Luxury Car Companies Dominate Best Auto Website Ranks
J.D. Power last week released the results of a survey on which carmakers have the most effective websites. Luxury makers take the top spots, but there are some interesting anomalies as well.
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Paul Ausick
General Electric Takes Over as DJIA’s Worst Stock of 2017
General Electric has dropped to the bottom of the league table as the worst performing Dow 30 stock of 2017. Friday's Q2 earnings report cost the stock nearly 3% by the time the closing…
Boeing, Still DJIA’s Best Stock in 2017, to Report Q2 Earnings This Week
Boeing remains the best performing stock among the 30 equities that comprise the Dow Jones Industrial Average. The company reports Q2 earnings Wednesday.
GE, IBM Land in Friday’s 52-Week Low Club
GE, DryShips, IBM, and U.S. Silica all posted new 52-week lows on Friday.
GE, Microsoft Weigh on DJIA Friday
General Electric, Microsoft, Chevron, and Goldman Sachs were among the big DJIA losers on Friday.
Oil Rig Count Up by 393 From Year Ago; Crude Oil Price Inches Higher
The US onshore oil rig count dropped by one this week according to the weekly report from Baker Hughes. A sharp projected increase in OPEC production reported earlier this morning is keeping a lid…
Ford to Seek Government Exemption from Air Bag Recall
Ford will seek an exemption to a new recall of defective Takata air bags. Nissan has initiated a recall of more than 500,000 vehicles while Mazda also plans to file for an exemption.
Why Energy Producer Encana’s Stock Has Leaped Higher After Earnings
Encana smashed Q2 profit and revenue estimates this morning and has raised guidance on production in its core regions.
2017 Data Breaches Keeps Up Record Pace with More Than 800 to Date
Data breaches are on a pace to set a new record in 2017. The Identity Theft Resource Center has received reports of 838 breaches so far this year, only about 200 fewer than reported…
Why Schlumberger Q2 Earnings Are Good News
Oilfield services firm Schlumberger reported Q2 results this morning that beat estimates on both profits and revenues. The company's CEO sees "robust" activity in North America and a pick-up in international business.
‘Dunkirk’ and ‘Valerian’ Top Weekend Box Office Picks
Two big-budget movies open this weekend, but a small budget film could be the big surprise.
Why General Electric Earnings Won’t Move the Needle Much (Updated)
GE reported Q2 results Friday morning that beat analysts estimates for both revenues and profits. The company also revved up its cash flow number in CEO Jeff Immelt's final quarter at the company's helm.
Microsoft Earnings Foreshadow Another Yearly High on Friday
Microsoft beat consensus estimates for quarterly and full-year profits and revenues. The stock posted a new 52-week high Thursday and is positioned to do the same thing in Friday's session.
DryShips, C.H. Robinson Slide into Thursday’s 52-Week Low Club
DryShips, C.H. Robinson, Regulus Therapeutics and Genuine Parts all posted new 52-week lows on Thursday.
Nike, Verizon Prop Up DJIA on Thursday
Nike and Verizon propped up the Dow Jones Industrial Average on Thursday while Home Depot and Travelers weighed the index down.
Buying Guns Is Easy — and Cheap — on the Dark Web
A new report by Rand Europe on the availability of firearms on the dark web notes especially the availability and low cost of 3D-printable guns.
Wal-Mart Outpaces Amazon in Online Vitamin Sales
A new report shows that Walmart last year grew its online sales of vitamins and related products at a faster pace than Amazon, which might have its eye on a bigger prize.
Natural Gas Price Ticks Down Following Storage Report
Natural gas prices dipped slightly following the EIA's report that just 28 billion cubic feet were added to US storage last week. US stockpiles remain about 5% above the five-year average for this time…
U.S. Gas Prices Could Top 2017 High by End of Summer
AAA forecast this morning that US gasoline prices could rise to a year-to-date high above $2.42 a gallon by the end of the summer, with a big jump possible within the next week.
Why BMW Invested in Used Car Startup Shift
The venture capital arm of Germany's BMW has led an investment round to raise $37 million for used-car sales startup Shift.