This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Things You Need to Know Before the Stock Market Opens

Stocks in this article: BAC EBAY EK WBMD MS

BOSTON ( TheStreet) - Earnings results from Bank of America (BAC) and Morgan Stanley (MS) lead your quick fix of company, market, economic and investing news for Thursday, Jan. 19.

Thursday's 5 Biggest Stories

Bank of America books a profit in the fourth quarter, but it came thanks to one-time items like the sale of its CCB stake. Reuters

Morgan Stanley, on the other hand, reports a loss that was smaller than analysts had expected. CNBC

Spain and France pass critical tests: Both countries saw strong demand for their debt at auction. NYT

Don't forget about Greece! The country heads into a second day of talks with creditors to slash debt and avoid default. Bloomberg

Meanwhile, Fitch Ratings says its review of six eurozone countries will results in downgrades of one or two notches. Welcome to the party, Fitch. Reuters

Quote of the Day

"We don't need concessions. What we need is a sufficiently effective governance system that is able to eliminate the risk markets associate with the euro zone," Italian Prime Minster Mario Monti said of the need for better eurozone governance. MarketWatch

Company News

It's finally official: Eastman Kodak (EK) has filed for bankruptcy. NYT

Why even bother calling it eBay (EBAY) anymore. Let's just call it PayPal. FT

WebMD (WBMD) is facing uncertain times, made more uncertain after Carl Icahn boosted his stake to nearly 12%. Forbes


After 2011 saw outflows that rivaled 2008, investors are back in stock funds in 2012. WSJ

13 signs of a bull market. Ivanhoff Capital

Investment Strategy

The most overbought ETFs list is topped by homebuilders. Bespoke Investment

Wendy's (WEN) is one of three cheap stocks to consider now. MarketWatch

Odds and Ends

Here's an Anthrax video to get you pumped for Thursday's trading session. YouTube

-- Written by Robert Holmes in Boston.

>To contact the writer of this article, click here: Robert Holmes.

>To follow Robert Holmes on Twitter, go to

>To submit a news tip, send an email to:

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs