Market News

Shares of Gail India and Coal India lead the declines

The southern Plains is entering its fourth year of drought, reducing harvests in the biggest wheat-growing region of the U.S.

As momentum stocks have turned over in 2014, investors have fled to high dividend utilities. This rotation has driven the Utilities SPDR (XLU) up 14% so far this year. The false equivalency that dividends equal safety ha...

The shares were offloaded at an average price of `546 apiece, valuing the transactions at `67.2 crore

The US markets are lower this afternoon, with the Dow down 0.20%, the S&P losing 0.55% and the Nasdaq down 1.23% so far today. Some stocks showing significant losses today include Bank of America (BAC) down 6.71%, Facebo...

Honeywell (HON) has declared a regular quarterly dividend of $0.45 per share on the company's outstanding common stock. The dividend is payable on June 10, 2014 to shareowners of record at the close of business on May 22...

The revenue improvement did not propagate to the bottom line due to $72 million in one-time severance costs that State Street incurred as a part of its larger cost-cutting plan. The corresponding job reductions are expec...

Given the strong growth rates achieved during the second quarter, ADP revised its guidance for the year 2014. The company now expects revenues to grow between 7%-8%, compared to the previous guidance of 7%.

The net income was dragged down by several one-time charges to the tune of $900 million. These factors are not representative of the underlying costs associated with the company's business and therefore, we don't expect ...

The largest wireless carrier in the U.S. added a net 539,000 postpaid subscribers in the first quarter, about 20% fewer than the same period last year and trailing AT&T by 86,000. The figure included tablet net adds of 6...

Spurred by a healing European economy and attractive corporate tax rates, U.S. firms have found renewed interest in doing deals here.

The iShares U.S. Financial Services ETF (IYG) is seeing unusually high volume in afternoon trading Monday, with over 166,000 shares traded versus three month average volume of about 56,000.  Shares of IYG were down abou...

In trading on Monday, the Consumer Staples Select Sector SPDR Fund ETF (XLP) is outperforming other ETFs, up about 1.2% on the day.  Components of that ETF showing particular strength include shares of Dr Pepper Snapple...

In trading on Monday, cigarettes & tobacco shares were relative leaders, up on the day by about 1.6%.  Leading the group were shares of Lorillard (LO), up about 3.2% and shares of Altria Group (MO) up about 2.6% on the ...

Do US corporations pay too much in taxes? Here's a look at some of the cheapest countries-- and the most expensive -- for a multinational to set up shop.

What happens if America's largest drug company, Pfizer, and America's drug store, Walgreen's, both execute deals that mean they no longer will be domiciled in America, and as a result will pay far less in American taxes?...

(Reuters) - The U.S. Department of Homeland Security advised computer users to consider using alternatives to Microsoft Corp's Internet Explorer browser until the company fixes a security flaw that hackers have used to l...

Sheraan Amod likes to think of Cape Town, South Africa as the "Silicon Cape." "It's the undisputed tech hub of Africa," he said. And he should know. A computer engineer, Amod is also the co-founder of Springlab, a a tech...

Personal product sales growth slipped to 8.3% in March quarter compared with 12.4% in the three months to December

AstraZeneca rallied 15% in London, while Pfizer rose 4.6% on Wall Street

With tech stocks flying, bubble calls are multiplying, but ServiceNow's Frank Slootman says his business is 'bulletproof.'

Sell-in-May wisdom has proven true in the last decade, but hasn't held up as well on a long-term basis.