Author Archives: Trey Thoelcke

elevators

United Tech Earnings Beat, Rosy Outlook Can’t Stop Pullback

Posting better-than-expected results for the most recent quarter, along with an improved earnings outlook for the full year, was not enough to halt the recent slide in shares of United ...
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Comcast-Logo

Comcast Earnings Buoyed by Growth in Business Services, Internet Customers

Comcast Corp. (NASDAQ: CMCSA) reported second-quarter results before markets opened Tuesday. The cable operator posted adjusted earnings per share (EPS) of $0.76 on revenues of $16.84 billion. In the same ...
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HP_logo

Investors Unfazed by Board Changes at Tech Giants

Investors appear largely unfazed by announced board changes at tech giants Hewlett-Packard Co. (NYSE: HPQ) and Google Inc. (NASDAQ: GOOGL). Shares of the former were up Wednesday in early afternoon ...
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Merger

Whiting Becomes Biggest Bakken Shale Player With Buyout of Kodiak

Savings and scale appear to be the primary reasons behind the impending merger of Kodiak Oil & Gas Corp. (NYSE: KOG) and Whiting Petroleum Corp. (NYSE: WLL). The two exploration ...
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drone

San Diego Utility to Test Drones

On Friday, San Diego Gas & Electric announced that it was the first utility in the United States to be granted approval from Federal Aviation Administration (FAA) to test drones ...
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hauling logs

Weyerhaeuser Joins the 5 Most Shorted NYSE Stocks

Weyerhaeuser saw a sharp rise in short interest between the June 13 and June 30 settlement dates, lifting it into the top five most shorted stocks on the New York ...
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apple-logo

Apple Short Interest Drops by 13 Million

Apple held on to its spot among the top five most shorted stocks on the Nasdaq between the June 13 and June 30 settlement dates, even though short sellers shied ...
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air travel

United Continental Gives Airlines a Lift

United Continental Holdings Inc. (NYSE: UAL) offered a lift to airline stocks on Thursday after announcing late Wednesday that its passenger revenue per available seat mile (PRASM) increased by 3.5% ...
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cannabis

Washington State Issues First Retail Marijuana Licenses

Washington state issued its first retail marijuana licenses on Monday. The state's Liquor Control Board notified two dozen stores so they could prepare before they are allowed to open their ...
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global economy

OECD Projects Slowing Global Growth, Rising Income Equality to 2060

A new study from the Organisation for Economic Co-operation and Development (OECD) projects that global economic growth will slow and income inequality will continue to rise to 2060. The "Policy ...
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drone

FAA Behind Schedule Bringing Drones Into U.S. Airspace

An audit report from the Department of Transportation's Inspector General warns that Federal Aviation Administration (FAA) is "significantly behind schedule" in meeting the September 2015 deadline set by Congress for ...
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NYSE-flag

Short Interest Rises in Most Shorted NYSE Stocks

Bank of America saw a sharp rise in short interest between the May 30 and June 13 settlement dates. It and four of its companions in the top six most ...
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apple-logo

Apple Joins the Five Most Heavily Shorted Nasdaq Stocks

A surge in short interest in Apple shares between the May 30 and June 13 settlement dates was enough to lift the tech giant into the top five most shorted ...
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cloud computing

Why Oracle Made a Bid for Micros Systems

In an attempt to gain a stronger foothold in the retail and hospitality industries, Oracle Corp. (NYSE: ORCL) reportedly is nearing a deal to acquire Micros Systems Inc. (NASDAQ: MCRS). ...
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apple-logo

Apple to Hire 1,000 Marketers

As criticism that it has failed to innovate is on the rise, Apple Inc. (NASDAQ: AAPL) is responding by taking more of its marketing into its own hands, according to ...
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