Market News

The chairman of the House Financial Services Committee is turning up pressure on a major regulator to hand over internal documents pertaining to its investigations of auto lenders.

Wall Street's trading business is going through a profound change--and bonds are on the wrong side of it. Bank's revenue from bond trading is expected to decline, while stock trading is picking up steam.

(Reuters) -- General Electric Co. (GE.N) is in advanced talks to sell a specialty finance portfolio, worth more than $30 billion, to Wells Fargo & Co. (WFC.N), according to a person familiar with the matter, as the indus...

If Dell does move to buy EMC, it will have to sell a huge debt issue. While that may be possible, a deal would zig while others are zagging.

A Delaware judge refused to approve a settlement of shareholder lawsuit stemming from Hewlett-Packard's $2.7 billion purchase of Aruba Networks, a signal that the country's most influential corporate court is taking a to...

The latest Federal Reserve minutes showed worries over the low level of inflation were the main reason policy makers stood pat on rates. If they were worried then, they may be more worried now.

In afternoon trading on Friday, Healthcare stocks are the best performing sector, up 0.4%. Within that group, Regeneron Pharmaceuticals, Inc. (NASD: REGN) and Eli Lilly & Co. (NYSE: LLY) are two of the day's stand-outs, ...

Looking at the sectors faring worst as of midday Friday, shares of Energy companies are underperforming other sectors, showing a 1.1% loss. Within that group, Southwestern Energy Company (NYSE: SWN) and Chesapeake Energy...

Western Digital Corporation has made headlines in the past few weeks, with China-based Tsinghua Holdings planning to invest $3.8 billion for a 15% equity stake in the hard drive manufacturer. Meanwhile, rival Seagate Tec...

Merger rumours over electronics distributors Electrocomponents and Premier Farnell sparked a rally in afternoon trade.

Global consumer processed goods behemoth Unilever has extended its drive into the premium category by acquiring premium Italian ice cream brand Grom. The move pushes Unilever deeper into the high-value, high margin strat...

The company reported an 11% year-over-year decline in revenues to $5.57 billion, due to a combination of divestments, smelting capacity closures and weak aluminum pricing, partially offset by rising revenues from the com...

Leading PC microprocessor manufacturer, Intel will announce its Q3 2015 earnings on October 13th. We expect growth in the quarter to be driven by continued strength in the data center, Internet-of-Things (IoT) and NAND b...

The PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (PEZ) is seeing unusually high volume in afternoon trading Friday, with over 358,000 shares traded versus three month average volume of about 54,000. Shares o...

In trading on Friday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Sibanye Gold (SBGL), up about 16.4% and shares o...

In trading on Friday, water utilities shares were relative laggards, down on the day by about 1.8%. Helping drag down the group were shares of Cadiz (CDZI), down about 11.4% and shares of Consolidated Water Company (CWCO...

In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.7%. Leading the group were shares of Hudbay Minerals (HBM), up about 9.4% and shares of Platinum Group Metals (PLG) up about 9....

If Credit Suisse is to raise fresh funds, investors will rightfully want something in return.

Standard Chartered is cutting around 1,000 of its senior staff, responding to pressure from investors to streamline its business.

Commodity-related investments have bounced back this week following a brutal selloff, the latest reminder of the volatility and sentiment swings common in emerging markets.

Tepid global price movement, coupled with uncertainty of US Fed rate decision, has put brakes on stocked up jewellers from importing more gold

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Zimmer Biomet Holdings (ZBH) is now the #70 analyst pick, moving up by 5 spots.