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Mortgage Loan Rates Fall for First Time in a Month

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 0.1% in the group’s seasonally adjusted composite index for the week ending ...
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Here’s What Will Send Oil Prices Back Up Again

By Martin Tillier of Oilprice.com Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. ...
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Ford Loses Ground in Pickup Wars

The top-selling vehicle in America for most of the past three decades was the top-selling vehicle again in February. Ford Motor Co. (NYSE: F) sold 55,236 F-Series full-size pickups last month, down ...
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Cloud computing

Alibaba Moves Into Cloud Computing Business, Challenging Huge US Tech Firms

Alibaba Group Holding Ltd. (NASDAQ: BABA) will start to offer cloud-based services in the United States. These services are the cornerstone of the recovery of International Business Machines Corp. (NYSE: ...
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Ford hybrid

Cadillac and Lincoln Take Another Beating

The promised turnaround of General Motors Co.'s (NYSE: GM) Cadillac and Ford Motor Co.'s (NYSE: F) Lincoln have to be years away, as managements have hinted. The process is off ...
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Volkswagen Turnaround Gets a Year Longer

Sometime around last month, the turnaround of Volkswagen's U.S. operations was supposed to start. Its 2015 Golf was named "Motor Trend Car of the Year," which has a value beyond what millions ...
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Cities With the Highest (and Lowest) Unemployment

Approximately 8.7 million U.S. jobs were lost during the Great Recession between 2007 and 2009. While all those jobs have been recovered, the nation’s unemployment rate remains above the level ...
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Are Great Earnings Good Enough for Ambarella?

After the markets closed on Tuesday, Ambarella, Inc. (NASDAQ: AMBA) reported its fiscal fourth-quarter financial results as $0.68 in earnings per share (EPS) on $64.7 million in revenue compared to ...
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What to Expect From This Week’s Unemployment Reports

With the first week of the month comes the unemployment reports for the previous month. In this case we will be checking the numbers from February as they come in this ...
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The 52-Week Low Club for Tuesday

March 3, 2015: Here are four stocks among the 56 equities making new 52-week lows today. Alibaba Group Holding Ltd. (NYSE: BABA) dropped about 4.7% on Tuesday to establish a ...
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The 4 Stocks That Sank the Market on Tuesday

March 3, 2015: Markets opened lower on Tuesday following unexciting action in both Europe and Asia. There were no U.S. data released today and no market-moving earnings out this morning. ...
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What to Expect From Abercrombie Earnings

Abercrombie & Fitch Co. (NYSE: ANF) is set to post its fiscal fourth-quarter results Wednesday morning before the markets open. Consensus estimates call for earnings per share (EPS) of $1.16 ...
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biotech

Oncolytics Newest Orphan Drug Designation

Oncolytics Biotech Inc. (NASDAQ: ONCY) announced that the U.S. Food and Drug Administration (FDA) granted Orphan Drug designation for Reolysin. Reolysin is the company’s lead product candidate that is designated ...
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2015 Ford F-150

Pickup Sales Post Gains in February — Except at Ford

Ford Motor Co. (NYSE: F) has pinned a lot of its hopes for a good sales year on the all-new F-Series pickup. But February sales of the new trucks didn’t ...
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Premature Talk of GE CEO Immelt Departure May Not Bring Right Outcome

General Electric Co. (NYSE: GE) is the brunt of yet more market chatter that CEO and Chairman Jeff Immelt could step down as chief executive officer next year. This would ...
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