What Analysts Say About Oracle After Earnings
A disappointing earnings report from Oracle last night has led to a number of changes in analysts' outlook for the next 12 months.
All Work
Paul Ausick
Can New Star Wars Movie Top $200 Million During First Weekend?
The latest installment of Disney's Star Wars franchise opens Friday on more than 4,200 U.S. movie screens. Ticket sales are forecast to top $200 million, making this the second-biggest opening weekend ever.
Why Costco Keeps Beating Profit Estimates
Costco reported an earnings beat for its first fiscal quarter last night and shares are trading above the stock's 52-week high in Friday's premarket.
AngloGold, Criteo Tumble into Thursday’s 52-Week Low Club
Top Ships, Criteo, AngloGold, and Nordic American Tankers all posted new 52-week lows Thursday.
Caterpillar, UnitedHealth Lead DJIA Slide Thursday
Caterpillar, UnitedHealth, Merck, and Verizon were among the largest losers among DJIA stocks on Thursday.
FCC Kills Net Neutrality on Party-Line Vote
The FCC at its Thursday meeting voted to replace internet neutrality regulations and change the enforcement policy internet service providers. The three to two vote fell along party lines.
Harvard Report Sees Slowdown in Growth of New Rental Housing
A new report on U.S. rental housing released Thursday by Harvard notes a slowdown in new construction after a decade of rapid growth. Rising rents continue to hit the poorest Americans hardest.
Natural Gas Price Sinks Ahead of Storage Data
Natural gas prices dipped to a 52-week low before the U.S. EIA storage report was released. Demand for gas reached the high end of the estimated range and helped prop up prices.
Ford November European Sales Volume Rises, Market Share Dips
European Union auto sales rose 5.9% year over year in November and is up 4.1% for the first 11 months of the year.
Delta Snubs Boeing, Orders 100 Airbus Jets
As expected, Delta Air Lines this morning announced the purchase of 100 Airbus A321neo passenger jets at a list price value of $12.7 billion.
107 Million Americans Will Travel for Holidays
More than 107 million Americans will be traveling this holiday season, more than 90% by car. This is the ninth straight increase in year-end travelers.
Disney Pulls the Trigger on Fox Acquisition
Disney made it official today: the House of Mouse is buying major portions of 21st Century Fox in an all-stock deal valued at around $66 billion.
Crude Oil Inventories Decline; Supply at 2017 Peak: IEA
The International Energy Agency reported Thursday morning that global oil inventories dropped by more than 40 million barrels last month, but production rose to a year-to-date high of nearly 98 million barrels a day.
Nordic American Tankers, Top Ships Sink into Wednesday’s 52-Week Low Club
Nordic American Tankers, Top Ships, Asanko Gold, and Iconix all posted new 52-week lows on Wednesday.
Caterpillar, Nike Push DJIA Higher Wednesday
Caterpillar, Nike, Coca-Cola, and Procter & Gamble lead the DJIA higher on Wednesday.
Canada Retaliates Against Boeing Over Trade Case — UPDATED
Boeing has already lost a contract with Canada for 18 new fighter jets and faces a significant hurdle for a larger order of 88 new fighters as a penalty for its trade case against…
How Soon Can We Expect a Bitcoin ETF?
The launch of one bitcoin futures exchange and the pending launch of another have renewed interest in a bitcoin ETF. How soon could one be launched?
Crude Oil Price Slips on Large Rise in Gasoline Inventory
The U.S. Energy Information Administration reported a drop of more than 5 million barrels in the nation's crude oil stockpile. U.S. crude inventories have moved into the middle of the 5-year average range for…
Fewest CEO Departures Since 2004
Outplacement firm Challenger, Gray & Christmas reported Wednesday that the number of CEOs who have left their jobs this year is at its lowest level since 2004.
Costco-GM Auto Sale Interest Up 55% This Year
In an annual promotion offering selected GM vehicles to Costco members at special pricing, the retailer reported that 55% more members have signed on this year.