6 IPOs on Calendar for Week of April 3
Six companies are on the calendar for IPOs next week, including a fintech firm back for a second try as well as a major US trucking company and a Brazilian airline.
All Work
Paul Ausick
Frontier Airlines Files for IPO
Ultra-low cost carrier Frontier Airlines has filed preliminary documents for an IPO.
Marijuana News Roundup: 7 Marijuana-related Bills Introduced in US Congress
Seven pieces of legislation were introduced in Congress last week that would make positive changes for the marijuana industry operating in states where cannabis is legal.
The 5 Worst Performing Dow Stocks in Q1
Two energy giants, an industrial giant, a communications giant and the most heavily weighted of the Dow 30 stocks were the DJIA's worst performers in the first quarter.
The 5 Best Performing DJIA Stocks for Q1
Two tech giants, an aircraft manufacturer, a financial giant and a consumer discretionary stock led the Dow to a gain of 4.5% in the first quarter.
The 5 Worst Performing S&P 500 Stocks in Q1
Retail and consumer product stocks were among the biggest first-quarter losers in the S&P 500 Index. But it was a communications firm that worst results in that time.
The 5 Best Performing S&P 500 Stocks for Q1
The first quarter's top-performing stocks in the S&P 500 index included two pharmaceutical firms, an electricity generator, a video game maker and a media company.
Marijuana Price Up 1% to $1,682 a Pound
The wholesale spot price of marijuana rose less than 1% last week, it's third consecutive weekly hike. Demand is rising in anticipation of the 4/20 pot holiday.
Cenovus, Rite Aid Slide into Friday’s 52-Week Low Club
Rite Aid, Cenovus Energy, Depomed, and Diana Containerships posted new 52-week lows Friday.
Exxon, DuPont Weigh on DJIA Friday
Exxon, JPMorgan, DuPont, and Boeing held the DJIA down on Friday.
Nearly 400 2017 Data Breaches Have Exposed More Than 7 Million Records
A massive breach revealed almost 5 million job seekers' personally identifiable information last week.
First Lawsuits Filed to Stop Trump Administration Keystone XL Pipeline Permit
Two lawsuits were filed in Montana Thursday seeking to stop construction of the Keystone XL pipeline. President Trump issued a cross-border permit for the pipeline last week.
Streaming Music Is Top Music Industry Revenue Generator
Streaming music subscriptions now account for more than half of all recorded music revenues according to the RIAA.
IBM Begins Firings at North Carolina Site
IBM has begun laying off staff at its Research Triangle Park campus in Durham, North Carolina, and more cuts are anticipated in the UK and, perhaps, elsewhere.
Boeing Pitches Navy to Drop F-35Cs, Buy F-18s
Boeing has renewed efforts to persuade the U.S. Navy to substitute planned purchases of the Lockheed Martin F-35C fighter jet with a squadron or two of Boeing's F/A-18s.
Lululemon, Cenovus Energy Dive into Thursday’s 52-Week Low Club
Lululemon, Cenovus Energy, Rite Aid, and First Solar all posted new 52-week lows Thursday.
Exxon, Goldman Sachs Lead DJIA Higher Thursday
Exxon, Goldman Sachs, American Express, and Wal-Mart lifted the DJIA on Thursday.
14 Million Credentials Stolen from US Universities for Sale on Dark Web
Millions of login credentials have been stolen from US institutions of higher education and these are available for sale at premium prices on the dark web.
Q1 IPOs Raised $10 Billion
First-quarter IPOs raised nearly $10 billion for 25 companies, and the second quarter is expected to be equally good, if not somewhat better.
Natural Gas Price Steady Following Storage Report
U.S. natural gas inventories matched the expected drawdown for last week as the country nears the end of the winter heating season.