Keycorp, eBay Drop Into Monday’s 52-Week Low Club
Keycorp, eBay, Schlumberger, and Clovis Oncology all posted new 52-week lows Monday.
All Work
Paul Ausick
US Gas Prices Dropped Again Last Week
The national average price for a gallon of regular gas dropped by nearly 5 cents last week and nearly every state saw a decrease in pump prices for the period.
More Than Half of US Jobs Could Be Automated Over the Next 20 Years
Researchers at the Federal Reserve Bank of St. Louis say that more than half of U.S. jobs could be automated in 20 years.
Netflix Can’t Wait to Issue More Debt
Netflix announced this morning that it plans to issue about $2 billion in new senior unsecured debt in two series, one denominated in dollars and one in euros. The company's debt rating was raised…
Lampert Seeks Help for Loan to Sears: Reuters
Reuters reported exclusively Monday morning that Sears Chair Eddie Lampert is seeking a partner to provide an additional $300 million loan to help finance the company's bankruptcy.
Should Investors Really Be Pleased With Halliburton Earnings?
Oilfield services provider Halliburton reported quarterly results Monday morning that were slightly better than analysts expectations. Investors appear satisfied but the company's bar was set pretty low and the outlook could be shaky.
IPO News This Week: 5 Firms Seeking $1.7 Billion in New Capital
Five firms plan to complete IPOs in the coming week, raising a total of nearly $1.7 billion. The week's dominant offer comes from a Brazilian payment processing firm seeking to raise $1 billion.
Why Staying in Your Starter Home May Be a Good Idea
Would you be better off staying in your starter home or putting it on the market and moving up to a larger one? Here are some things to keep in mind as you consider…
Tesla Inches Toward Profitable $35k Model 3
Loup Ventures analysts Gene Munster and Will Thompson look at Tesla's announcement for new, less expensive Model 3 sedan.
iPhone Xr Lead Times Short but Remain Optimistic
Analyst Gene Munster at Loup Ventures reports on first-day pre-orders for Apple's iPhone Xr.
Apple Again Top-Performing Dow Stock, but Merck Is Closing In
Apple shares dipped again last week, but the company managed to hold onto its rank as the top-performing Dow stock for the year to date. Shares are up nearly 30% in 2018.
DowDuPont Cements Its Rank as Dow’s Poorest Performer
DowDuPont returned for another week as the year-to-date's worst-performing Dow stock. In a filing related a planned spin-off of the company's agricultural business, DowDuPont added a bit of a surprise for investors.
Can Exxon Mobil and Chevron Earnings Escape the Oil Trap?
Crude oil prices have been volatile for the past couple of weeks and U.S. supermajors Exxon and Chevron have been getting knocked around.
Ford, eBay Dive into Friday’s 52-Week Low Club
Ford, eBay, Yandex, and Rite Aid all posted new 52-week lows Friday.
Procter & Gamble, American Express Juice the Dow Friday
Procter & Gamble, American Express, Disney, and Coca-Cola did the heavy lifting to move the Dow higher Friday.
US Oil Rig Count Increases by 4, Prices Give Back Some of Their Daily Gain
The number of land-based rigs drilling for oil in the United States rose by four this week. There are 154 more rigs working this year than at the same point last year.
September Existing Home Sales Plummet 4%
Sales of existing homes in the U.S. dropped by more than 4% year over year in September according to the latest report from the National Association of Realtors. That's the lowest sales level in…
Ford’s Plan to Turn Itself Around
At its national dealer meeting in Las Vegas this week, Ford announced a new marketing push to build customer loyalty. This morning the stock took two price target cuts and one downgrade.
Schlumberger’s Q3 Earnings Cleared a Low Bar
Oilfield services firm Schlumberger beat estimates for EPS on Friday but fell short on revenues. The firm is looking for an upturn in business beginning next year.
Apple Watch Put to the Phoneless Challenge
What's it like to leave your iPhone behind and spend the day using only your Apple Watch to stay connected? The analysts at Loup Ventures gave it a try and here is their report.