OPEC Production Rose Again in October, but Cartel Still Sees Rebalancing Next Year
In its Monthly Oil Market Report for October, released Friday morning, OPEC noted that the price for its reference basket rose by more than 11% last month.
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Paul Ausick
JC Penney Posts Weak Q3 Sales, Cuts Sales Guidance, Investors Flee
J.C. Penney reported third-quarter 2016 results and updated guidance before markets opened Friday morning.
Best Holiday Season Gift Cards — and Who Wants Them
For the past nine years, the most popular type of holiday present has been gift cards. According to a recent study, more than half of consumers plan to give gift cards this year.
Michael Kors Sags on Lowered Forecast
Michael Kors Holdings Ltd. (NYSE: KORS) reported 2017 second fiscal quarter results after markets closed Thursday. The luxury lifestyle brand reported diluted earnings per share (EPS) for the quarter of $0.95 and $1.09 billion…
ConAgra, Tenet Healthcare Tumble Into Thursday’s 52-Week Low Club
November 10, 2016: Here are four stocks trading with relatively heavy volume among 89 equities making new 52-week lows in Thursday’s session. On the NYSE, decliners led advancers by about 200 issues and on…
Goldman, JPMorgan Boost Dow on Thursday
November 10, 2016: Markets opened higher Thursday but the tech heavy Nasdaq Composite soon fell into the red and may not make it out by the end of the trading session. The financial, healthcare,…
Crude Oil Price Slips 2% Following IEA Report
In its monthly Oil Market Report for October, released Thursday morning, the International Energy Agency said that global crude supplies increased by 800,000 barrels per day.
Natural Gas Price Steady Following Storage Report
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by 54 billion cubic feet for the week ending November 4.
How Amazon Has Changed Holiday Shopping Rules
In order for brick-and-mortar retailers to compete with Amazon, they have to get creative with the products they offer, the prices they charge and the services they provide.
Best Buy Previews Black Friday Deals
Consumer electronics retailer Best Buy has released what it called a preview of its Black Friday promotional brochure.
Wal-Mart Posts Black Friday Sales Ad
Wal-Mart said that most stores will open at 6:00 p.m. local time on Thanksgiving Day and that online shoppers will be able to shop the Black Friday deals from one minute after midnight Thursday,…
Why Short Interest in 3D Printing Stocks Continues to Climb
Short interest during the two-week period ending October 31 rose on three of the four 3D printing stocks we follow. Share prices got a recent boost from reports that demand for additive manufacturing is…
Why Short Interest in Solar Stocks May Jump Following Presidential Election
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on October 31.
SunPower Cost-Cutting Doesn’t Impress Investors
Like many other alternative energy stocks, SunPower Corp. (NASDAQ: SPWR) took a beating today as investors fled alternative energy stocks following Tuesday’s election. Incentives and subsidies are certain to come under scrutiny under a…
Coty, Community Health Crash into Wednesday’s 52-Week Low Club
November 9, 2016: Here are four stocks trading with relatively heavy volume among 149 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by about 8 to 7 and…
Pfizer, Caterpillar Dominate DJIA on Wednesday
November 9, 2016: Markets opened lower again Wednesday following the unexpected results of Tuesday’s election. Overnight DJIA futures dropped some 800 points at one point, but equities gained strength throughout the day led by…
GM to Fire 2,000 Workers in Ohio, Michigan
In a move timed to coincide with the inauguration of a new U.S. President, General Motors Co. (NYSE: GM) has announced significant layoffs in two states that helped send Donald Trump to the White…
Smith & Wesson Tumbles on Trump Victory
Gunmaker Smith & Wesson Holding Corp. (NASDAQ: SWHC) has taken a sharp hit Wednesday following the election of Donald Trump as the next U.S. President. The company’s share price has more than tripled since…
How Trump Election Could Affect Nike and Discount Clothing Stores
Following Tuesday's election surprise, some observers have even wondered about the likelihood of a recession, which might help some companies and hurt others.
Data Breaches Up 25% to Date in 2016
There have been more than 850 data breaches recorded this year and that nearly 30 million records have been exposed, according to the Identity Theft Resource Center,