Market News

Morgan Stanley has agreed to sell the Global Oil Merchanting unit of its commodities division to Castleton Commodities International.

Nasdaq OMX Group is testing a new use of the technology that underpins the digital currency bitcoin, in a bid to transform the trading of shares in private companies.

Foreign ownership of top U.K. companies could face tougher hurdles now that Britain's Conservative Party last week won an outright majority after five years in a coalition government.

Yale University announced a $150 million gift from Blackstone Group LP co-founder, Chairman and Chief Executive Stephen A. Schwarzman to establish a new center for cultural programming and student life.

U.S. stocks closed lower Monday, with the Dow Jones Industrial Average briefly dropping 100 points in afternoon trading, as investors tried to shake off fears of Greece's ongoing debt crisis. Monday's losses were tied to...

Despite a weak Q4 2014, AMD's 2014 revenue grew (by 4% annually) for the first time since 2011, and the company delivered its first full year of non-GAAP profitability in three years. However, weaker-than-expected PC sal...

A federal judge said Nomura Holdings Inc. wasn't truthful in a sale to Fannie Mae and Freddie Mac, in a suit by the Federal Housing Finance Agency.

Ahead of the Tape: Now that a drop in corporate revenue for the first quarter looks all but assured, there is reason to worry about the bottom line for the rest of the year.

As growth slows in Asia, bond investors have become more demanding, seeking higher interest rates and better terms for the debt.

In afternoon trading on Monday, Consumer Products stocks are the best performing sector, up 0.3%. Within the sector, Monster Beverage Corp (NASD: MNST) and Harman International Industries, Inc. (NYSE: HAR) are two of the...

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.

The worst performing sector as of midday Monday is the Energy sector, showing a 2.0% loss. Within that group, Noble Energy, Inc. (NYSE: NBL) and QEP Resources Inc (NYSE: QEP) are two large stocks that are lagging, showin...

Shares of Etsy Inc. (NASDAQ:ETSY) tumbled 10 percent Monday after analysts downgraded shares of the online crafts marketplace, warning that the company is facing a problem with counterfeit goods offered on its network.

Vulcan Materials Company (VMC) declared a quarterly cash dividend of ten cents per share on its common stock. The dividend will be payable on June 10, 2015, to shareholders of record at the close of business on May 26, 2...

The Steel ETF (SLX) is seeing unusually high volume in afternoon trading Monday, with over 126,000 shares traded versus three month average volume of about 29,000. Shares of SLX were up about 0.9% on the day.

In trading on Monday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Keryx Biopharmaceuticals (KERX), up about 10....

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 1.5%. Helping drag down the group were shares of Contango Oil & Gas (MCF), down about 11.2% and shares of W...

In trading on Monday, music & electronics stores shares were relative leaders, up on the day by about 2%. Leading the group were shares of Conns (CONN), up about 9.2% and shares of Voxx International (VOXX) up about 2.8%...

Deals and financing are putting off a shakeout in the U.S. oil sector.

Frank DiPascali, known for his role in Bernard L. Madoff's Ponzi scheme and his testimony against other employees in the criminal trial that followed, died on Thursday from lung cancer.

Tempur Sealy International on Monday unveiled a settlement with hedge fund H Partners that will revamp the mattress company's board of directors and lead to change atop the Lexington, Ky-based company.

Consumer electronics behemoth Samsung Electronics published a lackluster set of Q1 2015 numbers late last month, as quarterly revenues fell by 12% year-over-year to about $43 billion, while operating profits fell 30% to ...