US Oil Rig Count Jumps 10, Crude Price Holds On to Gain
The U.S. land-based rig count rose by 13 this week, including 10 new oil rigs. A crude oil price rally held onto most of its gains for the day, but black gold is headed…
All Work
Paul Ausick
Why Short Sellers Piled On Kinder Morgan
Short interest in Kinder Morgan rose by more than a third in the reporting period ended July 31. While the company and the Canadian government appear determined to close on the sale of a…
Short Interest in 3D Printing Stocks Looks Opportunistic
Short sellers made relatively modest changes to their positions in the two-week period ending July 31. Those who bet against one of the companies made a tidy 20% profit.
Short Interest Slides on Solar Stocks, Rises on Alt Energy
Short interest in solar energy stocks slipped in the two-week reporting period ended July 31, but a couple of the moves were significant. Alt energy stocks attracted more short sellers who especially favored one…
Coty, e.l.f Beauty Sink into Thursday’s 52-Week Low Club
Ultra Petroleum, Coty, e.l.f. Beauty, and Acadia Pharmaceuticals all posted new 52-week lows Thursday.
Chevron, Procter & Gamble Weigh on the Dow Thursday
Chevron and P&G were the leading losers among the Dow index stocks Thursday, while DowDuPont and UnitedHealth were the leading gainers.
Sinclair Rejects Tribune Media’s Claims as ‘Without Merit’
Sinclair Broadcasting has responded to Tribune Media's withdrawal from the two companies' merger agreement and lawsuit filing, expressing dismay at the failed merger and its intention to defend itself "vigorously" against the breach of…
TiVo Still Chasing a Strategic Solution to an Existential Problem
Shares of DVR maker Tivo were up 3% Thursday after the company reported quarterly results and, more important, discussed the progress the company is making on its strategic review.
Natural Gas Price Slips on Increase to Storage
Last week's increase to U.S. natural gas stockpiles was slightly above expectations. Commodity prices rose nearly 20 cents per thousand cubic feet over the past week, but slipped a penny following today's report.
JC Penney Takes a Run at Baby Market
J.C. Penney is joining the land rush to fill a gap in the baby gear business that opened up when the Toys "R" Us bankruptcy also forced the closing of Babies "R" Us stores.
Tribune, Sinclair Merger Ends With a Thud
The proposed merger of Sinclair Broadcasting and Tribune Media was squelched Thursday morning when Tribune Media said it was terminating the deal and suing Sinclair for breach of contract.
Facebook Is Shedding Massive Traffic and It’s Apparently Flocking to YouTube
A recent research report indicates that Facebook's monthly traffic has dropped by nearly half in two years. BGR.com's Andy Meek discusses what's happening.
Tesla’s Strengthening Case to Go Private
The case for taking Tesla private gets stronger the more you look at it according to analyst Gene Munster of Loup Ventures, who believes the chance has risen to more than 50% that it…
Has Yelp Figured Out How to Make Money?
Yelp posted a big Q2 earnings beat and lifted its outlook for the second half of the year. Is there reason to believe that this time is different and the changes and profits are…
Papa John’s, Newell Brands Plummet into Wednesday’s 52-Week Low Club
Newell Brands, Papa John's, Extreme Networks, and Halcón Resources all posted new 52-week lows Wednesday.
Disney, Pfizer Keep the Dow Flat Wednesday
The Dow is set to finish essentially flat Wednesday, with Disney and Caterpillar weighing on the index as Pfizer and McDonald's do the heavy lifting.
July CEO Exits Push 7-Month Total to 725
CEOs are leaving their jobs at a more rapid pace through the first seven months of 2018 than in the same period last year. Non-profits are seeing the largest turnover and there is more…
Tesla’s Mission Is More Easily Accomplished as a Private Company
Loup Ventures analyst Gene Munster thinks Elon Musk's idea to take electric car maker Tesla private is probably a good one. Whether it can be done is another story.
Apple Supplier Ramp Bodes Well for iPhone ASP
One of Apple's key iPhone component suppliers beat estimates when it reported quarterly results and the company also increased its shipment estimates for the rest of the year. Loup Ventures analysts think this is…
Crude Oil Price Slumps on Small Decrease in Stockpiles
The U.S. commercial stockpile of crude oil fell less than expected last week while gasoline and diesel fuel inventories increased. Overall, U.S. petroleum stockpiles are higher than in the previous week even though production…