Just over half (51%) of an individual’s average $400 Thanksgiving weekend shopping budget will be spent online. That’s $205 compared with $185 (46%) in stores and the remaining 3% ($10) on catalog shopping. Three-quarters…
Late Sunday afternoon cyber security firm Symantec Corp. (NASDAQ: SYMC) and LifeLock Inc. (NYSE: LOCK) announced that they had reached a definitive agreement for Symantec to acquire LifeLock for about $2.3 billion in cash,…
Sunoco Logistics LP (NYSE: SXL) and Energy Transfer Partners LP (NYSE: ETP) announced Monday morning that the two master limited partnerships (MLPs) have entered a merger agreement in an all-stock deal valued at $19.93…
The price of gasoline on Monday morning is down 2.2 cents compared with last week’s pump price for a gallon of regular gasoline. Compared with the same day last year, prices are nearly a…
Tyson Foods Inc. (NYSE: TSN) reported fourth fiscal quarter and full-year 2016 results before markets opened Monday morning. For the quarter, the food processing company posted adjusted earnings per share (EPS) of $0.96 on…
Among U.S. consumers planning to hit the stores on Black Friday, half said that they plan to make a stop at Best Buy Co. Inc. (NYSE: BBY). The store was ranked fourth behind Amazon…
Only one of the three initial public offerings (IPOs) scheduled for last week was able to complete its plan to tap the U.S. public equity markets. Just two firms have plans to launch IPOs…
Home improvement giant Lowe’s Companies Inc. (NYSE: LOW), like its rival Home Depot, does more business in the spring as consumers prepare to clean up after the winter and get their yards and homes…
While there are lots of complaints about stores being open on Thanksgiving Day, Americans vote with their wallets more than their feet. Half of U.S. consumers surveyed recently plan to shop online on the…
Brick-and-mortar retailers are keenly aware of how the weather affects store traffic and, ultimately, customer spending. Cold, stormy weather on Black Friday could very well keep shoppers snug at home, wrapped up in a…
Initiatives supporting legalization of marijuana for medical or recreational use took center stage during the last election. That doesn’t mean that nothing else was happening. Colorado voters approved Initiative 300, a measure to create…
The interest rate on a 30-year conforming fixed-rate mortgage rose to 4.125% last week, its highest level since July 2015. Since the November election, mortgage interest rates have risen roughly 0.5%. On a $250,000…
Worldwide smartphone sales in the third quarter of 2016 rose 5.4% year over year to 373.3 million units. Overall sales of mobile phones, however, dropped by 1.3% compared with the third quarter of last…
In the week ended November 11, the number of rigs drilling for oil in the United States totaled 471, up by 19 compared with the prior week and a total of 564 a year…
For the week ended Friday, November 18, the spot price index for a pound of cannabis increased by 2.3% from $1,386 in the prior week to $1,418 — the first increase in four weeks…
The Boeing Co. (NYSE: BA) currently expects to deliver about 745 to 750 commercial aircraft to its customers this year. Through the end of October the company had delivered 617 planes. In October Boeing…
November 18, 2016: Here are four stocks trading with relatively heavy volume among 46 equities making new 52-week lows in Friday’s session. On the NYSE, advancers and decliners traded about equally and on the…
November 18, 2016: Markets opened higher Friday but the good vibe did not last. The energy sector posted the best gain while the healthcare sector fared worst. As we head into the holiday week,…
When it comes to developing the millions of apps for smartphone and internet users, the single city that leads in the technical development of new apps is Bengaluru, India.
The San Andreas fault runs along the coast of California from Humboldt County in the north to near the Mexican border in the south, and it could simultaneously rupture along its full length.
