NEW YORK (Reuters) - Wall Street was set to drop at the open on Friday after disappointing quarterly results from Dow components General Electric Co and Bank of America Corp dragged stock futures lower.
CHARLOTTE (Reuters) - Bank of America Corp posted a wider-than-expected quarterly loss as improvement in its Merrill Lynch investment banking unit failed to offset consumer credit woes.
BOSTON (Reuters) - General Electric Co reported better-than-expected earnings on Friday but its revenue missed Wall Street expectations, sending shares of the largest U.S. conglomerate lower in premarket trading.
NEW YORK (Reuters) - Toymaker Mattel Inc reported a smaller-than-expected decline in quarterly revenue, helped by gains in its Hot Wheels and American Girl brands as it heads into the crucial holiday shopping season.
WASHINGTON (Reuters) - The Obama administration scored its first financial regulation reform victory in months on Thursday when a U.S. congressional committee approved new rules for over-the-counter derivatives.
LONDON (Reuters) - Oil retreated from a year-high above $78 touched early on Friday after a renewed focus on brimming inventories and disappointing corporate earnings chipped away at bullishness across financial markets.
SAN FRANCISCO (Reuters) - Google Inc and IBM rounded out a strong week of technology results, outstripping already high expectations and providing further evidence that a recovery is brewing.
NEW YORK (Reuters) - The sudden death of star dealmaker Bruce Wasserstein on Wednesday has sparked questions about whether the magazines he nurtured will survive in their current form without him.
PALO ALTO, California (Reuters) - Facebook's chief operating officer said the social networking company was targeting a bigger ad market than the search ad market that has made Google Inc rich.
NEW YORK (Reuters) - Billionaire investor and philanthropist George Soros said on Thursday that the world's current "currency arrangements" are fraught with danger and that the world needs global regulation.