Marijuana Price Slips to $1,465 a Pound
For the week ended Friday, December 16, the spot price index for a pound of cannabis decreased nearly 2%, according to the analysts at Cannabis Benchmarks.
All Work
Paul Ausick
New Car Prices Reach All-Time High in 2016
If you think that new cars and light trucks are getting more expensive, you're right. The average transaction price for a new vehicle hit an all-time high in 2016.
Abercrombie & Fitch, Hanesbrands Dip into Friday’s 52-Week Low Club
December 16, 2016: Here are four stocks trading with relatively heavy volume among 49 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 4 to 3 and…
Intel, Caterpillar Sink DJIA on Friday
December 16, 2016: Markets opened higher again Friday but equities seemed to prefer trading sideways for most of the afternoon. Among the sectors, utilities and real estate performed best while tech and financials lagged.…
Apple Pushes Last-Minute Gifts of Watch and Beats Headphones
As Christmas Day gets nearer, online retailers spend more time promoting their shipping options so customers can be sure of getting the product in time for it to go under the tree. Apple Inc.…
Oppenheimer Remains Upbeat on Home Depot
At a breakfast meeting the company held on Thursday for sell-side analysts, Home Depot satisfied analysts from Oppenheimer.
Are Delivery Services or Kiosks More Important for McDonald’s?
McDonald's must see the extended delivery service as an opportunity for incremental revenue with little downside risk. But its digital self-order kiosks may be more important.
Is Cold Weather Good News or Bad for Retail?
A blast of cold Arctic air swept across much of the northern part of the country last week, and an even colder shot is due in the next few days.
November Housing Starts Tumble 19%
The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in November tumbled more than expected.
50 Great Disney Characters on 50th Anniversary of Walt Disney’s Death
The media empire known as the Walt Disney Company got off to a rocky start in 1923, but since then it has created dozens of characters that are nearly instantly recognizable to millions.
Why Investors Are Not Pleased With Oracle Earnings
Oracle reported mixed fiscal second-quarter 2017 results after markets closed Thursday, and investors were not impressed.
Marijuana Use Among Teens Continues Falling
One of the knocks on legal marijuana, whether for medicinal or recreational use, is that legalization sends a message to teens that using the drug is acceptable. If that is true, then the message…
Adobe Posts Strong Earnings; Strong Dollar Affects Outlook
Adobe Systems Inc. (NASDAQ: ADBE) reported fiscal fourth quarter and full-year 2016 results after markets closed Thursday. The software company reported adjusted earnings per share (EPS) of $0.90 on record revenue of $1.61 billion.…
Valeant, HiMax Lead Thursday’s 52-Week Low Club
December 15, 2016: Here are four stocks trading with relatively heavy volume among 65 equities making new 52-week lows in Thursday’s session. On the NYSE, advancers led decliners by about 8 to 7 and…
Goldman Sachs, JPMorgan Dominate DJIA Thursday
December 15, 2016: Markets opened slightly higher Thursday following Wednesday afternoon’s Fed rate hike and the promise of more to come next. A stronger dollar held crude prices in check. As nearly every day…
November Home Builder Confidence at Highest Level Since 2005
The National Association of Home Builders (NAHB)/Wells Fargo housing market index for November jumped to 70, the highest index reading since July 2005. The reading handily beat the consensus forecast of 63 from a…
Analyst Lowers Estimates on Cruise Line Operators
Two cruise line operators recently announced Cuban government approval to begin trips to the island nation, but they all say that the initial benefit from opening up travel to Cuba is likely to be…
Natural Gas Price Dips Again After Storage Report
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected in the week ending December 9.
America’s 10 Most Endangered Jobs
Even if the new president can persuade companies to increase or bring back U.S. manufacturing jobs, those jobs very likely will be no more than temporary as robotics and artificial intelligence get better and…
The 5 Top City Destinations for the Holidays
U.S. highways and airports are going to be a bit more crowded during this year's holiday season, according to the AAA. Four of this year's top five holiday destinations are warm-weather cities.