Market News

Oversupply is only likely to get worse once sanctions on Iran are lifted, flooding the oil market

Stocks point lower in early action but a weekly gain for the major averages is still salvageable and adds to the tension facing interest rate decision-makers. The broader stock market may well track oil’s slippery path...

Update as of 4:28 a.m. EDT: Chinese markets finished trading Friday marginally ahead, with the Shanghai Composite Index adding 2.34 points to end up 0.073 percent while Hong Kong's Hang Seng Index was up 0.63 percent. As...

Bank of Montreal said it had agreed to acquire General Electric Capital's transportation-finance business in the U.S. and Canada.

U.S. stocks closed higher Friday, with the Dow Jones Industrial Average finishing up 100 points in the last half-hour of trading after fluctuating for most of the day. Following weeks of stock gyrations fueled by jitters...

Hedge-fund-like "alternative" mutual funds are often pitched as providing decent returns that aren't tied to the fate of stocks or bonds. But some of these funds have failed to deliver on one of those counts--or both--ov...

American Tower Corporation (AMT) has declared its quarterly cash distribution of $0.46 per share on shares of the Company's common stock. The distribution is payable on October 7, 2015 to such stockholders of record at t...

Volatility investment products were supposed to protect investors from market turbulence. In the recent week, they fell victim to their own volatility.

The worst performing sector as of midday Friday is the Energy sector, showing a 1.8% loss. Within that group, Murphy Oil Corp (NYSE: MUR) and Transocean Ltd. (NYSE: RIG) are two large stocks that are lagging, showing a l...

The former head of the New York Stock Exchange criticized the way modern markets prioritize speed over fairness in a rare interview to be broadcast on Sunday.

Tesla has dominated early iterations of the electric car, but its valuation assumes rivals won't gain ground.

The PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) is seeing unusually high volume in afternoon trading Friday, with over 890,000 shares traded versus three month average volume of about 126,000. Shares of SPHD w...

In trading on Friday, the iShares Cohen & Steers REIT ETF (ICF) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Douglas Emmett (DEI), up about 2...

Few companies can boast of being as resolute and strong as the iconic American heavyweight motorcycle maker Harley-Davidson . The Milwaukee-based manufacturer was one of the two motorcycle makers to survive the Great Dep...

The opening of the Chinese card clearing market follows a complaint the U.S. filed with the World Trade Organization in 2012. The U.S. argued that, per WTO rules, member countries of the organization should treat foreign...

Transocean - the world's largest offshore drilling contractor - which reported better-than-expected second quarter results last month, recently announced its plans to suspend the quarterly dividends for the remaining hal...

In trading on Friday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.3%. Helping drag down the group were shares of North Atlantic Drilling Limited (NADL), down about 12.1% a...

In trading on Friday, general contractors & builders shares were relative leaders, up on the day by about 1.1%. Leading the group were shares of William Lyon Homes (WLH), up about 3.7% and shares of LGI Homes (LGIH) up a...

Airbus will formally inaugurate its new U.S. manufacturing facility in Mobile, Alabama on September 14th, 2015. This will be Airbus' fourth A320 family assembly line after France, Germany and China. The new production li...

Apple launched a range of new products - including a larger-screen iPad, an overhauled Apple TV and updated iPhones - at its recent media event. While the new hardware received most of the attention, the company's more u...

A former trader at Citigroup, fired for his alleged role in the global foreign exchange rigging scandal, has begun airing his former employer's dirty laundry in a wrongful dismissal lawsuit that could prove damaging for ...

Deutsche Bank is considering sweeping changes that could include scaling back or closing operations in some countries, as well as overhauling the bank's executive ranks, according to people familiar with the matter.