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.

In afternoon trading on Wednesday, Materials stocks are the worst performing sector, showing a 2.2% loss. Within the sector, Freeport-McMoran Copper & Gold (NYSE: FCX) and Allegheny Technologies (NYSE: ATI) are two of th...

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...

Shares in the emerging markets-focused lender dropped nearly 5pc as the wider market slumped

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...

Copper leads decline in metal prices, crude continues slump; BSE Metal Index at lowest level since 7 May

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

Relative to fundamentals, home prices nationally looked 2% undervalued in the fourth quarter of 2014. Home prices in 70 of the 100 largest metros are less than 10% over- or undervalued. That’s the highest number of mar...

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...

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...

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...

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%...

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...