INVESTMENT

Stock index futures pointed to a mixed open on Wall Street on Tuesday as U.S. markets reopen after a long holiday weekend, with futures for the S&P 500 down 0.04 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures up 0.2 percent at 1030 GMT (5:30 a.m. EST).

From 2000 to 2009, the S&P 500 averaged a loss 0.82% after the Martin Luther King Jr. Day holiday in the United States.

Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc this week could help stocks gain as long as investors see room for more profit growth.

Credit Suisse will increase the headcount in its prime brokerage team in Asia by 15 percent to 20 percent in 2010 as it aims to win business from the increasing number of global hedge funds eager to set up base in the region, a senior official at the Swiss bank said.

China XD Electric Co , the nation's largest electricity transmission and distribution equipment maker, plans to raise as much as 10.27 billion yuan ($1.5 billion) in the country's first major initial public offering this year.

Citic Securities Co , China's biggest listed brokerage, said its wholly-owned fund unit China Asset Management Co had been punished by regulators for failing to comply with stake ownership rules.

The New York Federal Reserve Bank actively worked with bailed out insurer AIG to build a case against disclosing details of AIG's payments to banks just days after the insurer considered making them public, documents released late on Saturday showed.

Prince Alwaleed bin Talal, a prominent Saudi investor in Citigroup , on Sunday re-affirmed his support for the bank's chief executive, Vikram Pandit, who he has said faces a make-or-break year.

The top executive of Citadel Investment Group's investment banking unit has left the firm, a company spokeswoman confirmed on Saturday.

First-round bids for the debt-ridden MGM studio were due Friday afternoon, but most of the bids are expected to trickle in through the weekend, sources familiar with the matter said.

Despite better than expected JPMorgan earnings, the S&P 500 index dropped 12.43 points, or -1.08%, to trade at 1136.03 after weak economic data on the retail sector.

Stellar results from Intel Corp could signal brighter tech earnings results in coming weeks, but analysts warn stocks themselves may be stuck in a short-term correction.

JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

General Motors Co disclosed on Friday that director Stephen Girsky is receiving compensation worth $900,000 per year plus expenses to act as a special adviser to Chairman and Chief Executive Ed Whitacre.

U.S. stocks slid on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses and raised concerns about bank profits.

U.S. stocks slid from 15-month highs on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the banking industry.

Shares of Leap Wireless International Inc jumped 9 percent after a report on DealReporter.com said the low-cost wireless carrier appeared close to a deal with investment banks to explore strategic options.

JPMorgan Chase & Co on Friday announced a record $9.3 billion payday for its investment-banking employees, setting the stage for competitors like Goldman Sachs Group Inc to also make eye-popping payouts.

U.S. stocks slid on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the banking industry.

U.S. stocks slid on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the banking industry.

JPMorgan Chase & Co's average deposits were $329.8 billion last quarter, down 3% quarter-on-quarter and down 3% year-on-year, despite increasing both its number of branches and checking accounts from last quarter.