Several decades ago, “odd lot” trades—in which fewer than 100 shares change hands—were an insignificant part of U.S. stock trading. Now, nearly half of all trades are in odd-lot sizes. That is the highest
A Hong Kong hedge-fund firm has sued billionaire financier Ronald Perelman and the gaming company he chairs, alleging they raised concerns about the firm to regulators in a bid to force it to sell back
The Dow Jones Industrial Average is at risk of lagging behind the S&P 500 for the first time in four years, highlighting what some investors say are the shortcomings of the more-than-century old index.
Oil prices climbed Wednesday after stockpiles of U.S. crude posted their first decline in six weeks. U.S. crude futures rose 2.7% to $55.97 a barrel, while Brent, the global gauge of prices, added 2.5%
U.S. stocks inched higher Wednesday, extending a streak of listless trading for markets. Major indexes opened little changed and drifted along in a narrow range throughout the trading session. Many of
The industrial-equipment company reported a drop in both revenue and earnings and cut its outlook as the global economy takes its toll on clients that use its heavy equipment for the mining and construction
Billionaire investor Jeffrey Vinik said he is closing his stock-picking hedge fund less than eight months after he started it, the latest sign of challenges facing the hedge-fund industry. The closure
Blackstone Group Inc.’s Chief Executive Stephen Schwarzman on Wednesday delivered an impassioned defense of his firm’s record, appearing to strike back against recent criticisms of the private-equity by
The New York Fed added permanent and temporary liquidity to financial markets Wednesday. The Fed said it bought $7.501 billion in Treasury bills to expand a balance sheet that is just under $4 trillion.
The Trump administration wants to put Fannie Mae and Freddie Mac back into private hands after more than a decade in government control. The path to doing so will likely lead through Wall Street. Before
Here are some of the companies with shares expected to trade actively in Wednesday’s session. Stock movements noted by ticker reflect movements during regular trading hours. Premarket trading is specified
The price at the pump was more than $4 a gallon in Vista, Calif., when Scott Hissem recently embarked on a trip to Texas to celebrate his 40th birthday. When the delivery associate for Amazon.com Inc.
A former star broker at Morgan Stanley, Ami Forte has been barred from the industry for allegedly churning the accounts of an elderly client who was suffering from dementia. Below, some of the best analysis
The lights abruptly went out on New Zealand’s long-running stocks rally Wednesday. The reason: A global mining giant’s threat to pull the plug on the country’s biggest buyer of electricity. The NZX-50
SoftBank Group Corp. said it agreed to take a majority stake in WeWork after securing a deal that could hand co-founder Adam Neumann a nearly $1.7 billion windfall and sever most of his ties with the office-space
They were young lovers in London, working as junior investment bankers at Moelis & Co. and Centerview Partners LLC. They had affectionate nicknames for each other: Pops and Popsy. From that unlikely perch,