AAA Warns of Spring Gas Price Spike
Gasoline prices have been uncharacteristically low for the past month, but AAA expects that situation to change as spring arrives. Prices are forecast to spike this spring and remain higher into the summer.
All Work
Paul Ausick
Why Nordstrom Earnings Are Not What Investors Hoped For
Nordstrom earnings weren't so bad if you back out the negative effect of the new tax law. But guidance was so-so and investors wanted something more.
General Electric, Barrick Gold Slip into Thursday’s 52-Week Low Club
General Electric, Barrick Gold, Colony NorthStar, and Weatherford International all posted new 52-week lows Thursday.
The Dow Sinks Thursday on Tariff Promise; Boeing, United Technologies Hit Hardest
The Dow was on track for a loss of around 450 points Thursday led by Boeing, United Technologies, Intel, and Caterpillar.
IRS, Treasury Clarify Rules on Carried Interest, but It Might Be Too Late
When Congress passed the tax law changes, it left some holes that smart accountants and tax attorneys leapt on without hesitation.
Why Ford F-Series Is Crushing It in Pickup Sales
Ford's F-Series pickups have once again maintained a firm grip as the best-selling vehicles in the United States. Competitive offerings from GM and FCA were slaughtered last month.
GM Reports February Sales Drop of Almost 7%
February sales at GM dipped nearly 7% year over year, the company reported this morning. On a percentage basis, the Cadillac brand posted the biggest increase in sales.
Natural Gas Price Ticks Higher After Inventory Report
The drawdown in U.S. natural gas stockpiles was at the high end of the expected range and pushed prices up by a penny or so for April futures.
Ford February Sales Drop Nearly 7%, Propped Up by F-Series Trucks
Ford reported February sales down nearly 7% year over year with weakness on virtually every measure except trucks.
Ram US Sales Dive 14% in February, FCA Sales Down 1%
Year over year, February sales dipped 1% at Fiat Chrysler as Ram pickup sales dropped 14%, more than a 12% uptick in Jeep brand sales could offset.
Exxon Pulls Out of Massive Russian Oil Deal
Exxon Mobil has pulled out of its joint ventures with Russia's Rosneft and taken a $200 million after-tax charge as a result.
Best Buy’s Earnings Were Good, Dividend Hike Was Better
Best Buy reported fourth-quarter and full-year results this morning that topped consensus estimates. Then the company added a dividend hike to make the stock even more attractive.
Was the Boeing Deal for Air Force One Just More Bluster?
The announced agreement between Boeing and the president on the contract for a new Air Force One fleet may not be all it seems to be.
Tesla Model 3 Impresses Consumer Reports, but Doesn’t Dazzle
Consumer Reports magazine has received its Tesla Model 3 and begun testing it. The initial reaction is positive, if not exactly glowing.
Celgene, Weatherford Drop into Wednesday’s 52-Week Low Club
Celgene, Weatherford International, Akorn, and Cemex all posted new 52-week lows on Wednesday.
The Dow Sinks Again Wednesday as Caterpillar, General Electric Fade
The Dow fell Wednesday led by losses at Caterpillar, GE, DowDuPont, and UnitedHealth Group.
Amazon Joins Cable Companies, Offers Pay-per-View UFC Bouts
Amazon has entered the pay-per-view business beginning with a UFC fight this Saturday. Should the cable and satellite companies be worried?
How Analysts Reacted to Suspended Frontier Communications Dividend
Telecom firm Frontier Communications suspended its $0.60 per share quarterly dividend when it reported fourth-quarter and full-year 2017 results Tuesday evening. Investors and analysts wasted no time in commenting on the move.
January Pending Home Sales Plunge
Pending home sales plunged by nearly 5% month over month in January, according to the National Association of Realtors. The group has also lowered its estimate of full-year sales and raised its estimated median…
Crude Oil Price Slips on Big Hike in Supply
U.S. commercial crude oil inventories increased by 3 million barrels last week, about a third more than expected. Gasoline inventories also rose.