Market News

The Kashagan field, a giant oil project developed by Western oil companies off Kazakhstan, is years late and more than $30 billion over budget.

One of the most secretive and fast-growing practices on Wall Street -- the use of dark pools -- is about to be thrust from the shadows into the harsh light of day by author Michael Lewis in his much-anticipated new book,...

In trading on Monday, trucking shares were relative leaders, up on the day by about 2.5%.  Leading the group were shares of Heartland Express (HTLD), up about 4.8% and shares of Knight Transportation (KNX) up about 4.5%...

China-based Huawei Technologies, the world's second-largest telecommunications equipment supplier after Sweden's Ericsson (NASDAQ:ERIC), reported its fastest profit growth in four years on Monday, and it expects a 56 per...

Japanese shoppers have snapped up gold bars ahead of a controversial hike in the country's sales tax, which takes effect Tuesday, a key part of Prime Minister Shinzo Abe's economic "Abenomics" reforms. Tokyo's Tanaka Kik...

The credit deposit ratio of all scheduled commercial banks inches up to its highest level since October

I looked at all optionable stocks that have at least eight years of returns and met certain liquidity criteria, and summarized their second-quarter returns.

Strong performance comes despite drop in FIIs inflows, which declined 47% from previous year to $13.4 billion

On the last trading session of this fiscal on 28 March, the rupee ended at 59.91, an eight-month high

Unlike Visa, Discover issues credit cards directly to consumers, allowing customers to maintain revolving credit card balances on which the company earns interest. This interest income accounts for more than 60% of Disco...

Since the retailer's namesake brand is already well known in the region, we believe it can build Old Navy into a stronger brand in the coming years. Moreover, the recent pullback in consumer spending in China can make Ol...

Going forward, we believe that the incremental subscriber additions will slow down and price increase will become a periodic phenomenon driving Sirius XM's topline growth. It is therefore important to understand the comp...

Signing long-term supply contracts is crucial to raising the huge capital required to finance LNG projects. Al Walker, the company's CEO, said that these contracts have financially de-risked the project. We believe that ...

Foreign currency exchange losses are unusual charges that often don't appear directly on the income statement because they are bundled in other line items.

The SPDR S&P Global Natural Resources ETF (GNR) is seeing unusually high volume in afternoon trading Monday, with over 339,000 shares traded versus three month average volume of about 92,000.  Shares of GNR were up abou...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Prologis (PLD) is now the #72 analyst pick, moving up by 3 spots.         This rank is for...

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, JPMorgan Chase & Co. (JPM) is the #5 analyst pick.  JPMorgan Chase & Co. al...

(Kitco News) - Large speculators scaled back on their bullish positions in gold and added some bearish ones after Ukrainian tensions eased and comments from the Federal Reserve were construed as hawkish, analysts said.

ZURICH/LONDON

In trading on Monday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 2.3% on the day.  Components of that ETF showing particular strength include shares of Exact Scien...

Deferment of the Basel III norms for a year provides as much a breather for the govt as it does for state-owned banks

The S&P 500 was setting up for a monthly gain, the 14th in the past 17 months