Why Apple Earnings Are Pushing the Shares to a New High
Apple's fiscal third-quarter revenues rose 7% and iPhone sales rose above 41 million. For the first time in three and a half years, iPad sales rose both year over year and sequentially.
All Work
Paul Ausick
Under Armour, Sabre Corp. Tumble into Tuesday’s 52-Week Low Club
Under Armour, Sabre, Eldorado Gold, and Gulfport Energy all posted new 52-week lows today.
Intel, Chevron Lift DJIA on Tuesday
Intel, Chevron, JPMorgan Chase, and Verizon contributed most to the DJIA's Tuesday gain.
Car Brands That Did the Worst in July
July sales of passenger cars acted as an anchor on sales at all of the Detroit Three automakers. Ford Mustang and Toyota Corolla were among the worst performers.
Ford Posts Top Unit Volume for a Weak July in Pickup Sales
Full-size pickup truck sales fell nearly 4% year over year in July for the Detroit Three automakers. Ford maintained its volume and market share lead.
GM July Sales Tumble 15%, Inventory Overhang Still Huge
July sales at GM fell by more than 15% year over year with sales in all four of the company's divisions coming in lower than last year. Inventory continues to be a problem for…
Jeep Sales Down 12% in June, FCA Sales Tumble 10% Overall
Fiat Chrysler reported Tuesday morning that July sales fell 10% year over year. The Jeep Patriot and Cherokee models were among the worst performers.
Ford July Sales Dive on Lower Fleet, Car Sales
Ford's July sales dropped more than 7% on a sharp fall in fleet sales and a smaller, but still big, drop in passenger car sales.
Why Sprint Is Getting a Boost After Earnings
Sprint reported its first quarterly net profit in three years before markets opened this morning. The company added 88,000 postpaid subscribers in the quarter, but that is about half the total added in the…
CoreLogic Home Price Index Rises Nearly 7% Again in June
Housing prices rose by more than 6% year over year in June, according to the latest housing price index from CoreLogic. The housing inventory for sale is at a 30-year low.
Will Under Armour Restructuring Raise Investors’ Spirits?
Sports gear maker Under Armour has reported a smaller than expected loss and a narrower miss on revenues for the second quarter. The company also said it will restructure, cutting about 2% of its…
Why Pfizer Earnings Aren’t Exciting Investors
Pharmaceuticals maker Pfizer reported second-quarter earnings before markets opened Tuesday, beating profit estimates by a penny a share, but coming up short on revenues.
BP Earnings Buoyed by Higher Prices, Production
The last supermajor energy company to report second-quarter earnings, BP this morning posted a beat on profit and revenue estimates and has cut its break-even cost per barrel by more than 20%.
Pandora Still Bleeding Listeners, Beating Estimates
Pandora posts beat on profits and revenues, even as listeners melt away and hours drop. Must be the subscription revenues.
Chevron, Home Depot Lead DJIA Higher Monday
Chevron, Home Depot, Procter & Gamble, and 3M led the DJIA to another all-time high on Monday.
Discovery, Eldorado Gold Dip into Monday’s 52-Week Low Club
Discovery Communications, Eldorado Gold, Fluor, and Johnson Controls all set new 52-week lows Monday.
Amazon Prime Pilots Launch Tuesday Protest
Pilots with two carriers contracted to provide planes and staff for Amazon Prime Air will be protesting in Seattle Tuesday, to call attention to the severe staffing shortage these and other carriers are facing.
Gas Prices Spike Up on Venezuela Anxiety and High Oil Supply
U.S. gas prices rose by an national average of four cents a gallon last week as a limit on exports from Saudi Arabia, a continuing drawdown in crude oil inventories and other factors worked…
7 Top Energy Companies Reporting Earnings Tuesday
Just because Exxon Mobil and Chevron have reported second-quarter results does not mean there is nothing interesting left to see in the energy business. Seven firms, with market caps from $114 billion to $5…
Pending Home Sales End 3-Month Slide in June
Pending home sales in the month of June rose, the first increase in four months, according to the National Association of Realtors. Scarce inventory of homes for sale continues holding prices up.