Midday movers: Staples, Deere, Abercrombie
Stocks move in a narrow range, little affected by the day's slew of economic reports.
Standard Chartered (SCBFF) reached a $340 million settlement with the New York Department of Financial Services and was then upgraded to "buy" at Nomura and at BofA/Merrill.
Carl Icahn wins one seat on the Forest Labs (FRX) board.
Carlyle Group (CG) emerged as the winning bidder for Getty Images for $3.3 billion.
Wal-Mart (WMT) de Mexico said it is not aware it is being investigated by local authorities for money laundering or fiscal evasion.
Goldman Sachs (GS) plans to eliminate 20 to 30 jobs in its sales and trading division this week.
Among the notable gainers were JDSU (JDSU), after it reported better-than-expected Q4 earnings report; and Abercrombie & Fitch (ANF), after it gave an encouraging FY12 outlook and raised its share buyback program by 10 million shares.
Noteworthy losers included Staples (SPLS), after it reported disappointing Q2 earnings and assumed slower growth in the U.S. and European economy; and Deere (DE), after the company's Q3 earnings fell below expectations and it cut its full-year outlook.
WASHINGTON (AP) — The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.
Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.
The ugliness goes well beyond unemployment, which at 8.3 percent is the highest this long after a recession ended. Economic growth has never been weaker in a postwar recovery. Consumer spending has never been so slack. Only once has job growth been slower.
YUP...all you media "spin doctors" and "financial gurus"...just keep telling the gullible public how great things are. The truth.....the economy sucks and will for a long, long time. The only reason the stock market is up is due to infusion of printed money, manipulation and greed.
MORE ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Brick and mortar sales might not be booming, but that doesn't tell the whole retail story.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.