(Refiles to fix Reuters Instrument Code for BES in paragraph 3). * Investors still in dark over potential losses. * Concerns over links to family-controlled companies.
U.S. stocks slipped in morning trading, as investors parsed the outlook for earnings-reporting season. The Dow Jones Industrial Average shed 41 points, or 0.2%, to 16874.
Shares of America's largest online retailer surged over 4.5% on Friday morning as the company fought for the right to test its new drone delivery program, among a handful of other initiatives taken this week.
Wells Fargo & Co, the largest U.S. mortgage lender, reported a 3 percent rise in quarterly profit as cost cuts helped to make up for a slight fall in revenue.
FILE - In this Friday, Nov. 23, 2012 file photo, a cashier rings up a sale at a Sears store, in Las Vegas. U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will ...