Market News

SBI sells 3% stake in Cibil to IIFL India Alternatives and 1% to India Infoline Finance

Leading Customer Relationship Management software vendor Salesforce.com recently announced the addition of data science capabilities to its Service Cloud and Marketing Cloud. In the Service Cloud, the power of data sc...

In trading on Tuesday, defense shares were relative leaders, up on the day by about 0.5%.  Leading the group were shares of Astrotech (ASTC), up about 8.5% and shares of Orbital ATK (OA) up about 2.8% on the day.

When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,995 13F filings for the 12/31/2014 reporting period, and noticed that Mondelez International Inc ...

At Holdings Channel, we have reviewed 3,995 13F filings for the 12/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...

U.S. stocks closed sharply lower Tuesday, with the blue-chip Dow Jones Industrial Average plunging more than 300 points, erasing all of its gains for the year as a strong U.S. dollar and renewed weakness in oil prices we...

Dollar rallies to the highest against euro since April 2003 amid quantitative-easing program in the bloc

Treasury Secretary Jacob Lew said on Tuesday morning the U.S. economy looks like a "well oiled machine" when compared against foreign markets.

With lower oil prices in the current quarter, trade deficit is likely to fall, although export growth is tepid

Hedge funds aren't exactly known for moderation. Free from the regulatory burdens of banking, hedge funds have free rein to experiment with investors' money. In return for the big investments they demand, hedge funds pro...

In afternoon trading on Tuesday, Utilities stocks are the best performing sector, up 0.1%. Within the sector, FirstEnergy Corp. (NYSE: FE) and Ameren Corp. (NYSE: AEE) are two of the day's stand-outs, showing a gain of 1...

Looking at the sectors faring worst as of midday Tuesday, shares of Technology & Communications companies are underperforming other sectors, showing a 1.8% loss. Within that group, Seagate Technology plc (NASD: STX) and ...

Xilinx (XLNX) declared a quarterly cash dividend of $0.31 per outstanding share of common stock, an increase from the current dividend of $0.29 per share. The quarterly dividend increase will be effective in the June qua...

With the TCG consolidation, Revlon has diversified its product portfolio with the addition of professional cosmetics products. The robust growth from the Professional segment (derived from TCG) had masked the weakness in...

I reject Shambaugh's conclusion which I find astonishingly ill-informed. The pervasive sense of dramatic change is, I have found, combined in almost all Chinese minds with satisfaction and confidence that the change is u...

While U.S. Bancorp lends almost 90 cents for every dollar in deposits it has, the figure for JPMorgan is just 58 cents to the dollar. This is due to the fact that U.S. Bancorp has an extremely risk-averse business model ...

There are some fundamental problems that remain unaddressed on the Apple Watch. Firstly, based on the apps and use cases that Apple showed off during the event, the watch still seems to lack a so-called killer applicatio...

PNC Financial, the seventh-largest bank in the United States, has joined some of its biggest competitors in refusing to finance mountaintop-removal coal mining. With firms like JPMorgan Chase, Wells Fargo and Citigroup a...

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Pfizer (PFE) is the #9 analyst pick.  Pfizer also comes in above the median...

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Red Hat (RHT) is now the #33 analyst pick, moving up by 1 spot.         This rank is forme...

The Social Media Index ETF (SOCL) is seeing unusually high volume in afternoon trading Tuesday, with over 607,000 shares traded versus three month average volume of about 98,000.  Shares of SOCL were down about 1.5% on ...

In trading on Tuesday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 0.7% on the day.  Components of that ETF showing particular strength include shares of Eversource Energy (ES),...