Market News

Charles Schwab announced a concept foreign to many on Wall Street: Refunds. Will other brokerage firms follow suit?

On 12/11/13, HSBC Holdings plc's Adjustable Rate Cumulative Preferred Stock, Series D (NYSE: HUSI.PRD) will trade ex-dividend, for its quarterly dividend of $0.2812, payable on 1/2/14. As a percentage of HUSI.PRD's recen...

EOW has asked at least 138 brokers to submit their books of accounts and client-wise details of transactions

Revenue jumped 19% to $191.2 million from $161 million in the third quarter of last year. Both owned hotels and trains and cruises performed well in the quarter.

While J&J's new drug holds promise, it will need to come up with a more novel and convenient therapy for Hepatitis C to make a material difference to the stock.

FDA approval of Sovaldi, a new drug for hepatitis C drug is a treatment breakthrough, the second in two weeks.

Shares plunged on an earnings miss and continue to sell off.

The year 2013 saw the 30-year bull market in bonds wind down and stocks soar, with a stronger recovery since 2009 than in the last five market cycles. As we move into 2014, strategists at Bank of America Merrill Lynch Gl...

Wall Street is expecting lower profit for Joy Global when the company reports its fourth quarter results on Wednesday, December 11, 2013. Analysts are expecting earnings per share of $1.11 after the company booked a prof...

Optimism surrounds Costco, as it gets ready to report its first quarter results on Wednesday, December 11, 2013. Analysts are expecting the company to book a profit of $1.02 a share, up from 95 cents a year ago.

Optimism surrounds Hovnanian Enterprises, as it gets ready to report its fourth quarter results on Thursday, December 12, 2013. Analysts are expecting the company to book a profit of 17 cents a share, up from two cents ...

Former Barclays Plc. (LON: BARC) executive Bob Diamond is making a comeback - in sub-Saharan Africa. He has partnered with billionaire Ashish Thakkar, founder and CEO of Mara Group, a conglomerate involved in projects in...

(Kitco News) - Gold prices ended the U.S. day session sharply higher and hit a three-week high Tuesday. Gold and silver were boosted by short covering and bargain hunting following recent downside pressure. After their ...

The stock looks cheap on multiple fronts. Since 2008, First Niagara has traded for an average of 3.27 times trailing twelve months of sales, but its present P/S multiple of 2.67 is 18% lower.

Anyone who believes 30-year mortgage rates now at 4.5% are a depressant for housing starts, after bottoming at 3% this past spring, is a nut job. Years ago, home owners rested contentedly with 6.5% mortgages.

(Kitco News) - It has been a wild year for bitcoin and although the currency has been around for the last five years, 2013 is when most investors started to pay attention to the crypto-currency; the enthusiasm for bitco...

F1 drivers can double their points at the season finale but is this new idea to keep the title race alive a meaningless gimmick?

With decent levels of growth both in the U.S. and abroad, many cyclical sectors have rebounded quite strongly in 2013, with transports leading the way in this regard. This shouldn't be too surprising to many investors, a...

On 12/12/13, Vornado Realty Trust's 5.40% Series L Cumulative Redeemable Preferred Shares (NYSE: VNO.PRL) will trade ex-dividend, for its quarterly dividend of $0.3375, payable on 1/2/14. As a percentage of VNO.PRL's rec...

On 12/12/13, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series M (NYSE: RBS.PRM) will trade ex-dividend, for its quarterly dividend of $0.40, payable on 12/31/13. As a percentage of RBS.P...

On 12/12/13, Strategic Hotels & Resorts, Inc.'s 8.25% Series C Cumulative Redeemable Preferred Stock (NYSE: BEE.PRC) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/31/13. As a percentage of ...

When investing in today's market, keep in mind two important concepts: 1) Don't get caught up in negativity surrounding Obamacare and government dysfunction; and 2) look for the stock leaders and understand the laggards.