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U.S. markets news

Wall Street rallies; S&P 500 snaps five-day losing streak
U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded.
Dow is now down 1451 points this year  CNNMoney
Wall St rallies; S&P 500 snaps five-day losing streak
Bank of America Increases CEO Moynihan's Pay 23% to $16 Million
Bank of America Corp. awarded Chief Executive Officer Brian T. Moynihan $16 million for his work last year, raising his potential compensation 23 percent.
Bank of America chief Moynihan gets 23 percent pay hike  Reuters
Brian Moynihan, Bank of America Chief, Got 23% Pay Raise in 2015  New York Times
Venezuela says on 'good path' for oil price action
CARACAS Venezuela's Oil Minister Eulogio Del Pino said on Friday the country is on the right track to clinch action by oil producers to prop up depressed energy prices, though he did not provide details.
Crude Oil Surges the Most in Seven Years as Volatility Soars  Bloomberg
Price of oil rebounds from 13-year-low on hopes of production cut  The Denver Post
Carrier To Close Indiana Plants, Move Jobs to Mexico
Carrier Air Conditioner is moving production to Monterrey, Mexico putting 1,400 Indianapolis Jobs south of the border in 2017. Carrier Air Conditioner is moving production to Monterrey, Mexico putting 1,400 Indianapolis Jobs south of the border in 2017.
Carrier and sister company to ship 2100 jobs from Indiana to Mexico
Company dealing with major job cuts with Carrier move  WISH-TV
iRobot's (IRBT) Buy Rating Reaffirmed at Canaccord Genuity
iRobot logo iRobot Co. (NASDAQ:IRBT)'s stock had its “buy” rating restated by investment analysts at Canaccord Genuity in a research note issued on Friday, AnalystRatingsNetwork.
Columbia Wanger Invests in Stake in iRobot
Canaccord Genuity Thinks iRobot's Stock is Going to Recover  Analyst Ratings
Visa's investment in Square represents about 1 percent stake
SAN FRANCISCO Visa Inc (V.N), the world's largest credit and debit card company, said on Friday it currently has about a 1 percent stake in mobile payments company Square Inc (SQ.
Square Shares Rise as Investors Learn of Visa's Stake  New York Times
Visa Discloses Stake in Dorsey's Company, Square  ABC News
US retail sales increased slightly in January
U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite tumbling stock prices. The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2 percent last month, the same as in December.
WRAPUP 1-US consumers flex muscle; import prices signal weak inflation  Reuters
Consumers Power Past Headwinds -- 3rd Update  Nasdaq
US senator calls for backup proof when gas leak sealed
LOS ANGELES - U.S. Sen. Barbara Boxer called Friday for third-party air quality testing to confirm that a massive natural gas leak near Los Angeles has been permanently sealed and it's safe for residents to return home.
How the Gas Company's Aliso Canyon facility was a major polluter long ...  LA Daily News
Porter Ranch Gas Leak Temporarily Sealed, But Residents Still Uneasy  KQED
Dimon's Bold JPMorgan Bet Makes Him $2.2 Million Richer in a Day
Jamie Dimon only had to wait a day for his big bet on JPMorgan Chase & Co. to pay off. The bank's shares jumped 8.3 percent in New York trading Friday -- the most since November 2011 -- after the chief executive officer spent $26.6 million for 500,000 ...
Have Battered Banks Gotten Too Cheap? Jamie Dimon Thinks So, Buys JPMorgan ...  Forbes
Cramer: You Shouldn't Buy JPMorgan, Even If Jamie Dimon Did
Victoria's Secret CEO steps down to prioritize family
Victoria's Secret's CEO has resigned, the lingerie store's parent company announced Friday. Sharen Jester Turney, who had been CEO of Victoria's Secret since 2006, attributed her departure to wanting to prioritize her family.
Victoria's Secret CEO Abruptly Resigns  Bloomberg
Investors Rattled After Victoria's Secret CEO Quits Suddenly  Fortune