Market News

Lithuania may become the next European country to adopt the euro currency after the European Commission on Wednesday gave its initial approval to the Baltic state. After previously failing to meet the commission's standa...

A federal appeals court overturned a lower court's decision to reject a $285 million civil settlement between the SEC and Citigroup, saying the settlement was in the "public interest."

A historic mining strike has crippled the South African economy and is finally starting to affect global precious metal prices as producer stockpiles dwindle. Workers at three companies responsible for about 40 percent o...

On May 22nd, Williams (WMB) board of directors approved a regular dividend of $0.4250 on the company's common stock, payable June 30 to holders of record at the close of business June 13.  The new amount is an increase ...

After a 20% dip from recent highs and with a slightly smaller multiple, analysts think Under Armour is a compelling buy.

The explorer lost ground even though it discovered gas off Tanzania

GLG Partners takes a 0.6pc short position in the freshly-floated company, helping wipe £19m off the value of the shares held by customers and small investors

GLG Partners has taken a 0.6pc short position in the freshly-floated company

Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 0.2% loss. Within the sector, Public Service Enterprise Group (NYSE: PEG) and AES Cor...

Pharrell Williams has offered an apology for his controversial Elle UK cover. Williams covers the magazine's July issue, wearing a Native American warbonnet. The cover was first released on Elle's Facebook page on Tuesda...

Ipanema Coffees, supplier to Starbucks Corp. (NYSE:SBUX), said it expects a 40 percent drop in crop yields after an historic drought in Brazil. Brazil is the world's largest coffee producer, responsible for about a third...

UnitedHealth Group (UNH) authorized payment of a cash dividend of $0.375 per share, to be paid on June 25, 2014, to all shareholders of record of UnitedHealth Group common stock as of the close of business on June 16, 20...

We believe that the pessimism in the market could be stemming from threats to the company's utilization rates and dayrates, considering the looming oversupply of rigs in the usually lucrative ultra-deepwater market.

The First Trust North American Energy Infrastructure Fund ETF (EMLP) is seeing unusually high volume in afternoon trading Wednesday, with over 496,000 shares traded versus three month average volume of about 141,000.  S...

In an effort to reduce its dependence on the declining traditional PC market, AMD has increased its focus on new growth markets. As part of its restructuring efforts, the company intends to derive 50% of its revenue from...

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.

The globally diversified banking group fell to the last position in this list by the end of Q1 2014 - despite faring better than Bank of America in terms of P/B ratios over recent years - due to the sharp decline in its ...

Looking back to 92 days ago, Acadia Pharmaceuticals (NASD: ACAD) priced a 6,400,000 share secondary stock offering at $28.50 per share. Buyers in that offering made a considerable investment into the company, expecting t...

In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.7% on the day.  Components of that ETF showing particular strength include shares of Vanda Pharmaceuticals (VNDA), up about...

In trading on Wednesday, advertising shares were relative laggards, down on the day by about 0.5%.  Helping drag down the group were shares of Coupons.com (COUP), off about 6.5% and shares of RetailMeNot (SALE) down abo...

In trading on Wednesday, shipping shares were relative leaders, up on the day by about 1.7%.  Leading the group were shares of Eagle Bulk Shipping (EGLE), up about 12.6% and shares of Dryships (DRYS) up about 5.5% on th...

OpenSpan announced a new partnership with IGATE to utilize OpenSpan Desktop Automation and Activity Intelligence to enhance its contact center operations and consulting services to its customers in North America and Euro...