Market News

The two hedge fund executives in bespoke suits turned to each other, winked and said, "Open sesame!" That reference to the magic words that reveal hidden treasure in the classic fairy tale failed to impress the security ...

The BSE oil and gas index was the top sectoral loser, down 0.3%

Yahoo (NASDAQ:YHOO) has been riding the Alibaba wave, with its stock gaining in the last month due to its giant share of the Chinese e-commerce giant, whose much-anticipated initial public offering on Sept. 19 could be t...

The cloud may be the future of business, but nobody's interested in one of its biggest players.

By Ellie Ismailidou

Banking on BSE Sensex rally and revival of retail buying interest, five companies backed by PE funds have filed applications with Sebi to launch IPOs

Deterred by high cost and RBI's continuing efforts to prop up the rupee, hedging of forex exposures sees a drop

Looking at the sectors faring worst as of midday Tuesday, shares of Consumer Products companies are underperforming other sectors, higher by 0.6%. Within the sector, Delphi Automotive (NYSE: DLPH) and Harley-Davidson (NY...

In afternoon trading on Tuesday, Energy stocks are the best performing sector, higher by 1.6%. Within that group, EOG Resources (NYSE: EOG) and Phillips 66 (NYSE: PSX) are two large stocks leading the way, showing a gain...

Vision Care products are a part of Abbott?s Medical Optics business and generated $1.1 billion in sales in 2013. Cataract product sales contribute over 65% of the total Vision Care revenues and are an important driver fo...

Halliburton?s deepwater business has been outgrowing the broader market, growing at a CAGR of around 31% over the last 2 years, compared to around 13% for the broader industry. Although the market for deepwater services ...

For the current quarter, Oracle guides revenues to grow between 4% and 6% year to year. Consensus analyst estimates for Q1?15 revenues stand at $8.77 billion, indicating a 4.7% year-on-year growth rate. Oracle?s bottom l...

With domestic beer volumes declining, Anheuser could derive growth from the imported beer segment. If we estimate North America volumes to rise by 10% through the end of our forecast period, which means an average increa...

The military's top officer told a Senate panel Tuesday that U.S. troops could end up fighting side by side with Iraqi troops against the Islamic State. Gen. Martin Dempsey said he would recommend ground troops to Preside...

Three-year pact aims to promote bilateral trade, strengthen financial cooperation between China, Sri Lanka

China is already the world’s largest net importer of crude oil, with the EIA likely to confirm the country’s status once year-end statistical data is collated and verified. As the Chinese use more energy per GDP unit...

Singapore Complex GRM in September quarter so far is the weakest in over four years. This should adversely affect RIL, Essar Oil, Mangalore Refinery

The Dow Industrials and Dow Utilities managed slight gains Monday while the selling was the heaviest in the Nasdaq and small-caps. The market internals were solidly negative with the declining stocks leading the decliner...

Lupin's role to develop drugs, while Merck's to sell in emerging markets is contrary to what investors may have expected

The acquirer of Mangalore Chemicals will have a tough task of modernizing the company

Abdallah El-Badri says he expects the Opec to lower its oil output target to 29.5 million bpd from 30 million bpd when it meets next in late Nov

The S&P 500 Index rose 0.2% in New York, while the Stoxx Europe 600 dropped 0.4%