Ford, Ceasars Crash into Wednesday’s 52-Week Low Club
Caesars Entertainment, Ford, Summit Materials, and Pitney Bowes all posted new 52-week lows Wednesday.
All Work
Paul Ausick
Caterpillar, 3M Weigh on the Dow Wednesday
Caterpillar, 3M, Walgreens Boots Alliance, and Cisco System's were Wednesday's Dow laggards.
Americans Vote for Pickups–With Their Wallets
Ford sold more than 70,000 F-Series pickups in July, bringing the country's best-selling vehicle to a total of more than 500,000 units sold in the first seven months of 2018.
Jeep Sales Post Best-Ever July, Fiat Chrysler Sales Up 6%
Fiat Chrysler sales rose 6% in July, led by a 15% jump in Jeep sales. The company's Alfa Romeo brand sales rose 65% on the strength of the new Stelvio.
Crude Oil Price Up Slightly on Unexpected Increase in Stockpiles
The U.S. commercial inventory of crude oil rose sharply last week, defying analysts estimates for a decline. Crude prices have dipped below $68 a barrel again.
Ford Car Sales Plunge 28% in July, Overall Sales Down 3.1%
Ford reported July sales fell about 3% year over year, with passenger car sales down nearly 28%. Retail sales also fell sharply while fleet sales rose.
Apple Earnings: June Quarter Lays Groundwork for $1T and Beyond
Gene Munster of Loup Ventures parses Apple's June quarter results, noting that results were in-line or better than analysts expected.
Chesapeake Upbeat on Earnings, Investors Not So Much
Chesapeake Energy earnings were mostly in line with expectations, but the company's production outlook has been lowered, partly as a result of asset sales, and that could endanger revenue and profits for the rest…
BBC, Fox, PBS Are Most Trusted News Brands; Trump Is Least Trusted
A recent survey by media intelligence firm Brand Keys ranks TV news sources on the basis of viewers trust. The survey also included President Trump, who ends up the least-trusted source of all—by a…
Mortgage Loan Rates Rise While Applications Decline
Applications for new mortgages fell last week according to Wednesday's report from the Mortgage Bankers Association. Interest rates on new mortgage loans rose week over week with adjustable rate loans hitting an all-time high.
Helios and Matheson, Lumber Liquidators Dive in Tuesday’s 52-Week Low Club
Helios and Matheson, Lumber Liquidators, Tyson Foods, and Grupo Aval Acciones Y Valores all posted new 52-week lows Tuesday.
3M, Pfizer Lead the Dow Higher Tuesday
3M, Pfizer, Caterpillar, and United Technologies posted the best gains among the Dow 30 stocks Tuesday.
Worker Pay Rises Most in Nearly 10 Years
Compensation for all U.S. civilian workers rose by 2.8% in the 12 months from June 2017 to June 2018. This is the largest increase since the third quarter of 2008.
May Home Prices Marching Higher All Across the US
U.S. home prices rose 6.4% in May, the same year-over-year gain posted a month earlier. The national average has increased by at least 5% year over year in each of the last 20 reporting…
A Look at the CBS Board That Won’t Fire CEO Moonves
CBS has said it is seeking independent counsel to investigate allegations of sexual misconduct against its CEO and board chair, Les Moonves. Here's a rundown of the media giant's board of directors.
Qualcomm’s Failure to Acquire NXP Yields Big Payday for Stockholders
Qualcomm has launched at $10 billion tender offer to repurchase shares. The move comes less than a week after the company withdrew its offer to acquire NXP for $44 billion.
Earnings Are Not BP’s Biggest Story
BP on Tuesday reported profits that beat the consensus estimate but fell short on revenues. Higher oil prices and better refining margins carried the day.
Q3 iPhone Sales Expected to Fall Within a Narrow Range
A key metric for Apple watchers when the company reports quarterly results this afternoon is the number of iPhones sold in the quarter. The consensus estimate covers a fairly narrow range and is in…
Is Travel Insurance Worth the Cost?
If you are planning a family vacation and are paying, say, about $750 per plane ticket for a family of four, is it smart to pay a small percentage of the total cost to…
Helios and Matheson, Tyson Foods Wallow in Monday’s 52-Week Low Club
Helios and Matheson, Tyson Foods, Amarin, and Western Digital all posted new 52-week lows Monday.