Wal-Mart, Chevron Lead DJIA Friday Surge
September 30, 2016: Markets opened higher again Friday after Deutsche Bank CEO John Cryan assured employees that the bank’s capital position was better and more liquid than it had been in 2007. Eight of…
All Work
Paul Ausick
Why Cheniere Is Acquiring Cheniere Holdings
Cheniere Energy announced Friday morning that it has offered to acquire all publicly held shares of Cheniere Energy Partners LP Holdings that it does not already own.
Winter Weather May Damage Citrus Industry
A deceptively mild start to the 2016-2017 winter season in the southeastern United States is expected to give way to a sudden burst of cold air in January.
Will Boeing Add 2 New Planes to Its Fleet?
Boeing CEO Dennis Muilenburg thinks that the company can reasonably design and build two new commercial passenger jets in a time frame that meets competitor Airbus's planned entry into service of its A321neo.
Distressed Home Sales Remain High in Baltimore, Chicago, Tampa
U.S. sales of distressed homes totaled nearly 8% of all homes sold in June of 2016, according to CoreLogic. That was down year over year and month over month.
Data Breaches Top 700 So Far in 2016
The latest count from the Identity Theft Resource Center indicates that there have been 708 data breaches recorded this year.
Costco Beats on Earnings, Revenues a Little Light
Costco Wholesale Corp. (NASDAQ: COST) reported fiscal fourth-quarter and full year 2016 results after markets closed on Thursday. The big box club store posted quarterly diluted earnings per share (EPS) of $1.77 on revenue…
Deutsche Bank, Wells Fargo Tumble into 52-Week Low Clubs
September 29, 2016: Here are four stocks trading with relatively heavy volume among 42 equities making new 52-week lows in Thursday’s session. NYSE decliners led advancers by 3 to 1 and Nasdaq decliners led…
Goldman, Merck Lead DJIA Thursday Plunge
September 29, 2016: Markets opened slightly higher again Thursday following Wednesday’s announced agreement among OPEC members to rein in production. Comments various Fed officials talking a rate hike later this year cooled enthusiasm for…
August Pending Home Sales Drop as Prices Rise, Inventory Falls
The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes for August. The pending home sales index fell 2.7 points (down 2.4%) to 108.5 from a downwardly…
Holiday Shopping: 34 Million Already Started
With nearly three months to go until Christmas Day, some 34 million Americans (about 14% of adults in the country) have already launched their hunt for the perfect gift.
Natural Gas Price Cuts Loss After Storage Report
U.S. natural gas stocks increased by less than expected for the week ending September 23, according to the U.S. Energy Information Administration.
McDonald’s Dividend Increase Another Sign Turnaround Is Working: CEO
Fast-food giant McDonald's announced Thursday morning that it is raising its quarterly dividend by 6%.
Over 15 Million People May Not Vote on Election Day Due to Cybersecurity Doubts
It took a Princeton University computer science professor just seven minutes to hack a voting machine. Similar machines are used for voting in several states.
Why Chesapeake Stumbled and Transocean Didn’t on Icahn Sales
Icahn's sale caused Chesapeake's shares to dive about 6% on Monday. But when Icahn announced his sale of Transocean stock late Wednesday, the company's shares drifted down only fractionally.
Top 10 Companies in the War for Top Tech Talent
Finding, hiring and retaining top talent have long been top priorities among high-tech companies. There is so much at stake, both for the companies and the would-be employees.
ConAgra Beats Estimates, Talks About Separation
ConAgra Foods reported mixed first-quarter fiscal 2017 results and updated its coming split before markets opened Thursday morning.
Exploding Samsung Washing Machines Add to Company’s Woes
When it rains, it pours. At least that's how Korean consumer products maker Samsung must be feeling. The U.S. Consumer Product Safety Commission has received over a dozen complaints about the Samsung washers.
Pepsi Raises Outlook on Strong Growth in North American Sales
PepsiCo reported better-than-expected third-quarter 2016 results before markets opened Thursday morning.
Bristol-Myers, Abercrombie & Fitch Slide into Wednesday’s 52-Week Low Club
September 28, 2016: Here are four stocks trading with relatively heavy volume among 33 equities making new 52-week lows in Wednesday’s session. NYSE advancers led decliners by nearly 7 to 3 and Nasdaq advancers…