US Adds More Oil Rigs Despite Low Crude Prices
In the week ended July 10, the number of rigs drilling for oil in the United States climbed to 645, according to the latest Baker Hughes North American Rotary Rig Count.
Archive
Year: 2015
All Year: 2015 Articles
Newest first · Page 291Marijuana Price Slips to $1,712
For the week ended Friday, July 10, the spot price index for a pound of cannabis ticked down from the prior week.
Short Interest in Apple Jumps
Short interest in Apple rose by more than 3 million shares in the most recent period, making Apple the 10th most shorted stock on the Nasdaq.
The 52-Week Low Club for Friday
ThinkstockJuly 10, 2015: Here are four stocks among the 85 equities making new 52-week lows today. Sprint Corp. (NYSE: S) posted a new 52-week low on Friday. Shares dropped about 4% to a low…
America’s 25 Most Decadent Frozen Treats
We all want to treat ourselves now and again, and on a hot summer day, one way to cool off is with a cold, decadent frozen drink from a local eatery. We’re not talking…
The 4 Stocks That Lifted the Dow on Friday
thinkstockJuly 10, 2015: Markets opened higher for the second day in a row on Friday following a better-than-expected increase in inventory levels. Even Fed chairwoman Janet Yellen’s remarks that a rate hike is still…
What a Sikorsky Sale Would Mean for Lockheed and United Tech
If the reports are accurate, Lockheed Martin may be paying $8 billion or more to United Technology for its Sikorsky unit.
Key Analyst Sees 15% Upside in Costco
Despite Costco shares having a relatively flat 2015 thus far, one key analyst sees solid upside for the discount giant.
Investment Firm Adds 44 Million Shares of Avon to Portfolio
Capital Research Global Investors has revealed that it has raised its stake in Avon Products to 11.3%.
Janet Yellen Sticks by Late 2015 Rate Hike Timing
If you think that Greece and China are going to keep the Federal Reserve from starting to raise interest rates later in 2015, you might want to see what Chair Janet Yellen's latest commentary…
Biogen Loses Its Head of Research and Development
Biogen announced on Friday that it is losing its head of research and development at the end of July.
Key Analyst Sees Buying Opportunity at GrubHub
As GrubHub continues to grow and expand into more local markets, analysts are taking note, and their reaction has been good despite a weak performance on the year.
Shareholder Lawsuit Against Petrobras to Proceed
Petrobras said Friday morning that a federal judge in New York dismissed some but not all the claims in the suit and that the trial will begin no later than February 1, 2016.
What Schlumberger and Kinder Morgan Earnings Will Mean for Oil Sector
Among the more interesting earnings reports due next week are those from two leading energy sector players: Schlumberger and Kinder Morgan.
Wholesale Trade and Inventories Not Enough to Change GDP Targets
ThinkstockThe U.S. Census Bureau released its wholesale trade data for the month of May. While the numbers were off expectations, it may not be by anywhere close enough to alter second-quarter gross domestic product…