Market News

Banking powerhouse JPMorgan Chase & Co. (NYSE:JPM) has agreed to sell its commodities business to giant Swiss commodities house Mercuria Energy Group Ltd., reports the Wall Street Journal.

The Commodity Futures Trading Commission is seeking public comment on ways to resolve a series of data problems that have hobbled efforts to see more clearly into the multitrillion-dollar swaps market.

The Fed altered its guidance on the likely path of interest rates, putting less weight on the unemployment rate as a signpost for when rate increases will start. The bond-buying program will be cut by a further $10 billi...

U.S. stocks were flat on Wednesday, as investors await a statement from the Federal Reserve at 2 p.m Eastern, following the Federal Open Market Committee's (FOMC) two-day policy meeting on March 18-19.

Steel Dynamics (STLD) declared a quarterly cash dividend of $0.1150 per common share, a five percent increase over the company's 2013 quarterly rate. The dividend is payable to shareholders of record at the close of busi...

The Fed said that information received since the Federal Open Market Committee met in January indicates that growth in economic activity slowed during the winter months, in part reflecting adverse weather conditions. Lab...

The iShares Global Utilities ETF (JXI) is seeing unusually high volume in afternoon trading Wednesday, with over 139,000 shares traded versus three month average volume of about 42,000.  Shares of JXI were down about 0....

In trading on Wednesday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 0.9% on the day.  Components of that ETF showing particular strength include shares of KB Home (KBH), up about ...

A comprehensive report about South Africa's economic bubble and how it will pop.

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...

U.S. stocks fell on Wednesday ahead of the Federal Reserve's monetary-policy announcement.

J.P. Morgan has agreed to sell its commodities trading business to Swiss-based energy trading company Mercuria Energy Group for $3.5 billion.

Marketwired, a provider of news releases such as corporate earnings and economic data, will stop providing the releases directly to high-frequency traders.

Container volumes at major ports remained subdued in February

A Wall Street stockbroker and a managing clerk at a law firm face federal charges the two engaged in an insider-trading scheme that netted $5.6 million in illegal profits.

The growth comes after six-eight quarters as exports rise, while some credit goes to currency and base effect

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Kroger (KR) is now the #183 analyst pick, moving up by 1 spot.         This rank is formed...

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, United Technologies (UTX) is the #2 analyst pick.  United Technologies is a...

In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 2.1%.  Helping drag down the group were shares of International Tower Hill Mines (THM), off about 8% and shares of Golden ...

Sebi directs FTIL and all its subsidiaries to sell equity holdings and any securities convertible into equities in all stock exchanges within 90 days

In trading on Wednesday, general contractors & builders shares were relative leaders, up on the day by about 2.2%.  Leading the group were shares of KB Home (KBH), up about 7.8% and shares of WCI Communities (WCIC) up a...

Dry weather in the U.S. southern Great Plains curbs prospects for the winter crop.