Market News

Wall Street traders took a thumping over the summer, and no firm was left with deeper bruises than Goldman Sachs.

During a volatile market during the third quarter, several prominent hedge funds saw their returns decline. Pershing Square, Bill Ackman (Trades, Portfolio)’s fund, fell 12.5% in September, bringing its total third ...

Comerica said profit slid 12% in its third quarter as the Dallas-based lender continued to grapple with sharply lower oil prices and higher expenses.

The company's earnings per share came in at `22.80, a remarkable 18% higher than those estimates

Commodities trader Noble Group is winding down its exposure to some metals and focusing on what it says is a profitable energy business as it addresses the global resources rout.

Looking at the sectors faring best as of midday Friday, shares of Consumer Products companies are outperforming other sectors, up 0.4%. Within that group, Mattel Inc (NASD: MAT) and Garmin Ltd. (NASD: GRMN) are two large...

GE shares are flying high. Can the business grow into its new multiple?

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Visa Inc (NYSE: V), where a total of 81,128 contracts have traded so far, representing approximately 8.1 million und...

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Apple Inc (NASD: AAPL), where a total of 377,440 contracts have traded so far, representing approximately 37.7 milli...

The oilfield services company is fully committed towards the merger, which is likely to generate over $2 billion in cost synergies, and consequently, has directed most of its time and efforts in obtaining the regulatory ...

The defense contractor is coming off a good second quarter in which its revenues grew by 3% year over year to $11.6 billion. In the third quarter, we believe the company to continued to grow its profit as it cut costs an...

The U.S. wireless market has been contending with increasing saturation and that competition likely mounted during Q3, with the increasing promotional activity surrounding the launch of Apple's new iPhone 6S, as well as ...

While revenue beat Wall Street estimates, the company's non-GAAP diluted earnings per share of negative $0.17 came in below analyst expectations. Though AMD's Q3 2015 revenue (at $1.06 billion) was down 26% year-on-year,...

Yum! added Keith Meister to its board of directors. Mr Meister heads Corvex Management, which Yum!'s release noted owned owns more than 5% of outstanding YUM shares.

Liongate Capital Management LLP, one of London's best-known hedge-fund investors, which ran billions of dollars at its peak, is to shut down, according to a person familiar with the matter.

Goldman Sachs Group Inc. is firing about 20 junior employees for cheating on internal training tests, according to a person familiar with the matter.

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Cardinal Health (CAH) is now the #80 analyst pick, moving up by 1 spot.

A crucial asset sale by an embattled Malaysian government investment fund met with tepid response from bidders, with the only known bid being a conditional offer from another state-owned power producer.

In early trading on Friday, shares of General Electric (GE) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.8%. Year to date, General Electric registers a 12.9% gain.

The turbulence in the oil market in Q3 ultimately leaves oil prices down more than 20% on the year and future production demand in question—a result that’s likely to stain the quarterly results of oilfield-service gi...

In early trading on Friday, shares of Mattel (MAT) topped the list of the day's best performing components of the S&P 500 index, trading up 4.1%. Year to date, Mattel has lost about 24.2% of its value.

In early trading on Friday, shares of Mattel (MAT) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.5%. Year to date, Mattel has lost about 23.9% of its value.