BOSTON (TheStreet) - Earnings results from Bank of America (BAC) - Get Report and Morgan Stanley (MS) - Get Report 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.
, on the other hand, reports a loss that was smaller than analysts had expected.
Spain and France
pass critical tests: Both countries saw strong demand for their debt at auction.
Don't forget about
! The country heads into a second day of talks with creditors to
slash debt and avoid default
says its review of six eurozone countries will results in downgrades of one or two notches. Welcome to the party, Fitch.
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
said of the need for better eurozone governance.
It's finally official:
( EK) has filed for bankruptcy.
Why even bother calling it
anymore. Let's just call it
is facing uncertain times, made more uncertain after Carl Icahn boosted his stake to nearly 12%.
After 2011 saw outflows that rivaled 2008,
investors are back in stock funds
13 signs of a
most overbought ETFs
list is topped by homebuilders.
is one of three cheap stocks to consider now.
Odds and Ends
video to get you pumped for Thursday's trading session.
-- Written by Robert Holmes in Boston
>To contact the writer of this article, click here:
>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.