continued to lead list of the 10 most-searched stocks on
both reported first-quarter results Friday, but many in market oberservers
the results really are. While both companies beat expectations, the quarter did not necessarily point to great performance.
Investors are getting curious about what
Bank of America
will have to say when it reports its earnings before the bell Monday.
announced it was selling its car insurance unit to Zurich Financial, sending the value of the Swiss company downwards and resulting in Fitch ratings giving it a negative outlook.
saw its share price come under pressure. Investors are beginning to believe that the accounting-rule change may not be as big of a bonus as had been previously thought. State Street reports its earnings next week.
On the tech side,
reported a profit increase of 9% for the first quarter, aided by cost-cutting. The company also looks to
for some products.
Sirius XM Radio
got its corporate credit rating
may not have an exciting product but it does
by Oppenheimer to Outperform from Perform.