Market News

The Federal Reserve's decision to continue its controversial $85-billion-a-month bond-buying program followed six months of closed-door negotiations.

Analysts figure unlocking Talisman's hidden value could generate $500 million for the legendary raider.

IndyCar Series is examining ways to reduce risk after its four-time champion Dario Franchitti and several spectators are injured in Houston.

Revenue and earnings per share for the aluminum company outpaced Wall Street predictions

Real estate investment trusts remain attractive spigots of long-term income even though the past several months of rising interest rates have taken their toll on prices.

(Kitco News) - Comex gold prices ended the U.S. day session near unchanged and in the middle of the day's narrow trading range Tuesday. Gold and silver markets languished on a lack of fresh, bullish fundamental inputs. ...

FMC serves show-cause notice to NSEL promoters and directors for allegedly perpetrating the `5,600 cr settlement fraud

A 118-carat, white, egg-sized diamond, the largest diamond ever sold at auction, fetched $30.6 million at Sotheby's in Hong Kong yesterday, but are price estimates for the most rare gems now too high?

On 10/10/13, Tortoise Energy Capital Fund's 3.95% Series C Mandatory Redeemable Preferred Shares (NYSE: TYY.PRC) will trade ex-dividend, for its monthly dividend of $0.0329, payable on 11/1/13. As a percentage of TYY.PRC...

On 10/10/13, Transcontinental Inc's Cumulative 5-Year Rate Reset First Preferred Shares, Series D (Toronto: TCL-PRD) will trade ex-dividend, for its quarterly dividend of $0.4253, payable on 10/15/13. As a percentage of ...

(Kitco News) - The world has changed quite a bit in the last few weeks, which is why analysts at Saxo Bank are expecting global growth to slow in the fourth quarter and into 2014.

On 10/10/13, PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (NYSE: PNC.PRP) will trade ex-dividend, for its quarterly dividend of $0.3828, payable on 11/1/13. As ...

On 10/10/13, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (NYSE: OFG.PRA) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 10/31/13. As a percentage of OFG.PRA's rec...

(Kitco News) - There might be lots of drama in Washington D.C., but it?s not playing out in the gold market, at least for now.

On 10/10/13, FelCor Lodging Trust, Inc.'s 8% Series C Cumulative Redeemable Preferred Stock (NYSE: FCH.PRC) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 10/31/13. As a percentage of FCH.PRC's r...

On 10/10/13, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares (NYSE: KYN.PRE) will trade ex-dividend, for its monthly dividend of $0.0885, payable on 11/1/13. As a percentage o...

On 10/10/13, Capstone Infrastructure Corp's Cumulative 5-Year Rate Reset Preferred Shares, Series A (Toronto: CSE-PRA) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 10/31/13. As a percentage o...

(Kitco News) - In absence of U.S. government data, the minutes from the September Federal Open Market Committee meeting may get greater scrutiny, analysts said.

On 10/10/13, Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 9 (Toronto: BAM-PRG) will trade ex-dividend, for its quarterly dividend of $0.2375, payable on 11/1/13. ...

In past weeks, I?ve talked about some simple, yet powerful screens I run at billionairesportfolio.com.  The goal for all of the screens is to identify stocks where the potential reward greatly outweighs the risk, or st...

Last year's acquisition of Sperry, Keds and Stride Rite helps double sales.

Through a tweet, Carl Icahn informed investors he has reached an agreement with the board of Nuance Communications to get two board seats, which will feature his son Brett and trusted lieutenant Dave Schechter.