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 up 0.02 percent at 17,986.56, the S&P 500 was down 0.14 percent at 2,088.54 and the Nasdaq Composite was down 1.05 percent at 4,894.149.
** ALPHABET INC, $735.37, -5.72 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, $51.895, -6.96 pct
At least 5 brokerages cut PT on Microsoft's stock after the software company reported lower-than-expected first-quarter profit on Thursday.
** KIMBERLY-CLARK CORP, $126.33, -4.11 pct
The personal care product maker reported lower-than-expected first-quarter sales, hurt by a strong dollar. Continued...