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Best Buy Closes 66 Canadian Stores, Fires 1,500 Workers

Electronics retailer Best Buy Co. Inc. (NYSE: BBY) said Saturday that it is closing 66 of its Canadian Future Shop locations and eliminating approximately 500 full-time and 1,000 temporary jobs. An ...
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Gas Price Still Above $3 In California

California suffers from a perfect storm of conditions which keep gas prices high. While most states have prices of an average gallon of regular below $2.50, California's is $3.21. And in ...
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8 Analyst Stocks Under $10 With Huge Upside Targets

The last full week of March was choppy and took away most of the 2015 gains for the Dow and the S&P. Still, investors keep looking for value, and the ...
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Can Wal-Mart Compete With Amazon in Drone Delivery? Inc. (NASDAQ: AMZN) has added the Dallas-area to its Prime Now one-hour delivery service cities. It joins Manhattan, Brooklyn, Baltimore and Miami as the fifth metropolitan area to get ...
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Ralph Lauren, SanDisk, Chesapeake Lead the 2015 Worst S&P 500 Stocks

This past week was yet another one that took some of the charge out of the bulls. The Dow posted marginal gains on Friday, but this week's drop ticked the ...
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Mercedes-Benz to Launch Pickup Truck

Saying that the market is “primed” for a new mid-size pickup truck from a premium manufacturer, Daimler, maker of Mercedes-Benz cars and vans, said on Friday that it will expand ...
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Hedge Funds Maintain Long Positions as Oil Rig Count Dips

In the week ended March 27, the number of rigs drilling for oil in the United States totaled 813, compared with 825 in the prior week and 1,487 a year ago. ...
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Why a Boeing 787-10 Costs $298 Million

On Friday, Boeing Co. (NYSE: BA) announced that it had finalized an order with All Nippon Airways (ANA) for three of its 787-10 Dreamliners. At a list price of nearly ...
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Wall Street

Massive Market Drop Does Not Slow Down Insider Buying

After a week like this past one, most investors are glad to see the market closed for a couple of days so the dust can settle. Despite the precipitous drop ...
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Insiders Join the Selling Party as Markets Post Steep Drop

While we have seen an increase in insider selling since the end of the fourth-quarter earnings reporting season, this past week's action can hardly be described as panicked. With the ...
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Tesla Shares Plunge Toward 52-Week Low

The collapse of the Tesla Motors Inc. (NASDAQ: TSLA) share price continued throughout the week as it approached a 52-week low. Concerns about margins, the rate of sales increases and ...
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Unemployment Drops Below 4% in 8 States

The headline from the Bureau of Labor Statistics (BLS) report on state unemployment for February is that Nebraska became the state with the lowest unemployment (2.7%), passing perennial leader North ...
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Texas and Louisiana Lead Oil Rig Count Much Lower

Oil may have bounced this week -- last seen at $50.05 late on Friday -- but the count of U.S. and North American drilling rigs is still declining. Baker Hughes ...
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Eight Housing Markets With the Longest Road to Recovery

Location, location, location, it is said, are key to succeeding in real estate. While the value of a single family home nationally may -- at the current pace -- be ...
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Tesla Valuation Concerns Trump Its Growth Prospects

The world has been enamored with the growth, and the cars, of Tesla Motors Inc. (NASDAQ: TSLA). CEO Elon Musk is and iconic visionary with a great message and with ...
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