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Japan's top-3 banks dogged by tepid lending in first quarter

Japan's biggest banks reported lackluster quarterly lending activity in the earthquake-ravaged economy, raising pressure on them to take more risks and find revenue sources overseas.

SEC builds new tips machine to catch the next Madoff

To match Special Report SEC/INVESTIGATIONS

For more than three years, U.S. securities regulators investigated allegations of accounting fraud at a small telecom firm called China Voice Holding Corp, but could not make a case.

Nasdaq spends to fend off "constant" hack attacks

The operator of the Nasdaq Stock Market is "under constant attack" from would-be hackers and will spend more on security as a result, its top executive said.

Amazon's Stock Zooms; Analysts Remain Bullish

Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.

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Obama, Congress fail to break debt deadlock

U.S. lawmakers failed to achieve a budget breakthrough and instead worked on rival plans on Sunday in a impasse that heightened prospects for a catastrophic U.S. debt fault.

Top Earnings at a Glance (SLIDESHOW)

The earnings season is when a large number of publicly traded companies release their quarterly earnings reports. The earnings season is so far topping Street views at a pace above typical quarters.

Wealth management expenses weigh on Morgan Stanley

Senior executives at Morgan Stanley expressed impatience with the profitability of the company's retail brokerage business on Thursday, despite reporting progress in the unit's joint venture with Citigroup's Smith Barney.

Stock futures dip after weak Caterpillar earnings

Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.

Stock futures flat as Caterpillar earns offset Greece

Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.

Post-Market NASDAQ Movers (CPHD, PPDI, ATHN, SWKS, ACTG, AVID, CYMI, HITT, CSTR, SIFY)

The top after-market NASDAQ Stock Market gainers are: Cepheid, Pharmaceutical Product Development, athenahealth, Skyworks Solutions, and Acacia Research. The top after-market NASDAQ Stock Market losers are: Avid Technology, Cymer, Hittite Microwave, Coinstar, and Sify Technologies.

Express Scripts to Buy Medco Health For $29B, Shares Up

Express Scripts, Inc. (NASDAQ:ESRX) said it agreed to buy Medco Health Solutions, Inc. (NYSE:MHS) for $29.1 billion cash and stock deal that would see Express Scripts becoming the largest pharmacy-benefits manager in the U.S.

Pre-Market NASDAQ Movers (IDCC, ESRX, ALSK, MLNX, BPAX, TZOO, STX, ERIC, FFIV, CAKE)

The top pre-market NASDAQ Stock Market gainers are: InterDigital, Express Scripts, Alaska Communications Systems Group,Mellanox Technologies, and BioSante Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Travelzoo, Seagate Technology, LM Ericsson Telephone, F5 Networks, and The Cheesecake Factory.

Morgan Stanley set for loss

Morgan Stanley is set to report a second-quarter loss on Thursday, as costs caused by a leftover item from the financial crisis compound the effects of a weak trading environment and stubbornly high expenses.

Pre-Market NASDAQ Movers (ONTY, BBND, CRUS, ALTH, AAPL, RVBD, CTRN, FTNT, AIXG, FFIV)

The top pre-market NASDAQ Stock Market gainers are: Oncothyreon, BigBand Networks, Cirrus Logic, Allos Therapeutics, and Apple. The top pre-market NASDAQ Stock Market losers are: Riverbed Technology, Citi Trends, Fortinet, Aixtron, and F5 Networks.

BofA reports $8.8 billion net loss, worst ever

Bank of America Corp reported its biggest-ever quarterly loss -- $8.8 billion -- as low interest rates squeezed lending margins at the largest U.S. bank.

BofA posts $8.8 billion net loss, worst ever

Bank of America Corp reported an $8.8 billion second-quarter loss, its worst ever, and posted a drop in lending margins as low interest rates weigh on the largest U.S. bank.

Cisco to Slash 6,500 Jobs; Sell Mexican Unit

Troubled networking giant Cisco Systems (Nasdaq: CSCO) said it will slash 6,500 jobs – representing about 9 percent of its workforce, in a bid to save about $1-billion in annual expenses.

BofA looks to clear up cloudy mortgage outlook

For Bank of America Corp, the mortgage issues never seem to end, which is the chief worry for investors and analysts.

Australian Investment Bank Macquarie On Cusp of Huge Job Cuts

Australian investment banker Macquarie Group is expected to slash up to one-thousand jobs amidst a slowdown in M&A activity and tepid global market conditions.

Citi profit beats forecasts, challenges remain

Citigroup Inc's second-quarter profit jumped 24 percent as the bank lost less money than expected on bad U.S. loans.

The sign of a Bank of America branch is pictured in downtown Los Angeles

Bank of America Shares Drop Below $10

Bank of America (BOA) shares dropped below $10 for the first time in two years on Friday.

Wall St up slightly after bank stress-test results

Stocks advanced slightly in volatile trading on Friday after results from the European banks' stress tests came out slightly better than expected.

Citigroup profit jumps 24 percent, beats forecasts

Citigroup Inc's second-quarter profit jumped 24 percent as the bank lost less money than expected on bad U.S. loans.

Instant view: Citigroup posts second quarter results

Citigroup Inc posted higher-than-expected net income in the second quarter, helped by falling credit losses.

Wall Street gives up gains on weaker view of economy

Wall Street gave up much of its early gains on Friday as signs of weakness in the U.S. economy and concern over European bank stress tests outweighed strong earnings from Google and Citigroup.