Mortgage Delinquencies Remain at 10-Year Low
Mortgage loan delinquency rates remained near 10-year lows in February, with the exception of a slight rise in loans that moved from current to 30-days past due.
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Paul Ausick
Why Plug Power’s Earnings, Revenue Miss May Not Be So Bad
Fuel cell maker Plug Power missed analysts estimates for first-quarter earnings and revenues, but the company reiterated previous fiscal year guidance after signing deals with Amazon and Carrefour.
How Valeant Earnings Beat Estimates
Canadian pharmaceutical maker Valeant posted a big beat on both earnings and revenues Tuesday morning. The company also raised its adjusted EBITDA guidance for the full fiscal year.
More Than 1 Million Sign Petitions Demanding Amazon Stop Advertising on Breitbart
Groups seeking to get Amazon.com to stop advertising on alt-right websites like Breitbart.com have gathered 1 million signatures on petitions they plan to hand over to the company prior to the May 23 stockholders'…
Horizon Pharma, TherapeuticsMD Dive into Monday’s 52-Week Low Club
Horizon Pharma, TherapeuticsMD, DDR Corp., and Cobalt Energy all posted new 52-week lows on Monday.
DuPont, Intel Weigh on DJIA Monday
DuPont, Intel, Goldman Sachs, and General Electric were the big drags on the DJIA Monday.
Half of Americans Who Don’t Own Homes Expect to Buy Within 5 Years
Half of Americans who do not currently own a home expect to purchase one in the next five years. Continually rising prices may hamper those plans, however.
Data Breaches Remain Well Above 2016 Record Pace
Through May 3, 2017, there have been 538 data breaches and more than 9.8 million records have been exposed since the beginning of the year. This is more than a third higher than the…
Why Oil Could Drop to $40 a Barrel
Despite the crude oil production cuts from OPEC and its partners, global oil inventories are not falling quickly and long-term crude oil futures contracts are now declining as well.
Slump at the Gas Pump Continues Before Summer Driving, Down In 49 States
The national average price for a gallon of regular gasoline Monday morning was $2.302, down more than 4 cents a gallon week over week, and down nearly 8 cents compared with a month ago.
Coach Goes for Growth with Acquisition of Kate Spade
Coach has agreed to acquire Kate Spade for $2.4 billion in cash in a deal that unites two pre-eminent luxury brands and accessories makers.
Unnamed Bidder Doubles Down on Straight Path
Straight Path Communications has received an even sweeter bid from an unnamed telecom company that the one the same company made less than 10 days ago. Will AT&T respond?
IPOs This Week: Manufacturing Firm Gardner Denver Seeks $1 Billion
Six initial public offerings (IPOs) are on the calendar for the coming week, including a $1 billion deal from Milwaukee-based manufacturer Gardner Denver.
Is New Chinese Plane Really a Threat to Boeing?
Chinese aircraft maker Comac successfully completed the first test flight of its C919 passenger jet. The single-aisle plane takes on the same market currently served by Boeing and Airbus.
Marijuana News Roundup: Budget Bill Protects Medical Marijuana
The recently passed budget bill that funds the federal government includes a provision prohibiting using federal funds to go after medical marijuana businesses. But in a signing statement on the bill, President Trump stated…
Apple Is DJIA’s Best Performing Stock of 2017
Apple retained its top ranking as the best-performing stock on the Dow Jones Industrial Average index last week. In fact, the stock rose nearly 4% and posted a new 52-week high after reporting earnings.
Verizon Remains DJIA’s Worst Performing Stock for 2017
Verizon posted a new 52-week low last week, but shares recovered a bit on Friday to end the week on a positive note. Still, the company remains the worst performer among the Dow's 30…
4 New Rules for Home Sellers
Though today's housing market favors home sellers, getting the best price for your home means paying attention to how the market has changed over the last several years.
Marijuana Price Slides to $1,630 a Pound
U.S. wholesale spot prices for a pound of marijuana dipped last week to $1,630. The average wholesale price for a gram was around $4.00.
Frontier Communications, Seadrill Tumble Into Friday’s 52-Week Low Club
Frontier Communications, Cobalt Energy, SeaDrill, and AmpliPhi all posted new 52 week lows Friday.