Apple Dominates DJIA on Wednesday
Apple, DuPont, Disney, and Goldman Sachs were top performers on the DJIA Wednesday, with Apple and Disney posting new 52-week highs.
All Work
Paul Ausick
New Construction Spending Up 4% in December
New construction in December totaled an estimated $1.2 trillion seasonally adjusted annual rate, down slightly from the November rate, but 4.2% higher than the December 2015 rate.
How Analysts Keep Changing Tune on Exxon Mobil After Earnings
Exxon Mobil earnings did not cause analysts either to rush into or out of the company's stock. The verdict seems to be wait-and-see.
Ford F-150 Outsells Silverado by 22,000 Units in January
Ford F-Series pickups were January's best sellers by a wide margin. Looking ahead, two primary drivers for new car sales are tugging in opposite directions.
Crude Oil Price Ignores Inventory Growth, Believes in OPEC Cuts
US crude oil inventories swelled by more than 6 million barrels last week, but the increase did not stop a price increase as traders see early results for OPEC-led production cuts.
GM January Sales Slide 4% as Pickup Sales Falter
GM continues to pull out of the fleet sales business, having chosen instead to focus on the higher margin retail business. The effect is to depress volume sales.
Fiat Chrysler January Sales Tumble on Slow Jeep Sales
Year over year, sales dropped 11% at Fiat Chrysler in January, in part due to slow Jeep sales, but that was less than expected.
Why Ford’s January Sales Lifted the Stock Price
Sales of Ford F Series pickups increased by more than 12% last month, while sales of the Lincoln brand rose more than 22%.
How Facebook and Apple Are Threatening Network TV
The development of a Facebook app that would run on a set-top box like Apple TV could pose a major threat to both big media and telecom companies.
Do Americans Trust the November Election of Donald Trump?
How much do Americans trust the results of the November election that put Donald Trump in the White House? Did they think it was fair? A new survey offers some answers to these and…
Mortgage Loan Rates Move Higher for Second Consecutive Week
Mortgage loan rates turned higher again last week and applications for new mortgages declined by more than 3%.
Why AMD Earnings Are Driving Shares Higher
AMD beat estimates and offered a strong year-over-year revenue outlook.
Under Armour, Rite Aid Fall into Tuesday’s 52-Week Low Club
Under Armour, Rite Aid, Tenax Therapeutics, and Infosys posted new 52-week lows on Tuesday.
Goldman Sachs, Intel Lead DJIA Down Tuesday
Goldman Sachs, JPMorgan, Intel, and Exxon weighed on the DJIA Tuesday.
US Crude Production Up 100,000 Barrels a Day in November
US crude oil production rises 100,000 barrels a day, but remains about 500,000 barrels below year-ago levels.
Satisfaction With Federal Services at 4-Year High
Americans were more satisfied with government services in 2016 than at any time since 2012.
Why the Conduent Spin-Off Failed to Lift Xerox Earnings
Xerox earnings and revenues came in light for both the quarter and the full year as the Conduent spin-off was completed.
Obamacare Repeal Cost: 1.2 Million Jobs Nationwide
Repealing Obamacare could cost up to 1.2 million U.S. jobs, and that is not a price that opponents are willing to pay yet.
November Home Prices Set Another New All-Time High: Case-Shiller
The S&P CoreLogic Case-Shiller national home price index rose to a record high in November. Seattle and Portland saw the biggest gains.
Why Exxon Mobil Earnings Tumbled 40%
Exxon earnings were a little worse than expected, but investors apparently believe that the recent acquisition of Permian Basin acreage is major positive going forward.