Market News

Six months after his dad's brokerage collapsed in scandal, Russell Wasendorf Jr. is struggling to move on. He relocated to Florida, where he is looking for work as a consultant and mulling a move to Australia.

QGOG Constellation announced that it filed its registration statement with the SEC today in connection with its IPO of common shares. QGOG Constellation's common shares are expected to commence trading after the SEC comp...

German bank DVB gave up plans to raise $500 million in the U.S. bond markets, a sharp contrast to the recent investor clamor for corporate debt and a rare case of an announced offering being pulled.

Norwegian Cruise Line Holdings and NCL Corporation announced today the launch of Norwegian's IPO of 23,529,412 ordinary shares pursuant to a registration statement on Form S-1 filed with the SEC. Norwegian will grant the...

SunCoke Energy (SXC) announced today that its wholly-owned subsidiary, SunCoke Energy Partners, has launched its IPO of 13,500,000 common units representing limited partner interests pursuant to a registration statement ...

CVR Refining today announced the launch of its IPO of 20,000,000 common units representing limited partner interests. CVR Refining will list its common units on the New York Stock Exchange under the symbol "CVRR." CVR Re...

The markets were lower today as investors remained on the sidelines ahead of the start of earnings season. Alcoa (AA) is set to report after the closing bell today and analysts are expecting earnings of 6 cents a share.

MGM Resorts (MGM) was upgraded by Credit Suisse (CS) to outperform from neutral with a price target of $17 due to an improved balance sheet.

After a roller coaster 2012 as macroeconomic uncertainty surrounding the Eurozone crisis took a heavy toll on network spending, Cisco seems prepared for a much better 2013. Not only are its restructuring initiatives taki...

Long-term Treasurys, considered among the safest assets in the investment world, lost 3.07% of value in the early days of 2013--more than wiping away their annual 3% yield in less than one week.

International Paper Company (IP) maintained its quarterly dividend of 30 cents per share. This dividend is payable on March 15, 2013, to holders of record at the close of business on February 15, 2013.

In trading on Tuesday, shipping shares were relative leaders, up on the day by about 1.2%. Leading the group were shares of Excel Maritime Carriers (EXM), up about 9.3% and shares of Safe Bulkers (SB) up about 4% on the ...

In trading on Tuesday, music & electronics stores shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Gamestop Holding (GME), down about 7.1% and shares of Radioshack ...

An exhaustive examination of thousands of Federal Reserve documents by Bloomberg News shows which firms tapped the central bank's liquidity facilities the most during the financial crisis.

Seed maker Monsanto (MON) announced that its net come nearly tripled during the fiscal first quarter, in part due to strong Latin American sales. The company said it earned $339 million, or 63 cents per share, versus $12...

In the global rice market, a big and surprising buyer has emerged: China.

Asian stock markets were lower Tuesday with Japan dragged by a firmer yen. The Nikkei falls 0.5%.

Some investors are betting that the coming raft of corporate earnings will give stocks a lift. The informal kickoff to fourth-quarter earnings reports comes this week, as aluminum maker Alcoa announces results after the ...

The order requires those seeking payment from Zabeel Investments to take their claims to a special committee of judges rather than to the courts of the Dubai International Financial Center.

Eight of the S&P 500's 10 sectors dropped into the red, with utility and energy sectors falling the most.

Fifteen corporate borrowers rated BBB or better raised a combined $17.7 billion, the third-busiest session by volume in the past 12 months.