Market News

Houston is gushing with empty offices as the price of oil falls under $30 a barrel. Companies that once added office space aggressively are now eager to unload it.

The Dallas-based company said it had profit of 65 cents per share.

The plunge in the unofficial naira rate points to a looming devaluation in the Nigerian currency

Traders pulled $850 mn from two popular exchange-traded products tracking moves in the CBOE Vix

Investors were concerned about a possible liquidity squeeze even as PBoC flooded the financial system with cash before the Chinese new year holiday

One month after its historic rate increase, the Fed faces an onslaught of new pressures as it prepares for Wednesday's policy statement.

Plunging oil prices, rising market volatility, surging global debt—it’s all beginning to remind some investors of 2008. Earlier this month, billionaire former hedge fund manager George Soros warned of an impending fi...

The markets regulator has told top exchange officials and brokers to track markets to ensure there is no foul play

The worst performing sector as of midday Tuesday is the Healthcare sector, higher by 0.7%. Within that group, Waters Corp. (NYSE: WAT) and Intuitive Surgical Inc (NASD: ISRG) are two large stocks that are lagging, showin...

The best performing sector as of midday Tuesday is the Energy sector, up 3.5%. Within that group, Williams Cos Inc (NYSE: WMB) and Range Resources Corp (NYSE: RRC) are two of the day's stand-outs, showing a gain of 11.5%...

Kansai Nerolac's operating profit margin fell to 14.1% in the December quarter, from a high of 15.8% in the September quarter

Although analysts are more positively inclined towards the shares following the recent correction, investors should wait for more concrete signs of a turnaround

SpiceJet rallied 11% soon after the Dec quarter results were announced, which means investors are rewarding it for a quicker-than-expected improvement in performance

Juniper had hoped for a turnaround in its performance in the second half of 2015, and its Q3 results were very much in line with these expectations. The company is set to report its Q4 2015 earnings on January 27, and in...

Norfolk Southern will announce its fourth quarter results and conduct a conference call with analysts on Wednesday, January 27.  We expect weak shipment volumes, particularly coal shipments, to negatively impact the co...

Malaysia's attorney general ended a probe into the $681 million transferred into Najib Razak's personal bank account, saying the prime minister didn't commit a crime, but the decision is unlikely to quell doubts.

SanDisk Corporation is scheduled to announce its fourth quarter earnings on Wednesday, January 27th.   The company has reported weak results through the first three quarters of 2015, with combined revenues declining b...

Cliffs Natural Resources will announce its fourth quarter results and conduct a conference call with analysts on Wednesday, January 27.  We expect the decline in iron ore prices over the past year to adversely impact th...

eBay is scheduled to report its Q4 2015 financial results on Wednesday, January 27th. According to early indications from ChannelAdvisor, eBay’s sales underperformed the broader e-commerce market during the three-month...

Weight Watchers' stock is once again benefiting from the Oprah effect.

The recent stock market declines have created some attractive buying opportunities. Specifically, the discount on closed-end funds has widened to above the historical average. The discount tends to mean-revert. Thus, whe...

A. O. Smith (AOS) approved a 26 percent increase in the company's quarterly cash dividend to $.24 per share. The dividend increase will affect the company's Common Stock and Class A Common Stock and is payable on Feb. 16...