Market News

The arrest of a suspected Middle Eastern terrorist may have spared Citigroup a damaging lawsuit by the U.S. government over soured mortgage securities.

On 7/16/14, SLM Corp.'s 6.97% Cumulative Redeemable Preferred Stock, Series A (NASD: SLMAP) will trade ex-dividend, for its quarterly dividend of $0.8712, payable on 7/30/14. As a percentage of SLMAP's recent share price...

U.S. and U.K. investigators who are examining how Western investment firms won business in Gadhafi's Libya are looking at Tradition Financial Services and parties that it held for Libyan officials in Marrakesh.

China is investigating two more high-ranking officials in the anti-corruption campaign. Both of them are allies of former domestic security chief Zhou Yongkang. In another corruption case, China filed charges against inv...

Think airline seats couldn't get any smaller? Think again. France-based aircraft manufacturer Airbus (EPA:AIR) is hoping to squeeze even more seats aboard commercial aircraft, reports the Los Angeles Times. The company s...

UNITED NATIONS

For the first time a state regulator is suing debt settlement companies that allegedly take advantage of student loan borrowers. Illinois Attorney General Lisa Madigan filed two lawsuits on Monday: one against Broadsword...

RBI has done both reverse repo auctions and term repo auctions, but the former has met with scant interest from banks

Citigroup will settle the U.S. government's accusations that it misled investors about the quality of mortgage securities it sold in the run-up to the financial crisis.

In afternoon trading on Monday, Utilities stocks are the worst performing sector, showing a 0.9% loss. Within the sector, Exelon (NYSE: EXC) and NRG Energy (NYSE: NRG) are two large stocks that are lagging, showing a los...

Holding by retail investors jumps from 6.96% in June 2013 to 14.17% in June 2014 on hopes of an open offer

The US markets are higher this afternoon, with the Dow up 0.71%, the S&P higher by 0.51% and the Nasdaq up 0.62%. Some of the most actively traded stocks include Advanced Micro Devices (AMD) up 5%, Bank of America (BAC) ...

The Unum Group (UNM) declared a quarterly dividend of $0.165 per share on its common stock to be paid on Aug. 15, 2014, to stockholders of record on July 28, 2014.

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.

Kae Capital, Mumbai Angels and Blume Ventures are investors in the provider of cloud platform for app developers

Kinder Morgan Energy Partners, one of North America's largest mid-stream energy companies, is expected to publish its Q2 2014 results on July 16. The company's performance over the last few quarters has been driven by ac...

CSX Corporation (NYSE: CSX), a leading railroad in the eastern U.S., will be reporting its second quarter earnings on July 16. We expect to see growth in its second quarter revenue driven by an increase in carloads of al...

After more than two months of extensive discussions, the three leading Chinese telecom service providers have finally reached an agreement to establish the country's first joint network infrastructure company. The joint ...

Bay will release its Q2 2014 earnings on July 16. We expect robust growth driven by continued expansion in Europe, growing e-commerce volume, the positive impact of a new delivery system that allows customer to collect t...

This post is by Ana Swanson, an analyst at JL Warren Capital. This article originally ran in the Nikkei Asia Review on July 3.

Analyst does about-face, says Apple shares are once again a smart buy on the way to new record highs.

The bulls may be setting the stage for what can also be called the "melt-up" phase