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Crude Price Falls on Huge Inventory Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 10.3 million barrels last week, maintaining a total U.S. commercial ...
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Exxon Mobil Logo

Is a 12% Capex Cut by Exxon Mobil Realistic?

Exxon Mobil Corp. (NYSE: XOM) on Wednesday offered investors a look at its plans for the next three years. In an investor day presentation in New York, Exxon said it ...
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Aluminum

Why Merrill Lynch Threw In the Towel on Aluminum

Big aluminum took a hit Tuesday morning when Merrill Lynch issued downgrades for both Alcoa Inc. (NYSE: AA) and Century Aluminum Co. (NASDAQ: CENX). The downgrades were the direct result ...
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Staples store

Why Starboard Sees Staples Worth Another 100% More After Office Depot Merger

Staples Inc. (NASDAQ: SPLS) has already rallied handily from its bottom, due in part to the consolidation plans to acquire Office Depot (NYSE: ODP). Staples has been the target of ...
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Dow Chemical logo

UBS Makes Big Changes to Equity Focus List For March

The higher the markets go, the more the major Wall Street firms are becoming content to really start taking some profits off the table and shifting allocations to stocks that ...
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GoPro logo

What Ambarella Results Might Mean for GoPro

Ambarella Inc. (NASDAQ: AMBA) reported its earnings after the close Tuesday, and the results were very positive for the video chip producer. Both earnings and revenue came in well above ...
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Samsung s6

4 Chip Stocks That Are Big Winners With New Samsung Galaxy S6

With the Apple iPhone 6 absolutely crushing sales records around the globe, one company is making sure that it does the very best to hold serve in the increasingly tough ...
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blue jeans

Abercrombie & Fitch Makes Little Headway in Turnaround Effort

Abercrombie & Fitch Co. (NYSE: ANF) reported fourth-quarter and fiscal 2014 results before markets opened Wednesday. For the quarter, the specialty retailer posted adjusted diluted earnings per share (EPS) of $1.15 ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Alcoa, Apache, Bob Evans, F5 Networks, McDonald’s and More

Stocks were indicated marginally lower again on Wednesday after hitting new highs last week and after the Nasdaq hit 5,000 for the first time in 15 years. The one trend ...
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February ADP Below Estimates, Shocking January Revision

ADP has released its February private sector payrolls report, and on the surface it looks disappointing. This is also what we initially thought about the previous month, at least before it was ...
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biotech

The 5 Most Loved Biotech Stocks of Portfolio Managers

With the market continuing to grind higher, and the memories of the first time the Nasdaq hit 5,000 getting a fair amount of airplay and commentary, the question for most ...
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iPhone6

Samsung’s Startling Market Share Decline in Q4

When Apple Inc. (NASDAQ: AAPL) reported fourth-quarter iPhone sales of more than 74 million units worldwide, the company overtook rival Samsung Electronics as the unit shipment and share leader in ...
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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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truck

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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