Why Investors Love General Motors Again
GM had a more than solid year in 2017, despite pulling out of Europe. Then there was the tax law change. But nothing could outweigh high prices for the company's pickups and SUVs. And…
All Work
Paul Ausick
Boeing Adds $1 Billion to Service Contract Orders
Boeing announced this morning that it has signed orders for more than $900 million in services work ranging from landing gear replacements to fitting out a freighter.
CoreLogic December Home Price Index Jumps Nearly 7% Again
Home prices rose 6.6% year over year in December, according to the latest report from CoreLogic. Prices rose by double-digits in four Western states.
Why GM Earnings Have Investors Interested Again
Excluding one-time charges, GM reported good fourth-quarter and full-year results and expects the introduction of its new Silverado and Sierra pickups to boost sales this year.
BP Earnings Set the Stage for Solid Year Ahead
Energy supermajor BP reported quarterly and full year earnings Tuesday morning. Excluding items, the company posted big numbers.
General Electric, Ford Plummet into Monday’s 52-Week Low Club
General Electric, Ford, Chesapeake Energy, and Weatherford all posted new 52-week lows Monday on heavy trading volume.
Chevron, Exxon Drag DJIA Down Monday
Chevron, Exxon, 3M, and Johnson & Johnson led all 30 DJIA stocks on a second-consecutive unanimous tumble.
Would Apple Dump NXP Chips to Poke Qualcomm in the Eye?
Apple's expected use of Intel modem chips to replace long-time supplier Qualcomm's chips has other repercussions on Qualcomm's battle against a hostile takeover and its planned acquisition of another chip maker.
How Cryptocurrency Mining Software Is Turning Into Malware
Software designed for mining cryptocurrencies is also being used by cybercriminals to create botnets of PCs from unsuspecting victims. The only thing stolen -- so far -- is processing power from which the crook…
US Gasoline Prices Up, Diesel Price Soars
The national average price for a gallon of regular gas rose to $2.60 this week and diesel fuel prices hit $3 a gallon as refined products prices catch up with rising crude prices. Don't…
Is a Funding Pinch Coming in the US Shale Patch?
Industry analysts at Rystad Energy foresee a funding gap of $8.3 billion in capital spending for top shale producers this year if crude prices average $60 a barrel.
GE Engine Destined for Boeing Hit With Delay
GE has hit a snag in its development of the GE9X jet engine that will power the new Boeing 777X. The first test flight of the plane was due at the end of this…
Bristol-Myers Squibb Earnings, Trial Results Not Enough to Please Investors
Fourth-quarter and full-year earnings at Bristol-Myers Squibb beat estimates, but a report of the successful trial of the company's lung cancer treatment may be the big mover for the stock Monday.
Arconic Earnings Beat More Than Offset by Disappointing Guidance
Aluminum products maker Arconic beat analysts' estimates for profits and revenues this morning, but the company's guidance was soft and investors had reason to sell again Monday.
How Hess Earnings Disappointed Investors
Energy explorations and production company Hess missed estimates on revenues and expected net losses for both the fourth quarter and the full year.
Can Qualcomm Reject Broadcom’s ‘Best and Final’ Offer?
Broadcom announced Monday morning that it has raised its offer for Qualcomm by $12 a share and that this is the take-it-or-leave-it deal. The total value of the offer is $121 billion.
IPO News This Week: 3 Energy Firms Lead 10 Offerings
The U.S. IPO train keeps chugging along this week with 10 new listings on the calendar looking to raise nearly $2 billion.
Sprint Says Mobile 5G Network to Launch 1H of 2019
Mobile network carrier Sprint plans to begin rolling out its 5G network late this year and have nationwide coverage in the first half of 2019.
9 Cars to Buy New Rather Than Used
Researchers at iSeeCars.com found nine vehicles that may be a better buy new rather than a year old. There are also eight vehicles that offer substantial savings if you buy the one-year-old model rather…
General Electric Ends Another Week as Dow’s Worst
While GE did not drum up any particularly bad news last week, it remains the worst performing stock on the Dow. That led one analyst to predict the company would be dropped from the…