Market News

Mexico moved to end the country's 75-year-old monopoly on oil and gas production, potentially opening up some of the world's biggest remaining untapped oil reserves to private companies.

The FIR accuses NSEL of cheating, fraud, forgery with the victims being 17,000 small farmers/investors

Analysts have become increasingly bearish on Pan American Silver in the month leading up to the company's second quarter earnings announcement scheduled for Thursday, August 15, 2013. The consensus analyst estimate has m...

Kohl's reports its second quarter earnings on Thursday, August 15, 2013, and the consensus earnings per share estimate is $1.04 per share.

Wall Street is high on Perrigo Company, expecting it to report earnings that are up 22% from a year ago when it reports its fourth quarter earnings on Thursday, August 15, 2013. The consensus estimate is $1.56 per share,...

Over past five years, strong financial performance and a rise in valuations of consumption have led to a rebalancing of weightage in markets favour

Wall Street is high on Estee Lauder Companies, expecting it to report earnings that are up 29% from a year ago when it reports its fourth quarter earnings on Thursday, August 15, 2013. The consensus estimate is 22 cents ...

Wall Street is expecting lower profit for Applied Materials when the company reports its third quarter results on Thursday, August 15, 2013. Analysts are expecting earnings per share of 19 cents after the company booked ...

Optimism surrounds Nordstrom, as it gets ready to report its second quarter results on Thursday, August 15, 2013. Analysts are expecting the company to book a profit of 88 cents a share, up from 75 cents a year ago.

The Global Water Portfolio ETF (PIO) is seeing unusually high volume in afternoon trading Tuesday, with over 55,000 shares traded versus three month average volume of about 36,000. Shares of PIO were off about 0.4% on th...

Stocks traded in a narrow range early Tuesday as the markets once again lacked the necessary catalyst to push it substantially higher or lower. As we head into afternoon, markets are showing some improvement as the major...

Pamela Anderson is set to bring a little Hollywood glamor to motorsport after becoming part owner of a sports car racing team.

Photos from the BlackBerry 10 launch event.

Looking back to 97 days ago, Vantiv Inc (NYSE: VNTV) priced a 38,600,000 share secondary stock offering at $23.75 per share. Buyers in that offering made a considerable investment into the company, expecting that their i...

Looking back to 154 days ago, Lexington Realty Trust (NYSE: LXP) priced a 20,000,000 share secondary stock offering at $11.70 per share. Buyers in that offering made a considerable investment into the company, expecting ...

The latest move aims to increase the overseas fund flow into Indian bond markets

Treasury bond yields highest in 10 days; Wall Street lower as homebuilders come under pressure

Shareholders of New York Community Bancorp Inc. (NYSE: NYCB) looking to boost their income beyond the stock's 6.6% annualized dividend yield can sell the October covered call at the $16 strike and collect the premium bas...

The European operation seems to be in better shape and should inspire confidence among investors

Shareholders of Reinsurance Group of America, Inc. (NYSE: RGA) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the January 2014 covered call at the $70 strike and collect the prem...

Novelis missed Street estimates owing to pricing headwinds, lower conversion margins and an unfavourable product mix

The financial performance of OMCs in the quarter looks better than Street estimates, as most analysts hadn't accounted for govt compensation