Ambev, PPL Corp. Slide into Wednesday’s 52-Week Low Club
Helios and Matheson, Ambev, Banco de Bradesco, and PPL Corp. all posted new 52-week lows on Wednesday.
All Work
Paul Ausick
Boeing, Caterpillar Lift the Dow Wednesday
Boeing, JPMorgan, Caterpillar, and DowDuPont led the Dow higher Wednesday.
OECD Says US Economic Outlook Strong With Serious Risks on the Horizon
The OECD on Wednesday released its 2018 Economic Survey of the United States. The group sees good growth in GDP over the next two years but warns of risks related to trade policy and…
Each American Received About 13 Robocalls Last Month, 50 So Far in 2018
Americans were harassed by more than 4 billion robocalls in May according to data collected by YouMail. More than 30 billion robocalls have been made in the United States in the first five months…
Crude Oil Price Tumbles on Unexpectedly Large Inventory Builds
The U.S. crude oil inventory rose last week by an unexpectedly large 2.2 million barrels. Gasoline and distillate inventories also posted larger-than-forecast increases. Crude oil prices slipped following the report.
Fitbit CFO Departs Next Week
Fitbit announced Wednesday that CFO Bill Zerella will leave the company June 15 to join an autonomous-vehicle startup. The company's chief accounting officer has been appointed to replace Zerella.
May CEO Exits Push 5-Month Total to 541
U.S. CEOs continue to leave their jobs at a rapid pace this year. CEO exits were up nearly 15% year over year for the first five months of the year and up more than…
Data Exposed for 92 Million Users of DNA Testing Company
A file containing 92 million user email addresses and passwords for an Israel-based genealogy and DNA testing firm was discovered on an unprotected server outside the company's control. How it got there is still…
Tech Companies’ Move Into Streaming Live Sports
Some of the tech giants are pouring big money into original streaming content. One area of particular interest has been TV sports. Analyst Gene Munster of Loup Ventures unravels the details.
Mortgage Loan Rates Ease, Applications for New Mortgages Rise
For the first time in nearly two months the number of applications for new mortgage loans rose as loan rates fell for the second consectutive week.
Carnival Cruises, Helios and Matheson Sink into Tuesday’s 52-Week Low Club
Aegean Marine, Helios and Matheson, Banco Bradesco, and Carnival Corp. all posted new 52-week lows Tuesday.
DowDuPont, Walmart Balance the Dow Tuesday
DowDuPont and GE were Tuesday's leading gainers among the Dow 30 stocks while Walmart and Merck, Monday's big gainers, were Tuesday's leading losers in a day of virtually no change to the index.
Student Loan Debt Higher, More Onerous for Women
Women now account for more than half of all students enrolled in U.S. colleges and universities, but their share of student loan debt is much higher.
It’s Hemp History Week and This Could Be a Historic Year
The U.S. Drug Enforcement Administration has essentially relaxed its definition of hemp and the U.S. Senate is considering a bill that would legalize hemp farming. Is this a first step to full federal legalization…
CEO Economic Outlook Cools on Worries Over Trade Wars
The U.S. Business Roundtable released its quarterly CEO outlook Tuesday morning indicating that while CEOs still expect a strong economy, worries over trade policies have tempered their optimism somewhat.
CoreLogic April Home Price Index Jumps Nearly 7%
Home prices rose nearly 7% year over year in April, according to research firm CoreLogic. Limited inventory of homes for sale continues to push prices higher.
What Went Wrong With Ascena Retail Earnings
Ascena Retail Group reported third-quarter earnings and sales that were better than expected, but the company's outlook for the current quarter was soft and shares are being punished.
SEC Appoints First Cryptocurrency Chief
The U.S. Securities and Exchange Commission on Monday appointed its first senior official whose job is to make sense of the fast-growing world of digital currencies and assets.
Coty, Avon Drop into Monday’s 52-Week Low Club
Coty, Avon Products, Versartis, and Jounce Therapeutics all posted new 52-week lows Monday.
Walmart, Merck Push the Dow Higher Monday
Walmart, Merck, Home Depot, and Visa were among nearly two dozen stocks that contributed to Friday's hike in the Dow's index increase.