BUZZ-U.S. STOCKS ON THE MOVE-Vaalco, Pep Boys, Dover, Solazyme
(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) U.S. stocks rose modestly on Tuesday as investors digested the initial major earnings of the first-quarter reporting season, which showed some weakness despite companies topping lowered expectations. The Dow Jones industrial average was up 0.18 percent at 18,008.87 and the S&P 500 was unchanged at 2,092.47.
** JPMORGAN CHASE & CO, $62.98, +1.47 pct
JPMorgan, the biggest U.S. bank by assets, reported a 12.2 percent rise in quarterly profit as revenue from fixed-income trading rebounded.
For a graphic: here
** NOKIA OYJ, $7.975, -3.92 pct
** ALCATEL-LUCENT SA, $4.731, +8.76 pct
Nokia is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition. Continued...