How Sam’s Club Stacks Up Against Costco
Sam's Club put up a pretty weak showing in the second quarter. Compared with Costco, Walmart's club store has some catching up to do.
All Work
Paul Ausick
No, You Can’t Have a Personal Account at the Federal Reserve Bank
The U.S. Federal Trade Commission warned Thursday of a scam that promises consumers an individual account at the U.S. Federal Reserve Bank.
Natural Gas Price Rises on Larger-Than-Expected Storage Injection
U.S. stockpiles of natural gas rose by 53 billion cubic feet last week, slightly more than analysts had estimated. Prices rose slightly, but remain about nine cents lower than a week ago.
Hedge Fund Managers’ Top Stock Picks in Q2
New research from personal finance website WalletHub lists the stocks that were most popular with more than 400 hedge funds in the second quarter. Also noted are the investment changes from five billionaires own…
US Gulf of Mexico Oil & Gas Lease Sales Attract $137 Million in Bids
The U.S. Department of the Interior's Bureau of Ocean Energy Management held its first offshore lease sale on Wednesday and received bids valued at $137 million on 508,096 acres.
Why Walmart Earnings Disappointed Investors
Walmart reported quarterly results this morning that beat earnings estimates by a penny a share and also beat revenue estimates. But profits are under pressure and the company's guidance was disappointing.
General Electric, Transocean Plunge into Wednesday’s 52-Week Low Club
General Electric, Transocean, Whiting Petroleum, and Dick's Sporting Goods all posted new 52-week lows Wednesday.
United Technologies, Home Depot Push DJIA Higher Wednesday
United Technologies, Home Depot, Visa, and McDonald's led the DJIA higher on Wednesday.
Is There a Buyer for Ford?
Ford has had a rough few years, and the carmaker's share price has fallen sharply. Could an acquisition be the answer? Who might be potential buyers?
Crude Oil Price Flat After Inventory Decline on Strong Export Volume
The U.S. commercial crude oil stockpile fell by nearly 9 million barrels last week, but lower demand for gasoline and higher export volumes continue to work against higher crude prices.
Samsung Galaxy S8 Is World’s Best-Selling Android Smartphone in Q2
Samsung's Galaxy 8 is now the best-selling Android-based smartphone in the world according to research firm Strategy Analytics.
July Housing Starts Tumble, but Single-Family Starts Surge
Total housing starts declined in July, countering expectations for further growth. One bright spot, however, came in new construction on single-family homes, up more than 10% year over year.
Boeing, Up Over 50%, Helps Rise in Dow
Boeing's 50% share price increase so far in 2017 has driven the DJIA to a gain of more than 11% for the year to date. And there appears to be little reason for Boeing's…
US Air Force Revs Up for ThunderDrone
The Air Force has announced an upcoming competition "to investigate swarms and platforms and effects and data science of small unmanned aerial vehicles." It's name is ThunderDrone.
Mortgage Loan Rates Ticked Lower Again, Applications Post Tiny Gain
Mortgage loan rates fell slightly last week, and applications for new loans ticked up. Loan refinancings rose to a multi-month high.
Government Share of ACA Premium Hikes Adds $194 Billion to Federal Deficit
The Congressional Budget Office has estimated that maintaining cost-sharing reduction payments to health insurers will add $194 billion to the federal deficit between over 10 years.
JC Penney, Dick’s Sporting Goods Plunge Into Tuesday’s 52-Week Low Club
Transocean, Chesapeake Energy, J.C. Penney, and Dick's Sporting Goods all posted new 52-week lows on Tuesday.
Apple, American Express Pace the DJIA Tuesday
Apple, American Express, Cisco Systems, and Boeing kept the DJIA in the green on Tuesday.
EIA: Shale Patch Production to Climb 117,000 Barrels a Day in September
On Monday the US Energy Information Administration estimated total crude oil production from seven major onshore shale plays would rise by 117,000 barrels a day in September.
Why Jefferies Analysts Like Fiat Chrysler Buyout
Analysts at Jefferies have maintained their Buy rating and price target on Fiat Chrysler stock following reports of potential acquisition by an unnamed Chinese buyer.