Asian stock markets mostly ended lower last week as sentiment was weighed down by the report that China’s inflation rate accelerated to a seven-month high in December, denting hopes of further stimulus measures to boost the ongoing recovery in the world’s second largest economy.
The financials sector is expected to have led all sectors in earnings growth during the fourth quarter of last year.
Goldman Sachs' move may have changed the money market fund industry's practice of only reporting prices every 60 days.
3D Systems Corp, Molycorp, Barclays, Deutsche Bank, Amazon.com, Bank of America Corp, Citigroup, Harman International Industries, Illumina and KeyCorp are among the companies whose shares are moving in pre-market trading Monday.
Morgan Stanley (NYSE:MS), lead underwriter of the $109 billion initial public offering of Facebook (NASDAQ:FB) was fined $5 million by Massachusetts regulators.
ECB President Draghi faced a hostile reception at a monthly q-and-a session, as the media pressured him on Europe's economic woes.
Shares of Dell Inc. (Nasdaq: DELL), the No. 3 PC maker, soared nearly 9 percent Monday after an analyst suggested the company might go private.
Shares of BlackBerry developer Research in Motion soared 10 percent after an analyst at Goldman Sachs (NYSE: GS) boosted her outlook.
The Bombay Stock Exchange’s benchmark Sensex Thursday ended at its highest level since April 2011 after Goldman Sachs upgraded the Indian equities to an “overweight” rating and the government agreed to allow voting in the Parliament on its decision to allow Foreign Direct Investment in multi-brand retail.
India’s current account deficit is likely to narrow to 3.5 percent from the current 4.5 percent by the end of the fiscal year, Prime Minister's Economic Advisor Council Chairman Dr C Rangarajan has said.
Spotify has raised an additional $100 million in its latest round of fundraising including $25 million from high-profile investors like Coca Cola and Fidelity, the New York Times reports.
Spotify is reportedly close to closing a $100M round of financing that would value that company at just over $3B, a $1B drop from its rumored valuation just six months ago.
The Australian judiciary delivered a crushing defeat to credit-rating agency Standard & Poor's this week that may have global repercussions
Sheryl Sandberg, COO and director of Facebook (Nasdaq: FB), joined the parade of insiders who have cashed in on the company's public status.
Flip-flopping more than any presidential candidate on the campaign trail, the New York Stock Exchange actually will be closed Monday.
Rajat Gupta, a former Goldman Sachs director, will do hard time for insider trading.
Asian stock markets advanced Wednesday as better-than-expected quarterly earnings from U.S. blue chips and hopes of an imminent Spanish request for financial aid added to the positive sentiment.
Market participants are likely to focus on the economic reports in a data-heavy week. Reports on retail sales, Empire manufacturing, Philly Fed, housing starts and inflation from the U.S. are due to be released next week.
Ahead of his sentencing later this month, former director of Goldman Sachs Rajat Gupta has got support from prominent personalities like former U.N. Secretary-General Kofi Annan and Microsoft co-founder Bill Gates who advocated a lenient sentence for insider trading, the Wall Street Journal has reported.
The Federal Reserve Bank of New York released a report suggesting vulnerability among the largest "too big to fail" U.S. banks.
What do vampire squids, sun scorpions, and basking sharks have in common? They're all relatively harmless, despite their fearsome looks.
On Sunday night, just a day before the one year anniversary of the Occupy Wall Street movement, protesters returned to Zuccotti Park, formerly the central camp ground of the protest, to kick off celebrations. The festivities also coincided with another event; Rosh Hashana, the Jewish New Year.