Market News

With the rollout of its recreational marijuana law on Tuesday, Alaska is scheduled to join the short list of states whose residents can legally smoke pot for non-medical purposes. But that won't mean marijuana businesses...

Hewlett-Packard has joined a growing list of behemoth companies saying they have been hurt by the strong dollar.

Hewlett-Packard has joined a growing list of behemoth companies saying they have been hurt by the strong dollar.

In trading on Tuesday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 2% on the day.  Components of that ETF showing particular strength include shares of Trex (TREX), up about 5.3% a...

The iShares MSCI World ETF (URTH) is seeing unusually high volume in afternoon trading Tuesday, with over 249,000 shares traded versus three month average volume of about 27,000.  Shares of URTH were up about 0.5% on th...

The Home Depot (HD) declared a 26 percent increase in its quarterly dividend to $0.59 cents per share. The dividend is payable on March 26, 2015, to shareholders of record on the close of business on March 12, 2015. This...

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, DuPont (DD) is the #22 analyst pick.  Within the broader S&P 500, when comp...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Celgene Corp. (CELG) is now the #40 analyst pick, moving up by 1 spot.         This rank i...

The mobile telecoms group was a faller in a FTSE 100 that broke its 15-year old record high

Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, up 0.5%. Within that group, Exelon (NYSE: EXC) and NRG Energy (NYSE: NRG) are two large stocks leadi...

Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 0.6% loss. Within that group, Diamond Offshore Drilling (NYSE: DO) and ONEOK (NYSE: OKE) a...

As the market finally passes its previous high, Richard Evans examines whether its time to buy

As the market finally passes its previous high, Richard Evans examines whether its time to buy

Paychex's stock price has been increasing with solid momentum. In the past week, the stock hit new highs almost every day, gaining 2.4%. In the past 6 months, Paychex's stock grew 18%, whereas the NASDAQ composite grew 9...

The company has talked about how its direct to consumer business represents a big opportunity to bring a new customer to the brand. The U.S. based sportswear company is using the brand house as an opportunity to tell a b...

More often than not, the reason for this margin pressure has been reimbursement rates, combined with generic price inflation. In fact, "cost" and "margin" were the most frequently used words during the company's Q1'15 ea...

The oil rig count is down by roughly 31% since the beginning of this year and around 37% from its mid-October 2014 highs. The North American rig count has been a very closely watched figure in the oil markets over the la...

The segment's growth has slowed down significantly and the company is looking at ways to downsize this segment and focus more on growing pharmaceutical business. Strong pricing pressure and competition from lesser known ...

LPs see increased opportunities to invest in e-commerce and technology companies in the country

Intel seeks to expand its business in the automotive industry beyond infotainment. The company aims to become a solution partner for multiple functional areas of the connected vehicle, including telematics, advanced driv...

IEDCL will use the proceeds of the IPO to meet capital requirements and fund expansion as economic growth accelerates

The matter on upfront commission is likely to be discussed among Amfi members next month