Market News

By refusing to use public office for private gain and pushing for cleaner, better government, Kenya's central bank head Patrick Njoroge has become a celebrity in the East African nation.

Investment banks surveyed by The Wall Street Journal don't see the price of Brent crude going above $60 for most of next year, which will leave some oil producers' budgets in tatters.

U.S. government bond yields rose, with the yield on the two-year note nearing a five-year high, as fresh signs of strength in the U.S. labor market bolstered the Federal Reserve's case to raise interest rates this month.

The benchmark U.S. oil price tumbled below $40 a barrel for the first time since August on Wednesday, as a buildup of crude supplies signaled a deepening global glut.

A cruel year is getting worse for investors betting on a rebound in the oil-and-gas business.

Commonly excluded costs are pensions, executive compensation, and management recruitment. Each of these costs is a normal part of business operations and should be included when determining profits.

The recent terrorist attacks in Paris make two things abundantly clear. One, the West is still under assault from radical Islamic elements. Secondly, it’s time to rethink our current strategy to better combat such elem...

The start of the month is one of anticipation for global oil importers of all stripes as Saudi Aramco reveals the official selling price or OSP of it’s flagship Arab Light crude oil for the next calendar month. Analyst...

Sears's financial maneuvers could provide short-term opportunities, but they won't change a grim long-term trend.

The SEC's case against hedge fund billionaire Steven Cohen is moving forward again, after prosecutors withdrew their request for a two-year freeze imposed while they pursued criminal insider trading charges against his e...

As a day-to-day gauge of what is going on in the UK economy, the FTSE 100 is not much of a step up from haruspicy

Signing China's largest smartphone vendor should help close Qualcomm's royalty gap.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Humana Inc. (NYSE: HUM), where a total of 12,280 contracts have traded so far, representing approximately 1.2 millio...

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Yahoo! Inc. (NASD: YHOO), where a total volume of 145,195 contracts has been traded thus far today, a contr...

Looking at the sectors faring best as of midday Wednesday, shares of Consumer Products companies are outperforming other sectors, losing just 0.5%. Within that group, Cummins, Inc. (NYSE: CMI) and Leucadia National Corp....

SL Green Realty (SLG) increased the Company's quarterly dividend on its common stock and OP units by 20%, resulting in a new annual dividend of $2.88 per share. In connection therewith, the board of directors declared th...

Ctrip went into a share exchange agreement with Qunar's backer, Baidu, and purchased a ~40% stake in eLong. This is expected to mitigate the price wars in China to a great extent. The most notable players have entered in...

China Unicom, China's second largest wireless carrier in terms of subscribers, has had a difficult 2015 amid slower-than-expected uptake of its 4G LTE wireless services and a consequent decline in its subscriber base (re...

Compared with the previous fiscal year, the average monthly power generation at gas-based plants is higher by about one-fifth in September and October

The company's talks with private equity firms for a buyout has not worked out, yet. Brazil - Avon's most important region in terms of revenues - is still reeling under economic setbacks, leading to poor demand for superf...

Las Vegas Sands' Singapore property is likely to continue this trajectory until the time Macau sees some recovery. Given the crackdown in Macau, VIP gaming to some extent has found its way outside of Macau. Now the Macau...

The Guggenheim Timber ETF (CUT) is seeing unusually high volume in afternoon trading Wednesday, with over 174,000 shares traded versus three month average volume of about 25,000.  Shares of CUT were down about 0.8% on t...