BUZZ-U.S. STOCKS ON THE MOVE-Microsoft, Alphabet, Norfolk, BJ's Restaurants
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) Wall Street was lower on Friday after a slew of disappointing earnings reports from Microsoft and other major companies eclipsed a surge in oil prices which boosted energy shares. The Dow Jones industrial average was down 0.22 percent at 17,943.62, the S&P 500 was down 0.36 percent at 2,083.96 and the Nasdaq Composite was down 1.27 percent at 4,883.315.
** ALPHABET INC, $733.16, -6.01 pct
Google's parent company missed Wall Street targets for first-quarter profit and revenue on Thursday as it spent more money to build traffic for its mobile advertising services.
** MICROSOFT CORP, $51.92, -6.92 pct
The software company reported results that fell short of analysts' expectations, showing its high-profile cloud business cannot quite make up for a slowing personal-computer market.
** KIMBERLY-CLARK CORP, $125.68, -4.61 pct
The personal care product maker reported lower-than-expected first-quarter sales, hurt by a strong dollar. Continued...