BANK OF AMERICA

All Eyes On April FOMC, US 1Q GDP: Next Week’s Economic Events

FOMC
The Federal Open Market Committee meeting on April 24-25, Fed Chairman Ben S. Bernanke's comments during the post-meeting press conference, and an advance reading on U.S. gross domestic product in the first quarter will dominate the economic calendar next week.
Proofpoint

Proofpoint Shares Jump 31% In IPO

Shares of security software specialist Proofpoint (Nasdaq: PFPT) jumped as much as 31 percent in the first few minutes of trading after their initial public offering.
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Wall Street eases on IBM, Intel; Chesapeake slumps

Stocks were lower on Wednesday after uninspiring earnings from IBM and Intel, while Chesapeake Energy slumped after a Reuters report highlighted large and unusual personal loans taken by its chief executive.
Bank of America reported better earnings on lower credit losses and strong trading performance

Bank of America Expected To Swing To Loss In 1Q

Bank of America (NYSE: BAC) is expected to report highly disappointing financial results Thursday morning, a development that -- as has been the case in the past -- will provide plenty of schadenfreude to the company's vociferous and numerous critics.
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Morgan Stanley Seen Earning Somewhat Less Than Year-Ago, Barring Surprises

Morgan Stanley (NYSE: MS), the exalted New York house of finance that is a veritable icon of white-shoe Wall Street firms, is expected to report first-quarter financial results Thursday somewhat weaker than a year-ago, a consensus of bank analysts has noted, as the firm is unlikely to have benefited as much as peers from positive developments that lifted large-cap U.S. banks during the first quarter.
Citigroup Inc.

33 Key Earnings Reports To Watch, April 16-20

Earnings season will kick into full gear next week with results due from major players. The stock market had an incredible first quarter with double-digit percentage gains, and the flood of company earnings reports will largely decide which way the market will be going from here.
mall shopper

Retail Sales, Housing Starts: Next Week’s Economic Events

Reports on retail sales and housing starts in March highlight the economic calendar next week, April 16-20. Economists will be watching for any lingering signs of a positive boost from the recent warm weather, as well as indications of whether the strength in consumer demand continues.
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US Stock Index Futures Signal Early Gains

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.55 percent, Dow Jones futures up 0.42 percent and Nasdaq 100 futures up 0.59 percent at 3:34 a.m. EDT (0734 GMT).

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