Why Analysts Are Giving Up on CIT Group and Ally

Year to date, financial sector stocks have lost about 11%, more than double the 4.4% drop in the energy sector. The Federal Reserve's interest rate hike was supposed to help ...
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Analysts Changing Stride on Xerox Into Breakup

Xerox Corp. (NYSE: XRX) reported fourth-quarter results on January 29, but the big negative reaction did not come until last Monday. The company announced that it is going to split ...
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How Analysts View Chipotle After a Kitchen-Sink Earnings Report

Chipotle Mexican Grill Inc. (NYSE: CMG) reported fourth-quarter financial results on Tuesday, and this was perhaps one of its most important earnings reports ever, being the first report after the ...
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Top 4 BioPharma Movers of the Week

Over the past week, a few biotech companies made absolutely massive runs, either up and down. In the past year, the health care sector was on fire from positive trials, ...
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Did Analysts Miss the Boat on Michael Kors?

Michael Kors Holdings Ltd. (NYSE: KORS) reported its fiscal third-quarter financial results before the markets opened on Tuesday. This stock had been battered and bruised, and it disappointed on earnings ...
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Analysts Keep Taming National Oilwell Varco Targets

Will there ever be an end to the misery of the oilfield services companies? National Oilwell Varco Inc. (NYSE: NOV) reported fourth-quarter results on Wednesday morning and the stock dropped ...
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26,000 People Die in Traffic Accidents in First 9 Months of 2015

The National Highway Traffic Safety Administration (NHTSA) reported Friday that an estimated 26,000 people were killed in vehicle crashes over the first nine months of 2015. That's up 9.3% from ...
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Oil rig

Oil Rig Count Drops by 31, Hedge Funds Pile Up Short Positions

In the week ended February 5, the number of rigs drilling for oil in the United States totaled 467, compared with 498 in the prior week and 1,140 a year ...
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Marijuana Price Rises to $2,050

For the week ended Friday, February 5, the spot price index for a pound of cannabis rose 3.7% from $2,1,977 in the prior week to $2,050. The simple (non-volume-weighted) average ...
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Gas Price Drops to $1.18 in Oklahoma

In several locations around Oklahoma City, the price for a gallon of regular gasoline has fallen to $1.18, according to GasBuddy. That compares to the national average of $1.88. Several ...
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American Express Is Worst-Performing Dow Stock, Down 22%

The Dow Jones Industrial Average (DJIA) has dropped 7% this year to 16,204.97. One of its 30 components has done very substantially worse. The share price of American Express Co. ...
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Verizon Is Best-Performing Dow Stock, Up 10%

After a sell-off that dropped the Dow Jones Industrial Average (DJIA) by 1.8%, the index is down 7% for the year so far to 16,204.97. Against that trend, Verizon Communications ...
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New Hampshire State Flag

The New Hampshire Primary in 9 Charts

The results of the Iowa caucuses provided a snapshot of voter sentiments in the Midwest. Now, with New Hampshire’s first-in-the-nation primary election slotted for February 9, Americans will hear the ...
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The 4 Stocks That Tanked the Dow on Friday

February 5, 2016: Markets opened lower on Friday following a lower-than-expected report on nonfarm payrolls. There appears to be some concern that investors are worried about the impact of the ...
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Rolls-Royce Ghost Series II

Uber Drivers to Protest at Super Bowl

Uber drivers are sick of being kicked around, at least as they see it. While the company's management gets rich on their shares (which the current valuation collapse of unicorns ...
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