Airlines Slaughtered on Iraq and Oil
ThinkstockU.S. airlines’ stocks are taking a beating Thursday afternoon as investors react to the turmoil in Iraq and the related rise in the price of crude oil. WTI crude for July delivery is trading…
ThinkstockU.S. airlines’ stocks are taking a beating Thursday afternoon as investors react to the turmoil in Iraq and the related rise in the price of crude oil. WTI crude for July delivery is trading…
BMW GroupIn what the German carmaker calls the “first-ever, mass-produced integration” with a car’s on-board entertainment system, BMW announced on Thursday that ConnectedDrive-equipped BMW and Mini cars will be able to add a GoPro…
In a Thursday post to the company's official blog, Tesla Motors CEO Elon Musk said that the company will not bring lawsuits against "anyone, who, in good faith, wants to use our technology."
Iraq is getting out of control, and with no U.S. presence there, the terrorists or insurgents (or whatever you want to call them) are making serious headway to capture cities and disrupt oil exports.…
When RadioShack's market cap drops below $100 million, it will officially become a penny stock because the company has just over 100 million shares outstanding. We might not have too long to wait.
ThinkstockWhether or not you believe that the United States invaded Iraq in 2003 to preserve access to the country’s oil, the fact is Iraq sits on a lot of crude. According to the U.S.…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 107 billion cubic feet for the week ending June 6. That compared with an increase of around 111…
ThinkstockAfter the American Water Works Association’s Annual Conference & Exposition was held this week in Boston, we have been looking for commentary and analysis for ideas behind the hot and secular theme of investing…
ThinkstockBusiness inventories rose by 0.6% in the month of April. While this report from the Department of Commerce is reported with a one month lag, inventories are an indication that businesses are stocking up…
In an SEC filing Thursday morning, Twitter said that Ali Rowghani has resigned as chief operating officer but will remain with the company "and act as a strategic advisor to the CEO."
ThinkstockAre we supposed to be worrying about inflationary pressures or deflationary pressure in the months ahead? That answer is one in which beauty is in the eye of the beholder. Import and export prices…
Analysts at Cowen say that, while second-quarter earnings estimates are coming down, they believe asset quality will be rewarded and see the crude pricing upside as setting up a buying opportunity.
ThinkstockRetail sales in May rose by only 0.3% on the headline data, short of the Dow Jones target of 0.7% and short of the Bloomberg target of 0.6%. The number was put at $437.65…
The U.S. Labor Department is out with yet another weekly jobless claims report. Claims rose by 4,000 to 317,000 in the past week. Dow Jones was calling for 310,000, and Bloomberg was calling for…
CONSOL Energy announced Thursday morning that it will join with its partner Noble Energyto form a master limited partnership that will provide midstream gathering services for the two companies' jointly owned assets in the…