Market News

The IG Markets strategist says reforms introduced by the government should perk up investor interest that had recently begun to flag

Despite the weak top line performance, due to extreme currency volatility, P&G has managed to expand its margins on a year-on-year basis through prudent reductions in manufacturing and non-manufacturing overhead expenses...

When the company releases its third quarter results, we expect its wireless business to continue to show strong growth on account of an expanding subscriber base and an improving 3G-4G mix. However, it is likely to be im...

David Boyer has challenged South Portland Police Chief Edward Googins to a "hit for shot" duel in a public park. For every shot of alcohol Googins takes, Boyer would take a toke of marijuana, and the crowd would decide w...

(Reuters) - Caterpillar Inc (CAT.N) shares jumped more than 5 percent on Thursday after it reported a stronger-than-expected quarterly profit and raised its 2014 outlook, citing strong demand from the North American ener...

The best performing sector as of midday Thursday is the Energy sector, higher by 3.1%. Within the sector, EQT (NYSE: EQT) and Diamond Offshore Drilling, Inc. (NYSE: DO) are two large stocks leading the way, showing a gai...

The worst performing sector as of midday Thursday is the Utilities sector, higher by 0.7%. Within that group, Edison International (NYSE: EIX) and FirstEnergy (NYSE: FE) are two large stocks that are lagging, showing a l...

The lock-up on major shareholders selling down their stakes expired earlier this month

Revenue increased 7% year-on-year, to reach $3.02 billion, driven by volume growth across all commodities except for coal, which continues to suffer due to the weak export coal environment for the U.S. Norfolk Southern's...

With limited space and a vast Supercenter network, Wal-Mart is nearing saturation in the country and is even facing issues of self-cannibalization. Moreover, foot traffic in Supercenters has been declining consistently a...

The primary reason for growth in search ads revenue was the growth in the price per click. Additionally, sale of Yahoo's 140 million shares in Alibaba boosted its cash position by $7 billion to $12 billion. The highlight...

The wireline business reported a marginal slump in total operating revenues, although consumer revenues grew by 4.5% y-o-y on strong FiOS subscriber adds. Net income grew by over 65% to $3.7 billion in the quarter, refle...

Visa (V) declared a quarterly dividend in the aggregate amount of $0.48 per share of class A common stock, determined in the case of class B and class C common stock on an as-converted basis, payable on December 2, 2014,...

The WisdomTree Dividend ex-Financials Fund ETF (DTN) is seeing unusually high volume in afternoon trading Thursday, with over 164,000 shares traded versus three month average volume of about 41,000.  Shares of DTN were ...

In trading on Thursday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 3.5% on the day.  Components of that ETF showing particular strength include shares of Sangamo Biosciences (SGMO), up about 9....

In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1.4%.  Helping drag down the group were shares of Tanzanian Royalty Exploration Company (TRX), down about 6.7% and shares o...

In trading on Thursday, auto dealerships shares were relative leaders, up on the day by about 4.2%.  Leading the group were shares of Group 1 Automotive (GPI), up about 13.5% and shares of Carmax (KMX) up about 7.7% on ...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Stericycle (SRCL) is now the #57 analyst pick, moving up by 1 spot.         This rank is f...

Looking back to 140 days ago, Novavax, Inc. (NASD: NVAX) priced a 25,000,000 share secondary stock offering at $4.00 per share. Buyers in that offering made a considerable investment into the company, expecting that thei...

The US stock market sagged in afternoon trading with only the Dow Utilities bucking the trend. This, of course, is the least favorite sector according to the latest big money poll from Barron's. Market internals were 2-1...

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Financials AlphaDEX Fund (FXO), where 16,250,000 units were destroyed...

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Materials AlphaDEX Fund (FXZ), which added 4,800,000 units, or a 21.9% incre...