Market News

The IPO got bids for 1,60,79,700 shares against 1,60,00,000 shares on offer, resulting in a subscription of 1.22 times

Shares in Baidu, the world’s top Chinese-language Internet search provider, dropped by as much as 6% in U.S. aftermarket trading after the company’s latest financial report disappointed investors.

Treasury Secretary Jacob Lew said the Obama administration isn't contemplating a federal bailout for Puerto Rico as the island territory faces a cash crunch.

U.S. stocks rallied Tuesday, with the Dow Jones Industrial Average leaping nearly 200 points, shaking off global concerns after China's stock market suffered its greatest single-day loss since 2007 a day earlier. All 10 ...

NantKwest Inc. shares closed their first day of trading Tuesday at $34.64, nearly 39% above their offering price.

Wall Street firms have found a new way to profit from consumers with blemished credit who can't qualify for a mortgage: let them rent a home first with the option to buy it later.

Earnings season continues in full force this week as nearly one-third of the Standard & Poor's 500, or about 160 companies, are due to report results, including social media giants Facebook Inc., Twitter Inc. and LinkedI...

Pfizer's strong results were undermined by currency effects--which also raise pressure to do a deal.

A tight market is pushing rents higher, but new supply is on the way.

In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, higher by 0.4%. Within that group, AES Corp. (NYSE: AES) and Entergy Corp. (NYSE: ETR) are two of the day's laggards, showing a loss of 1...

Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are outperforming other sectors, higher by 3.5%. Within that group, Southwestern Energy Company (NYSE: SWN) and Chesapeake Energy Corp. ...

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...

The fall in commodity prices has crimped revenues, eroded asset values and the market cap of producers. Nobody knows if the worst is over

The PowerShares Dynamic Semiconductors Portfolio ETF (PSI) is seeing unusually high volume in afternoon trading Tuesday, with over 216,000 shares traded versus three month average volume of about 33,000. Shares of PSI we...

In trading on Tuesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 4.4% on the day. Components of that ETF showing particular strength include shares of Halcon Resource...

In trading on Tuesday, computers shares were relative laggards, down on the day by about 0.2%. Helping drag down the group were shares of Radware (RDWR), down about 10.3% and shares of Neonode (NEON) off about 7.1% on th...

In trading on Tuesday, non-precious metals & non-metallic mining shares were relative leaders, up on the day by about 4.8%. Leading the group were shares of Cliffs Natural Resources (CLF), up about 24.6%.

Twitter's interim CEO, Jack Dorsey, is shaking up Wall Street customs. The co-founder of Twitter will present his company's second-quarter earnings report not only on the traditional conference call, but also through the...

Pandora Media's shares increased almost 10% in after-hours trading, after it surprisingly trumped analysts estimates on Q2 2015 revenues and adjusted earnings. The company?s net revenues grew 30% year over year to $285.6...

The company started fiscal 2015 with a strong Q1 2015, with both revenue and EPS figures ahead of analysts? expectations. For Q2 2015, Broadcom expects its operating performance to continue strengthening on tight operati...

With a new turnaround plan for the company's business, positive guidance for the third quarter, improvement in the Asian markets, and above-expectation performance in the second quarter, the company managed to sustain th...

UBS followed up its best post-recession performance in Q1 2015 with another strong showing in Q2 on the back of its cornerstone wealth management business. While revenues swelled 9% year-on-year, a negligible increase i...