Market News

Saudi Arabia slashes oil prices for US customers; dollar index near four-year peaks

(Reuters) - A former top banker who headed global wealth management at UBS AG (UBSN.VX) (UBS.N) was found not guilty on Monday on U.S. charges of conspiring with wealthy Americans to hide $20 billion in secret offshore a...

The worst performing sector as of midday Tuesday is the Energy sector, showing a 2.1% loss. Within the sector, Denbury Resources (NYSE: DNR) and Noble Corp (NYSE: NE) are two large stocks that are lagging, showing a loss...

We believe spinning off the storage management business could re-accelerate sales growth for its core security software business, and expect to hear more on this development during the earnings conference call on Novembe...

While we expect the company's quarterly earnings to improve on a sequential basis, aided by better revenue recognition on its 550 megawatt Desert Sunlight Project which faced some delays during Q2, we will be watching th...

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 two noteworthy recent insider buys.

Tesla is now targeting gross margins of 28% by Q4 2014. Company management cited economies of scale arising from increased production and increased efficiency in production as the reasons behind the revised expectation i...

The ratings at Turner networks continued to decline and TNT was down 11% in viewership for the third quarter. Softer ratings may well weigh over the company's quarterly earnings. The company recently announced the standa...

Despite continued retail losses, net subscriber additions on the Sprint platform were 590,000 for the fiscal second quarter, primarily aided by net addition of 827,000 wholesale subscribers, which were boosted by increas...

Market regulator has issued 10 separate orders against non-payment of dues worth over Rs4.25 crore

Recently, I keep hearing versions of the same question from investors: “Should I stay in foreign stocks?” They’re reviewing their statements and noting the following: As of October 31, year to date the S&P 500 has ...

International Game Technology reports its fourth-quarter earnings on Thursday, November 6, 2014, and the consensus earnings per share estimate is 30 cents per share.For the fiscal year, analysts are expecting earnings of...

Wall Street is high on Advance Auto Parts, expecting it to report earnings that are up 26% from a year ago when it reports its third-quarter earnings on Thursday, November 6, 2014. The consensus estimate is $1.87 per sha...

Amarin Corporation (ADR) is expected to book a narrower loss than a year ago when it reports third-quarter earnings on Thursday, November 6, 2014. Analysts are expecting a loss of 13 cents per share, up from a loss of 28...

Analysts have become increasingly bullish on Transocean in the month leading up to the company's third-quarter earnings announcement scheduled for Thursday, November 6, 2014. The consensus earnings per share estimate has...

Molson Coors Brewing reports its third-quarter earnings on Thursday, November 6, 2014, and the consensus earnings per share estimate is $1.50 per share.Over the past three months, the consensus estimate has sagged from $...

Analysts expect higher profit for Orbitz Worldwide when the company reports its third quarter results on Thursday, November 6, 2014. The consensus estimate is calling for profit of 14 cents a share, reflecting a rise fro...

Wall Street is expecting higher profit for Wendy's when the company reports its third quarter results on Thursday, November 6, 2014. The consensus estimate is calling for profit of nine cents a share, a rise from eight c...

Wall Street is expecting higher profit for NVIDIA when the company reports its third quarter results on Thursday, November 6, 2014. The consensus estimate is calling for profit of 29 cents a share, a rise from 20 cents p...

Analysts expect higher profit for Monster Beverage when the company reports its third quarter results on Thursday, November 6, 2014. The consensus estimate is calling for profit of 68 cents a share, reflecting a rise fr...

Despite an expected dip in profit, analysts are generally optimistic about Perrigo as it prepares to reports its first-quarter earnings on Thursday, November 6, 2014. The consensus earnings per share estimate is $1.45 p...

Leading up to First Solar's announcement of its third-quarter earnings on Thursday, November 6, 2014 analysts have become more wary as expectations have fallen over the past month to earnings of 64 cents per share from e...