Market News

We are cutting our price estimate for Sprint from about $8.50 per share to about $6 per share to account for the potentially lower growth prospects, weaker pricing power, and higher CapEx outlays that it could face, afte...

Railroad CSX paid a princely sum to snag an infirm new CEO this year, and now it faces service woes and has installed an interim chief.

Businesses are getting a profit windfall from the Republican tax bill, but after this year's stock market rally, the gains won't make their shares look cheap.

Over the past few weeks, we have seen investors rotate out of tech (over-valued) and into commodity stocks. The argument is that the former group is over-valued and the latter is under-valued. Let's take a closer look at...

Adobe posted its fiscal Q4 results on Thursday, December 14 after market close. Once again the company saw solid revenue growth, with a 24.7% increase to over $2 billion, above its guidance range. As a result, the stock ...

Costco reported solid fiscal first quarter results on Thursday, December 14, as both its revenues and earnings came in ahead of consensus estimates. The company's stock was marginally up in extended trading on Thursday. ...

Oracle announced its Q2'18 results on December 14, reporting a strong performance from its Cloud Services division. In addition, Software Licenses and Services segment revenues were also up after a lackluster performance...

Software maker Adobe Systems' solid performance should help as rising peer valuations will make investors pickier.

The ten-year bond yields climbed to one-and-a-half year high of 7.2% in December from 6.5% in June-July this year

Too late for this holiday shopping season, the owner of mall fashion stalwart H&M is finally getting serious about resizing its store footprint for the digital age. The move is long overdue, and will be painful.

Disney is facing declining ratings at ABC and ESPN and cord cutting costing millions of cable subscribers and billions in sub fees. But it's hard to argue with the logic of the Fox move, which is only the latest in a ser...

BSE Sensex closed higher by 216.27 points to 33,462.97, while the Nifty 50 rose 81.15 points to close at 10,333.25

Indiamart claims to have 40 lakh SMEs and over 100 big brands on its platform

Gold prices tumble by Rs155 to Rs29,510 per 10 gram on easing demand from local jewellers amid a weak trend overseas

Photoshop maker Adobe Systems reported a better-than-expected revenue and profit, driven by strength in its digital media business.

Yes Bank will be included in the S&P BSE Sensex comprising of 30 companies with effect from 18 December

Here is an overview of the world's largest central banks and their take on the emergence and growth of the private cryptocurrencies or bitcoin

At some point, higher interest rates may become a negative for banks, but not for a while. Despite the flattening of the yield curve, banks' net interest margins have been rising, and their stocks have fared well.

Overseas purchases are estimated at as high as 5,500 metric tons in 2017 and may rise to about 6,000 tons next year, surging from 3,000 tons in 2016, says an analyst at London-based Metals Focus

Global gold prices edge higher in Asian trade, heading for their first weekly gain in four, as the dollar sagged on concerns about the progress of US tax reform

The auction will be conducted on NSE's e-bid platform from 3.30pm to 5.30pm after the close of market hours, the exchange said in a circular

US government's Financial Stability Oversight Board in its 152-page report said digital currency's 'current impact on financial stability is likely very limited'