Market News

Sotheby's sold two newly discovered masterpieces in just one auction yesterday, resulting in massive profits for their owners.

After an IPO double, Shake Shack CEO Randy Garutti thinks investors will be patient with Shake Shack's growth plan.

U.S. stocks dropped Friday, with the Dow Jones Industrial Average falling, at one point, more than 100 points. The decline followed a report that the U.S. economy grew slower than expected last quarter. Also, global fear...

Looking at the sectors faring worst as of midday Friday, shares of Consumer Products companies are underperforming other sectors, showing a 1.1% loss. Within the sector, PACCAR (NASD: PCAR) and Coach (NYSE: COH) are two ...

Looking at the sectors faring best as of midday Friday, shares of Energy companies are outperforming other sectors, higher by 1.9%. Within that group, Cameron International (NYSE: CAM) and Denbury Resources (NYSE: DNR) a...

Following a year of being ranked seventh in the league of world payment currencies according to just published data from SWIFT, the Brussels-headquartered member-owned organisation providing the communications platform a...

JetBlue's fourth quarter revenue rose by 6% per year to $1.4 billion on gains from rapid capacity expansion. Meanwhile, lower oil prices complemented this top line growth to lift the carrier's fourth quarter profit to $8...

The company's operational sales from continuing operations increased 10.2% over the prior year quarter to $5.4 billion. Abbott's branded generic drug business in developed markets is in the process of being acquired by M...

Keurig Cold will provide its users the convenience of at-home carbonation technology and the ease of carrying compact flavor sachets, rather than the bulky PET bottles from retail stores. Keurig Green Mountain plans on l...

The average Brent crude oil spot price declined by more than 30% year-on-year during the fourth quarter. This is expected to result in thinner operating margins on BP's spot crude oil sales. In addition, the company's co...

We think FB's monetization will continue to rise rapidly in the coming quarters, driven by surge in mobile monetization, better and more targeted ad products, as well as increase in the number of marketers on the platfor...

(Reuters) - Eurozone consumer prices fell at a record-equaling pace in January, more steeply than expected and supporting the backers of the European Central Bank's money-printing plan to combat sustained deflation. The ...

U.S. gross domestic product, the broadest measure of goods and services produced across the economy, grew 2.6 percent in the fourth quarter of 2014, down from 5 percent in the previous quarter, according to the Commerce ...

In late morning trading on Thursday, the bears were out in force as I received an urgent email to sign up for a "Crash Alert" by the end of the day. The major averages once again held the key monthly support as they had ...

Shares of Shake Shack, a restaurant chain known for its burgers and crinkle-cut fries, opened at $47.21 in their market debut, 125% above their IPO price.

Here is how taxpayers can navigate the maze of offerings and avoid unnecessary charges.

Simon declared a quarterly common stock dividend of $1.40 per share. This is an increase of $0.10 from the previous quarter, and a year-over-year increase of 12%. The dividend will be payable on February 27, 2015 to stoc...

The iShares Dow Jones U.S. ETF (IYY) is seeing unusually high volume in afternoon trading Friday, with over 49,000 shares traded versus three month average volume of about 43,000.  Shares of IYY were off about 0.8% on t...

Despite an expected dip in profit, analysts are generally optimistic about Pitney Bowes as it prepares to reports its fourth-quarter earnings on Monday, February 2, 2015. The consensus earnings per share estimate is 51 c...

Analysts expect decreased profit for SYSCO when the company reports its second quarter results on Monday, February 2, 2015. Although SYSCO reported profit of 47 cents a year ago, the consensus estimate calls for earnings...

Leading up to Anadarko Petroleum's announcement of its fourth-quarter earnings on Monday, February 2, 2015 analysts have become more wary as expectations have fallen over the past month to earnings of 82 cents per share ...

Wall Street is high on Avery Dennison, expecting it to report earnings that are up 16% from a year ago when it reports its fourth-quarter earnings on Monday, February 2, 2015. The consensus estimate is 80 cents per share...