Market News

Net profit at China-based computer and mobile phone maker Lenovo fell by a less-than-expected 5% to $253 million in the three months to December in connection with its acquisitions of IBM’s System x and Motorola last y...

Zhou Guohui, chairman of logistics services company Eternal Asia Supply Chain Management, has joined the ranks of the world’s billionaires after its Shenzhen shares more than doubled in the past 12 months amid brisk i...

The prolonged low-interest rate environment has put pressure on the bank's top line figure for several quarters now, and the situation is not expected to improve over 2015 with State Street likely to report lower net int...

The worst performing sector as of midday Tuesday is the Healthcare sector, up 0.1%. Within that group, Vertex Pharmaceuticals (NASD: VRTX) and Endo International (NASD: ENDP) are two large stocks that are lagging, showin...

Tensions between Greece and the eurozone continue to escalate, even as the country's new anti-austerity government modified a plan to write off its debt, which amounts to roughly $356 billion, or about 175 percent of its...

It is hard to find fundamental evidence that European stock will appreciate long term despite recent ECB action and buy recommendations by Street analysts.

Oriel Securities reckoned the activist invetsor was using debt to fund his stake-building

If your losses exceed gains, you can use the excess to reduce your ordinary income up to $3,000 per year

Rising programming costs could continue to put pressure on the cable networks. Fox has been investing in new shows and adding sports programming at Star Sports and Fox Sports 1. The new programming is adding to the costs...

Although Pandora no longer provides monthly updates for its operating metrics, we expect that steady rise in its revenues and market share continued into the fourth quarter. However, the company's user additions and grow...

During the fourth quarter, Dow's global operating rate stood at 86%, up 400 basis points from the year-ago quarter. This was the key factor that drove the net improvement of around 220 basis points in its consolidated ad...

Despite the fact that the U.S. economy appears to be on solid ground, the equity markets appear confused and uncertain, and have been volatile with huge intraday swings. Let's look at the sources of the uncertainty a...

Twitter's management had guided revenue growth to be around 85% in Q4, which represented deceleration against 124% and 114% levels seen during the prior two quarters. We believe the company should be able to easily beat ...

It might come as a surprise, given their tempestuous relationship during the 2014 Formula one season, but Nico Rosberg says he can't think of a better teammate than drivers' champion Lewis Hamilton.

United Technologies (UTX) declared an 8.5 percent increase in its first quarter dividend to 64 cents per common share. The dividend will be payable March 10 to shareowners of record at the close of business Feb. 13. The ...

President Obama's proposed 2016 budget includes a windfall for Wall Street watchdogs. The White House requested $1.7 billion for the U.S. Securities and Exchange Commission (SEC), an increase of 15 percent, and the U.S. ...

Foxconn Technology Group, a key supplier for Apple Inc. and other major U.S. tech companies, overworks its employees and violates the country's overtime laws, according to a major Chinese labor union. The All-China Feder...

The PowerShares Dynamic Large Cap Value Portfolio ETF (PWV) is seeing unusually high volume in afternoon trading Tuesday, with over 3.0 million shares traded versus three month average volume of about 128,000.  Shares o...

In trading on Tuesday, the iShares MSCI USA Value Factor ETF (VLUE) is outperforming other ETFs, up about 2.9% on the day.  Components of that ETF showing particular strength include shares of Whiting Petroleum (WLL), u...

In trading on Tuesday, drugs shares were relative laggards, down on the day by about 2.5%.  Helping drag down the group were shares of Onconova Therapeutics (ONTX), off about 34.7% and shares of Ardelyx (ARDX) off about...

In trading on Tuesday, oil & gas exploration & production shares were relative leaders, up on the day by about 4.7%.  Leading the group were shares of Resolute Energy (REN), up about 23.8% and shares of Penn West Petrol...

David Steinberg: I'm a value investor. So we have to find things that are extremely undervalued or out of favor. One of the couple of groups that I'm invested in right now is gold miners. They are at historic discounts t...