Market News

Bitcoin plunges to as low as $500 early on Monday, down more than 27% from Friday's final price of $692

On Tuesday, the S&P climbed another 1.1%, capping the largest four-day rally in over a year.

The E&P division, which had been dragging the company's profits in the past, reported a sharp drop in losses

When you model Facebook's numbers you find it selling at an EBITDA ratio under 20 times 2015's projection. No other super growth property comes close to such a reasonable valuation.

Xilinx (XLNX) declared a quarterly cash dividend of $0.29 per share, an increase from the current dividend of $0.25 per share. The quarterly dividend increase will be effective in the June quarter, payable on June 4, 201...

While the operating results for the year are impressive, it remains to be seen to what extent profit margins have slipped as a result of lower prices, particularly for iron ore.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.

The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) is seeing unusually high volume in afternoon trading Tuesday, with over 582,000 shares traded versus three month average volume of about 155,000.  Shares of FEX wer...

Regeneron broke out today, up more than 7%.

(Kitco News) - Gold prices ended the U.S. day session with good gains and hit a more-than-three-month high Tuesday. The market was boosted by the increasingly bullish near-term technical posture of gold, and by non-thre...

With a growing number of flash-based storage solutions, the company's hardware storage margins could improve further. However, if OEM product sales recover from the slight decline in the previous quarter, then the rise i...

Going forward, we expect Cisco to leverage its recent Insieme acquisition to bolster its SDN portfolio and focus on margins to tide over near-term concerns. The fundamental demand for data, cloud computing and mobility s...

Contracting soda sales and declining demand for hot cereals in the U.S. are expected to weigh on the company's financials. However, the company is expected to derive growth from its booming Frito-Lay snacks division, esp...

Sebi asks brokerages to establish a 'software escrow arrangement' with their existing software vendors

Jacobs Engineering Group (JEC) has acquired Eagleton Engineering headquartered in Houston, Texas. The acquisition enhances Jacobs' capabilities in midstream and upstream pipeline engineering, design and field surveying s...

Sinha was arrested on 17 October by Mumbai Police's EOW in connection with the payments crisis, after arrests of Jai Bahukhandi and Amit Mukherjee

After seven years of recession, a ballooning budget deficit and billions in unfunded pension liabilities, Puerto Rico’s bonds last week were downgraded by two agencies, Standard & Poor’s and Moody’s, to “junk” ...

Gold futures and gold miners are rebounding as Janet Yellen testifies in front of the House Committee of Financial Services Tuesday, but some prognosticators believe the metal has room and reason to fall.

The official medal designs for the XXII Olympic and Paralympic Winter Games.

(Guest post by Lane Mason of Objective Analysis) The global semiconductor industry exceeded $300 billion in sales for the first time ever in 2013, spurred by consistent, steady growth across nearly all regions and produc...

In trading on Tuesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 4.1% on the day.  Components of that ETF showing particular strength include shares of Banro (BAA.CA), up about 14.5% and sh...

In trading on Tuesday, hospital & medical practitioners shares were relative laggards, down on the day by about 1%.  Helping drag down the group were shares of Triple-S Management (GTS), down about 9% and shares of Skil...