Market News

The pending IPO of Facebook and the recent offerings of Zynga and LinkedIn have led to the debut of a few new faces on Forbes Billionaires List for 2012. Here are the 11 billionaires who benefitted, or will benefit, from...

The modest 90,000-barrel-a-day rise next year would be the first in the world's biggest oil consumer since 2010, according to the Energy Information Administration. Demand for gasoline is seen as essentially flat.

In trading on Tuesday, shares of the iShares PHLX SOX Semiconductor Sector Index Fund ETF (NASD: SOXX) crossed above their 200 day moving average of $53.02, changing hands as high as $53.10 per share. iShares PHLX SOX Se...

Images of BP's 500-ton system to stop deepwater oil spills

The long list of organization-wide changes that Citigroup?s new CEO Michael Corbat announced last week shows that the global financial giant?s new boss isn?t really in the mood to lose any time to show investors his comm...

About a month ago I wrote about corporate spinoffs in Forbes, focusing on the fact that the orphaned businesses actually tend to outperform their former parents and the market at large. The story featured ADT, a recent s...

Maximus (MMS) was initiated by Citigroup (C) with a $75 price target and a buy rating as several catalysts exist that will should boost the stock price in the near term.

The Commerce Department announced on Tuesday that the trade deficit grew 4.8 percent in October from September to $42.2 billion. Exports dropped by 3.6 percent to $180.5 billion. Imports dropped by 2.1 percent to $222.8 ...

Last year, I made 10 predictions for 2012.  Some were bolder than others. As I stated then, right or wrong, I would review these at the end of the year and give myself a score card. The first five predictions made ...

The U.S. is selling its last shares in AIG for $7.6 billion, essentially closing the books on one of the most controversial bailouts of the financial crisis.

Since hitting a recession-driven low in March 2009, the Dow has doubled in value. But many ordinary investors remain too fearful to join in the gains.

FMC Corporation (FMC) announced its quarterly dividend of 13.5 cents per share, an increase of about 50% over its prior dividend in September of 9 cents. The dividend will be payable on January 17 to shareholders of reco...

American International Group (AIG) today announced that the U.S. Department of the Treasuryhas priced an offering of approximately 234.2 million shares of AIG common stock at a price to market of $32.50 per share. Upon t...

Former hedge-fund managers Anthony Chiasson and Todd Newman made tens of millions of dollars of "big money" by making illegal trades in Dell Inc. and other technology companies based on secrets provided by corrupt inside...

Investors piled into orange-juice futures, placing bets that prices would rise after federal forecasters cut their estimate for Florida's citrus crop by 5.2%.

Greek bondholders submitted bonds with a face value of about €31.5 billion ($40.7 billion) to the country's debt buyback program, a senior Greek government and bank official said.

The chip designer rose ahead of first-half results tomorrow.

Kraft Foods Group (KRFT) maintained a dividend of 50 cents per share. The dividend is payable on January 14, 2013 to shareholders of record as of December 31, 2012.

Caseys General Stores Incorporated (CASY) maintained its quarterly dividend of 16.5 cents per share. The dividend is payable February 15, 2013 to shareholders of record on February 1, 2013.

The U.K. Serious Fraud Office has arrested three men as part of an investigation into the rigging of interest rates.

Adobe Systems (ADBE) had its price target increased by Jefferies (JEF) as the company is experiencing strong growth in its creative cloud business. A hold rating was issued.

In trading on Tuesday, education & training services shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Education Management (EDMC), up about 8.8% and shares of Career Education (...