General Electric Woes Anchor Stock as Dow’s Worst for the Year
General Electric reported quarterly and full-year earnings last week that momentarily cheered investors. The cheer did not last long.
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Paul Ausick
Biocept, Kimco Realty Tumble into Friday’s 52-Week Low Club
Biocept, Colony Northstar, Kimco Realty, and Pretium Resources all posted new 52-week lows on Friday.
Intel, Pfizer Drive DJIA Surge Higher on Friday
Intel, Pfizer, 3M, and Disney launched the DJIA to a solid gain Friday.
Victory over Bombardier Snatched Away from Boeing by US Trade Commission
The U.S. International Trade Commission ruled Friday that Boeing was not harmed by the sale of 75 Canadian-made Bombardier CS100 aircraft in early 2017. The ruling was the first Boeing has lost in this…
US Oil Rig Count Jumps by 12, Crude Price Ignores the Increase
The U.S. onshore oil rig count jumped by 12 this week, following a drop of 10 last week and a gain of 10 the week before. Crude prices rose to around $66.18 following the…
2018 Data Breaches Have Exposed 3 Million Records in Less Than a Month
A massive data breach at a popular national restaurant chain has pushed the number of compromised user records to more than 3 million in the first few weeks of the new year.
Apple Boosts to 27 the Number of Self-Driving Cars in California
Apple has added 24 SUVs to its California test fleet of self-driving cars. The company may be a bit behind the leading edge of development, but it's still well ahead of U.S. consumers and…
China’s Smartphone Market Slipped 4% in 2017 — a First
Smartphone shipments in China fell last year for the first time ever. Analyst firm Canalys expects 2018 to be even more competitive, but does not predict whether or not the market will swing back…
Credit Suisse Sees Rising Gold Prices Driving Top Gold Stocks Higher
Analysts at Credit Suisse have issued their gold miners' scorecard along with top picks and comments on the direction of gold prices for 2018.
Eversource Wins Power Transmission Project Contract
Northern Pass Transmission, a subsidiary of New England electric utility Eversource Energy, has won a contract to build a power line to bring hydro-generated electricity from Canada to the New England grid.
How Much Better Could Honeywell Earnings Be?
Honeywell reported quarterly and full-year results this morning that were either slightly better or slightly worse than expectations. Shares posted a new 52-week high yesterday and 2018 guidance is better than expected.
Intel Boosts Investors Spirits with Dividend Hike, Solid 2018 Outlook
Intel beat Q4 earnings and revenue estimates and guided 2018 results above expectations. The chip-making giant also raised its dividend by 10%.
Newell Brands, Range Resources Plunge into Thursday’s 52-Week Low Club
Newell Brands, Alaska Air, Range Resources, and ConforMIS all posted new 52-week lows Thursday.
Boeing, 3M Dominate DJIA on Thursday
Boeing, 3M, Johnson & Johnson, and United Technologies pushed the DJIA to a triple-digit gain Thursday.
Gold Fights Back Against Cryptocurrencies
The World Gold Council has published a short note on why gold is still a better bet in your portfolio than is bitcoin or another of the more than 1,400 cryptocurrencies available.
2017: One for the Natural Disaster Record Books
Weather events caused both loss of life and massive property damage in the United States last year. Hurricanes, wildfires and flooding were the main culprits.
December New Home Sales Hit the Brakes
New home sale dropped 9.3% month-over-month in December and median prices rose by more than $16,000 as higher priced homes accounted a larger proportion of sales.
Home Depot to Pay Up to $1000 Bonuses for Hourly Workers
Home Depot announced Thursday morning that the company will pay one-time bonuses of up to $1,000 to its U.S. hourly employees.
Natural Gas Prices Move Higher on Large Storage Draw
The weekly report on U.S. natural gas storage showed a larger-than-expected withdrawal last week. That has pushed prices up slightly on the NYMEX.
Short Sellers Piled Into General Electric and the Payoff Is on Its Way
Short interest in GE shot up 25% in the two-week period ended January 12. Short sellers added more than 28 million shares and it looks like the bet is going to pay off.