What happened
Shares of E*Trade Financial (NASDAQ: ETFC) surged by nearly 22% on Thursday after news broke that it had struck a deal to be acquired by Morgan Stanley (NYSE: MS).
What happened
Shares of Tivity Health (NASDAQ: TVTY) were plunging after the Nutrisystem parent announced disappointing fourth-quarter earnings and said that its CEO would be stepping down.
China's Hubei province reported an uptick in new cases of coronavirus on Friday, reversing three days of declines, although the numbers still confirmed a downward trend which the World Health Organization (WHO) has called encouraging.
NEW YORK (Reuters Breakingviews) - Morgan Stanley boss James Gorman has stolen a march on David Solomon at Goldman Sachs. His $13 billion all-share deal to buy online brokerage E*Trade Financial gives Morgan Stanley more stable revenue, higher returns and cheaper funding
Japan's annual core consumer inflation picked up only slightly in January, keeping the Bank of Japan under pressure to maintain its massive monetary stimulus to support a fragile economy saddled with weak growth and prices.
Saudi Arabia said on early Friday it had intercepted and destroyed several ballistic missiles launched by Houthi militia towards Saudi cities, state news agency SPA quoted the Saudi-led coalition fighting the Iran-aligned group as saying.
Rogers Corp. (ROG) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.