Market News

The markets were higher today despite a light day of trading as investors are looking ahead to more earnings reports next week.

The Race to Dakar has been marred by injuries to three Britons after they were involved in a road traffic accident in South America, which left two others dead.

The Labor Department announced on Thursday first-time jobless benefits claims rose by 4,000 this week to 371,000 claims.

American International Group (AIG) was downgraded by Wells Fargo (WFC) to market perform from outperform due to a lack of catalysts in the near term to drive the stock price higher.

Brady (BRC) had its estimates and price target increased by BMO (BMO) as recent acquisitions should add to the bottom line.

Hertz (HTZ) was downgraded by Morgan Stanley (MS) to underweight from overweight with a price target of $18, due to increased used car pricing.

Colgate Palmolive Company (CL) maintained its quarterly dividend of 62 cents per share. The dividend is payable on February 15, 2013, to shareholders of record on January 24, 2013.

When I turn on my lights I get a yellow glow for a bit then a bit of flicker followed by a proper, though slightly unsatisfying, light. That?s because incandescent bulbs are banned and I now have new ?hi-tech? fluorescen...

Argentina seems to be on a collision course of its own making. Inflation is soaring and investment is on the wane. Despite being the third largest economy in Latin America with abundant resources, Argentina no longer has...

In trading on Thursday, metals fabrication & products shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Molycorp (MCP), off about 23.3% and shares of Nci Building Sy...

Last year was a challenging year, to say the least, for the solar sector. The chronic oversupply of solar panels caused prices to decline sharply through the year, eroding profit margins across the industry. Demand in ke...

It's sometimes hard to impress upon people the impact of fees. In a recent Wall Street Journal article, however, I saw the perfect example sitting about halfway through the piece.

Priceline, a leading online travel agency, provides its customers a broad range of travel products and services such as hotel bookings, airline tickets, car rentals, cruises and vacation packages. It operates online trav...

New York Gov. Andrew Cuomo has pushed ahead to make his state the leader in the new push to tighten gun laws. The governor's thinking offers a glimpse at what other states and the federal government might do, and helps t...

Now there is proof positive that Nokia is turning around what had been a business that woefully trailed in smart phones. The company reports that it has sold 4.4 million Lumia smart phones in the fourth quarter.

Analysts expect higher profit for Lennar (LEN) when the company reports its fourth quarter results on Tuesday, January 15, 2013. The consensus estimate is calling for profit of 43 cents a share, reflecting a rise from 16...

Analysts expect disappointing news from Forest Laboratories (FRX) when it reports its third quarter earnings on Tuesday, January 15, 2013. They project a loss of -13 cents a share after the company booked a profit of $1....

PriceSmart (PSMT) announced that it earned $20 million, or 66 cents per share, for the most recent fiscal quarter, versus earnings $14 million, or 47 cents per share, in the same period last year. Revenue was $535.4 mill...

Stock-exchange operator BATS Global Markets said a "system issue" has allowed hundreds of thousands of transactions to be executed at prices that weren't the regulator-required best ones available at the time.

New mortgage rules set to be unveiled Thursday by the Consumer Financial Protection Bureau will spell out how lenders must ensure that borrowers can repay their home loans.

Every so often, investors look at the yawning gap between the performance of Japanese stocks and nearly any other market and take the bait. Many are doing so again in 2013.

Two KPMG auditors are accused of not spotting problems at a Nebraska bank that later failed, marking the first time the SEC took action against auditors related to the financial crisis.