Rail Traffic Jam Could Take Months to Clear, Hurt Earnings
Recent bad weather, a surge in crude shipments and a record grain crop have combined to create a jam in cargo delivered by rail. Train speeds have dropped around 9% ...Read Full Story »
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FAA Warned About 777 Body Crack Problems
The FAA sent out an “airworthiness directive” about the Boeing 777 days before Malaysia Airlines Flight 370 went missing. The missing plane is a 777. This may further speculation that a mechanical failure is among the most likely reasons for the plane’s disappearance. The FAA report commented: We are adopting a new airworthiness directive (AD) […]
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Toyota Named Most Valuable Car Brand
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Analyst Says Not to Chase J.C. Penney's Citigroup Upgrade
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Back to Normalcy at Geron
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NYSE Stocks With the Most Short Interest
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Low P/E High-Dividend Blue Chip Leaders to Buy Now
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Candy Crush Maker IPO Already Beating Zynga Valuation
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What to Do (and Not Do) If You Win the $353 Million Lottery
It's back! Already! Can you believe that another major lottery drawing is here? The Pennsylvania Lottery system has not yet produced a new winner, and the Mega Millions jackpot is now ...Read Full Story »
GM Offers Owners of Recalled Cars a Loaner, Cash Back on New Purchase or Lease
General Motors Co. (NYSE: GM) has notified its dealers that they may provide owners of models identified as having the ignition switch defect with towing service, a loaner car and ...Read Full Story »
Tesla Loses New Jersey Sales Fight, Now Tries to Save Ohio
The New Jersey Motor Vehicle Commission on Tuesday voted to ban the direct sales model used by Tesla Motors Inc. (NASDAQ: TSLA) to sell its cars. The state's auto dealers ...Read Full Story »
Nine Retailers Closing the Most Stores
Brick-and-mortar retailers have been suffering from slow economic activity for years, as well as from increased competition from online retailers. The rise in store closings is a prominent sign of ...Read Full Story »
OPEC Forecasts Higher Crude Demand in 2014
The Organization of Petroleum Exporting Countries (OPEC) released its Monthly Oil Market Report Wednesday morning, and the headline number is an increase of 50,000 barrels a day to the cartel's ...Read Full Story »
SolarCity Teams Up With Best Buy to Sell Solar
SolarCity Corp. (NASDAQ: SCTY) and Best Buy Co. Inc. (NYSE: BBY) have teamed up to help customers go solar. The aim for the solar panel installer is to get face ...Read Full Story »
Short Interest Generally Wanes in High-Yield Dividend Stocks
The short interest data for the final two weeks of February is out, and the results are somewhat surprising when it comes to the top high-yield safe dividends out there. ...Read Full Story »
Zogenix Tumbles on Fears Its Pain Drug May Lose Out to a Rival
Shares of Zogenix Inc. (NASDAQ: ZGNX) fell as much as 26% on Wednesday after a rival pharmaceutical company said it will seek regulatory approval of a tamper-proof version of Zogenix's ...Read Full Story »
Crude Oil Inventory Rise Pushes Prices Lower
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.2 million barrels last week, maintaining a total U.S. commercial ...Read Full Story »
3D Printing Sector Still Attractive to Short Sellers
We continue to track the short interest changes in the primary 3D printer and services companies. The following information is based on data reported for the period ended February 28, ...Read Full Story »
How Low Can GM Go If It Faces Criminal Charges?
Despite there being a good possibility that General Motors Co. (NYSE: GM) will not face any legal liability for many of the 13 deaths caused by an ignition defect in ...Read Full Story »
Analyst Says Not to Chase J.C. Penney’s Citigroup Upgrade
J.C. Penney Co. Inc.'s (NYSE: JCP) long-suffering shareholders recently got a break when Citigroup went out on the contrarian limb and upgraded the stock to Buy after the company finally ...Read Full Story »
Back to Normalcy at Geron
Geron Corp. (NASDAQ: GERN) is getting a reality check on Wednesday. After a recovery from years of disappointment, this is starting to feel again like the Geron that everyone knew ...Read Full Story »
Moody’s Warning Over Junk Bond Debt Covenant Quality
If you invest in high-yield bonds, the so-called junk bond market, Moody's has a warning for you. The ratings agency issued a report on Wednesday showing that the quality of ...Read Full Story »
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