Market News

Goldman Sachs lowered the top end of its range of "reasonably possible" legal expenses to about $2 billion, the Wall Street firm said in a regulatory filing.

HSBC said it swung to a fiscal fourth-quarter loss from a year-earlier profit, adding fuel to investor concerns that slowing growth in Asia will spark a rise in bad loans and lower revenue for the bank and its rivals.

Investors aren't worrying nearly enough about how markets will play out between now and the U.K.'s referendum on whether to leave the European Union.

ICICI, India's largest private-sector bank, should be able to withstand the pain from cleaning up its loan book.

Bank of America Corp. is rolling out a new-mortgage product that would allow borrowers to make down payments of as little as 3%, in a move that would represent an end run around a government agency that punished the bank...

The IRS continued to ramp up its focus on high earners in the 2015 fiscal year, auditing nearly 10% of returns with income of more than $1 million, compared with 7.5% the year before.

J.P. Morgan is rejiggering its budget to allocate more money to application development, boost cybersecurity spending and test the electronic record-keeping system that underpins the digital currency bitcoin.

From a $2 billion valuation to less than $300 million in five months, Chimerix (of Josh Hardy fame) is a standout among biotech stocks, for the wrong reason. While the markets have not been kind to the sector in general...

Home Depot's recent pullback offers investors a rare buying opportunity ahead of Tuesday's earnings report.

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...

In order to be eligible for inclusion in Nifty 50 and Nifty Bank index, a stock must be available for trading in NSE's futures and options segment

12 buyback offers worth Rs1,418 crore were recorded between 1 April and 31 January this fiscal, compared with 10 offers worth Rs605 crore a year ago

In afternoon trading on Monday, Energy stocks are the best performing sector, up 4.5%. Within that group, Chesapeake Energy Corp. (NYSE: CHK) and Newfield Exploration Co. (NYSE: NFX) are two large stocks leading the way,...

Expectations are high that the budget will have good news for rural folk, who have been crushed under the weight of crop failures and falling prices of farm produce

The company's strong order book has kept the stock ticking and it trades at an expensive 17 times the estimated earnings per share of fiscal year 2017

The completion of the Panama Canal expansion in 2016 is expected to boost container traffic at East Coast ports at the expense of West Coast ports, adversely impacting rail companies operating in the Western U.S., such a...

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...

The global oil market resembles a soccer match with wild back-and-forth swings but no capitulation as speculators make it more volatile.

Leading cloud computing service provider Salesforce.com is scheduled to report its fiscal 2016 fourth quarter results on February 24th.   (Fiscal years end with January) Following the lackluster results of tangentially...

Facebook recently announced that it is opening up its Instant Articles program to all publishers starting April 12th.   Instant Articles was launched by Facebook in May last year, starting with just a few publishers, T...

MGM Resorts recently reported its Q4 and full year 2015 earnings, which came in below the street estimates and the Q4 loss widened due to a big write-down in China. While MGM Macau continued to face the headwinds amid lo...

In what is a welcome change for 2016 market activity, all three U.S. stock indices are up more than 1% in Monday trading -- intra-day gains that have been good enough to push the Dow and the S&P out of correction territo...