Early Movers: Disney (DIS), EA (ERTS), Goldman Sachs (GS) and Morgan Stanley (MS)
Disney (DIS) reported earnings after the close yesterday. Earnings were OK, but the networks continue to drain the other parts of the company. The stock has recovered from a 3% pre-market drop.
Electronic Arts (ERTS) issued guidance that disappointed traders. Shares are down more than 6%.
Goldman Sachs (GS) is no longer alone in being probed over allegations of misleading investors in mortgage derivative products. Morgan Stanley (MS) is now on the hot seat too. Shares are down 4.3%.
Disclosure: No positions in the stocks mentioned.