Market News

The slump in iron-ore prices raises questions over the determination of big producers to keep pumping record volumes into a falling market.

Regulators calculated they could secure a settlement on discrimination claims by going after Ally Financial Inc. because it needed to clinch restructuring approval, according to a report from congressional Republicans.

President-elect Mauricio Macri selected a team of veteran policy experts to overhaul Argentina's economy, a day after Mr. Macri said departing President Cristina Kirchner declined to help with a cabinet transition.

A former Goldman Sachs employee has been accused by the SEC of trading on information in investment bankers' emails about upcoming mergers and acquisitions.

The NSE management is trying to further delay a public sale of its own shares by setting preconditions to the process

Rosy forecasts have helped George Osborne's budget numbers add up.

Post this transactions, the stake of promoters, KP Singh and family, has increased to 74.99% from 74.86%

The latest big merger, between Pfizer and Allergan, has landed the law firm in the middle of an election-year debate about U.S. tax policy, with billions of dollars riding on the firm's efforts.

American Airlines has stopped accepting Argentine pesos for tickets owing to currency controls it said were affecting its ability to repatriate earnings.

Ride-sharing company Uber recently lured away three mid-level tech bankers from GoldmanSachs. It's the latest example of the tech world poaching Wall Street for talent. Google parent Alphabet lured away Ruth Porat from M...

A sharp slowdown in printer supplies poses a growing problem for the new HP.

Home prices continue to climb, but the U.S. government is keeping a lid on the size limit for federally backed mortgages, posing problems for home buyers in many pricey markets.

Leading customer relationship management software vendor Salesforce.com continued its relentless streak of strong revenue growth in the third quarter of fiscal 2016. (Fiscal years end with January.) We have reflected on ...

The three Chinese carriers recently published their October customer metrics, indicating that the Chinese wireless market (excluding MVNOs) expanded by roughly 2 million subscribers, with subscriber migration to high-spe...

Hewlett-Packard Inc. announced results for Hewlett-Packard companies, i.e. HP Inc and HP Enterprise, on November 24th. (Fiscal year end with October.) The company reported that the full-year combined revenues for HPE and...

McCormick & Company (MKC) declared an increase in the quarterly dividend from $0.40 to $0.43 per share on its common stocks, payable January 15, 2016 to shareholders of record December 31, 2015.

The SPDR S&P International Small Cap ETF (GWX) is seeing unusually high volume in afternoon trading Wednesday, with over 519,000 shares traded versus three month average volume of about 83,000.  Shares of GWX were off a...

In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.9% on the day.  Components of that ETF showing particular strength include shares of Sage Therapeutics (SAGE), up about 9.6...

In trading on Wednesday, electric utilities shares were relative laggards, down on the day by about 1.2%.  Helping drag down the group were shares of Terraform Global (GLBL), off about 19.5% and shares of Terraform Powe...

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra Bloomberg Crude Oil (UCO), which added 6,450,000 units, or a 15.1% incre...

In trading on Wednesday, biotechnology shares were relative leaders, up on the day by about 2.1%.  Leading the group were shares of Kalobios Pharmaceuticals (KBIO), up about 51.1% and shares of OHR Pharmaceutical (OHRP)...

Brazil's federal police arrested André Esteves, the CEO of Brazil's largest investment bank, and Sen. Delcidio do Amaral, of the ruling Workers' Party, in a widening of the Petrobras probe Wednesday.