U.S. stock futures were higher this morning after the Dow, S&P 500, and Nasdaq chalked up their first back-to-back gains of May.
last year, according to a determination by state fire investigators. The fire, which killed 85 people, was the deadliest and most destructive wildfire in California history.
Sony announced it would buy back 4.8% of its stock, about $1.8 billion worth, through the end of the current fiscal year next March. Sony had announced its first-ever share buyback plan in February. Flowers Foods reported adjusted quarterly profit of 32 cents per share, 2 cents above estimates, and the maker of Wonder Bread and other baked products also saw revenue beat forecasts. Higher prices helped overcome slower sales.
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