Short Sellers Still Focused on 1 Solar, 1 Alt Energy Stock
Short sellers demonstrated mixed interest in solar and alternative energy stocks for the 2-week reporting period ended September 14. Only one stock in each group moved more than 10%.
All Work
Paul Ausick
Mortgage Applications Rise Modestly, Loan Rates Sharply Higher
Mortgage loan rates increased slightly last week, and mortgage loan rates pushed higher as well. The Federal Reserve's expected rate increase later Wednesday will push rates even higher.
eBay, General Electric Slide into Tuesday’s 52-Week Low Club
General Electric, eBay, Turquoise Hill Resources and TG Therapeutics all posted new 52-week lows Tuesday.
Intel, UnitedHealth Sink the Dow Tuesday
Intel, UnitedHealth, Johnson & Johnson, and 3M Company led the Dow's Tuesday drop.
Losses From Hurricane Florence Could Reach $30 Billion
Hurricane Florence killed at least 43 people as it rampaged through the Carolinas and Virginia. The storm also inflicted property damage that could rise to $30 billion, according to a report from CoreLogic.
How Kavanaugh Hearing Could Cost Employers Up to $2 Billion
The scheduled Thursday hearing related to Judge Brett Kavanaugh's elevation to the U.S. Supreme Court could cost employers nearly $2 billion in wages for workers who spend time watching at work.
Qualcomm, Apple Dispute Gets Nastier
Qualcomm is seeking to amend a complaint filed against Apple last November charging the iPhone maker with using Qualcomm intellectual property to help Intel build clips that eventually replaced Qualcomm's chips in new iPhones.
Consumer Confidence Approaching an All-Time High
The Conference Board on Tuesday reported a consumer confidence index score of 138.4 for September. The score is closing in on an all-time high set in 2000.
July Home Price Increases Continue Slowing
The S&P CoreLogic Case-Shiller national home price index rose 6% year over year in July, but that was lower than the month-over-month increase posted in June.
Average US Credit Score Reaches All-Time High
The average U.S. consumer credit score has reached an all-time high according to FICO. As anyone who has applied for a mortgage or a car loan knows, a solid credit score is essential.
Can Internet Regulation Stop Bots and Trolls?
A recent report from Washington think tank New America argues threats to democracy posed by digital disinformation campaigns require a new social contract for the internet rooted in transparency, privacy, and competition.
General Electric, Rite Aid Plunge into Monday’s 52-Week Low Club
General Electric, JD.com, Rite Aid, and Newell Brands all posted new 52-week lows Monday.
Verizon, DowDuPont Weigh on the Dow Monday
DowDuPont, Verizon, Procter & Gamble, and Home Depot were Monday's worst performers among the 30 Dow stocks.
Trade Disputes Cloud CEO Q3 Economic Outlook
U.S. business CEOs remain optimistic about the country's economy but for the second consecutive quarter the Business Roundtable's CEO economic outlook has dipped on concerns about U.S. trade policy.
US Gas Price Slipped Slightly, but Uncertainty Lies Ahead
U.S. pump prices for gasoline dipped by almost a penny last week, but the GasBuddy outlook warns of a smaller-than-expected autumn decline this year.
Where Have We Seen an Oil Market Like This Before?
Crude oil prices have jumped by more than 2% Monday following an OPEC announcement on Sunday that the cartel and its partners are satisfied that the market is doing just fine. How long will…
Could There Be More Merger Action in the World’s Gold Fields?
Does Monday's announced merger between gold miners Barrick and Randgold presage a rush of consolidation and merger in an industry that has been reeling for a couple of years now?
Electric Vehicles to Surpass 2 Million Sales Globally in 2018
Sales of plug-in electric vehicles, including all-electric and hybrid models, is forecast to top 2.1 million units this year, according to industry research firm EV-Volumes.
Is There Gold in the Merger of Barrick, Randgold?
Gold miners Barrick and Randgold have agreed to an all-stock merger valued at $6 billion. Barrick will pay just over six shares of New Barrick Group stock for each share of Randgold.
iPhone Launch Takeaway: Xs Max Demand Exceeds Historical Plus Demand
Analysts at Loup Ventures weigh in on Saturday's launch of the iPhone Xs and Xs Max. Lines were shorter, but buyers are more interested in the higher-priced Xs Max.