April Housing Starts, Permits Bring Bad News for First-Time Homebuyers
The US Census Bureau reported this morning that U.S. new home construction fell month over month in April, and rose less than 1% year over year.
All Work
Paul Ausick
IEA Oil Market Report Sees Bumpy Road to Rebalancing
The IEA reported this morning that global crude oil supply dipped slightly in April but demand remains on track to reach nearly 98 million barrels a day this year.
Fiat Chrysler Hammers Ford in April EU Sales
New car registrations in the European Union declined year over year in April, the first such decline in nearly three years. Among U.S. car makers, Fiat Chrysler was the top seller, displacing Ford.
How Home Depot Earnings Are Pushing the Stock to New Highs
Home Deport report first-quarter results Tuesday morning that beat earnings and sales estimates. The home improvement giant also raised its full-year earnings estimate.
J.C. Penney, Verizon Tumble into Monday’s 52-Week Low Club
Penney's, Macy's, Verizon, and Urban Outfitters all posted new 52-week lows on Monday.
Johnson & Johnson, Cisco Systems Lift DJIA Monday
J&J, Cisco, Caterpillar, and Goldman Sachs led the Dow Industrials higher on Monday.
Google, Volvo to Show Off Android Integration in Connected Car
Google and Volvo announced this morning that the two companies are working together to put Android at the center of new connected cars from Volvo.
Homebuilder Confidence Climbs in May
The National Association of Home Builders reported its May housing market index rose to 70 in May, the second highest reading since the market collapsed a decade ago.
Top Credit Suisse Pharma Picks Ahead of Catalysts
Credit Suisse provided its outlook for several large-cap pharmaceutical stocks Monday morning. The analyst has three top picks to consider.
Have Analysts Finally Given Up on JC Penney?
Analysts are weighing in on J.C. Penney's weak earnings report from last Friday, and the news is not good for the venerable retailer.
Westmoreland Coal Earnings and the Troubles Ahead for Coal
Westmoreland Coal stock hit hard by big earnings miss. Despite encouraging words from some analysts, prospects for coal, even this year, are not terribly bright.
Defending Yourself — and Your Computer — From WannaCry Ransomware
A massive ransomware attack last Friday has affected hundreds of thousands of computers running old versions of the Windows operating system. Here are some steps to take to protect yourself and your computer.
OPEC, Russia Want Longer Period of Production Cuts
Saudi Arabian and Russian oil ministers will propose extending crude oil production cuts through the first quarter of 2018. Crude prices moved higher on the report.
IPOs This Week: Chinese Education Firm Bright Scholar Aims for $135 Million
Four IPOs are on the calendar for the week of May 15: three biotech companies and one China-based education company.
‘Guardians of the Galaxy Vol. 2’ About to Become Second Most Successful Movie of 2017
Buena Vista Studios' "Guardians of the Galaxy Vol. 2" is expected to win the box office race again in its second weekend of release. The film is on track to be 2017's second-highest grossing…
SpaceX Settles Low-Pay Suit for $500
Some 4,100 workers at SpaceX, a company owned by Tesla CEO Elon Musk, have reached a settlement in a pay dispute that will see an average payout of $500 per employee.
Marijuana News Roundup: US Attorney General Sessions Gets Tough
US Attorney General Jeff Sessions on Friday ordered Justice Department prosecutors to take a tougher stance on charging and sentencing. Other news includes a study out of Germany on how cannabis may help slow…
Best Performing DJIA Stock of 2017: Apple, by a Mile
Apple's market cap topped $800 billion last week as the stock posted another 52-week high. Shares have risen nearly 35% year to date.
10 US Cities Where Real Estate Prices Have Come Back the Most
The housing price recovery has been going on for about six years now, and the median home price in the U.S. reached a new peak last year. Here are the 10 cities where the…
Verizon Can’t Shake Position as DJIA’s Worst Performing Stock for 2017
Shares of Verizon lost 1.8% last week, mostly after the company's announcement of its $3.1 billion acquisition of Straight Path Communications. Verizon remains the worst performing stock on the Dow for the year to…