Nike, Goldman Sachs Nudge DJIA Higher Friday
Nike, Goldman Sachs, Home Depot, and McDonald's paced the DJIA to a narrowly higher close Friday.
All Work
Paul Ausick
US Oil Rig Count Drops by 10, Crude Price Continues Slide
The number of U.S. land-based rigs drilling for oil fell by 5 during the week, giving back half the rigs added in the prior week.
How Much Cheaper Are Electric Cars to Operate?
Fuel costs for all-electric cars are lower than the costs for gas-powered vehicles in all 50 states and the District of Columbia. Will this be enough to get U.S. drivers out of their pickups…
What a Government Shutdown Means
Without a last-minute agreement, the federal government will shut down at midnight Friday. Here's what that means in terms of government services.
2017 Third-Hottest Year on Record
2017 was the third-hottest year since 1880 according to a report from NOAA released on Thursday. And 2018 could be even warmer.
Boeing Raises 2018 Commercial Jet Prices by 4.1%
Boeing raised prices on all its commercial planes by 4.1% according to the 2018 price list issued earlier this week. That's more than double the across-the-board increase announced by rival Airbus.
Why Schlumberger Q4 Earnings Disappointed Investors
Oilfield services giant Schlumberger reported profits and revenues that beat expectations for both the fourth quarter and the year. Investors were still not impressed.
Crude Oil Supply to Top Demand in 2018: IEA
The International Energy Agency on Friday issued its monthly oil market report for December. The agency sees supply outstripping demand in 2018. That usually means lower crude oil prices.
Why IBM Earnings Got the Big Blues
IBM beat revenue expectations and posted a year-over-year revenue increase for the first time in multiple quarters. Investors still didn't think it was enough.
General Electric, Sprint Crash into Thursday’s 52-Week Low Club
General Electric, Sprint, Diffusion Pharmaceuticals, and Symantec all posted new 52-week lows Thursday.
Boeing, General Electric Lead DJIA Lower Thursday
General Electric, Boeing, Merck, and Disney weighed on the DJIA Thursday.
US Leadership, Commitment to Democracy Tumble Under Trump: Surveys
Two recent surveys conclude that the United States is losing its position as what is colloquially called the leader of the free world.
Crude Oil Price Turns Higher on Big Inventory Draw
The U.S. crude oil inventory dipped by nearly 7 million barrels last week, but gasoline inventories, crude oil production and both crude oil and refined product exports rose sharply.
Natural Gas Price Tumbles on Low Storage Withdrawal
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending January 12.
2017 Q4 Mortgage Fraud Risk Rises Slightly
Mortgage application fraud risk rose again in the fourth quarter of 2017 according to data released Thursday by research firm CoreLogic. The report includes a list of 15 metro areas were the risks are…
December Housing Starts Stumble, but 2017 Posts 10-Year High
While 2017 posted a 10-year high for new housing starts, December's total fell by 8.2% month over month and 6% year over year.
Airbus, Emirates Agree on $16 Billion Deal for 36 A380 Superjumbo Jets
Airbus and Emirates airline have signed a memorandum of understanding on an order for 36 Airbus A380s, comprising 20 new planes and an option on another 16.
OPEC Lifts 2018 Oil Demand Total to 98.51 Million Barrels a Day
OPEC has raised its estimates of global oil demand for both 2017 and 2018. U.S. production in 2018 is forecast to rise by 1.15 million barrels a day.
Kinder Morgan Looks Ahead to Delay on Canada Pipeline, Benefits From New Tax Law
Kinder Morgan reported earnings after markets closed on Wednesday. The energy infrastructure company was hit by changes to the tax law, but looks forward to significant benefits over the next five years.
Dish Network, Opko Health Sink into Wednesday’s 52-Week Low Club
Ohr Pharmaceuticals, Opko Health, Dish Network, and Vereit all posted new 52-week lows on Wednesday.