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U.S. markets news

Tech Stocks Slump After Google, IBM Disappoint
Stocks are drifting lower on Wall Street in midday trading, led by a decline in the technology sector after Google and IBM reported disappointing earnings.
Stocks fight back from morning drop  CNNMoney
US STOCKS-Wall St little changed amid earnings flurry  Reuters   Related articles »  
For Goldman Sachs and Morgan Stanley, boring is beautiful
(Reuters) - Investment banks Morgan Stanley and Goldman Sachs Group Inc posted better-than-expected quarterly earnings on Thursday, helped by gains in merger advisory and stock underwriting.
Morgan Stanley is looking good, but Goldman is better  MarketWatch
Morgan's profit soars on wealth; Gorman promises 'reward' to ...
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Jobless claims edge up, but 4-week average falls to prerecession level
Initial jobless claims over the previous month hit their lowest level since the start of the Great Recession, indicating the labor market might be nearing a return to normal.
US Jobless Claims Rise Slightly to 304000 -- Update  Wall Street Journal
US Jobless Claims Hover Near Pre-recession Levels  CHANNELS
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Target expands subscription service tenfold
NEW YORK (AP) - Target is vastly expanding the goods that are available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.
Target is vastly expanding its online subscription service as it fends off ...  10News
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Dollar slips on Yellen's dovish stance, pound hits four-and-a-half year high
NEW YORK (Reuters) - The U.S. dollar slipped against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen said low interest rates are needed to support the U.S.
Pound Strengthens to Four-Year High After Yellen; Gilts Decline  Bloomberg
Treasuries Fall on Fed View as Reports Show Economic Strength  Businessweek
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Freddie Mac: Mortgage rates near low for year; 30-year at 4.27%
Mortgage rates have fallen as the spring home-buying season begins, with Freddie Mac pegging the average 30-year fixed loan at 4.27% this week, the lowest it has been since early February.
US Fixed Mortgage Rates Fall in Latest Week  Wall Street Journal
US Mortgage Rates Fall With 30-Year at Two-Month Low of 4.27%  Businessweek
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Yahoo spends $58 million to fire its chief operating officer
That's what Yahoo's Chief Operating Officer Henrique De Castro got in severance pay when he was sent packing on Jan. 16, according to a Securities and Exchange Commission filing made public on Wednesday.
How Did Yahoo!'s Fired COO Get $58 Million? Good Timing  Businessweek
Ousted Yahoo exec gets $58 million golden parachute  CNNMoney
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Wal-Mart rolls out everyday low money transfers
Wal-Mart moved one step closer Thursday to becoming one of the biggest financial services providers with the introduction of its own money transfer product.
Wal-Mart takes on Western Union with store-to-store money transfers  Reuters
Walmart pushes into money transfer market  Financial Times
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Google still a top pick for Wall Street, despite mobile ad challenges
(Reuters) - Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with the shift to the fast-growing mobile advertising market.
How to Capture Google's Volatility -- and Profit
Google Sales Miss Highlights Mobile Transition Challenge  Businessweek
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UPDATE 2-Coal, grain shipments boost Union Pacific profit
... �. * First-quarter rev $5.64 bln vs est $5.70 bln. * Earnings $2.38/share vs est $2.37. * Revenue in agricultural products business up 16 pct (Adds executive comment, details; updates shares).
Union Pacific Earnings Up 14% on Higher Shipment Volumes  Fox Business
Union Pacific Railroad's 1Q Profit up 14 Percent  ABC News
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