Thanksgiving Day is a uniquely American holiday, and most Americans celebrate the holiday with a family get-together, a Thanksgiving feast, and then maybe football or shopping. What’s not to be thankful for? In keeping…
The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 2 billion cubic feet for the week ending November 18. Analysts were expecting a storage addition of about…
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week, maintaining a total U.S. commercial crude inventory of 489…
The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that sales of new homes in October slipped to a seasonally adjusted annual rate of 563,000, a decrease of…
The Federal Housing Finance Agency (FHFA) reported Wednesday morning that U.S. home prices rose 0.6% sequentially in September. Home prices rose 0.7% sequentially in August. Compared with the third quarter of 2015, the inflation-adjusted…
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a week-over-week increase of 5.5% in the group’s seasonally adjusted composite index for the week ending November 18. Mortgage…
Earlier this week Apple Inc. (NASDAQ: AAPL) teased a one-day Black Friday sale. The teaser shows an Apple Watch, but no prices are listed yet. Presumably those come on Black Friday. Given that Apple…
GameStop Corp. (NYSE: GME) reported third quarter 2016 results after markets closed on Tuesday. The video game retailer posted diluted earnings per share (EPS) of $0.49 on $1.96 billion in revenues. In the same…
November 22, 2016: Here are four stocks trading with relatively heavy volume among 38 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by about 2.5 to 1 and…
November 22, 2016: Markets opened higher again Tuesday after all three major indexes closed at new all-time highs on Monday. A report on existing home sales also provided a boost as the number of…
In 2014 U.S. liquids production from shale and other tight plays in the Lower 48 rose by nearly 1.7 million barrels a day. In 2015 average growth had dropped to 1.16 million barrels a…
In August of 2016, cash sales comprised 31.1% of all home sales, down from 32.6% in August of 2015, marking the 44th consecutive year-over-year monthly decline. Cash sales rose by 0.4 percentage points month-over-month.…
The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in October rose 2% to a seasonally adjusted annual rate of 5.6 million from an upwardly revised…
It would have been hard not to notice that Black Friday sales promotions started earlier than ever this year. The bottom of the bowl of Halloween candy wasn’t even visible when retailers began advertising…
Offshore drilling company SeaDrill Ltd. (NYSE: SDRL) posted third-quarter 2016 results before markets opened on Tuesday morning. The company posted adjusted diluted earnings per share (EPS) of $0.28 on revenues of $743 million. In…
While location may be the most important consideration for a prospective home buyer, size also matters. For the same amount of money you can buy a 7,000-square foot mansion in Detroit or a 165-square…
Monday was a busy day at The Boeing Co. (NYSE: BA). Ray Conner is retiring, effective immediately, as CEO of Boeing’s commercial aircraft group, but will retain his role as vice-chairman of the company…
November 18, 2016: Here are four stocks trading with relatively heavy volume among 39 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by nearly 3 to 1 and…
November 21, 2016: Markets opened higher Monday and all three major indexes put up new, all-time intra-day highs after Friday’s modest sell-off. The energy sector added about 2% for the day’s best gain, but…
Analysts at WardsAuto expect November sales of cars and light trucks to reach 1.367 million units, up from 1.323 million units in November of 2015 thanks to 2 extra selling days this year. The…
