Market News

The markets opened on a positive note today with some hopeful signs of recovery from the housing sector. The S&P Case Shiller's composite index of 20 metropolitan areas showed a 0.9 percent rise in home prices in Decembe...

Greif Incorporated (GEF) maintained its quarterly dividend of 42 cents per share. The dividend is payable on April 1, 2013 to shareholders of record at close of business on March 18, 2013.

The markets opened higher this morning, but reversed course later in the day, over concerns over the election in Italy.

Capital One Financial (COF) had its numbers lowered by Jefferies (JEF) due to the sale of the Best Buy card portfolio. A buy rating was issued with a price target of $60.

Colgate-Palmolive (CL) was downgraded by Bank of America/Merrill Lynch (BAC) to neutral from buy with a price target of $119 as the company is being confronted with difficult comps as well as currency headwinds.

Autodesk (ADSK) had its estimates and price target increased by Credit Suisse (CS) as the company has been signing an increasing number of large deals, which should add to the bottom line. A $35 price target was issued.

The property developer raised about £49m from the market.

Archer-Daniels-Midland (ADM) was downgraded by BMO Capital (BMO) as the stock price is approaching the previously set $32 price target.

Delphi Automotive (DLPH) maintained a dividend of 17 cents per share. The dividend will be paid on March 27 to shareholders of record at the close of business on March 15, and is the first of the former parts unit of Gen...

Marketo announced today that it plans to conduct a registered initial public offering of its common stock. The offering is expected to commence after the SEC completes the review process initiated by Marketo's confidenti...

Unfortunately in the modern market, sometimes it's "stairs up, elevator down." The market has been in a methodical melt-up for most of the year, but yesterday erased several days of constructive price action.

Uncertainty is the market's worst enemy, but politicians around the world don't seem to understand this fundamental issue, as MoneyShow's Tom Aspray surveys the current landscape and recommends steps tor protect your por...

In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Hovnanian Enterprises (HOV), up about 3.3% and shares of Pultegroup (PHM) ...

Lenders reported their 12th-straight quarterly profit and again set aside less money for potential bad loans, as the banking industry continued to recover from the financial crisis.

Treasury prices pulled back as investors set aside concerns about Italy's political uncertainties to focus on Fed chief Bernanke's testimony.

Photos of the Forbes Most Powerful People

Ben Bernanke is set to deliver his semiannual report to Congress, and in prepared remarks ahead of his appearance before the Senate Tuesday, the Federal Reserve Chairman said the U.S. economy is still improving, albeit u...

J.P. Morgan Chase plans to cut overall expenses in 2013 by $1 billion and reduce headcount by 4,000 in its consumer-banking business.

European political instability never went away, it just lay dormant. Italy has managed to deliver to global capital markets a recipe for successful 'political gridlock.' A country considered as one of the strongest among...

Home Depot (HD) announced that it earned $1.02 billion, or 68 cents per share for the quarter ending on February 3rd, versus $774 million, or 50 cents per share in the same period last year. Sales increased by 14% to $18...

U.K. rate setters have discussed the idea of introducing negative interest rates, which would see the Bank of England effectively charge commercial lenders to deposit cash, in an effort to stimulate the economy.

Paul Kavanagh, chairman of Killik Capital, says the support by central banks though their quantitative easing (QE) programmes has the made bond markets "uneconomic" for investors