US Shale Oil Production to Rise by 79,000 Barrels a Day in October

Posted: September 18, 2018 at 11:25 am

Between September of 2017 and September of 2018, U.S. crude oil production from seven major shale regions is forecast to have risen by 1.7 million barrels of oil per day ...
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Meet the New Macy’s Facebook Collaboration: Just in Time for the Holidays

Posted: September 18, 2018 at 11:15 am

Macy’s Inc. (NYSE: M) announced that it would be partnering with Facebook Inc. (NASDAQ: FB) in an effort to expand its e-commerce customer experience. The retail chain also will add ...
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September Homebuilder Confidence Remains Solid, Lumber Prices Pull Back

Posted: September 18, 2018 at 10:55 am

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for September remained unchanged month over month with a reading of 67. Economists polled by Bloomberg were expecting ...
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Merrill Lynch Shows Why Encana Could See 60% Upside

Posted: September 18, 2018 at 10:50 am

Encana Corp. (NYSE: ECA) may be one of the most undervalued companies in the energy patch. The Canadian energy player was given upside of almost 60% in a call from ...
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Eventbrite Raises Price in IPO

Posted: September 18, 2018 at 10:35 am

Eventbrite has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 10 million shares ...
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Plenty of Americans Willing to Bank With Amazon

Posted: September 18, 2018 at 10:25 am

Here's the money question: "If Amazon launched a free online bank account that offered 2% cash back on all Amazon.com purchases, would you sign up to try it?" You might ...
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Merrill Lynch Says Jump on These 5 Dow Jones Industrial Average Laggards

Posted: September 18, 2018 at 9:50 am

They always say that the proverbial rising tide lifts all boats. Stock investors know that is about the farthest thing from the truth, especially in years where the bulk of ...
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Why Viking Therapeutics Fatty Liver Study More Than Doubled Shares

Posted: September 18, 2018 at 9:40 am

Viking Therapeutics Inc. (NASDAQ: VKTX) shares more than doubled on Tuesday after the company announced results from its midstage non-alcoholic fatty liver disease (NAFLD) trial. Specifically, Viking announced positive topline ...
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Apple’s Bet on Sustainability as a Growth Business

Posted: September 18, 2018 at 9:35 am

Now that the new Apple Inc. (NASDAQ: AAPL) products have been launched and shipments have begun, it might be a good time to look at another presentation at Apple's event ...
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iPhone Xs and Xs Max: The first reviews are in

Posted: September 18, 2018 at 9:30 am

The notices range from warm to glowing.   Nilay Patel, The Verge: Solid updates to a winning formula. After a week of using it as my primary phone, the ...
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Top Analyst Upgrades and Downgrades: AMD, Apache, Gold Fields, Marvell, Micron, Oracle, Starbucks, Transocean, United Rentals, Walmart and More

Posted: September 18, 2018 at 9:15 am

Stocks were indicated to open higher on Tuesday. U.S. equity indexes remain very close to their all-time highs, while most international markets are not close to their highs. One issue ...
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Why FedEx Failed to Deliver in Q1

Posted: September 18, 2018 at 8:45 am

When FedEx Corp. (NYSE: FDX) reported its fiscal first-quarter financial results after the markets closed on Monday, the company posted $3.46 in earnings per share (EPS) and $17.1 billion in ...
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Baird Says Stay With the Big 3 Tech Giants for 2019 and Beyond

Posted: September 18, 2018 at 8:40 am

Recently there has been a plethora of negative sentiment directed at some of the biggest technology companies, and some of it with good reason. We are in uncharted waters when ...
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Audi Introduces Its Answer to the Tesla Model X

Posted: September 18, 2018 at 8:00 am

Volkswagen's Audi group on Monday took the wraps off the company's first all-electric luxury midsize sport utility vehicle, the Audi e-tron. The vehicle won't be available until the second quarter ...
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Apple ducks Trump tariff bullet, stock takes dive

Posted: September 18, 2018 at 7:55 am

The Street is pricing in the worst-case scenario despite evidence that Apple is better off than most.   Anticipating the latest round of Chinese trade tariffs, Apple shares fell ...
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