A Threat of Higher 2018 Gas Prices as Oil Hits 2.5 Year Peak
Gasoline prices are driven by several things, including proximity to refineries, states taxes and levies, and oil prices. Oil prices have the largest effect by far.
Archive
Year: 2017
All Year: 2017 Articles
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As Average Age of American Cars Nears 12 Years, a Challenge and Opportunities for Manufacturers
The average age of American cars has risen almost relentlessly for well over a decade. This fact is a double-edged sword for auto makers.
25 Athletes Who Were Huge Disappointments in 2017
In professional sports, it’s tough to stay on top for long. Sure, there are players like LeBron James who dominate their field for over a decade. But for most pro athletes, success is fleeting.…
US Oil Rig Count Flat, Price on Track to Close Above $60
The U.S. land-based oil rig count was unchanged again this week. The natural gas rig count fell by two week over week.
Atara Biotherapeutics Wins FDA Clearance for Late-Stage Trials
Atara Biotherapeutics shares surged on Friday after the firm announced that it received clearance from the FDA to initiate two Phase 3 clinical studies.
Americans Added $1,054 to Personal Debt This Holiday Season
Among Americans who went into debt this past holiday season, the average debt incurred was up 5% year over year to $1,054. Now it's payback time.
Slowing Growth for China’s Smartphone Market Share Leader
Chinese smartphone maker Huawei is expecting its slowest revenue growth in four years for 2017 and is planning to challenge Apple and Samsung next year in phones at the high-end of the market.
Progenics Pharma Surges on FDA Decision
Progenics Pharmaceuticals saw its shares make a solid gain to close out the year after the FDA accepted for review the firm’s New Drug Application (NDA) for Azedra.
How Crude Oil Prices Fared This Year and What Next Year May Bring
The average price for a barrel of WTI crude oil this year will end up at around $50 a barrel, about $10 a barrel below it's current trading price. What does that indicate for…
Top Analyst Upgrades and Downgrades: American Water Works, JB Hunt, Ford, GM, AstraZeneca and More
The top analyst upgrades, downgrades and other research calls from Friday include American Water Works, JB Hunt, Ford, General Motors and AstraZeneca.
Airbus Confirms Largest Ever Order: $50 Billion
Airbus has signed a firm order with private equity firm Indigo Partners to finalize an order for 430 of the aircraft maker's A320neo and A321neo passenger jets. It's the largest single order in the…
Gates Industrial Files for IPO
Global auto and industrial parts manufacturer Gates Industrial has filed with the SEC for its initial public offering.
5 Analyst Top Pick High-Dividend Utility Stocks to Buy for 2018
These five top utility stocks make excellent additions to growth and income total return portfolios looking for safety in 2018.
Goldman Sachs Sees Massive $5 Billion Hit From Cash Repatriation
Goldman Sachs has warned that the company's earnings could be slashed by $5 billion as a result of the new tax law.
GM Wins Important Ruling in Ignition Switch Litigation
In a court ruling issued Thursday in Manhattan, a federal district judge ruled against plaintiffs seeking to introduce expert testimony in allegations against GM related to the defective ignition switch recall begun in 2014.