Market News

A weak quarter could put pressure on Goldman Sachs to cut costs further.

Yahoo is entering its final quarter as an independent company.

In other news, mutual funds buy cyclicals in FY17, cut exposure to IT; manufacturing and retail drive China's Q1 growth

Recently Wal-Mart announced discounts on several products listed on its e-commerce site if they are bought online using the "pick-up from store" option. The company currently has 10,000 such products on its site

Alibaba Group affiliate Ant Financial raised its bid to acquire money-transfer company MoneyGram to $1.2 billion. The new bid is worth $18 per share, up from $13.25 offered in January.

BlackRock's latest move exposes a glaring flaw in asset management on Wall Street.

The government will open the first divestment account by selling up to 10% stake Nalco and may mop up over Rs600 crore

Cloudera is cutting its last private valuation to sell its IPO, which bodes ill for other tech unicorns.

Drug distributor Cardinal Health cuts earnings guidance as rising competition among generic drugmakers pressures the industry.

U.K. Prime Minister Theresa May has called a snap election in June: This looks likely to strengthen her hand at home. But it won't make closing a post-Brexit trade deal with Europe any simpler.

the Pound swung from gain to loss and back again versus the dollar as Theresa May set the vote for June 8, before rallying to the highest since 2 February

The debt component of corporate dividend funding is likely to fall to around Rs5,800 crore each year during fiscal 2017-18 from an average of Rs9,000 crore in 2014-16, said India Ratings report

Breakfast isn't what it used to be. Yet Raisin Bran owner Post Holdings' buyout of Weetabix, Britain's favorite cereal maker, could prove good fodder for investors.

Goldman Sachs reported first-quarter earnings Tuesday that missed on both the top and bottom line.

Sebi is looking to allow investors to buy mutual funds worth up to Rs50,000 through digital wallets in a move aimed at enabling speedy and easy transactions

Instead of just buying the S&P 500 in an index fund, you can choose funds that track the index AND provide extra downside protection in the form of higher dividends.

SBI becoems India's most valuable PSU firm after market cap rises to Rs2,35,307.51 crore , about Rs2,961.79 crore more than that of ONGC

The bank missed Wall Street estimates on both its top and bottom line.

Qualcomm is expected to earn $1.20/share on $5.88 billion in revenue. Meanwhile, the so-called Whisper number is $1.24

80% of parents don't know what a 529 plan is, and 60% of those saving for college don't use one. This Miami startup is trying to change that.

American Express is expected to earn $1.28/share on $7.72 billion in revenue. Meanwhile, the so-called Whisper number is $1.29.

BlackRock is expected to earn $4.94/share on $2.89 billion in revenue. Meanwhile, the so-called Whisper number is $4.99