Market News

It is a closed-end fund that will invest in overseas equity

Brent crude was down 41 cents to $78.90 a barrel, after settling 10 cents lower

A New Jersey doctor has admitted he accepted $16,500 in bribes from a local medical testing company. But Dr. Anthony DeLuca is just one of 32 people connected to a bribery scheme that earned Biodiagnostic Laboratory Serv...

The best performing sector as of midday Tuesday is the Healthcare sector, up 1.4%. Within that group, Actavis (NYSE: ACT) and Medtronic (NYSE: MDT) are two of the day's stand-outs, showing a gain of 7.0% and 3.9%, respec...

On 15 October, the US Treasury market saw the biggest jump in volatility in a quarter century leaving investors worrying there will be turbulence ahead

When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,540 13F filings for the 09/30/2014 reporting period, and noticed that American Airlines Group Inc...

A lack of standardized agreements between brokerages and clients has reduced the utility of a KYC registration agency

Keurig's distribution deals with some of the major coffee and retail brands during the third and fourth quarter, coupled with new product launches, helped the company to strengthen its dominance in the industry. In Augus...

Few first-time activist trades have gone as well, and drawn as many big names in as Altai's bet on a turnaround at SunEdison.

Lowe?s? top line expanded by 4.2% in the first half of this fiscal year ending January 2015, and the company needs around 5% growth in the second half to meet its full-year target. Given the solid growth in consumer spen...

Salesforce expects revenues to range between $1.365 billion ? $1.37 billion in Q3FY15, an increase of 27% year on year. We expect the company to surpass this top line range, driven by rising demand for software-as-a-serv...

Hopes of rally in equities, investment-friendly reforms, RBI rate cut boost investments via participatory notes

Although the market reaction to the deal was decidedly mixed, we see a transaction as being positive for shareholders of both companies. Although Halliburton may not see a short term upside from the deal, it should gain ...

Suncor Energy's Board of Directors has approved a quarterly dividend of $0.28 per share on its common shares, payable December 24, 2014 to shareholders of record at the close of business on December 3, 2014.

SBI could see notional gains of close to Rs2,000 crore from the recent rally, followed by Punjab National Bank and Canara Bank

The bonds, issued by the bank's Dubai International Finance Centre branch, were priced at 170 bps above the five year US treasury yield, or 3.25%

The Guggenheim S&P Global Water Index ETF (CGW) is seeing unusually high volume in afternoon trading Tuesday, with over 248,000 shares traded versus three month average volume of about 51,000.  Shares of CGW were up abo...

In trading on Tuesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 6.3% on the day.  Components of that ETF showing particular strength include shares of Teranga Gold (TGZ.CA), up about 17.9%...

The sun is shining on marijuana businesses around the United States as more states continue to legalize medical and recreational use of cannabis, creating a lucrative market. But until recently, most businesses have been...

Europe's olive harvest was hit hard this year by bad weather and blight, which will likely lead to consumers spending more for some olive oils, according to the Associated Press. The so-called European olive oil crisis c...

U.S. stocks opened higher on Tuesday, with the S&P 500 hitting an intraday record, after wholesale costs in the U.S. unexpectedly rose last month. Wall Street also weighed separate news that Japanese Prime Minister Shinz...

In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 3.1%.  Leading the group were shares of McEwen Mining (MUX), up about 15.7% and shares of Allied Nevada Gold (ANV) up about 11....