Market News

NSEL had hired SGS to verify the quantity of commodities lying in borrowers' warehouses

As AT&T eyes European acquisitions, it also has to keep one eye on its debt load

Wall Street is expecting higher profit for Xilinx when the company reports its second quarter results on Wednesday, October 16, 2013. The consensus estimate is calling for profit of 52 cents a share, a rise from 46 cents...

US Senators close in on deal as 17 October deadline looms; markets still cautious until deal finalised

Hector Sants, a top Barclays executive brought in 10 months ago to help repair ties with global regulators, is taking a leave of absence until at least the end of this year after suffering from "exhaustion and stress," a...

Facebook defined the IPO Class of 2012 with its huge, controversial offering. After an up-and-down year overall for new offerings, 2013 brings more uncertainty as market weakness in the first half could keep a lid on inv...

Fitch placed the U.S.'s triple-A rating on watch for downgrade as the government runs short on time to raise the nation's borrowing limit.

The yields rose to the highest level in nearly five years amid signs that no deal was imminent on Capitol Hill ending the U.S. budget showdown.

Sean Edwards, one of Britain's most promising racing drivers, has been killed in a crash at the Queensland Raceway in Australia.

The Chinese internet market has been extremely strong so far in 2013.

The market heads into the close with the S&P 500 lower by about 0.7%, as Senate talks have reportedly been halted. CNBC is reporting that the House will propose a new bill to fund the government until mid-December and ra...

Dominos is killing it overseas with stores opening faster than Starbucks, Dunkin Donuts, Yum! Brands and McDonald's.

The retirement savings stats are pretty scary: Fewer than half of Americans have even calculated what they might need to retire.

Based on recent buyout activity this year, no sector is hotter for takeovers than retail . Still, a number of retail stocks are selling near their 52-week low and many of these companies have little or no debt, and lots ...

(Kitco News) - Comex gold prices ended the U.S. day session slightly lower Tuesday, but then rallied to moderately higher levels in late-afternoon trading. Short covering and some safe-haven demand were seen on the rebo...

Shares in JC Penney collapsed on Tuesday to their lowest levels since the mid-1980s on rumors that CEO Mike Ullman was looking for Burberry Chief Angela Ahrendts to replace him, as she was hired by Apple to step in Ron J...

The Charles Schwab Corporation (SCHW) posted net income for the third quarter of $290 million, up 13% from $256 million for the second quarter of 2013, and up 17% from $247 million for the third quarter of 2012. Diluted ...

As I have suggested in earlier posts, of the three companies, Panasonic is in all ways the strongest. It also seems to have been executing--and with a growing sense of urgency--the most effective restructuring strategy.

Today, Carnival Corporation (CCL) has announced that it has declared a dividend of $0.25 per share. The company's board of directors approved a record date for the quarterly dividend of November 22, 2013, and a payment d...

Kohlberg Kravis Roberts & Co. (KKR) announced the signing of a definitive agreement under which funds advised or controlled by KKR are acquiring the SBB/Telemach Group from Mid Europa Partners. The executive management t...

The SPDR S&P Insurance ETF (KIE) is seeing unusually high volume in afternoon trading Tuesday, with over 680,000 shares traded versus three month average volume of about 97,000. Shares of KIE were down about 0.2% on the ...

United States has social spending that would make any European country proud and its outlays on defense are huge. From 2000 through 2012, spending on social security totaled $7 trillion, total outlays on Medicare were $5...