October Foreclosure Inventories Highest New York, New Jersey, Hawaii
According to CoreLogic, the current foreclosure rate is the same as the June 2007 rate, and the foreclosure inventory has declined every month for the past 60 months.
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Paul Ausick
Boeing Cuts 777 Production; Iran Says Company to Finance First 6 Planes
Boeing has announced that it will raise its dividend by 30% and cut production of its current model 777 to five per month.
Ophthotech, Alexion Tumble into Monday’s 52-Week Low Club
December 12, 2016: Here are four stocks trading with relatively heavy volume among 28 equities making new 52-week lows in Monday’s session. On the NYSE, decliners led advancers by nearly 2 to 1 and…
J&J, Wal-Mart Lift Dow Higher Monday
December 12, 2016: Markets opened mixed Monday as traders position themselves for the FOMC meeting announcement due on Wednesday. An early 4% spike in crude oil moderated later in the day, but oil prices…
EIA: Drilling Productivity Climbs 56,000 Barrels a Day in December
The U.S. Energy Information Administration (EIA) on Monday released its December report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected to remain essentially…
Gas Prices Soar in Michigan, Indiana, Hawaii, and Ohio
The price of gasoline on Monday morning is up 3 cents compared with last week’s national average pump price for a gallon of regular gasoline. Compared with the same day last year, prices are…
Coal the Cheapest Power Source in Just 3% of the US
A new study has attempted to estimate the most efficient type of electricity generation plant for different parts of the United States.
The Impact of Higher Fuel Economy Standards on US Consumption
The Alliance of Automobile Manufacturers has sent a letter to the president-elect's transition team seeking delays in implementing the emissions rules they had agreed to four years earlier.
Trump Takes a Shot at Lockheed’s F-35 Fighter
Shares of Lockheed Martin traded down nearly 3% in Monday's premarket after Donald Trump called the F-35 Joint Strike Fighter program "out of control."
UPS, FedEx and Postal Service Have Last Shipping Day on December 23 (Mostly)
There are still plenty of U.S. shoppers that still like to hit the retail shops, buy a gift, take it home, wrap it and then send it on its merry way.
Amazon, Wal-Mart and Others Set Last Shipping Day on December 22 (or Later)
Monday, December 12, has been designated "Green Monday," and Free Shipping Day this year is December 16.
Short Interest in 3D Printing Stocks Fading
Short interest during the two-week period ending November 30 fell on three of the four 3D printing stocks we follow.
Short Interest in Solar, Alt Energy Stocks Slips
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on November 30.
3 IPOs Set to Close Out 2016
Four initial public offerings (IPOs) were completed last week, including the third-largest of the year. The coming week’s week calendar includes three new companies having their first go at an IPO in what is…
Just 4 DJIA Stocks Trading Down This Year: Nike, Coke, Pfizer, Disneydow
With three weeks remaining in 2016, just four DJIA stocks are trading down for the year and all but one have a chance to turn positive by the end of the month. With the…
Marijuana News Roundup: Will a Trump Administration Be Able to Turn Back the Clock on Pot
President-elect Donald Trump’s selection of Senator Jeff Sessions to be the next Attorney General is widely believed to be more than just an irritant to the legal marijuana industry. Sessions has been outspoken in…
Boeing Signs $17 Billion Deal with Iran, Challenges Republican Effort to Block Sales
Iran’s official news agency, IRNA, said this morning that the Islamic Republic has signed an agreement with The Boeing Co. (NYSE: BA) to purchase 80 aircraft valued at around $16.6 billion. The deal comes…
Oil Rig Count Rises by 21, Hedge Funds Dump 66 Million Short Barrels
In the week ended December 9, the number of rigs drilling for oil in the United States rose to 498, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Rises to $1,493 a Pound
For the week ended Friday, December 9, the spot price index for a pound of cannabis increased by more than 3%, according to the analysts at Cannabis Benchmarks.
How Much Does a Boeing 787-10 Cost?
The Boeing Dreamliner 787-10 is expected to make its first test flight sometime next year, and the first customer delivery (to Singapore Airlines) is scheduled for 2018.