Financial Market News

Over the last 12 months, average returns on certificates of deposit have remained essentially unchanged, barely budging from their record lows.

A: LeBron's return to the Cleveland may be good news for Cavs fans. But the same isn't true for investors in Cleveland-based stocks.

After a long climb, stock valuations are "excessive by most measures," few new highs have been set and industry trends are not showing broad strength, said Delwiche, investment strategist at Robert W. Baird & Co.

SINGAPORE/JAKARTA - The rupiah led gains in Asia and had its biggest weekly rally in five months on signs Joko Widodo won Indonesia's presidential race, while South Korea's won and India's rupee declined.

A man charged with killing six members of his ex-wife's family, including four children, was the subject of a restraining order obtained by his own mother less than a week before the attack and faced previous... A man accused of killing six members of his ex-wife's family, including four children, collapsed in court Friday as a prosecutor recited ... (more)

With markets driven by sentiment as well as fundamental factors such as growth, dividend payments and inflation, a big sporting defeat can depress the mood of traders and cause the stock market to underperform.

UK shares edged higher on Friday as merger activity helped cigarette makers advance, although the FTSE 100 index was still on course to record a drop of close to 3 percent this week.

After years of funneling cash to investors, companies may be looking to spend more on themselves.

Mumbai, Jul 11: A benchmark index of Indian equities markets was trading 318.07 points or 1.25 percent down on Friday as capital goods and metal stocks dipped.

The Toronto stock market fell Friday amid a disappointing jobs report that showed the Canadian economy lost an unexpected 9,400 jobs in June.

The Dow Jones industrial average, the S&P 500 and the Nasdaq were all drifting between small gains and losses.

Stocks edged mostly lower in early trading Friday as investors assessed corporate news.

European stock markets rebounded Friday after slumping on worries about the soundness of a bank in Portugal, while trading in Asia was muted over the specter of more financial turmoil in Europe.

Viamet Reports Additional Positive Interim Results of Phase 2 Study of VT-1161 in Patients with Moderate to Severe Acute Vulvovaginal Candidiasis )--Viamet Pharmaceuticals, Inc. today reported additional positive interim results from its ongoing Phase 2a study of VT-1161, the Company's lead novel, ... Viamet Reports Additional Positive Interim ... (more)

Billionaire activist investor Carl Icahn said on Thursday that it is time for U.S. stock market investors to tread carefully after the run-up on Wall Street.

A Northern California chemical engineer is facing more than 20 years in prison when he is sentenced for a rare economic-espionage conviction.

Indonesian stocks rallied to a one-year high Thursday after most unofficial tallies showed Jakarta governor Joko Widodo ahead of ex-general Prabowo Subianto in a closely fought race to lead Southeast Asia's biggest economy.

The worries also spread to the European stock and bond markets. KEEPING SCORE: The Dow Jones industrial average dropped 173 points, or 1 percent, to 16,811 in the first 20 minutes of trading.

U.S. stocks are down sharply Thursday as jitters about a Portuguese bank and ugly economic data raise more doubts about whether Europe is recovering.

The finance ministry said Thursday it had accepted 1.5 billion euros of the 3 billion euros offered by investors, and that the yield had been set at 3.5 percent.