Bank shares in focus as futures barely budge

Stock index futures were little changed on Friday, with bank stocks in focus after bailed-out British lender Lloyds Banking Group Plc (LLOY.L) (LYG.N) said it would return to profitability in 2010. Lloyds

S&P, Nasdaq slip after Philadelphia Fed data

Stocks were little changed on Thursday, though the S&P and Nasdaq turned lower after data from the Philadelphia Federal Reserve showed new orders in the U.S. Mid-Atlantic region decelerated in March. Earlier

FedEx reports higher quarterly profit

Package delivery giant FedEx Corp (FDX.N) posted sharply higher quarterly profit, citing an improving global economy. Memphis-based FedEx reported profit for its fiscal third quarter ended Feb 28 of $239 million, or