Market News

Best Buy's return on equity, which is a widely used indicator of a company's profitability, stood at a negative 8% at the end of 2011. While other similar companies went bankrupt, Best Buy took its online rivals head-on ...

Global security software giant Symantec Corp. is reportedly closing in on a deal to sell its information management business, Veritas, to private equity firm Carlyle Group. The sale could bring in $7-$8 billion for Syman...

A huge, activist-supported cost-cutting program won't solve all of Qualcomm's challenges

Shares of Amazon.com Inc. (NASDAQ:AMZN) soared 18 percent in extended-hours trading Thursday after the e-commerce giant posted a surprise quarterly profit. Sales soared 20 percent from a year ago, driven by strength in N...

Cha-ching: Visa beat estimates on both its top and bottom line during its fiscal third quarter, the credit card company said on Thursday.

U.S. authorities have intensified their scrutiny into a handful of major financial institutions' handling of potentially tainted funds connected to widespread allegations of corruption within soccer's governing body, FIF...

Starbucks reported third quarter 2015 results Thursday. Sales of $4.9 billion gave the coffee company a slight beat over Street forecasts on the top line and a 1 cent beat on the bottom line with 42 cents in adjusted p...

U.S. oil prices sank into a bear market Thursday as a global glut of crude shows little sign of abating.

The Asia-Pacific chief economist at IHS Economics and Country Risk Group on India's strong macroeconomic fundamentals, and how it compares favourably with other emerging markets

Boom in number of retail investors has made the country's equity market 'very difficult to supervise'

Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 1.7% loss. Within that group, Exelon Corp. (NYSE: EXC) and FirstEnergy Corp. (NYSE: FE...

The best performing sector as of midday Thursday is the Technology & Communications sector, up 0.9%. Within the sector, SanDisk Corp. (NASD: SNDK) and F5 Networks, Inc. (NASD: FFIV) are two large stocks leading the way, ...

Jitters about Biogen's current and future products may produce a rare buying opportunity in a hot sector.

he results go a long way in highlighting the strength of Morgan Stanley?s business model, which has a watered-down fixed income trading division ? in sharp contrast to those of other U.S.-based investment banks ? and whi...

On the wireless side, the company posted strong post paid subscriber growth (1.1 million net retail adds) and impressive churn figures (0.90%). However, growth in customer adds for the FiOS service ? which the carrier is...

Qualcomm's top line has grown at a CAGR of over 20% in the last five years. However, the rising competition (from HiSilicon, Intel, MediaTek, Marvell, Samsung and others), the exclusion of its application processor from ...

U.S. stocks traded lower Thursday, with the Dow Jones Industrial Average turning negative for 2015 after multiple blue-chip companies posted mixed earnings results and warned of currency headwinds due to a strong U.S. do...

Investors are excited about Bristol-Myers Squibb's pipeline, but high cancer-drug prices and insurance mergers are cause for concern.

The lowest jobless claims number in 42 years is leading to some major anxiety in the equity indices as rate hike fears take over good earnings in tech land overnight.

Drugmaker Shire had a volatile day after second quarter results fell short of market expectations.

Adani is seeking to raise its borrowing limits by authorizing board to borrow up to `35,000 crore and the power to undertake a QIP

With each passing quarter of unimpressive growth, more and more investors will get impatient, and Wipro's discount to its peers may only widen