Market News

(Reuters) - General Motors (GM.N) was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition swi...

Icahn has already made more than $100 million cashing in on his well-timed Family Dollar bet.

We expect the improving trends in consumer sentiment and rising disposable income levels to drive MasterCard's performance for the second quarter.

As we entered 2014, just about every Wall Street analyst said that interest rates would move higher.  Goldman Sachs estimated that the 10-year Treasury bill would end the year at 3.25%.  Not one analyst predicted the 1...

Like many states, Rhode Island has been placing growing slices of its pension funds into higher-risk investments, entrusting the money to Wall Street financial managers who capture hefty fees. Yet the state has rebuffed ...

The U.S. economy grew a better-than-expected 4 percent in the second quarter, but for the working man and woman, the payoff in higher wages and any meaningful added spending power is still some ways off. Analysts say muc...

(Reuters) -- A federal judge Wednesday ordered Bank of America Corp. (NYSE:BAC) to pay $1.27 billion in damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by it...

Investors should look for the companies that have a recent history of growing their earnings (and revenues) and are still trading at a relatively reasonable price.

Surprising no one, the Federal Open Market Committee has cut another $10 billion from its quantitative easing program.

One year after NSEL defaulted, FMC chairman says the commodities market regulator has done all it could but isn't happy with the pace of investigation

There are no signs of investors emerging to buy the stake that Jignesh Shah's flagship FTIL owns in the bourse

American's second quarter passenger yield increased sharply indicating that the carrier likely raised its passenger fares on many routes during the past year. All in all, driven by higher passenger traffic and higher pas...

WellPoint (WLP) declared a third quarter 2014 dividend to shareholders of $0.4375 per share. On an annualized basis, this equates to a dividend of $1.75 per share. The third quarter dividend is payable on September 25, 2...

Poor Gorilla Glass sales also negatively impacted Corning's operating margins which declined 2.9% year-on-year to reach 18.5%. Corning's Display Technologies, Optical Communications, and Environmental segments posted dou...

The company has been working on increasing user engagement on mobile devices and improving its targeting ability to drive growth in its business. This can help it command higher pricing on its recruitment solutions servi...

Essentially, in the long run, Samsung wants to gain a firm footing in the consumer fitness market, like Apple and Google, which could ideally be integrated to the hospital-based market through cloud-based data. Hence, Sa...

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...

The German bank reported debt trading revenues of €1.8 billion ($2.4 billion) for the period - the same as the year-ago period - even as most of the world's largest investment banks witnessed a 10-15% decline in these ...

On 8/1/14, Equity Commonwealth's 6 1/2% Series D Cumulative Convertible Preferred Shares (NYSE: CWH.PRD) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 8/15/14. As a percentage of CWH.PRD's rec...

On 8/1/14, Citigroup Inc's 8.125% Non-Cumulative Preferred Stock, Series AA (NYSE: C.PRP) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 8/15/14. As a percentage of C.PRP's recent share price o...

On 8/1/14, Boston Properties, Inc.'s 5.25% Series B Cumulative Redeemable Preferred Stock (NYSE: BXP.PRB) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 8/15/14. As a percentage of BXP.PRB's re...

The iShares MSCI USA Momentum Factor ETF (MTUM) is seeing unusually high volume in afternoon trading Wednesday, with over 77,000 shares traded versus three month average volume of about 27,000.  Shares of MTUM were off ...