Market News

(Reuters) - Royal Bank of Scotland Plc's securities unit will now exit its U.S. mortgage trading business after originally planning to shrink it by two-thirds. Exiting mortgage backed-security, commercial real estate and...

Halliburton announced that it is buying Baker Hughes, which would create a drilling and oil and gas well services giant worth about $67 billion.

In afternoon trading on Friday, Energy stocks are the best performing sector, up 1.1%. Within the sector, Noble Energy (NYSE: NBL) and Cabot Oil & Gas (NYSE: COG) are two large stocks leading the way, showing a gain of 3...

The forty-sixth trading week of 2014 comes to a close with the S&P 500 and Dow Jones slightly lower, and the NASDAQ composite higher in early-afternoon trading on Friday.

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 dollars to ...

Kimberly-Clark Corporation (KMB) has declared a regular quarterly dividend of $0.84 per share. The dividend is payable on Jan. 5, 2015, to stockholders of record on Dec. 5, 2014. Kimberly-Clark has increased its dividend...

What companies stand to gain most if the Keystone XL Pipeline is approved?

All the three railroads - Norfolk Southern, CSX and Union Pacific - continued to flourish on growing shipment volumes of almost all commodities, except for coal, and rising demand for intermodal services, which were driv...

Owing to persistent weakness in its namesake brand, along with an industry-wide fall in foot traffic, Urban Outfitters' comparable sales remained flat during the first two quarters of fiscal 2015. In a business update la...

The U.K.-based banking group, which is majority-owned by the British government, had initially hoped to trim this business to one-third its size over the next two years, but it will now exit its mortgage backed-security,...

The oilfield services industry had a very eventful week, with news that Halliburton was in talks to buy Baker Hughes, in what could be one of largest mergers in the recent history of the industry. Earlier this week, offs...

Bad loan management has meant that SBI hasn't let things spiral out of control in the face of a prolonged slowdown

The Retail ETF (RTH) is seeing unusually high volume in afternoon trading Friday, with over 78,000 shares traded versus three month average volume of about 30,000.  Shares of RTH were up about 0.1% on the day.

In trading on Friday, biotechnology shares were relative laggards, down on the day by about 1.5%.  Helping drag down the group were shares of Retrophin (RTRX), off about 12.5% and shares of Puma Biotechnology (PBYI) dow...

In trading on Friday, precious metals shares were relative leaders, up on the day by about 4.3%.  Leading the group were shares of Silvercorp Metals (SVM), up about 15.5% and shares of IAMGOLD (IAG) up about 12.6% on th...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Ryder System (R) is now the #83 analyst pick, moving up by 1 spot.         This rank is fo...

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Coca-Cola (KO) is the #21 analyst pick.  Within the broader S&P 500, when c...

After raising nearly $306 million for its initial public offering Thursday, Virgin America, which is trading on the Nasdaq under the symbol VA, shot up more than $5 a share Friday. After opening at $23 a share, the airli...

At Holdings Channel, we have reviewed the latest batch of the 90 most recent 13F filings for the 09/30/2014 reporting period, and noticed that General Motors Co. (NYSE: GM) was held by 22 of these funds. When hedge fund ...

One hour into the Singles Day sale, Jack Ma’s Alibaba had already sold $2 billion worth of merchandise. By the end of the 24-hour promotion, the Chinese retailer had exceeded expectations by generating more than $9 bil...

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund (XLF), where 9,600,000 units were destroyed, or...

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF (SPY), which added 27,850,000 units, or a 2.9% increase week over week....