Chevy Bolt vs Tesla Model 3: Tale of the Tape
On Wednesday Tesla announced that it had delivered more than 2,000 Model 3 sedans in fourth-quarter of last year. GM sold more than 23,000 Chevy Bolts last year. Which all-electric car is winning?
All Work
Paul Ausick
US AG Sessions Wants to Enforce Federal Prohibition of Marijuana
According to an AP report, U.S. Attorney General Sessions is set to issue a statement that will rescind the Obama administration policy of not enforcing federal law prohibiting marijuana in jurisdictions where cannabis is…
GM Sold More Cars in China Than in the US (Again) Last Year
General Motors reported that 2017 sales in China rose by more than 4% year over year. Chinese sales outstripped U.S. sales for the sixth consecutive year.
Crude Oil Price Steady as Gas, Diesel Stockpiles Soar
The U.S. crude oil stockpile fell again last week, but refineries were running at nearly 97% of capacity and stockpiles of gasoline, diesel, and heating oil soared.
Natural Gas Price Stumbles as Bitter Cold Moves East
The U.S. natural gas inventory dropped by more than 200 billion cubic feet last week, near the low end of the estimated range. The report is weighing on prices.
2018 Bull/Bear Outlook: American Express, Visa Look Good for Another Year
Financial giants Visa and American Express both posted strong gains in 2017 and were among the Dow 30's best performers.
2018 Bull/Bear Outlook: Caterpillar Counting on a Better Global Economy
Heavy machinery maker Caterpillar was the second-best performing stock among the Dow 30 last year. Another good year depends to a large degree on how the global economy performs.
2018 Bull/Bear Outlook: Can Boeing Repeat Its Blowout 2017 Performance?
Following 2017 is going to be a tough act for Boeing. But even if the aerospace giant performs half as well in 2018, that would still be banner year for investors.
Genworth Financial, American Outdoor Brands Plunge into Wednesday’s 52-Week Low Club
Genworth Financial, American Outdoor Brands, Colony NorthStar, and Edison International all posted new 52-week lows on Wednesday.
IBM, Exxon Mobil Lifted the DJIA on Wednesday
IBM, Exxon Mobil, DowDuPont, and United Technologies pushed the DJIA to a new intra-day high on Wednesday.
Happy New Year From Allergan: You’re Fired
Botox maker Allergan said Wednesday that it is firing 1,000 employees and eliminating about 400 unfilled job openings as it tries to make good on a promise to cut up to $400 million in…
Ford F-Series Pickup Wins December, Full-Year Sales Races
Americans bought about 2.5 million new full-size pickup trucks in 2017. The sales leader was once again the Ford F-Series with nearly 900,000 units sold for the year.
US Auto Sales Slide in 2017 for the Detroit Three
Auto sales in 2017 have been forecast to slip from 2016's record total and that appears to be just what is happening.
GM Reports 1.3% Dip in Full-Year Sales; Down 3.3% in December
GM's December sales fell 3.3% compared with December of 2016 and full-year sales declined by 1.3%. The best news for the company is that inventory levels fell sharply.
Jeep US Sales Tumble 12% in December; FCA Sales Down 8% in 2017
Fiat Chrysler reported this morning that 2017 sales fell 8% year over year and that December sales were down 11% compared with December 2016.
Will Another Lawsuit Derail Spotify’s IPO?
Music publisher Wixen has filed a lawsuit against streaming music leader Spotify seeking $1.6 billion from the pre-IPO company for failing to obtain a license to use music by Wixen's artists.
JetBlue Cuts Some Fares to $49
JetBlue airlines has launched a two-day promotion beginning today that offers one-way flights for as low as $49 on selected routes. Maybe that will help fill some of the empty seats.
Ford Full-Year US Sales Down 1.1%; December Up
Ford U.S. sales rose nearly 1% year over year in December, while full-year sales slipped more than 1%. The F-Series pickups once again were Ford's top selling vehicle.
Mortgage Loan Rates Mostly Dipped Last Week, Applications Down 3%
For the week between Christmas Day and New Year's Day, applications for mortgages dropped and interest rates moved in slightly unusual directions.
Edison International, Windstream Topple into Tuesday’s 52-Week Low Club
Windstream, Edison International, Tesaro, and PPL Corp. all posted new 52-week lows Tuesday.