Stock Price

Wells Fargo, Cognizant in Friday’s 52-Week Low Club

September 30, 2016: Here are four stocks trading with relatively heavy volume among 40 equities making new 52-week lows in Friday's session. Cognizant Technology Solutions Corp. (NASDAQ: CTSH) dropped more ...
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stock market

Wal-Mart, Chevron Lead DJIA Friday Surge

September 30, 2016: Markets opened higher again Friday after Deutsche Bank CEO John Cryan assured employees that the bank's capital position was better and more liquid than it had been ...
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Low Pay

Companies Paying Americans the Least

Wal-Mart, the world’s largest company and private employer, recently raised the minimum wage of its employees to $10 an hour. Since the company’s announcement last year, several of the ...
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Nutanix Enters the Market With a Bang

Nutanix Inc. (NASDAQ: NTNX) entered the market with a bang. The company priced its 14 million shares at $16, above the expected pricing range of $13 to $15 per share, ...
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LNG tanker

Why Cheniere Is Acquiring Cheniere Holdings

Cheniere Energy Inc. (NYSE: LNG) announced Friday morning that it has offered to acquire all publicly held shares of Cheniere Energy Partners LP Holdings (NYSEMKT: CQH) that it does not ...
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pocket money

The Impact Reduced Middle Class Wages Have Had on the US Economy

From The Fiscal Times In the Washington Post this morning, former Treasury Secretary Lawrence Summers flags a working paper published earlier this summer by the International Monetary Fund that detects a massive ...
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Winter Weather May Damage Citrus Industry

A deceptively mild start to the 2016-2017 winter season in the southeastern United States is expected to give way to a sudden burst of cold air in mid- to late ...
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gavel and cash money

Och-Ziff Settles With SEC Over Bribery Charges

The U.S. Securities and Exchange Commission (SEC) recently announced that Och-Ziff Capital Management Group (NYSE: OZM) has agreed to pay nearly $200 million to the SEC to settle civil charges ...
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Pocket iPhone

Firm Offers $1.5 Million for Apple iOS Jailbreak

Zerodium, which is part of the exploit acquisition platform software sector, has offered $1.5 million for a complete hack of the iOS 10 from Apple Inc. (NASDAQ: AAPL). Zerodium describes ...
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warehouse with forklift

Chicago Purchasing Managers Index Rises in September

September's Chicago Purchasing Managers Index reading came in better than expected. The monthly index rose to 54.2 from a 51.5 reading in August. Bloomberg had its consensus estimate placed at just 52.0 for ...
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China button

Lexmark Receives CFIUS Approval for China Deal

Shares of Lexmark International Inc. (NYSE: LXK) jumped on the news that it received approval from the Committee on Foreign Investment in the United States (CFIUS) for its Apex deal. Essentially, ...
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Money close-up

Credit Managers Showed Recovery in September

Most economists and investors might be tempted to overlook the national Credit Managers Index (CMI) released by the National Association of Credit Management each month. The reading never moves the ...
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CalAmp Stumbles Over Earnings

CalAmp Corp. (NASDAQ: CAMP) shares tumbled on Friday after it released its fiscal second-quarter financial results late on Thursday. The company said that it had $0.27 in earnings per share (EPS) on ...
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Money wallet, income copy

Personal Income Rises for August, Spending Not So Much

The Bureau of Economic Analysis (BEA) has released its reading for personal income and spending for the month of August. Personal income increased by $39.3 billion, or by 0.2%, and ...
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Oil worker

OPEC Production Cut Could Be Big for Top Oilfield Services Stocks

The sustained low price of oil finally has gotten to the OPEC member nations, and Wednesday they did something about it. In an unexpected move, the cartel agreed on a ...
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