premarket after it reported second-quarter results and gave an outlook that fell short of expectations.
*Bed, Bath& Beyond slumps after earnings. *Imperva drops after preliminary results. *Bed, Bath& Beyond shares slumped 6.8 percent to $63.30 before the opening bell after the domestic merchandise retailer reported fourth-quarter earnings.
The Fed's drive to wean Wall Street off risky funding sources is expected to bring more pain to the biggest U.S. banks in the coming months.
WASHINGTON/ NEW YORK, April 9- The U.S. Federal Reserve's drive to wean Wall Street off risky funding sources is expected to bring more financial pain to the biggest U.S. banks in the coming months, analysts warned on Wednesday.
Bank of America Corp. rose$. 18 or 1.1 percent, to $16.62. Citigroup Inc. rose$. 56 or 1.2 percent, to $47.16. Goldman Sachs rose $1.60 or 1.0 percent, to $158.16.
Facebook shares jumped 5.6 percent to $61.45. "People are taking solace in the idea that the Fed may be more accommodative than previously thought, for longer than previously thought," said Steve Sosnick, equity-risk manager at Timber Hill/Interactive Brokers Group in Greenwich, Connecticut.
Bank of America Corp. fell$. 02 or. 1 percent, to $16.42. Citigroup Inc. rose$. 01 or percent, to $46.61. JPMorgan Chase fell$. 02 or percent, to $58.83.
Reacting to an article suggesting Warren Buffett has lost his touch, CNBC's Jim Cramer looks at Berkshire Hathaway's stocks and likes what he sees.
*Senator opposes Comcast deal to buy Time Warner Cable. NEW YORK, April 9- U.S. stocks rose for a second session on Wednesday, buoyed by a rise in Alcoa shares ahead of the release of minutes from the latest Federal Open Market Committee meeting.
NEW YORK, April 9- U.S. stocks edged higher on Wednesday, putting the S&P 500 on track for a second straight advance, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.
*Alcoa higher in premarket after earnings. NEW YORK, April 9- U.S. stocks were set for a modestly higher open on Wednesday, putting the S&P 500 on track for a second straight advance, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.
NEW YORK, April 9- U.S. stock index futures were flat on Wednesday, after the S&P 500 managed to halt a three-day losing skid, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.