Market News

Billionaire hedge fund manager Bill Ackman is fundamentally wrong in the arguments that he is making in his efforts to force Botox-maker Allergan to sell itself to Valeant Pharmceuticals. Merck and Novartis, both regarde...

The long investigation of JPMorgan's hiring practices in China has reached a milestone: A Hong Kong anti-corruption organization has formally arrested Fang Fang, the bank's former vice president of investment banking in ...

Dish's bid for Sprint in 2013 hints at how the satellite provider fits into telecom M&A.

In early trading on Thursday, shares of Dollar Tree (DLTR) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.6%. Year to date, Dollar Tree has lost about 4.6% of its value.

(Reuters) - Toyota Motor Corp. (7203.T) said on Thursday it is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire. The Japanese automaker said i...

The United Launch Alliance, a joint venture by Lockheed Martin and Boeing, successfully launched a secret spy satellite for the National Reconnaissance Office on Thursday. The NROL-33 mission is classified, but the launc...

A dismal olive crop in Greece and underwhelming harvests across the southern European olive belt largely due to dry weather have lifted prices.

In afternoon trading on Thursday, Utilities stocks are the best performing sector, up 0.8%. Within that group, AGL Resources Inc. (NYSE: GAS) and Ameren Corp. (NYSE: AEE) are two large stocks leading the way, showing a g...

BAT and Imperial Tobacco were buoyed by talk of a US takeover

Royal Bank of Canada (RY) announced its quarterly common share dividend of 71 cents per share, payable on and after August 22, 2014, to common shareholders of record at the close of business on July 24, 2014.

Harsh winter conditions impacted the company?s U.S. comparable sales growth by 1%, but it expects a stronger Q2 on the back of pent-up consumer demand and spring repair sales.

Producing locally and avoiding import tariff and non-tariff barriers unlock a lot of value to automakers. This means that car companies can afford to sell vehicles at much lower prices and therefore target a much larger ...

We believe that an RMT transaction would create greater value for DuPont shareholders in the long run, compared to a simple spin-off. This is primarily because of cost synergies and better pricing power associated with a...

Chevron expects the project to boost its net hydrocarbon production rate by around 0.06 MMBOED in the long run. In its latest annual SEC filing, the company noted that the Angola LNG project would be operating at around ...

The company anticipates its margins to continue to expand in 2014. We figure the simplification initiatives that GE has employed across its industrial businesses have also contributed to expand its healthcare margins.

The First Trust Large Cap Value AlphaDEX Fund ETF (FTA) is seeing unusually high volume in afternoon trading Thursday, with over 864,000 shares traded versus three month average volume of about 107,000.  Shares of FTA w...

In trading on Thursday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 3.6% on the day.  Components of that ETF showing particular strength include shares of Cell Therapeutics (CTIC), up about 16.9...

In trading on Thursday, education & training services shares were relative laggards, down on the day by about 3.7%.  Helping drag down the group were shares of ITT Educational Services (ESI), off about 22.2% and shares ...

The QIP, which was launched on 19 May at a floor price of Rs235, was oversubscribed three times

In trading on Thursday, water utilities shares were relative leaders, up on the day by about 2.5%.  Leading the group were shares of Consolidated Water Company (CWCO), up about 4.7% and shares of Pure Cycle (PCYO) up ab...

First rate cut for a year comes weeks after Erdogan call; inflation remains stubbornly high

It does look like the businesses will continue to run losses for some time and require regular funding