Market News

Unfortunately for the U.S. equity markets, Leap Day did not translate to gains of leaps and bounds. On the contrary: all three stock indices closed the last day of February in the red, with the S&P and Nasdaq even managi...

You kids get off of my lawn!  That is the unmistakable conclusion to recent proclamations from NBA legends about this season's Golden State Warriors.  The Warriors are on pace to break the NBA record for most wins in a...

The battle for the Republican nomination in the 2016 presidential election is not over, and in fact, may not be over for quite some time. At this point, Donald Trump is certainly the leader, and that is not likely to ch...

Volkswagen said it will unveil its new Phideon luxury limousine at the Geneva Car Show Tuesday. The Phideon will be launched in China this year. Will it go on sale in the U.S. and Europe? Will it replace the Phaeton?

Ross Stores, called ‘Rocket Stock’ To Buy for 2016 Gains by TheStreet.com, and New Off-Price Star by BloombergGadfly, is a 71,400 employee Fortune 500 retailer, WITHOUT an e-commerce website. Why no online stor...

Although the move brings clarity to the taxation of REITs, more may be needed to give a push to the investment vehicle

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Anacor Pharmaceuticals Inc (NASD: ANAC), where a total of 11,915 contracts have traded so far, representing app...

The ISM Manufacturing Index will likely be weak again, but it won't be bad enough to induce an economic recession.

Citi's MD and India strategist says the government's decision to stick to a fiscal deficit target of 3.5% for fiscal 2017 is a clear positive

Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, higher by 0.9%. Within the sector, FirstEnergy Corp. (NYSE: FE) and Edison International (NYSE: EIX) ...

While the FM did not specify products likely to be introduced, market participants expect the introduction of option contracts in commodity derivatives, similar to those available in equities

In trading on Monday, shares of Bank of New York Mellon Corp's Series C Noncumulative Perpetual Preferred Stock (NYSE: BK.PRC) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.30), with s...

The fertilizer subsidy of `70,000 crore for the next fiscal is marginally lower than the `72,437 crore allocated for the current fiscal but is higher than the estimated requirement of around `55,000 crore

The Union budget has outlayed `2.2 trillion for infrastructure

Estee Lauder announced recently that it had acquired By Kilian, a Paris based prestige fragrance brand, for an undisclosed sum. By Kilian was founded in 2007 and is sold in 40 countries worldwide (primarily in North Amer...

Why does Ford need to grow the Sales of its luxury Brand Lincoln in the U.S.? Ford’s luxury brand Lincoln contributes much less to its overall U.S. sales than do competing luxury brands to the sales of its major compet...

As far as equity markets go, fiscal consolidation won't move the needle much when it comes to investor sentiment

Although prepaid subscriber additions are less valuable for carriers compared to postpaid adds, these connections are becoming increasingly important in a saturating wireless market given their lower customer acquisition...

Gap Inc‘s shares slid 5% in after hours after it reported a substantial decline in its Q4 profits and guided 2017 EPS way below analysts’ estimates. The contributing to its lackluster performance and guidance are the...

Prologis (PLD) approved a plan to raise the company's annualized dividend to $1.68 per share, representing an increase of 10.5 percent over the 2015 aggregate dividend paid to stockholders. A dividend of $0.42 per share ...

Capital infusion of `25,000 crore is inadequate for public sector banks, while amendments to SARFAESI Act should lead to better cash recovery for banks burdened by bad loans

Cooking gas connections to BPL families is a positive for oil marketing firms as these will boost LPG sales volumes and margins, say analysts