Market News

Record closing high on Wall Street lifts Asia; Janet Yellen comments seen as hawkish, buoys dollar

The retail sector continues to confound billionaire investor Warren Buffett and his Berkshire Hathaway partner Charlie Munger, who have bemoaned their bad luck in retail investing for years.

Pro-Russian separatists within Eastern Ukraine claimed on Thursday that they found the "black box" flight data recorder from the crashed Malaysia Airlines Flight MH17, according to Reuters. While unconfirmed, some report...

The amount issued of so-called "green" bonds, debt instruments that raise money for specifically low-carbon projects, is soaring exponentially, according to a report released Thursday by the London-based Climate Bonds In...

If you've noticed your coffee budget is a little tight this summer, you're not alone. More than other nations, Americans looking for a caffeine jolt have turned to the sweet, cold version served in a plastic cup with a s...

Govt seeks to enhance public holding in PSUs from 10% to 25%, which will help the govt raise much-needed money

The JPMorgan Chase economist says budget 2014 shows the Modi-led NDA has decided against making a clean break from policies pursued by UPA

The FTSE 100 postal services group fell heavily for a second trading session

Infrastructure investment trusts were announced in budget to provide easier financing options to developers of public works

Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, losing just 0.4%. Within that group, Pinnacle West Capital (NYSE: PNW) and CenterPoint Energy, (NYS...

Citigroup declared a quarterly dividend on Citigroup's common stock of $0.01 per share, payable on August 22, 2014 to stockholders of record on August 4, 2014.

Five years into a bull market for stocks, retirement savers should confirm they have an asset mix they could hold comfortably even in a downturn.

Iron ore production and shipments rose sharply in the first half of the year, as compared to the corresponding period last year. This is consistent with the company's strategy to expand iron ore production, despite a sub...

While Ann Taylor?s average store count has been wayward in the recent past, we expect it to rise gradually going forward, driven by the expansion of new concept stores and a Canadian expansion. However, the retailer?s st...

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.

Disney incurs huge expenses to maintain these parks as well as upgrade them time-to-time with new rides. Theme parks have benefited from strong attendance and higher per capita guest spending driven by higher ticket pric...

The company has guided for quarterly revenues of between $36 billion and $38 billion and gross margins of between 37%and 38%. Overall, we expect the company to meet its revenue guidance while possibly meeting the high en...

The iShares North American Tech-Multimedia Networking ETF (IGN) is seeing unusually high volume in afternoon trading Thursday, with over 430,000 shares traded versus three month average volume of about 26,000.  Shares o...

In trading on Thursday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 3.4% on the day.  Components of that ETF showing particular strength include shares of Silver Standard Resources (SSRI), up...

In trading on Thursday, general contractors & builders shares were relative laggards, down on the day by about 2.1%.  Helping drag down the group were shares of M/I Homes (MHO), off about 3.8% and shares of Ryland Group...

In trading on Thursday, precious metals shares were relative leaders, up on the day by about 3%.  Leading the group were shares of Timmins Gold (TGD), up about 10.5% and shares of Golden Minerals Company (AUMN) up about...

Technically, Apple looks promising, making new highs since the split. With the recent pullback, it's providing another opportunity for an entry.