Market News

The euro hit a nine-year low against the U.S. dollar on Tuesday on investor fears that the European Central Bank will announce an aggressive stimulus plan next week in an effort to jump-start the lagging eurozone economy...

Wednesday was the best day for BlackBerry since December 23, 2003 and the third best one day gain since the company went public in 1999.

Looking at the sectors faring best as of midday Wednesday, shares of Utilities companies are outperforming other sectors, not showing much of a loss. Within that group, FirstEnergy (NYSE: FE) and PG&E (NYSE: PCG) are two...

U.S. stocks dropped Wednesday, with the Dow Jones Industrial Average tumbling more than 200 points, after crude oil inventories surged to an 80-year high. The global markets were also weighed down on an earnings miss fro...

U.S. equities are seeing red in midday trading Wednesday, with the Dow down triple digits and the S&P dipping under 2,000 points for the first time in 2015 on the confluence of disappointing December retail sales, a lowe...

It has barely been a few weeks into the new trading year and the Brent front month oil futures contract is already down by over 11% on its opening level for 2 January. Together with the WTI and OPEC basket of crude oil, ...

At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 12/31/2014 reporting period, and noticed that Pfizer Inc (NYSE: PFE) was held by 10 of these funds. When hedge fund manager...

L Brands recently reported 5% growth in its December revenues to $2.20 billion. The company's comparable store sales improved 4% during the month, while analysts had expected the growth to be around 3.5%. Overall, the re...

Symantec has indicated that it hopes to utilize Narus for big data analytics to prevent, detect and remediate cyberattacks. Symantec's massive global threat intelligence network collects information from millions of Nort...

Unlike Coca-Cola and PepsiCo, Dr. Pepper doesn't posses as much control over shipments to ensure optimum store and shelf placement, somewhat hampering its reach and availability. As most of the beverage purchases are imp...

While Qualcomm believes that the QTL revenue growth many be muted to some extent in fiscal 2015, it claims that the growth in global 3G/4G device demand remains strong, which along with new emerging opportunities is expe...

Kotak Mahindra Bank, Morgan Stanley are likely to be appointed as lead bankers for the IPO

Investors are paying some to keep their money for years, turning the debt world on its head and underscoring the deepening gloom over global growth.

Investigations into attempted manipulation of the vast currencies markets have uncovered new signs of potential wrongdoing, sparking a fresh round of firings by Wall Street banks and snaring new financial institutions.

After just two days of stock market trading, it looks as though this will be another volatile week to start off the New Year. Though most of the major averages did close the day lower, they did settle above the worst lev...

Trying to outguess the market can make a fool of anyone. Instead of trying to move in and out of the market, a better strategy is to buy quality stocks that you can ideally hold for the longer term. With that in mind, we...

Housing and real estate stocks are starting to show some nice relative strength. Don’t take my word for it, the market is telling you. A quick look at the “new high list” will show you the sector with the highest p...

Shaw Communications (SJR) approved an 8% increase in the equivalent annual dividend rate to $1.185 on Shaw's Class B Non-Voting Participating Shares. The new rates are effective with the monthly dividend paid on March 30...

The Copper Miners ETF (COPX) is seeing unusually high volume in afternoon trading Wednesday, with over 119,000 shares traded versus three month average volume of about 31,000.  Shares of COPX were off about 8.6% on the ...

In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 0.9% on the day.  Components of that ETF showing particular strength include shares of Ziopharm Oncology (ZIOP), up about 55%...

Proxy advisory firm Institutional Shareholder Service (ISS) continues to recommend that shareholders vote in favor of Dollar Tree's proposed $8.5 billion takeover of discount retail competitor Family Dollar Stores.

In trading on Wednesday, metals & mining shares were relative laggards, down on the day by about 3.7%.  Helping drag down the group were shares of Uranium Energy (UEC), down about 10.7% and shares of Teck Resources (TCK...