Market News

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Small Cap Bear 3x Shares (TZA), which added 4,850,000 units, or a 9.5% increase we...

Prosecutors are gathering evidence for a grand-jury probe into whether congressional staff helped tip Wall Street traders to a change in health-care policy, an indication the long-running investigation has entered a more...

Bill Gross laments $50 billion in outflows from PIMCO Total Return, but says the firm is a 'happy kingdom' once more.

Right now I have one high-conviction contrarian view: the fact that nobody is worried makes me REALLY worried. I'm so excited that I'm terrified (double entendre intended) and you should be too.

When Argentina defaulted on its debt in 2001, many hedge funds and other investors took a bath, accepting about 35 cents on the dollar of their face value on about 93 percent of the nation's bonds. Many of those losing o...

Brent crude closed near $115 a barrel as Baiji refinery, Iraq lay under ISIL seige

Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, higher by 0.8%. Within the sector, Dominion Resources (NYSE: D) and Public Service Enterprise Group...

Looking at the sectors faring worst as of midday Thursday, shares of Technology & Communications companies are underperforming other sectors, showing a 0.6% loss. Within the sector, Juniper Networks (NYSE: JNPR) and NVID...

The co-head of Asian economic research at HSBC says poor monsoon rains could cut India's GDP growth this fiscal by about half a percentage point, slow consumer spending, drive up food prices

The high net income drove up earnings per share by 159% to reach $2.46. Also contributing to the increase was the repurchase of 9.9 million shares of FedEx common stock during the quarter. The strong cash flow from the q...

The CFPB and Department of Justice said GE Capital Retail Bank discriminated against Spanish-speaking consumers, and used deceptive marketing practices when selling credit card products.

Among bricks-and-mortar competitors, Best Buy has 18% market share in its categories, but among e-retailers its share is only 7%. The company aims to get its market share among e-retailers at least at par with its share ...

We see this as a positive development for BlackBerry, since it should save the company the time and effort in courting developers to create more apps for its shrinking user base, while allowing it to free up resources to...

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 one noteworthy recent insider buy.

Wall Street and Washington don't like each other all that much but they need each other, and investigations into their relationship rarely reach the level they've hit this week as federal prosecutors subpoenaed the power...

BUENOS AIRES

Americans have been using Russian-made space equipment for decades, but amid growing tension in the Ukraine and a few subtle warnings, U.S. companies are vying to create a homegrown solution, though there are still a few...

Kayne Anderson MLP Investment Company (KYN) announced its quarterly distribution of $0.64 per share for the quarter ended May 31, 2014. This distribution represents an increase of 2.4% from the prior quarter's distributi...

The iShares Target Date 2015 ETF (TZE) is seeing unusually high volume in afternoon trading Thursday, with over 130,000 shares traded versus three month average volume of about 73,000.  Shares of TZE were up about 0.5% ...

Fed chief Yellen has played down concerns about leverage in the financial system. But leverage comes in many forms.

Editor’s Note: Kitco News will be releasing a daily feature during the week of June 16 - June 20 focusing on the world's top five gold producing countries, which will include a daily graphic of the countries largest pr...

Editor's Note: Updating with new price information, commentary