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Year: 2013

All Year: 2013 Articles

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January New Car Sales Forecast at 15.4 Million

courtesy of Kia MediaIn December 2012, new car and light truck sales in the U.S. came in at about 15.4 million units sold. According to TrueCar.com, forecast sales for January put new light vehicle…

Paul Ausick · 14 years ago

Good Jobs for College Grads — Or Just Jobs?

ThinkstockThe kinds of jobs that don’t require a college degree probably hasn’t changed much in the last 30 or more years. What has changed is the number of those jobs now filled by college…

Paul Ausick · 14 years ago

Hess to Close Refinery, Sell Terminals

ThinkstockAs if anyone needed more evidence of the difficult path to profits in the oil refining business, Hess Corp. (NYSE: HES) said this morning that it will shut down its Port Reading, N.J., refinery…

Paul Ausick · 14 years ago

Chevron Backs Up Charges in $18 Billion Ecuadorian Judgment

courtesy of Chevron Corp.In documents filed with the federal district court in Manhattan this morning, Chevron Corp. (NYSE: CVX) for the first time included evidence of bribery in the $18 billion judgment against the…

Paul Ausick · 14 years ago

Today’s Market Winners and Losers

The stock market is down Monday, with the Dow Jones Industrial Average down 0.20%, the Nasdaq down 0.04% and the S&P 500 down 0.39%. Today’s sole winner is a pharmaceutical company with a kidney drug…

247sam · 14 years ago

December Pending Home Sales Slide on Supply Limitations

ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending home sales in December. The index fell 4.3% from a downwardly revised 106.3 in November to 101.7, and it is 6.9%…

Paul Ausick · 14 years ago

Debt Ceiling Deal Removes Risk — Fitch

ThinkstockThe recent agreement on the U.S. debt ceiling has removed the near-term risk to the United States’ AAA sovereign debt rating, according to Fitch Ratings. The agency said, “Without the distraction of a near-term…

Paul Ausick · 14 years ago

Caterpillar’s Chinese Woes Weigh on Earnings

ThinkstockCaterpillar Inc. (NYSE: CAT) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the heavy equipment firm posted diluted earnings per share (EPS) of $1.04 on revenues of $16.08…

Paul Ausick · 14 years ago

Biogen Idec Results Mixed

ThinkstockBiogen Idec Inc. (NASDAQ: BIIB) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the biotech firm posted adjusted diluted earnings per share (EPS) of $1.40 on revenues of…

Paul Ausick · 14 years ago