Rite Aid, General Electric Plunge into Thursday’s 52-Week Low Club
Rite Aid, General Electric, Carrizo Oil & Gas, and Verizon all posted new 52-week lows Thursday.
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Paul Ausick
Cisco Systems, Microsoft Lead DJIA Lower on Thursday
Cisco Systems, Microsoft, Visa, and Intel led the DJIA lower Thursday, but the decline was broad-based with 27 of the 30 stocks heading for a lower close.
Gasoline Prices Near Year-to-Date Low Ahead of July 4 Weekend
U.S. gasoline prices are on track to post a 17-year low on July 4. The average price of a gallon of gas in the U.S. Thursday morning is just a shade over $2.24.
Goldman Sachs Q3 Oil Price Target Plummets
Analysts at Goldman Sachs have slashed their average Q3 forecast price for a barrel of crude oil by more than 13% due to higher production and insufficient production cuts by OPEC and its partners.
Natural Gas Prices Rise on Smaller-Than-Expected Storage Increase
A smaller-than-expected addition to U.S. natural gas stockpiles boosted the commodity's price for August delivery up by about 1%.
2017 Data Breaches Continue to Climb as Petya Malware Strikes
This week's data breach increase is overshadowed by the global Petya malware attack that has disrupted governments and countries.
First We Got Driverless Cars; Are Pilotless Airplanes Next?
Boeing is planning to test an autonomous airplane within the next two years. What does success mean in the context of commercial passenger flights?
Amazon Adds More Countries for Third Annual Prime Day
Amazon.com will kick off its third annual Prime Day promotion on July 10 this year. The event has been extended this year to include shoppers in China, Mexico and India.
Marathon Oil, Anadarko Slink into Wednesday’s 52-Week Low Club
Marathon Oil, DryShips, Anadarko, and Alder Biopharmaceuticals all posted new 52-week lows on Wednesday.
Caterpillar, JPMorgan Lift DJIA on Wednesday
Caterpillar, JPMorgan, Intel, and Disney all contributed to the DJIA's triple-digit rise Wednesday.
Most Americans Can’t Afford a New Car
Americans with a median household income in 24 of 25 major U.S. cities cannot afford to buy a new car.
Crude Oil Price Bounces Higher Following Inventory Report
The weekly report on U.S. crude oil and refined product inventories was better than expected for producers, lifting prices by around 20 cents a barrel shortly after the report was released.
May Pending Home Sales Fall for Third Straight Month
Pending home sales fell in May according to this morning's report from the National Association of Realtors. The index score remained above 100 for the 33rd straight month.
A $71,000 Dodge Hellcat Joins the US Muscle Car Lineup
FCA has introduced a new Challenger Hellcat Widebody for 2018 into the U.S. muscle car category.
New Ransomware Attack Cripples Computers Worldwide
A new ransomware attack struck computers at some 2,000 organizations on Tuesday. Similar to last month's WannaCry malware, this latest attack has caused havoc with systems at some of the world's largest companies.
Mortgage Loan Rates Remained Steady Last Week, Applications Slid 6%
The Mortgage Bankers Association reported about a 6% drop in mortgage loan applications last week even though loan rates remain around eight-month lows.
Marathon Oil, Schlumberger Drop into Tuesday’s 52-Week Low Club
Marathon Oil, Alder Biopharma, Anadarko, and Schlumberger all posted new 52-week lows Tuesday.
Microsoft, Cisco Sink the DJIA on Tuesday
Microsoft, Cisco, 3M, and Coca-Cola were Tuesday's biggest losers among the DJIA stocks.
US Island Homes Offering Peace & Quiet — No Cars Allowed
Want real peace and quiet? Here are seven homes available on U.S. islands that do not allow motorized vehicles. Still want real peace and quiet?
UPS Adding Green Vehicles, Looks to Cut Emissions 12% by 2025
UPS has said it plans to cut greenhouse gas emissions in its fleet of delivery vehicles over the next three years by purchasing at least 25% of new non-conventionally powered vehicles.