Market News

Bank of America Corp (NYSE:BAC) agreed on Thursday to pay $16.5 billion to settle accusations that it sold bogus mortgages ahead of the 2008 U.S. financial crisis. The settlement is the largest ever reached by the govern...

An Atlanta federal judge is expected to order the operators of a fraudulent diet program to pay $40 million for violating a May court order to pull their product from shelves. The Federal Trade Commission said the judgme...

Argentina's options are dwindling after its latest proposal to exit default by sidestepping a U.S. court order met with skepticism in financial markets on Wednesday.

(Kitco News) - An improving U.S. economy and growing expectations for an early rate hike will drag gold prices lower by the end of the year, but the impact will be limited says commodity economists at a leading macro-eco...

Apple Inc. (NASDAQ:AAPL) is set to make a major announcement on Sept. 9. The Cupertino, California-based company is expected to release a piece of wearable technology that may or may not be called the iWatch, and a new i...

Federal prosecutors are poised to pursue a civil case against Angelo Mozilo, the disgraced Countrywide Financial co-founder, according to multiple sources. Mozilo is widely regarded as the archetype of the corporate misb...

GAZA/JERUSALEM

The eurozone's fragile economic recovery took another blow as private business growth slowed more than expected in August on worse than expected data from Germany and France.

Norway's sovereign wealth fund is gradually picking up some new markets but at less rapid pace than it did at the beginning of the year

When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,716 13F filings for the 06/30/2014 reporting period, and noticed that Hartford Financial Services...

At Holdings Channel, we have reviewed 3,716 13F filings for the 06/30/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...

Year-on-year, crude steel output rose by 1.7% in July lower than the 3.1% growth in June

When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,716 13F filings for the 06/30/2014 reporting period, and noticed that American Airlines Group Inc...

In afternoon trading on Thursday, Financial stocks are the best performing sector, up 0.6%. Within that group, Bank of America (NYSE: BAC) and SunTrust Banks (NYSE: STI) are two of the day's stand-outs, showing a gain of...

In afternoon trading on Thursday, Services stocks are the worst performing sector, showing a 0.1% loss. Within that group, Staples (NASD: SPLS) and GameStop (NYSE: GME) are two large stocks that are lagging, showing a lo...

Optimism about the short-term direction of stock prices jumped to a eight-month high in the latest AAII Sentiment Survey. Neutral sentiment, meanwhile, dipped below its historical average for the first time since early J...

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 one noteworthy recent insider buy.

USPS' Commercial Base and Commercial Plus pricing are options available to businesses that ship a high volume of light weight packages, for example, e-commerce businesses. It is likely that U.S. e-commerce players will f...

Target is augmenting its omni-channel portfolio to elevate web sales as well as drive greater store traffic. In Canada, the retailer is looking to rectify shortcomings with its supply chain, pricing and merchandise selec...

Liquids have generally become more profitable to produce than natural gas because of higher price realizations. Last year, Exxon sold liquids at an average price of around $95 per barrel, compared to just around $41 real...

In addition to highlighting the fierce competition at the top level, the latest RootMetrics report indicates that Verizon and AT&T are far ahead of smaller players T-Mobile and Sprint in overall network performance. Alth...

India's growth over next 10 years will be hostage to unknown factors such as oil price movements and monsoon, says fund manager at Luminance Global