stock trading

Scott Sutherland of Wedbush Securities joins us live via telephone to discuss Apple's Q1 Earnings.

The Justice Department is also expected to approve the deal.

Comcast shares rise 1.3% in afternoon trading.

Shares of Comcast (CMCSA) are higher after the company reportedly received approval from the Federal Communications Commission for its purchase of a majority stake in NBC Universal.

Comerica said it will exchange each share of Sterling common stock for 0.2365 shares of Comerica common stock when the deal closes in the middle of 2011.

Comerica shares are down 7.9%, or $3.34, to $38.91.

Comerica (CMA) shares are lower after it unveiled a deal to buy Sterling Bancshares (SBIB) for a little over $1 billion in a stock-swap deal in an effort to expand its bank business in Texas, MarketWatch reports.

Also, on Friday, BP said it would swap about $8 billion in stock with Russian firm Rosneft as a part of an agreement to explore the Arctic Ocean.

BP ADRs are down 0.2%.

ADRs of BP (BP) are down in in afternoon trading after the British oil major said it received drilling rights to explore for petroleum in four deepwater areas in Australia. The 9,260 square mile area could see drilling begin in 20

Consumer shares are mixed in mid-session trading as McDonald's (MCD) advances on an RBC Capital upgrade. The firm made the move based on expected price increases that will help comps. Meanwhile, Comcast (CMCSA) shares are just hig

Earlier Citigroup shares are sharply lower after the bank--hit by a net loss of $52 million in its brokerage and asset management holdings--reported reported a $1.3 billion profit, or 4 cents a share, from a $7.6 billion loss, or

Analysts had forecast profit of 8 cents a share on revenue of $20.6 billion, according to a FactSet Research poll.

Bank of America (BAC) shares are slipping following a disappointing earnings report from Citigroup (C). Bank of America is slated to release its financial results on Friday.

Boeing has a potential upside of 15.4% based on a current price of $72.21 and an average consensus analyst price target of $83.35.

Boeing (NYSE:BA) shares are trading 3.11% higher at $72.25 after the company said that the 787 Dreamliner's delay to the third quarter would have no material impact on the company's financials, according to a Bloomberg report.

Health care shares are mixed to higher in mid-session trading while Johnson & Johnson (JNJ) issues another product recall. the McNeil Consumer Healthcare division of Johnson & Johnson today issued a recall for several of i

Technology shares are just higher in mid-session trading as the sector shakes off morning malaise. In mid-day news, shares of Apple are down more than 3% after the firm said yesterday that Apple (AAPL) CEO Steve Jobs would be taki