DuPont, Apple Drive DJIA Higher on Friday
Apple, DuPont, Merck, and Verizon lead DJIA higher on Friday.
All Work
Paul Ausick
OPEC Crude Oil Production Unchanged in April: Platts
10 OPEC members maintained April crude oil production at March levels and for the first four months of the production cuts, the cartel is just 5% above its agreed daily quota of 32.5 million…
Wal-Mart’s No-Interest Financing Plan Is a Good Deal for Consumers
Walmart has begun a new credit card program that offers no-interest financing for a promotional period. What is different about the deal is that no interest accrues or is deferred during the promo period.
Has Anadarko Stock Been Punished Too Much?
Anadarko Petroleum's share price has dropped more than 15% since an explosion near one of its wells in Colorado killed two people and severely injured another.
Half of Americans Believe Russia Now More Dangerous Than Ever
Reports of Russian interference with U.S. elections and a rising cybersecurity threat from Russia have half of Americans saying that the country is a bigger threat now than it was during the Cold War.
China Q1 Smartphone Shipments Up Slightly, but Apple Down 15%
Apple's first-quarter market share dropped year over year while the market grew. Its iPhones dominate the high-end of the market, however.
Tablet Sales Drop 8.5% in Q1, Tenth Straight Quarterly Decline
Tablet shipments declined for a tenth straight quarter in the first quarter of 2017. Slate devices like the iPad see sinking numbers will detachable keyboard devices shipments are increasing.
Frontier Communications, Verizon Sink into Thursday’s 52-Week Low Club
Frontier Communications, Verizon, Spirit Realty Capital, and Southwestern Energy all posted new 52-week lows on Thursday.
Chevron, Exxon Sink Dow on Thursday
Caterpillar, Chevron, Exxon, and American Express led Thursday's decline in the DJIA.
Wal-Mart Offers New No-Interest Financing
Walmart is offering a credit card that charges no interest during an initial promotional period, nor does the debt accrue interest during the promo period.
Is President Trump Offering Caribbean Estate For Sale?
A 5-acre property on the Caribbean island of St. Martin currently owned by President Donald Trump is reportedly for sale.
Chesapeake Stock Takes a Beating After Reporting Lower Production
Chesapeake Energy stock is being pummeled after reporting better-than-expected earnings and revenues. Production fell, though, and capex was higher than expected.
Natural Gas Price Dip Following Larger-Than-Expected Storage Report
The EIA reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending April 28.
Ferrari Supercars Drive Stock to All-Time High
Ferrari shares posted a new all-time high Thursday morning after handily beating both revenue and profit estimates.
Tax Reform Delay Will Harm US Economy: CEOs
A recent survey of U,S, CEOs by Business Roundtable found 90% believe that delaying tax reform will harm the U.S. economy.
US Auto Fuel Economy Rating Rises to 25.3 MPG in April
New cars sold in the U.S. during April had a fuel economy rating that was up slightly from March and up 26% compared with the 2007 rating.
Boeing’s New Air Force Tanker Still Faces Problems
Boeing announced on Wednesday that a sixth KC-46A tanker has entered the tanker test program. It is one of the 18 Boeing is scheduled to deliver to the U.S. Air Force by January 2018.
Can Chesapeake Energy’s Earnings Keep Growing?
Oil and gas producer Chesapeake Energy posted better-than-expected first-quarter 2017 earnings before markets opened Thursday.
Were Tesla’s Earnings Too Boring for Investors?
Tesla this afternoon reported a diluted loss per share of $1.33 on revenues of $2.7 billion in Q1 of 2017, compared to consensus estimates calling for a per-share loss of $0.82 and $2.61 billion…
Frontier Communications, Noble Energy Plunge into Wednesday’s 52-Week Low Club
Frontier Communications, DryShips, Spirit Realty Capital, and Noble Energy all posted new 52-week lows Wednesday.