Market News

The commodity markets regulator sets two-week deadline for a plan to recover Rs5,574.35 crore in the payments crisis

(Reuters) - Sprint Corp (S.N) is closing in on an agreement to pay $40 a share to buy T-Mobile US Inc (TMUS.N), Bloomberg reported on Wednesday, drawing the two companies toward a deal to combine the country's third- and...

(Reuters) - U.S. stocks edged up on Wednesday with the S&P 500 ending at a new record as investors brushed off weaker-than-expected labor market data and focused on an acceleration in services-sector growth.

Though a proposed merger between Sprint (NYSE:S) and T-Mobile (NYSE:TMUS) would create a bigger competitor to industry behemoths AT&T and Verizon, it wouldn't necessarily increase coverage nor would it benefit underserve...

Ford Motor Company U.S. sales totaled 254,084 vehicles in May, up 3 percent from a year ago. Retail sales set several model records with 174,889 vehicles sold - an increase of 6 percent.

Looking at the sectors faring worst as of midday Thursday, shares of Consumer Products companies are underperforming other sectors, up 0.2%. Within that group, PVH Corp (NYSE: PVH) and Coca-Cola Enterprises Inc (NYSE: CC...

In afternoon trading on Thursday, Utilities stocks are the best performing sector, higher by 1.0%. Within the sector, AES Corp. (NYSE: AES) and Entergy Corp. (NYSE: ETR) are two large stocks leading the way, showing a ga...

At Holdings Channel, we have reviewed 3,692 13-F filings for the 03/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compon...

Ann cited unfavorable weather conditions and higher-than-anticipated promotional activities as the primary reason for its dismal performance in the first quarter. However, it also said that traffic and sales improved tow...

Verizon Communications (VZ) declared a quarterly dividend of 53 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Aug. 1, 2014, to Verizon Communications shareowners of record a...

The $2.9 billion deal (excluding CFR's $430 million debt) is expected to close by the end of the third quarter this year and be accretive to Abbott's earnings from Q4 2014 onward. The company expects CFR to generate $900...

The uncertainty over interest rates due to the Fed's tapering plan is likely to keep the demand for fresh mortgages depressed. Meanwhile, the banks are also done sifting through their mortgage application pipeline - leav...

This is the first time that Verizon has shared or lost the top position in the U.S. subscriber market since its acquisition of Alltel closed in 2009. However, if we take into account only retail and business subscribers,...

The iShares Global Utilities ETF (JXI) is seeing unusually high volume in afternoon trading Thursday, with over 624,000 shares traded versus three month average volume of about 39,000.  Shares of JXI were up about 0.9% ...

In trading on Thursday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2.8% on the day.  Components of that ETF showing particular strength include shares of Celldex Therapeutics (CLDX), up about 1...

In trading on Thursday, textiles shares were relative laggards, up on the day by about 0.1%.  Helping drag down the group were shares of PVH Corporation (PVH), down about 6.4% and shares of American Apparel (APP) down a...

In trading on Thursday, metals fabrication & products shares were relative leaders, up on the day by about 3.2%.  Leading the group were shares of Transtechnology (BZC), up about 18.6% and shares of Noranda Aluminum Hol...

When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,692 13-F filings for the 03/31/2014 reporting period, and noticed that American International Gro...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Wynn Resorts (WYNN) is now the #122 analyst pick, moving up by 2 spots.         This rank ...

The European Central Bank is now charging its banking customers to hold their money rather than paying them interest , in an effort to encourage them to lend to consumers and promote spending to help the eurozone economy...

Candy Crush took the online game world by storm and led to a rich March payday for its maker King Digital Entertainment PLC (NYSE:KING), and now the company is hoping lightning will strike a second time for its new "Bubb...

On May 21st, Target reported first quarter net earnings of $418 million, or $0.66 per share. Adjusted earnings per share1 were $0.70 in first quarter 2014, a decrease of 13.9 percent from $0.82 in 2013.