A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.
FXCM (NYSE:FXCM) raised about $211 million from its initial public offering (IPO) of 15,060,000 shares, priced at $14 per share -- the company now has a total market value of about $1 billion.
PepsiCo Inc. announced an agreement to acquire 66 percent of Russia's dairy and fruit juice company Wimm-Bill-Dann Foods for $3.8 billion to boost its base in key markets in Eastern Europe and Central Asia. Upon completion of the deal, PepsiCo will be around twice the size of its nearest food and beverage competitor in Russia.
Verizon Wireless, the nation's largest wireless carrier, is set to unveil details about its plan to launch its LTE 4G wireless networks in the United States.
Motorola, Inc. (MOT) said it has reduced the time frame for its plan to separate handset and cable set-top box businesses Motorola Mobility Holdings, Inc. from the company to January next year.
Standpoint Research has downgraded American Eagle Outfitters to hold from buy, expressing concerns over the apparel retailer's store count.
Stocks dropped again over fears of spreading euro zone debt crisis, although equities seemed to stabilize somewhat on mid-afternoon reports that Republic politicians agreed to compromise with President Obama on extending the George W. Bush-era tax cuts.
Online retail sales soared 19.4 percent through the afternoon of Cyber Monday from the prior year, according to data from Coremetrics, a division of IBM (NYSE: IBM).
Oppenheimer has initiated coverage on China's ShangPharma with an outperform rating and price target of $17, saying the company is well positioned to benefit from the rising Chinese clinical/contract research organization (CRO) industry.
Railroad companies are probably not at the top of most investors’ wish list, but these stocks have performed superbly this year and likely represent a solid long-term investment theme.
As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
CPI International, Inc. (CPII), which makes broadcast and wireless components, said it agreed to be acquired by an affiliate of private-equity firm Veritas Capital for about $525 million in cash.
Ten General Motors executives bought shares at the initial offering price, documents filed with the U.S. Securities and Exchange Commission revealed on Wednesday.
UBS Securities upgraded rating of Spectra Energy Partners, LP (SEP) to 'neutral' from 'sell' based on valuation, while reiterating its price target of $34.
J. Crew's takeover has boosted the stock prices of several other retailers, possibly because this acquisition is stoking M&A interest in the broad sector.
Solar energy stocks received a load of bad news last week when an analyst at Credit Suisse downgraded the entire sector and lowered price targets, raising concerns about the industry's near-term prospects
RBC Capital Markets lowered its profit estimates for PotashCorp after the company decided to fund its share buyback from sale of debt securities rather than utilizing its existing credit facilities.
The brokerage lowered its price target on shares of the apparel retailer to $45 from $46.
Stocks tumbled on heightened geopolitical tensions in Korea and rising fears about the spread of euro zone debt crisis. Minutes from the last FOMC meeting which revealed disagreements among policymakers over the efficacy of the second round of quantitative easing did not help market sentiment either.
Given the explosive expansion of electronic gadgets in recent years, the demand for lithium has surged. Now, with the imminent development of more electric and hybrid vehicles (whose batteries will increasingly use lithium), demand for this obscure metal could skyrocket.
Credit Suisse expects the S&P 500 index to trade in the 1,100 to 1,300 range, saying that most important potential source of turbulence in equity markets may be the actions of monetary policymakers.
Campbell Soup Co. said quarterly earnings were hit by lower sales of its high-margin ready-to-serve and condensed eating soups, where higher promotional spending did not produce the planned volume gains.