Coal stack on white

Leveraged Loan Default Rates Soars on Coal Miner Bankruptcies

Since the beginning of March, 77% of leveraged loan default volume has come from metals/mining and energy companies. While the institutional rate for the trailing 12 months was 1.4% at ...
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Traffic Jam

10 Cities With The Worst Traffic

 Urban commuters collectively lost 6.9 billion hours, and 3.1 billion gallons of fuel to traffic delays last year. Excess fuel and lost productivity cost American commuters $160 billion in 2014, ...
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Fed’s Fischer Givers More Clarity on Rate Hike Path

The markets are getting a new look at "just one more" view from the Federal Reserve on the timing of the interest rate hike cycle. Stanley Fischer, Vice Chairman of ...
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Will the Jump in Crude Oil Prices Last?

The spot price for October delivery of West Texas Intermediate (WTI) crude oil settled up more than 10% on Thursday and traded up about 3.5% more in the late morning ...
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Big Lots Rises on Solid Earnings Beat

Big Lots Inc. (NYSE: BIG) reported its fiscal second-quarter financial results before the markets opened on Friday. The company had $0.40 in earnings per share (EPS) on $1.21 in revenue. ...
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Game Over

Despite Solid Earnings, GameStop Tumbles on Guidance and Downgrades

GameStop Corp. (NYSE: GME) reported its fiscal second-quarter financial results after the markets closed on Thursday, but despite solid results this game retailer suffered in Friday’s session. The company posted ...
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Xerox HQ

Xerox: Work Can Work Better and the Art of Losing Money

Xerox Corp. (NYSE: XRX) has decided to waste several million dollars on a marketing campaign about what the company can do for business customers. The title for the campaign is ...
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Consumer Sentiment Drop Takes Stock Market Volatility Into Account

It is the last Friday of the month, so we get to see the revised consumer sentiment reading from the University of Michigan. It is usually the case that revisions are ...
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generic drugs

How Amgen Can Disrupt the Market for Cholesterol Drugs

Amgen Inc. (NASDAQ: AMGN), known as a leading biotech in its field, made waves in the market on Friday morning. This biotech giant has the potential to disrupt the market ...
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lockheed-boeing-long-range-strike-bomber

Do KC-46A Tanker Problems Jeopardize Boeing Bid for New Bomber?

Boeing Co. (NYSE: BA) remains confident that it will meet its commitment to deliver 18 KC-46A tankers to the U.S. Air Force by August 2017. The Air Force is not ...
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Boeing-767-FedEx

UBS Says to Buy 3 Top Transport Stocks After Huge Pullback

Nothing was spared the massive selling we saw over the past week, and the transports were a sector that had already started to come under pressure earlier in the year. ...
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Personal Income Outgrows Spending, Savings on the Rise

The Bureau of Economic Analysis (BEA) has released its reading on personal income and spending for the month of July. Personal income rose by $67.1 billion, or 0.4%, right in ...
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Staples store

Postal Union Continues Effort to Stop Staples, Office Depot Merger

The American Postal Workers Union (APWU) in July won a ruling from the National Labor Relations Board that the U.S. Postal Service acted illegally when it agreed to set up ...
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Meet the Newest Additions to the S&P 500

The S&P 500 is shifting again. The index is adding two new components and dropping two to keep up to speed. Both Activision Blizzard Inc. (NASDAQ: ATVI) and United Continental ...
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amda10

Jefferies Has 3 Chip and Chip Equipment Stocks With Gigantic Upside Potential

One thing a brutal sell-off will do is bring stocks back to places where they look incredibly attractive. One area that was being demolished all year, prior to the recent ...
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