Financial Market News

STR, located in Enfield, Conn., has been a public company for only four months. Unlike many of its rivals, it doesn't make photovoltaic cells, which convert the sun's rays into electricity.

Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is still on track.

Author Michael Lewis, known for exposing the culture of excess at Solomon Brothers with his book "Liar's Poker," says Wall Street bonuses at banks bailed out by Washington are "a very elegant form of theft." Lewis's latest book "The Big Short: Inside the Doomsday Machine," to be published next week, tells the story of the 2008 financial meltdown ...

By Germain Moyon New York - Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting.

Gains were hard to come by on the Toronto stock market Friday afternoon as commodity stocks weakened in the wake of mixed signals about the health of the U.S. economy.

Stock market slides may hurt more than your savings. New research suggests they might prompt heart attacks.

Shares of Digital River Inc., which provides technology and services for companies that sell products online, got a boost Friday after an analyst said McAfee Inc.

Canadian stocks ended the week little changed, advancing a mere 38.68 points over the past five trading sessions.

U.S. retail sales rose unexpectedly last month despite heavy snow storms and a drop in vehicle purchases by consumers spooked by Toyota recalls, bolstering hopes of a sustainable economic recovery.

Fertilizer maker CF Industries Holdings Inc. on Friday said it will buy rival Terra Industries Inc.

U.S. stocks opened higher today, as investors were cheered by an unexpected jump in U.S. retail sales last month and reports of a crowd-pleasing nomination for the Fed's vice chairman spot.

Stock futures extended their gains Friday after retail sales unexpectedly rose in February, raising hopes that the economy may be gaining momentum.

Most Asian stocks rose, sending the MSCI Asia Pacific toward its third weekly advance, as a weaker yen boosted Japanese exporters and as drugmakers climbed on speculation proposed changes to the U.S. health system will fail.

Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China.

The Toronto stock market closed slightly higher Thursday thanks to a late-day gain in financial and gold stocks that sent the S&P/TSX composite index up 18.64 points to 11,979.7. The TSX financial sector gained 0.38 per cent after the CEO of U.S. banking giant Citigroup, Vikram Pandit, said the bank was on a path toward a oesustained profitabilitya ...

Americans are recovering their shrunken wealth - gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios.

The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery.

U.S. stock futures slipped today on worries the engine of the world economy, China, may have to slam the brakes to combat accelerating prices.

The New Zealand share market slipped in early trading, with key stocks losing ground or staying flat after the Reserve Bank did as expected and left official interest rates at a record low 2.5 per cent.

MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, ended higher by 46 points at 17098.33 on Wednesday as the impact of a smart rally in Reliance Industries was minimised by selling pressure in other frontline shares such as Bharti, Infosys and ICICI Bank.