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.

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...

The best performing sector as of midday Wednesday is the Services sector, higher by 0.6%. Within that group, Walgreen (NYSE: WAG) and GameStop (NYSE: GME) are two large stocks leading the way, showing a gain of 4.6% and ...

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...

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...

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.

In our view, Alaska's strong profit performance is driven by its strategy of focusing on a few markets where it controls a significant portion of the overall flying capacity. This dominance in turn provides Alaska with c...

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.

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...

On the 2nd, Krispy Kreme Doughnuts reported financial results for the first quarter of fiscal 2015, ended May 4, 2014. The Company also lowered its adjusted earnings per share guidance for the full year to a range of $0....

The former Treasury secretary speaks candidly about lessons learned from the financial crisis--and the "scars" from leftover challenges.

When you invest in a private equity fund or make an angel investment, you are told in big bold letters that this is an illiquid investment and you should not expect to touch that money again for at least 5 to 10 years.