Wal-Mart, UnitedHealth Dominate DJIA Tuesday
Wal-Mart, UnitedHealth, Boeing, and Cisco pushed the DJIA to a new high Tuesday.
All Work
Paul Ausick
Hedge Funds Bought Financial, Health Care Stocks in Q4
Hedge funds cut their fourth-quarter investment in equities by 1%, with the biggest cuts coming to Procter & Gamble and Amazon. Bank of America and NXP Semiconductors were the most heavily bought.
Have Business Leaders Donned Rose-Colored Glasses?
Executives of midsized U.S. businesses are looking much more optimistic about the U.S. economy in 2017, and more than three-quarters expect a positive impact from the election of President Donald Trump.
Freeport-McMoRan Lowers Production Estimates After Failing to Reach Grasberg Deal
Freeport-McMoRan has failed to reach an agreement with the government of Indonesia and is implementing plans to reduce production at its Grasberg mine and lay off workers.
Have Wal-Mart Earnings Finally Turned a Corner?
Wal-Mart posts solid gains for the quarter and the year as rising fuel prices and growth in online sales boost revenues.
Apple Appeals EU’s $14 Billion Tax Demand
Apple on Monday filed its appeal of a $14 billion bill for back taxes owed the European Union. The government of Ireland has also filed an appeal contesting the demand.
Why Investors Are Driving Home Depot to New Highs After Earnings
Home Depot beat estimates on profits and revenues for its fourth quarter and full year. Premarket trading has pushed the stock to a new all-time high.
Will 74 New Airports in China Help Boeing?
China is planning to build 74 new airports in its smaller cities between now and 2020. The new airports will require new planes and Boeing sees a vast opportunity in China over the next…
President’s Day Holiday Quiets IPO Market
The IPO market takes week off to prepare for the Snap IPO due out on March 2. Here's a look at some companies that filed for IPOs last week, including three firms that specialize…
Will India’s 43 New Airports Help Boeing?
India plans to reopen 43 regional airports, adding more routes and more flights at low price points for the fastest growing air travel market in the world. Boeing has a chance to capture more…
Facebook’s Market Value Passes Exxon’s
Facebook has passed Exxon Mobil to become the sixth-most valuable US company and its growth trajectory is still positive while Exxon may face further diminution of the value of its energy reserves.
Do CEO IQs Matter as Much as Looks?
What is the more important quality in a CEO, brains or looks? When it comes to pay, looking like a CEO pays off better than performing well.
Marijuana News Roundup: How Safe Is Smoking Pot?
This week's roundup of marijuana-related stories includes a new study that indicates smoking pot can cause serious infections in some people and pot-selling operation in NYC that nets $27,000 a week.
Apple Is Dow’s 2017 Best Performing Stock in 2017
Apple remains the best performing Dow stock for the year to date in 2017. The shares posted another new 52-week high last week, and have gained more than 17% this year.
10 US Cities With the Fastest Growing Suburbs
U.S. suburbs are growing faster than cities, and here are the 10 fastest growing suburbs in the country.
Exxon Mobil Is Dow’s Biggest Loser in 2017
Exxon Mobil is the Dow's worst performing stock to date in 2017. Shares are down more than 9%, while crude prices have dropped less than 1%.
Marijuana Price Rises Less Than 1% to $1,649 a Pound
The wholesale spot price for a pound of marijuana rose less than 1% last week to $1,649. Futures prices remained steady.
Sabre Corp., L Brands Dip into Friday’s 52-Week Low Club
L Brands, DDR, Sabre Corp., and ArQule posted new 52-week lows on Friday.
UnitedHealth, Exxon Sink DJIA on Friday
UnitedHealth, Exxon, Disney, and Chevron weighed on the DJIA index Friday.
Cyberattacks From Iran Intensify, Financial Sector Could Be Targeted
Increased tensions between the U.S and Iran could be leading to a new wave of cyberattacks against U.S. firms. Financial sector companies are especially attractive targets, according to some security experts.