Market News

(Reuters) - Bank of America Corp is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold in the run-up to the financial crisis, in a deal that could be a...

HP reported $27.6 billion in third quarter revenue.

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component JetBlue Airways Corp (NASD: JBLU) was identified as having a larger market cap than the smaller end of the S&P 500, for exampl...

At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 06/30/2014 reporting period, and noticed that Johnson & Johnson (NYSE: JNJ) was held by 10 of these funds. When hedge fund ...

The worst performing sector as of midday Wednesday is the Healthcare sector, showing a 0.4% loss. Within that group, Intuitive Surgical (NASD: ISRG) and Biogen Idec (NASD: BIIB) are two of the day's laggards, showing a l...

In afternoon trading on Wednesday, Industrial stocks are the best performing sector, higher by 0.5%. Within that group, Jacobs Engineering Group (NYSE: JEC) and Parker Hannifin (NYSE: PH) are two of the day's stand-outs,...

But investors say Indian equity indices no longer among most preferred bets as valuations seem to be turning expensive

Federal Reserve officials debated at their July meeting whether to move sooner than expected to start raising interest rates in light of an improving job market and rising inflation, but decided they needed more evidence...

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 dollars to ...

In our opinion, the F-35 program and Lockheed's rising international military sales underpin its current valuation. We currently have a stock price estimate of $165 for Lockheed, marginally below its current market price...

VMware has closed deals with Japanese telecom provider SoftBank and China Telecom to expand its international presence. VMware's share of revenues from international markets rose from 51.5% in 2011 and 2012 to 52.3% in 2...

Losses of oil firms are expected to decline considerably next fiscal, as losses on diesel are expected to be nil because of regular price hikes

African governments are on pace to issue a record amount of bonds in 2014, but global investors' appetite for African bonds may be testing its limit.

We believe that the move to create a new business unit serves to reinforce the company's strategy and could prove positive for two reasons. Firstly, it is likely to bring about improved operational synergies between the ...

Flowserve (FLS) has authorized a quarterly cash dividend of $0.16 per share on the company's outstanding shares of common stock. The dividend is payable on October 10, 2014, to shareholders of record as of the close of b...

The Copper Miners ETF (COPX) is seeing unusually high volume in afternoon trading Wednesday, with over 156,000 shares traded versus three month average volume of about 32,000.  Shares of COPX were up about 0.5% on the d...

In trading on Wednesday, the Industrial Select Sector SPDR Fund ETF (XLI) is outperforming other ETFs, up about 0.9% on the day.  Components of that ETF showing particular strength include shares of Cummins (CMI), up ab...

In trading on Wednesday, transportation services shares were relative laggards, down on the day by about 1.5%.  Helping drag down the group were shares of Hertz Global Holdings (HTZ), down about 9.8% and shares of GasLo...

In trading on Wednesday, apparel stores shares were relative leaders, up on the day by about 1.1%.  Leading the group were shares of Gordmans Stores (GMAN), up about 12.5% and shares of American Eagle Outfitters (AEO) u...

Managing director Navin Raheja says funds will be used for expansion

When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,702 13F filings for the 06/30/2014 reporting period, and noticed that Micron Technology Inc. (NAS...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Autodesk (ADSK) is now the #69 analyst pick, moving up by 25 spots.         This rank is f...