Morgan Stanley caused a stir on Tuesday when it put out a "bear case" scenario of $10. Now Citi is getting in on the act.Investingread more
Qualcomm unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose excessive licensing fees, a U.S. judged ruled.Technologyread more
Target's e-commerce sales also surged 42%, as shoppers increasingly turned to its curbside pickup service for online orders, something Amazon can't offer.Retailread more
Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again.Real Estateread more
Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the year, as higher costs weighed on...Retailread more
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It may be years from visiting your neighborhood, but a walking robot is part of Ford's vision for how its autonomous vehicles will deliver packages.Technologyread more
Brazilian makeup brand Natura Cosmeticos agreed to buy Avon Products, according to two media reports early on Wednesday.Retailread more
Consumers in China are taking to social media to express their support for Huawei as the U.S. government looks to ramp up pressure on the Chinese smartphone maker.Technologyread more
Tensions between the two parties have heightened in recent months as the campaign for seats in the Brussels and Strasbourg-based parliament has crescendoed.Europe Politicsread more
St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal to end their trade war.World Economyread more
Check out the companies making headlines midday Friday:
Tesla — Shares of Tesla fell 7.84 percent after the company's underwhelming announcement that it will be launching its standard Model 3. Barclays analyst Brian Johnson even called it the "un-iPhone moment. " The electric car maker also announced store closures and layoffs in an effort to reduce costs, in addition to stating that the company will not turn a profit during its first quarter.
Nektar Therapeutics — The biopharmaceutical fell nearly 6 percent Friday after reporting fourth-quarter earnings. The drug maker lost 57 cents a share and reported revenue of $39.83 million — both below Wall Street analysts' estimates.
Walgreens Boots Alliance — The pharmacy operator dropped more than 6 percent after an analyst at Baird slashed his price target on the stock to $67 per share from $70. "WBA is advancing many new initiatives (some supportable, some dubious), but can't change its market environment, which is universally tough," the analyst said.
Gap — Gap shares surged more than 16 percent after the retailer announced it was splitting into two independent publicly traded companies. One of those companies will be Old Navy, while the other will include brands like Banana Republic and Athleta.
L Brands — Shares of the Ohio-based retail business rebounded by more than 5 percent Friday. A day earlier, the stock dropped sharply after the company missed earnings expectations and issued lower-than-expected guidance. The owner of Victoria's Secret and Bath & Body Works also announced it plans to close 53 Victoria's Secret stores this year.
Dentsply Sirona — Shares of Dentsply Sirona surged more than 17 percent after the dental product manufacturer reported better-than-expected earnings and sales for the fourth quarter. Dentsply reported earnings of 58 cents a share, topping the 54 cents estimates by FactSet. Revenue came in at $1.06 billion, exceeding the expectation of $1.025 billion.
Foot Locker — Shares of Foot Locker rose 5.96 percent after the retailer reported fourth-quarter earnings that surpassed analyst expectations. Foot locker reported that its same store sales were up 9.7 percent, more than double the 4.6 percent expected.
Nielsen Holdings — Shares of Nielsen rose nearly 3 percent after the data analytics company posted better-than-expected sales in the fourth quarter and issued a strong outlook for 2019. The company's revenue rose to $1.658 billion last quarter, versus FactSet estimate of $1.645 billion. For 2019, Nielsen sees earnings of $1.63 to $1.77 per share, higher than expectations of $1.22.
—CNBC's Nadine El-Bawab, Kate Rooney and Yun Li contributed to this report.