Fitbit, Kroger Dive into Monday’s 52-Week Low Club
Frontier Communications, Fitbit, Kroger, and Aralez Pharmaceuticals all posted new 52-week lows Monday.
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Paul Ausick
Intel, GE Weigh on DJIA Monday
Intel, GE, Merck, and Chevron weighed on the DJIA Monday.
Will Northeast Blizzard Cost US Economy $3 Billion?
The winter storm brewing up for the East Coast of the US is bringing high winds and up to a foot and a half of new snow. How much will the storm cost the…
23% of Owners Say They Plan to Upgrade to New Apple iPhone in the Fall
A new report from Loup Ventures suggests that 23% of current iPhone owners intend to purchase the latest version of the Apple smartphone when it becomes available in the fall.
Will Pandora’s On-Demand Streaming Service Make a Difference?
Pandora Media has announced the launch of its Premium on-demand streaming service. At $9.99 a month, the going is going to be tough against established players like Spotify, Apple, and Amazon.
Oil Price Plunge Leads to Falling Gas Prices
In a rare move for this time of year, gasoline prices fell by about two cents a gallon week over week. The average U.S. price for a gallon of regular gas is $2.29.
How Much Does a Boeing 737 Cost?
Boeing will begin construction later this month on a final assembly in China. The plant, a joint-venture between Boeing and China's Comac, is expected eventually to produce 100 finished planes a year.
Why Intel Wants to Acquire Mobileye
Intel will pay more than $15 billion to acquire autonomous driving company Mobileye in the largest deal to date in the fast-moving self-driving technology race.
GM Has Huge Supply of Unsold Cars
Auto industry inventories of unsold vehicles reached a near-13-year high at the beginning of March of 4.1 million vehicles. GM's inventory rose month-over-month while both Ford and Fiat Chrysler saw inventories decline.
4 IPOs on Tap This Week After a So-So Performance Last Week
On this week's IPO calendar we find a hydraulic fracturing company, an enterprise software company, a maker of high-end parkas, and a metal and glass container manufacturer.
Exxon Mobil Down Nearly 10% in 2017 Is DJIA’s Worst Performing Stock
Exxon Mobil continues its reign as the worst-performing DJIA stock of 2017. The company last week announced the acquisition of a $2.8 billion stake in a massive natural gas project in Mozambique.
Apple Is DJIA’s Best Performing Stock of 2017, Up 20%
Even though the company's share price slipped last week, Apple remains the best performing DJIA stock in 2017, up about 20% for the year to date.
Marijuana News Roundup: No State Wants to Be Left Behind in Pot Legalization
Another 17 states are considering legalizing marijuana, fearing that they'll be left behind in the revenue sweepstakes. Other top stories are research- and health-related and how implementation is going in Florida.
Major League Baseball Faces Class Action Suit From Minor League Players
A class action lawsuit against Major League Baseball has been allowed to move forward by a California federal court. Minor league players are seeking to be paid minimum wage for the hours they spent…
Living Can Be Cheap — and Boring — in Small Towns, but Here Are 10 Worth Considering
If you've ever considered moving to a small town to take advantage of the lower housing prices and slower pace of life, here are 10 U.S. small cities that might have just what you're…
5 Things You Can Do With Virtual Reality
The price for top-notch virtual reality gear is coming down, and that could lead to explosive growth over the next several years. But there are plenty of applications you can use right now to…
Oil Rig Count Rises by 8, Hedge Funds Now Wary of Massive Long Positions
The U.S. onshore rig count rose by 12 last week, with seven rigs added to drill for oil and five to drill for natural gas. Hedge funds have begun backing off record long positions…
Marijuana Price Ticks Up 1% to $1,574 a Pound
Wholesale spot prices for marijuana rose 1% last week to $1,574 per pound. In the retail market for legal sales, prices ranged from $21 to $3 per gram.
Kimco, Sally Beauty Trip into Friday’s 52-Week Low Club
Tahoe Resources, Sally Beauty, Kimco Realty, and Spirit Realty Capital all posted new 52-week lows Friday.
General Electric, Caterpillar Push DJIA Higher Friday
GE, Caterpillar, UnitedHealth, and P&G send DJIA higher on Friday.