Is Chesapeake Energy Entering a Death Spiral?
Oil and gas producer Chesapeake Energy beat the consensus estimate for earnings but missed revenue estimates. But costs are rising and production is expected to be no better than flat year over year, so…
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Paul Ausick
46.5% of College Dropouts in Default
Nearly half of college dropouts are in default on the loans they took out to attend college and 15% have no plans to repay that debt.
DowDuPont Tops Estimates, Promises More Layoffs
DowDuPont on Thursday reported pro forma earnings and revenues that beat analysts estimates. The company said it plans to take additional merger-related charges totaling around $1 billion in the fourth quarter.
Tesla Posts Loss, Pushes Out Model 3 Production Ramp
Automaker Tesla posted a larger than expected loss Wednesday afternoon and pushed out its production ramp on the Model 3 by a full quarter.
Wednesday’s Biggest Winner and Loser Among the S&P 500
Equities markets closed mixed Wednesday with the S&P 500 and the DJIA both closing higher while the Nasdaq Composite closed lower.
General Electric, AT&T Wallow in Wednesday’s 52-Week Low Club
General Electric, AT&T, Envision Healthcare, and AKS Steel all posted new 52-week lows on Wednesday.
Intel, Cisco Systems Pace DJIA to Gains Wednesday
Intel, Cisco Systems, Disney, and Visa led the DJIA to another record high Wednesday.
New Construction Spending Modestly Higher in September
Spending on new construction rose slightly in September, but new single-family residential construction is up nearly 12% year over year.
Ford F-Series Sales Up 16% in October, but Share Dips 1%
Total full-size pickup truck sales rose slightly year over year in October, with Ford once again leading in market share.
Crude Oil Price Drops on Lower Inventories, Booming Crude Exports
U.S. crude oil stockpiles fell by more than 2 million barrels, but exports rose to nearly equal that amount every day of the week. U.S. crude prices stumbled from gain of more than 1%…
Jeep Sales Down 3% in October, FCA Sales Tumble 13% Overall
Fiat Chrysler's October sales dipped 4% as none of the company's major brands was able to post a monthly gain. The company's best-selling Ram pickup posted a 1% year-over-year gain for the month.
GM October Sales Dip 2%, Inventory Overhang Rises to 80 Days
GM's U.S. sales dropped more than 2% year over year in October as fleet sales rose, but not enough to offset the drop in retail sales. The number of vehicles in inventory dropped, but…
Ford October Sales Up 6% Led by F-Series Pickup
Ford's October U.S. sales topped 200,000 vehicles, up more than 6% year over year. The best-selling F-Series pickups saw average sales prices rise by $4,000 compared with last year.
Facebook to Throw 10,000 More Workers at Security Issues
In a congressional hearing Tuesday, Facebook said it plans to hire 10,000 people to review ads and accounts in an effort to stop the spread of disinformation. Is that really going to help?
US Airlines Expect 29 Million Passengers for Thanksgiving Holiday
The Thanksgiving Day holiday is expected to lure nearly 29 million travelers into airports and onto airplanes this year, an increase of 3% over last year's crowd.
Mortgage Loan Rates Higher, Applications Dip as Lenders Await New Fed Chair
Mortgage loan rates rose to multimonth highs last week as demands for bonds rose. That demand has cooled somewhat as markets await the naming of a new chairperson for the Federal Reserve Bank.
Why 3D Systems Earnings Plummeted More Than 15%
3D Systems posted a big earnings miss Tuesday after markets closed on a significant drop in revenues. The company did not provide guidance, but that probably saved the stock from a bigger drop.
General Electric, Under Armour Plunge into Tuesday’s 52-Week Low Club
AK Steel, General Electric, Under Armour, and Eldorado Gold all posted new 52-week lows Tuesday.
Apple, Intel Lift DJIA on Tuesday
Intel, Apple, Goldman Sachs, and Chevron did the heavy lifting to push the DJIA up Tuesday.
Does Deal With Ford Offset Qualcomm’s Potential Loss of Apple?
Qualcomm and Ford said Tuesday that they will begin road testing a new vehicle-to-vehicle communications platform just a day after reports that Apple may stop using Qualcomm chips in its iPhones and iPads.