Walmart, Intel Lead DJIA Lower Friday
Walmart, Intel, Coca-Cola, and United Technologies were the poorest performing DJIA stocks on Friday.
Archive
Year: 2017
All Year: 2017 Articles
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US Oil Rig Count Steady, Crude Price Slips Less Than 1% for the Week
There was no change to the U.S. count of land-based oil rigs this week. The count of rigs drilling for natural gas rose by eight, however, helping keep a lid on prices.
20 Stores Open on Thanksgiving
This upcoming Thanksgiving weekend, 164 million Americans, or close to 70% of the U.S. population, will start their holiday shopping. And, according to the National Retail Federation, an estimated 1 in 5 of those…
Cost of a Thanksgiving Meal the Year You Were Born
Approximately 285 million Americans sit every year on the fourth Thursday of November to celebrate Thanksgiving. With 88% of the country sharing a similar meal on the same day, price fluctuations in any of…
Volkswagen Accelerates Electric Car Effort With $40 Billion Investment
Volkswagen on Friday announced strategic commitments totaling some $82.5 billion in electric cars and other new technologies as the company maps a strategic direction for the future.
Stitch Fix Enters the Market With a Bang
Stitch Fix ended up pricing its 8 million shares at $15 per share. However, shares actually entered the market closer to $16.90.
2017 Data Breaches Approach 1,200 Incidents
Nearly 1,200 data breaches have been reported so far this year to the Identity Theft Resource Center, already above last year's record total. Whoever said crime doesn't pay never took a look at the…
Why Moody’s Cut GE Debt Ratings
Moody's Investors Services has cut its rating on GE senior unsecured debt by one notch to A2 based on the struggling industrial giant's many challenges.
Strong Q3 Results Push Splunk to Multiyear High
After Splunk reported better-than-expected fiscal third-quarter financial results late on Thursday, shares soared on Friday.
Why Abercrombie & Fitch Is Friday’s Biggest Earnings Winner
While the retail sector has been under assault by Amazon, most companies have been fairly muted in their performance. But it seems like Abercrombie & Fitch is breaking out, at least for now.
October Housing Starts Up Sharply as Rebuilding Begins
October housing starts rose nearly 14% month over month according to the latest report from the Census Bureau. Rebuilding has taken hold in the South as Americans rebuild following the summer's hurricanes.
Can Flannery Buy More Faith in GE?
It seems that GE's recently appointed CEO, John Flannery, is taking an increased stake in the company in hopes that it will turn around. But is it too late?
Analysts See 4 Fiber Optic Technology Winners as China Heats Up
All these companies are solid pure-plays and make good buys at current trading levels. When China demand picks up, so will the prospects for these well-run companies.
Daimler Sues Amazon Over Fake Mercedes-Benz Wheel Caps
Mercedes-Benz maker Daimler has filed suit in Los Angeles federal district court alleging that Amazon is selling fake Daimler products, knows about the fakes, and takes no serious action to stop the sales.
How Strong Comps Continue to Push Gap Even Higher
The Gap reported better-than-expected fiscal third-quarter financial results after the markets closed on Thursday.