June Sales of Existing Home Fall Short of Estimates
Sales of existing homes dipped 1.7% month over month in June and more than 2% compared with June 2018, according to the National Association of Realtors.
All Work
Paul Ausick
What to Expect When Boeing Reports Q2 Results Wednesday
Expectations have been dialed back sharply on Boeing's second-quarter earnings. Is there anything that might be a positive surprise for investors?
Why Lockheed Martin Earnings Sent Investors Fleeing
Lockheed Martin's better-than-expected earnings and sales along with raised guidance for the fiscal year were not enough to quell investors' fears of bad news ahead.
IMF Sours Further on Global Economy
The International Monetary Fund on Tuesday issued its mid-year revisions to the agency's World Economic Outlook. The view is not encouraging.
Apple’s Strategic Plan for Cellular Modems
Apple is reportedly close to making an offer to acquire Intel's modem business for around $1 billion. This is good news for both companies, not so much for Qualcomm.
United Technologies Earnings Provide Some Lift for Aerospace Sector
United Technologies reported second-quarter earnings Tuesday morning that beat on both the top and bottom lines.
Will Q2 Results Push Coca-Cola Stock Price Target Higher?
Coca-Cola's second-quarter earnings have pushed shares higher. The company raised its revenue and income guidance.
US Gas Prices Fell Last Week for the First Time in Weeks
U.S. retail prices for gasoline fell last week for the first time in several weeks. The decline may continue for a while depending more on geopolitics than supply (which is high) and demand (which…
Chicago Fed June Index Nears Historical Trend
The Chicago Federal Reserve Bank released its June national activity report Monday morning. The U.S. economy has moved to within a hair's breadth of the long-term trend, strengthening the case for a small reduction…
Equifax Strikes a $671 Million Deal Over 2017 Data Breach
Credit-reporting bureau Equifax has settled a host of investigations by federal and state authorities for $671 million, the largest settlement ever related to a breach of consumer data.
Can Halliburton’s Results Improve Going Forward? — Updated
Oilfield services firm Halliburton reported second-quarter earnings Monday morning that beat expectations but were light on revenues.
This Is How Fast America’s Gas Stations Run Out of Gas During Natural Disasters
Natural disasters like floods and hurricanes can disrupt supplies of gasoline to local gas stations. Analysts at GasBuddy have looked at some past storms to find out how long quickly gas stations run out…
As Demand for Oil Falters, Can Schlumberger’s Good Results Last?
Oil field services company Schlumberger reported profits that matched expectations and revenues that were above estimates. But the industry outlook is far from encouraging.
How Bad Is Boeing’s $4.9 Billion Charge?
After markets closed Thursday, Boeing announced that it would take an after-tax charge of $4.9 billion in the second quarter related to the grounding of its best-selling 737 Max jets.
After a Record Year, the Number of New Women CEOs Slips
Over the first six months of 2019, more than 600 U.S. CEOs have been replaced. Women nabbed just 131 of those jobs.
US Consumers Spending Big as Back-to-School Season Ramps Up
Back-to-school shopping is in full swing and consumers appear ready to spend more for each student. However, there are fewer students this year, so total spending is expected to be lower.
Couldn’t IBM Have Said Something About Red Hat When It Reported Q2 Results?
IBM reported second-quarter results after markets closed Wednesday. Big Blue beat on earnings and revenues but investors want to hear about Red Hat and the company was mostly mum on the subject.
Why Kinder Morgan Shares Are Sagging
Energy infrastructure giant Kinder Morgan reported better-than-expected earnings and slightly light revenues after markets closed Wednesday.
Chopped CSX Outlook Weighs on All Railroad Stocks
Railroad operator CSX missed second-quarter revenue estimates when it reported results Tuesday evening. Then the company cut its outlook for the rest of the year, ensuring that all railroad stocks would slip Wednesday.
Verizon First, Sprint Stomped in New Wireless Performance Study
The proposed merger between Sprint and T-Mobile won't change the performance pecking order among the major U.S. mobile network carriers.