Kinder Morgan, AK Steel Tumble into Wednesday’s 52-Week Low Club
Synergy Pharma, AK Steel, Kinder Morgan, and CenturyLink all posted new 52-week lows Wednesday.
All Work
Paul Ausick
Caterpillar, Coca-Cola Lead DJIA Down Wednesday
Caterpillar, Coca-Cola, Visa, and United Technologies were among the DJIA's worst performing stocks on Wednesday.
55% of Holiday Shoppers Will Check Amazon First for Best Price
More than half of all U.S. consumers plan to use Amazon to price or buy holiday gifts this year. The challenge for brick-and-mortar retailers is to lure those shoppers either to their stores or…
Crude Oil Price Slips as Inventories, Production Rise
The U.S. crude oil inventory rose last week as did gasoline stockpiles. Crude oil production was also up and so were crude oil exports.
October Retail Sales Up on Strong Car Sales
The U.S. Census Bureau reported this morning that retail sales rose 0.2% month over month in October and 4.6% year over year.
Why Americans Are Investing in Bitcoin
A recent survey of Americans who have invested in bitcoin indicates that most plan to hold on to their investment until the price rises 30 times their purchase price. Ahem.
Mortgage Loan Rates Mostly Flat, Applications Increase
Applications for new mortgages rose by more than 3% last week while mortgage interest rates moved mostly sideways.
Why Target Earnings Are Crushing the Stock
Target reported third-quarter results Wednesday morning that were slightly better than expected, but the company's guidance did not create enthusiasm among investors for the holiday shopping season.
Airbus Gets $50 Billion Jet Order, Boeing Nabs $27 Billion for New 737s
Airbus announced a $50 billion order at the Dubai Air Show on Wednesday. Boeing, with nearly orders worth $20 billion already in the bag, said it had a deal for another $27 billion. Good…
General Electric, Synergy Pharma Stuck Again in Tuesday’s 52-Week Low Club
General Electric, Synergy Pharma, CenturyLink, and Opko Health all posted new 52-week lows Tuesday.
General Electric, Apple Sink DJIA on Tuesday
General Electric, DowDuPont, Apple, and Disney were among the DJIA's big losers on Tuesday.
Tesla Semi Intro Dogged by Lawsuit, Harassment Charge
Tesla is set to unveil its electric semi truck on Thursday, but a new lawsuit and harassment allegations against a board member have formed a cloud over the introduction.
EIA: Crude Oil Production to Rise 80,000 Barrels a Day in December
U.S. crude oil production is expected to rise by 80,000 barrels a day in December, according to a report from the U.S. Energy Information Administration.
Pay Raises Scarce Last Year
Less than half of all American workers got a pay increase last year and older workers fared much worse than their younger associates.
Peer-to-Peer Lending ‘Predatory’ Says Cleveland Fed: UPDATE
Recent research from the Cleveland Federal Reserve Bank claims that peer-to-peer online lending is predatory in its identification of its target market.
Mortgage Delinquencies Fall to 10-Year Low
Mortgage delinquency rates for loans 30 days or more past due dropped to a 10-year low in August. The foreclosure rate dropped by a third year over year as well.
Crude Oil Inventories Decline, but Imbalance to Continue: IEA
The International Energy Agency released its monthly market report and its annual World Energy Outlook Tuesday morning. Global inventories are declining, but the market is expected to remain oversupplied through next Spring.
Why Home Depot Earnings Are Not Pleasing to Investors
Home Depot beat consensus estimates for earnings (by two cents per share) and revenues, but investors must have been expecting more judging from the muted reaction in Tuesday's premarket trading.
General Electric, LendingClub Fall into Monday’s 52-Week Low Club
General Electric, Synergy Pharmaceuticals, LendingClub, and Newell Brands all posted new 52-week lows on Monday.
Home Depot, McDonald’s Buoy DJIA Monday
McDonald's, Home Depot, UnitedHealth, and Procter & Gamble led the DJIA to a small gain Monday.