Market News

Saudi Arabia, Kuwait play down possibility of Opec output cut

Tax rules that make it unattractive to sell a security in less than three years and concerns about levies to be paid by builders may prolong the wait for REITs

Argentine developer Eduardo Costanitini is behind two mega-projects in Miami, Oceana in Key Biscayne and Bal Harbour. The developer doesn't see a real estate bubble, and is confident they'll be able to sell a $30 million...

Photos of the 400 Richest Americans

To justify $19/share, BOBE must grow its profits by 16% compounded annually for the next 8 years. This expectation seems awfully optimistic for a restaurant chain with steadily declining sales.

At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13F filings for the 09/30/2014 reporting period, and noticed that Qualcomm, Inc. (NASD: QCOM) was held by 18 of these funds. When hedge fund ma...

Despite how it may feel listening to the many fears voiced from the media on a daily basis, widespread pessimism should embolden investors. Skepticism has historically been fuel for a bull market.

The worst performing sector as of midday Tuesday is the Healthcare sector, up 0.4%. Within that group, Gilead Sciences, Inc. (NASD: GILD) and Regeneron Pharmaceuticals, Inc. (NASD: REGN) are two large stocks that are lag...

In afternoon trading on Tuesday, Industrial stocks are the best performing sector, up 2.0%. Within that group, Delta Air Lines (NYSE: DAL) and Textron (NYSE: TXT) are two of the day's stand-outs, showing a gain of 5.7% a...

On the back of strong results in the previous two quarters, the company raised its revenue guidance for 2014 to $130 billion from a previous forecast of $128 billion. We expect UnitedHealth to continue on its growth traj...

We expect the company's earnings to rise on a sequential as well as a year-over-year basis, driven by stronger unconventional activity and possibly higher completions activity in the U.S. Gulf of Mexico. During Q2, quart...

SanDisk expects a higher proportion of wafer sales in the latter half of the year because of three main factors. First, sales of its X3 chips are seasonally higher in the latter half of the year. Secondly, Fusion-io will...

We expect to see low to mid single digit growth in revenues for its third quarter driven by strong growth in its Automation & Control Solutions and Performance Materials & Technologies divisions. The Aerospace segment ma...

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...

Carnival Corporation (CCL) has announced that it has declared a dividend of $0.25 per share. The company's board of directors approved a record date for the quarterly dividend of November 21, 2014, and a payment date of ...

The iShares Global Energy ETF (IXC) is seeing unusually high volume in afternoon trading Tuesday, with over 944,000 shares traded versus three month average volume of about 137,000.  Shares of IXC were up about 0.3% on ...

In trading on Tuesday, the iShares Transportation Average ETF (IYT) is outperforming other ETFs, up about 3.1% on the day.  Components of that ETF showing particular strength include shares of Jetblue Airways (JBLU), up...

In trading on Tuesday, diagnostics shares were relative laggards, down on the day by about 0.3%.  Helping drag down the group were shares of Acasti Pharma (ACST), down about 21.4% and shares of Sharps Compliance (SMED) ...

In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.7%.  Leading the group were shares of Cavco Industries (CVCO), up about 7.1% and shares of Taylor Morrison Hom...

In some respects, Riverbed's been for sale for a year. But the company improved prospects last week.

Bajaj Auto's net sales and margin revival in the September quarter owe a lot to the three-wheeler numbers

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Nielsen (NLSN) is now the #125 analyst pick, moving up by 1 spot.         This rank is for...