Could Alibaba's IPO be bad for the market? David Lutz helps us break it down ..
In recent premarket trading, the Texas-based company's stock was dropping 17.8% to $39.40, setting it up for what may well end up as one of its worst days ever. ..
Analysts, on average, expected 48 cents, according to Thomson Reuters I/B/E/S. The company said the average price it received for its gas was $3.27 per thousand cubic feet, up ..
HSBC's (HSBA.L) first-quarter pretax profit fell 20 percent from a year ago to just under $7 billion, as revenue dropped in Brazil and at its investment bank, while last ..
The banks have already had to submit two versions of the documents, neither of which were up to the standards of the FDIC and the Federal Reserve. Some regulators say plans su ..
Pfizer (PFE) sought to allay fears that its proposed $106 billion takeover of AstraZeneca (AZN.L) would deal a blow to drug research, saying the new company would bolster inno ..
Stocks got mulched on Tuesday as weakness in Twitter, of all things, gradually spread through the rest of the tape. There are plenty who would take exception to the notion tha ..
Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (prospectus filed on Tuesday, the first step in ..
Gold prices have probably peaked this year and could sink to their lowest since 2010 at $1,100 an ounce as the U.S. economic recovery gathers pace, consultancy Metals Focus sa ..
* "Pimco's halo is crumbling," says Allianz investor * Allianz shares underperforming against benchmarks MUNICH, May 7 (Reuters) - Union Investment, a major inv ..