Why Home Depot Got Hammered After Earnings
Home Depot reported results that were mixed Tuesday morning and investors took their cue from the misses. Shares traded down in the premarket session.
All Work
Paul Ausick
US Promises Help for ZTE; China Reopens Qualcomm-NXP Merger Deliberations
The proposed $40 billion merger of Qualcomm and NXP was resuscitated on Monday after President Trump's agreement to ease the impact of U.S. sanctions on China's ZTE. This was probably not a coincidence.
Xerox, Tata Motors Drop into Monday’s 52-Week Low Club
Xerox, Tata Motors, SABESP, and Extreme Networks all posted new 52-week lows Monday.
UnitedHealth, Walmart Buoy the Dow Monday
UnitedHealth, Walmart, Pfizer, and DowDuPont did their best to pin a small gain on the Dow Monday.
US Shale Oil Production to Rise 144,000 Barrels a Day in June
The U.S. Energy Information Administration released its Drilling Productivity report today showing an estimated production growth of 144,000 barrels of oil a day from the 7 major onshore shale oil plays.
Consolidation in Canada’s Marijuana Patch: Aurora to Acquire MedReLeaf
Two publicly traded Canadian marijuana companies have announced that Aurora Cannabis is acquiring MedReLeaf in an all-stock transaction valued at about C$3.2 billion.
US National Average Gasoline Price Jumps After US Ditches Iran Deal
The U.S. national average retail price for a gallon of gas rose by six cents last week, and the price in Ohio rose by 15 cents a gallon. Geopolitical factors and lower production from…
If Sears Succeeds in Selling Its Kenmore Brand, What’s Left?
Sears is forming a committee of its board members to consider the sale of its Kenmore brand and related assets. One prospective buyer is Eddie Lampert, Sears CEO and two other companies with significant…
Global Plug-In Hybrid Vehicle Sales Rise 59% in Q1
Worldwide sales of all-electric and plug-in hybrid vehicles rose by 59% year over year in the first quarter of 2018. For the full year sales are forecast to rise by nearly 50%.
Memorial Day Travelers to Top 41 Million: AAA
The Memorial Day holiday weekend is coming up and travelers should expect higher gas prices and lower airfares, according to AAA. And more people doing the same thing you're doing--traveling.
OPEC Forecasts 2018 Crude Oil Demand at 98.85 Million Barrels a Day
In its monthly report on the global oil market, OPEC raised its estimate of global demand for 2018 to 98.85 million barrels a day.
Decision Due This Week on 14-Year-Old Boeing, Airbus Dispute
A final ruling on a long-running feud between Boeing and Airbus over subsidies paid to Airbus by European countries is expected to be announced this week. It is not likely to be the final,…
Canadian Marijuana Grower to List on NYSE
Canada's largest marijuana-related firm, Canopy Growth, has filed a registration to trade its stock on the New York Stock Exchange.
Mercedes-Benz Introduces New AMG GT S Roadster
Mercedes-Benz has introduced a new roadster, the AMG GT S. The new convertible fits between the AMG GT and the AMG C in both price and performance and is the 10th car to carry…
IPO News This Week: Tech Unicorn Pluralsight Highlights 3 Offerings
There are three IPOs on the calendar for the coming week seeking to raise more than $700 million. For the year to date, proceeds for all IPOs are at their highest level since 2008.
Tesla’s Giant Australian Battery Is a More Massive Success
The giant battery Tesla installed in Australia has now been operating for four months and it has taken a majority of the market for the services it provides and cut the cost by 90%.
6 Home Maintenance Chores to Do Now
It's easy to overlook some basic home maintenance chores when the weather warms up after a long, cold winter. Here are six chores that won't take much time and could save money and more…
The 4 States That Will Vote on Marijuana Initiatives This Year
Voters in four states are on track for a chance this year to vote on legalizing marijuana either for medical or recreational use. Here's how things stand now.
Cisco Systems Remains Top-Performing Dow Stock
Cisco Systems remains the best-performing Dow stock of 2018 after adding more than 1% to its share price last week.
Procter & Gamble Clings to Ranking as Dow’s Worst Performing Stock
Procter & Gamble was able to add a bit to its share price last week, but not enough for it to shake its position as the worst performing Dow stock of 2018.