Boeing Talks to Acquire Aircraft Parts Maker Revealed
Boeing is reportedly in talks to acquire aircraft parts maker Woodward. It's the latest in several moves that the aerospace giant has made to reverse the company's predilection to outsourcing.
All Work
Paul Ausick
Natural Gas Price Steady on Expected Withdrawal Size
A withdrawal of 119 billion cubic feet from the U.S. natural gas stockpile was near the high end of a consensus estimate and had little impact on the already-low price.
Exxon Mobil Boosts Reserves in 2017
Exxon Mobil reported Thursday that new discoveries and acquisitions last year added 2.7 billion barrels of oil equivalent to its proved reserves, replacing 183% of 2017 production.
CVS Earnings Yield Boosts to Starting Pay, Benefits
Pharmacy retailer CVS beat estimates when it reported results Thursday morning. The company is using some of its tax windfall to raise its starting pay and improve other employee benefits.
Drugs, Alcohol, Suicide Causes of Low US Life Expectancy
White Americans are dying at higher rates from drug overdoses, alcohol, and suicide than citizens of other developed countries and than Americans of other racial/ethnic origins.
Apple’s HomePod Launches From a Big Hole
Apple's HomePod smart speaker launches Friday and the company won't be filling more orders until next week. Analysts at TrendForce have estimated the HomePod's chances against competitors.
Chesapeake, Weatherford Mired in Wednesday’s 52-Week Low Club
Chesapeake Energy, Weatherford International, Southwestern Energy, and Macom Technologies all posted new 52-week lows Wednesday.
Boeing, Walmart Dominate the DJIA Wednesday
Boeing, Walmart, United Technologies, and Intel paced the DJIA to a solid gain Wednesday.
Wind Turbine Maker Vestas Plans Solar, Storage Businesses
Danish wind-turbine maker Vestas plans to branch out into designing and building systems that include solar panels and battery storage.
The Costliest Natural Disasters Are Not Hurricanes
While parts of the United States and much of Puerto Rico are still recovering from devastating hurricanes last year, a recent report from the St. Louis Fed noted that hurricanes are not the costliest…
Crude Oil Price Stumbles on Big Additions to Oil, Refined Products Stockpiles
The U.S. Energy Information Administration reported Wednesday that stockpiles of crude oil, gasoline, and distillates like diesel fuel and heating oil rose sharply last week.
January CEO Exits at Highest Rate in 8 Years
The number of CEOs who left their jobs in January was the highest in 8 years according to outplacement firm Challenger, Gray & Christmas.
Can Peabody Dividend, Earnings Beat Offset Tame Outlook?
Coal miner Peabody Energy reported quarterly and full-year 2017 results Wednesday morning that beat estimates. The company has instituted a new dividend but sees 2018 shipment volumes flat at best.
NRG Dumps Stake in Yieldco, Other Assets for Nearly $3 Billion
Power generator NRG Energy announced Wednesday morning that it has sold assets valued at around $2.8 billion and now expects its total cash from asset sales to rise to $3.2 billion by the end…
How Disney Earnings Were Saved by Its Theme Parks
After markets closed Tuesday, Walt Disney reported fiscal first-quarter results that beat estimates, largely on the strength of higher revenue and profits from its theme parks.
Mortgage Loan Rates Still Rising, New Applications Up Slightly
Mortgage loan rates rose to multiyear highs last week on 30-year and 15-year fixed-rate loans. Applications for new loans rose slightly while applications for refinancing hit a seven-month low.
General Electric, Ford Slide into Tuesday’s 52-Week Low Club
General Electric, Ford, Chesapeake Energy, and Weatherford International all posted new 52-week lows Tuesday. A total of 444 new lows were pegged today.
DowDuPont, Home Depot Push the DJIA to a Higher Finish Tuesday
DowDuPont, Home Depot, Apple, and Cisco drove the DJIA to a gain Tuesday following a couple of dreadful days for the blue chip stocks.
Global Data Breaches Exposed Nearly 8 Billion Records in 2017
Nearly 8 billion records were exposed in 5,207 global data breaches last year. The United States had the most breaches by far, but China topped the U.S. in the number of records exposed by…
SEC, CFTC Warn of Fraud in Cryptocurrency Markets
At a U.S. House committee meeting Tuesday, the chairmen of the SEC and the CFTC will testify about what their agencies are doing to oversee cryptocurrency markets.