JC Penney, General Electric Topple Into Thursday’s 52-Week Low Club
General Electric, Rite Aid, J.C. Penney, and Teva all posted new 52-week lows with high volume on Thursday.
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Year: 2017
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Disney, Verizon Sink DJIA Thursday
Disney, Verizon, Goldman Sachs, and UnitedHealth were the worst-performing stocks in the DJIA Thursday.
Are Analysts Secretly Calling Gilead a Screaming Buy?
Sometimes it turns out that great growth companies eventually run into the day when getting the growth of the past is not possible. That has been the case of Gilead Sciences since 2015.
What to Look For in Bank of America Earnings
Bank of America is set to report its most recent quarterly results before the markets open on Friday.
Western Digital Announces Tech Breakthrough for Hard Drives
Hard drive maker Western Digital on Wednesday announced a new disk drive technology able to stuff a record amount of information on one square inch of a disk platter.
What to Expect When Wells Fargo Reports Earnings
Wells Fargo is scheduled to release its third-quarter financial results before the markets open on Friday.
CarGurus Shares Erupt in IPO
CarGurus entered the market with a bang on Thursday. In just its opening day, this is easily one of the most explosive IPOs we have seen this year.
Move to Mexico Possible If GM Canada Strike Continues
The president of the Canadian union representing striking GM workers said this morning that the company is ramping production in Mexico, threatening to transfer jobs if the strike is not ended.
Crude Oil Price Stems Losses as Inventories Shrink
U.S. crude oil inventories declined last week, but gasoline inventories rose. Exports also declined from record highs.
Most Popular Album the Year You Were Born
The American music industry is not doing very well. While music consumption is at an all-time high because of digital platforms, revenues from music sales are about half of what they were in 1999.…
Why J.Jill Shares Are Getting Cut in Half
J.Jill shares fell into a tailspin on Thursday after the company updated its third-quarter guidance.
Natural Gas Price Ticked Down on Expected Storage Increase
The U.S. natural gas inventory increased by 87 billion cubic feet last week, right in the middle of the expected range. The coming winter is forecast to be colder than last year, good news…
Why Infinity Pharmaceuticals Shares Are Surging
Infinity Pharmaceuticals saw its shares almost double early on Thursday after the company announced good news.
GM to Close Plant for 6 Weeks, Lay Off 1,500 Workers
GM is reportedly set to halt production on four of its slow-selling cars for the last six weeks of the year in an effort to align inventory with demand.
US Managers Not Reluctant to Email Subordinates After Hours, Study Says
The vast majority of managers in the United States said they would contact their employees outside of work hours, unlike supervisors in many European countries where emailing subordinates after hours is banned by law.