Market News

China inflation eases slightly in June after hitting a four-month high in May

(Reuters) - Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of conspiring to engage in insider trading while at the hedge fund, ending a five-year winning ...

Shares of Potbelly were down close to 16% in after hours trading Wednesday to $12.36 after the toasted sandwich chain released preliminary second quarter earnings.

The worst performing sector as of midday Wednesday is the Utilities sector, showing a 0.6% loss. Within that group, AGL Resources (NYSE: GAS) and Pinnacle West Capital (NYSE: PNW) are two large stocks that are lagging, s...

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, KeyCorp (NYSE: KEY) has taken over the #327 spot from Garmin Ltd. (NASD: GRMN), according to The Online Investor.

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Gilead Sciences, Inc. (NASD: GILD) has taken over the #29 spot from PepsiCo Inc. (NYSE: PEP), according to The Onli...

At Holdings Channel, we have reviewed the latest batch of the 23 most recent 13-F filings for the 06/30/2014 reporting period, and noticed that Pfizer (NYSE: PFE) was held by 16 of these funds. When hedge fund managers a...

Buried on the tenth page of minutes chronicling the Federal Open Market Committee latest meeting was a small bit of news Fed watchers had long been waiting for. The Federal Reserve will end its monthly asset purchased ...

After a four-month investigation, French authorities say they're the first to shut down a bitcoin exchange in Europe. The move comes as virtual currency advocates are calling for clear and modern regulatory guidelines in...

Women in the top ranks of their companies have more than just their paycheck to worry about when it comes to how they're compensated compared to their male counterparts. New research suggests that female executives actua...

If you come at the second-richest man in the world, you best not miss.

A handful of giant commodity traders such as Netherlands-based Trafigura Beheer and Vitol Group are increasingly taking a central role in global commodity markets.

U.S. stocks extended gains after the release of Federal Reserve meeting minutes that market participants described as largely in line with expectations.

The Justice Department and Citigroup are close to a deal for the bank to pay about $7 billion to settle allegations it sold shoddy mortgages in the run-up to the financial crisis.

The election of a pro-business government in India has encouraged companies to try to sell shares. The federal budget, to be unveiled Thursday, will be the first big indication of how progressive the new administration i...

The board of directors of Phillips 66 (PSX) has declared a quarterly dividend of 50 cents per share on Phillips 66 common stock. The dividend is payable on Sept. 2, 2014, to shareholders of record at the close of busines...

Firms start hiring to meet rising demand as average daily turnover by retail investors rises to Rs12,475 crore in June

Polls suggest the independence campaign may fall short. But there remains a large swath of undecided voters and lots of unanswered questions. For Scotland's banks, there is much at stake.

Pirelli showed F1 a possible back to basics vision of the future Wednesday as it debuted a new 18-inch tire -- a size fitted to many everyday road cars -- on the final day of the Silverstone in-season test.

After a bumper crop of CLO issuance in June, July started on a quieter tone with the July 4th holiday weekend capping issuance in the U.S. In Europe, the market looks set for a relatively quiet period, with most new tran...

While the bank has done well to improve revenues from its asset management arm and also to slash costs over this period, we believe that the benefits from these are unlikely to nullify the negative impact of the low inte...

The U.S. and China launched formal economic talks, with U.S. Treasury Secretary Jacob Lew arguing that exchange rate liberalization and other U.S. priorities were in China's interest and Chinese Vice Premier Wang Yang ca...