Market News

* Ups dividend to 9.75 cents from 9.5 cents per share * Q1 profit $3.2 bln vs $3.1 bln consensus forecast * Rosneft contribution down 75 pct vs. Q4 2013 * Shares up 0.8 pct (Adds analyst comment, share price) By Sarah Yo...

Australian stocks rise ahead of what is expected to be another round of record profit results by the country's major banks

JP Morgan, Morgan Stanley, Barclays, Deutsche Bank and Bank America are staring at the exit signs for some or all of their energy trading business. But now as the dust settles around a new reality, we are all left wonder...

The board of Alstom has accepted an offer from GE to buy its energy business for more than $12 billion, a person familiar with the matter said.

Deutsche Bank pledged to take all possible measures to bolster its capital as first-quarter profit tumbled 34%.

Energy Future, the former TXU, filed for one of the biggest bankruptcies on record, surrendering to a misguided bet on natural-gas prices and a debt load of more than $40 billion.

(Kitco News) - Comex gold futures ended the U.S. day session moderately lower Tuesday, while the spot (cash) gold market was near unchanged. More chart-based selling pressure was featured as the metal’s overall near-t...

Ahead of the Tape: Central bankers likely will stay the course on reducing monetary stimulus when the Federal Reserve's latest conclave ends Wednesday.

(Kitco News) - It is appropriate to have some gold in your portfolio as inflation is expecting to push higher in the near-future, said the chief economist and strategist at one of Canada’s pre-eminent wealth management...

Sterling Holiday's shares were purchased at average price of `98 apiece, valuing the transaction at `60.21 crore

During the earnings call, we will be looking for an update on the company's ongoing new project development, specifically the Kearl expansion project in Canada, the liquefied natural gas project in Papua New Guinea and t...

Though the consolidation of Corning Precision Materials added to Corning's revenue, it also led to an increase in operating expenses, bringing down overall operating margins to 33.7% compared to 42% in the first quarter ...

The company seems to be gaining momentum and with its aggressive expansion plans, is expected to post impressive sales and profits in the coming months. For fiscal 2014, Starbucks is targeting a 10% revenue growth and a ...

The stock has declined substantially over the last few months and the company will need to demonstrate brisk revenue growth alongside meaningful gain in profitability in order to rekindle investor faith. There has been a...

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.

MGM was not the only casino stock gaining Tuesday.

The French holding company moved its luxury brands into two divisions that specialize in jewelry and watches and couture and leather goods.

Why Israel's economic boom is driven by dangerous bubbles that are similar to those that caused the Financial Crisis.

British oil giant BP reported a 24% drop in first quarter profit Tuesday, but shares of the company are trading for a roughly 3% gain thanks to a dividend hike and assertion that tax proceeds from $10 billion in divestit...

In trading on Tuesday, agriculture & farm products shares were relative laggards, down on the day by about 1%.  Helping drag down the group were shares of Agria (GRO), off about 4.4% and shares of Cresud Sacip (CRESY) o...

I like to think about the future--like postulating how the stock market may operate twenty five years from now.  Since the release of the book The Flash Boys, which details high frequency computerized trading, I have b...

Lower demand and sharp increase in costs lead to a steep decline in net profit in March quarter