Why Do Americans Buy Undependable Cars?
ThinkstockThe top-selling cars in the U.S. in January came from General Motors Co. (NYSE: GM) with total sales of about 195,000 vehicles, Ford Motor Co. (NYSE: F) with sales of about 166,000, Toyota Motor…
All Work
Paul Ausick
Is 3D Printing the Next Big Thing — or the Next Solyndra?
ThinkstockLast night in his State of the Union speech, President Obama referred to a “state-of-the-art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make…
Crude Price Rises after EIA Inventory Report
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 600,000 barrels last week, bringing the total U.S. commercial crude inventory to 372.2 million…
Energy Independence by 2020 — Citigroup
ThinkstockIn a report titled “Energy 2020: Independence Day,” analysts at Citigroup Inc. (NYSE: C) suggest that the United States may achieve energy independence by the end of the current decade. The analysis is based…
Dean Foods Slides on Weaker Forecast
ThinkstockDean Foods Inc. (NYSE: DF) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $0.40 on…
Deere Crushes Estimates, Guidance Is Cautious
ThinkstockDeere & Co. (NYSE: DE) reported first-quarter fiscal 2013 results before markets opened this morning. The farm and heavy equipment maker posted adjusted diluted earnings per share (EPS) of $1.65 on revenues of $7.42…
Total’s Profits Bolstered by Refining
ThinkstockTotal S.A. (NYSE: TOT) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the French oil giant posted adjusted diluted earnings per share (EPS) of $1.76 on revenues of…
Large Drop in Mortgage Applications Last Week
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 6.4% in the group’s seasonally adjusted composite index, following a rise of 3.4% for the previous…
Clearwire Misses Estimates, but It Won’t Matter
ThinkstockClearwire Corp. (NASDAQ: CLWR) reported fourth-quarter and full-year 2012 results after markets closed today. For the quarter, the wireless carrier posted an adjusted earnings per share (EPS) loss of $0.28 on revenues of $311.24…
24/7 Wall St. Closing Bell — February 12, 2013: Markets Close Mixed in Another Yawner (CHK, FB, LVS, RGLD, DD, LGF, AVP, CPLA, FOSL, HERO, LVLT, KORS, RAI, KO, MHP, TRP, RATE, BWLD, CLWR, RAX, CMCSA, DF, DE, TOT, ZNGA, LDK)
U.S. equity markets opened about flat this morning on another day devoid of significant data releases. In Asia, markets in China and Hong Kong remain closed for the holiday, but Japan’s Nikkei closed higher.…
Intel Goes After Set-Top Box Market
Wikimedia CommonsOne of the worst-kept secrets in the technology world was finally confirmed today. Intel Corp. (NASDAQ: INTC) is building an Internet TV set-top box that it says will launch by the end of…
U.S. Greenlights Cnooc Acquisition of Nexen
ThinkstockThe Committee on Foreign Investment in the U.S. (CFIUS) has given its approval to the $15.1 billion acquisition of Nexen Inc. (NYSE: NXY) by China’s Cnooc Ltd. (NYSE: CEO). The Canadian government approved the…
Gasoline, Oil Price Forecasts Higher in February — EIA
ThinkstockIn its monthly Short-Term Energy Outlook released today, the U.S. Energy Information Administration (EIA) has raised its average price for a barrel of Brent crude from $105 to $109. The forecast price for a…
More Loans for Homebuyers, Fewer Refinancings in 2013 — CoreLogic
ThinkstockIn its February MarketPulse report, residential property research and services firm CoreLogic Inc. (NYSE: CLGX) identifies the trends it sees in the U.S. economy and in the U.S. real estate market. One important factor…
Dell Investor Gets Serious About Low Price
courtesy Dell Inc.Southeastern Asset Management intends to push harder against the buyout of Dell Inc. (NASDAQ: DELL) by founder Michael Dell and his partners. Southeastern, which owns a stake of about 8.44% in Dell,…
OPEC Raises Annual Demand Forecast
thinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its monthly Oil Market Report this morning and raised its forecast for demand growth in 2013 to 89.7 million barrels a day, a rise of 800,000…
Solar Stocks’ Short Interest Swings Mostly Moderate (CSIQ, FSLR, GTAT, WFR, SPWR, JASO, LDK, STP, TSL, YGE)
ThinkstockWe have tracked the short interest in the following North American Solar companies as of January 31: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR). G.T. Advanced Technologies Inc. (NASDAQ: GTAT), MEMC…
Short Interest Repositions in Chip Makers (INTC, AMD, QCOM, ARMH, MU, SNDK, BRCM, MRVL, NVDA, TXN, AMAT, SMH)
ThinkstockWe have tracked the key short interest changes as of January 31 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…
Oil and Gas Short Interest Focused on Production, Services (BHI, BP, CHK, CVX, COP, EPD, XOM, KMI, NOV, PSX, SLB, RIG, VLO)
ThinkstockWe have tracked the key short interest changes as of January 31 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK); Chevron…
Coca-Cola’s Results Hit by Currency Headwinds
courtesy of The Coca-Cola CompanyThe Coca-Cola Co. (NYSE: KO) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the soft-drink maker posted diluted earnings per share (EPS) of $0.41…