Exxon, Chevron Dominate DJIA Wednesday
September 28, 2016: Markets opened slightly higher again Wednesday and both the S&P 500 and the DJIA dipped below the break-even line before a report from Reuters hit the wires, citing sources who claim…
All Work
Paul Ausick
10 States With Best and Worst Business Taxes
Much of the toughest U.S. competition for new businesses and new jobs comes not from developing countries like India or Pakistan, but from one of the 50 United States. The state of Washington, for…
Dip in Crude Oil Inventory Offset by Rise in Gasoline Stockpiles
U.S. commercial crude inventories decreased by nearly 2 million barrels last week, according to the U.S. Energy Information Administration.
Why Ferrellgas Units Are Getting Hammered
Ferrellgas Partners shares sank to a new 52-week low Wednesday morning after reporting a big net loss per share for its fourth fiscal quarter.
Air Force Seeks No-Bid Contract for General Dynamics’ Gulfstream Jet
The U.S. Air Force wants to replace its aging fleet of electronic warfare planes. The need is so urgent that the service wants to buy 10 new aircraft immediately on a no-bid contract worth…
Why Wedbush Cut Alphabet Rating, Price Target
Wedbush Securities has cut his rating on Google parent Alphabet and slashed its price target in what it admits is a contrarian call.
Mortgage Loan Rates Dipped to 2-Month Lows Last Week
The latest Mortgage Bankers Association weekly report on mortgage applications noted a week-over-week decrease of less than 1% in the group's seasonally adjusted composite index for the week ending September 23.
Kroger, Oil Tanker Firm Sail into Tuesday’s 52-Week Low Club
September 27, 2016: Here are four stocks trading with relatively heavy volume among 43 equities making new 52-week lows in Tuesday’s session. NYSE advancers led decliners by nearly 3 to 2 and Nasdaq advancers led…
Nike, Microsoft Push DJIA Higher Tuesday
September 27, 2016: Markets opened slightly higher Tuesday even though the crude oil trade was crushed by word that there is no production freeze in the near-term frame. The tech, financial, and consumer discretionary…
Could a US Fine Put Volkswagen Out of Business?
The U.S. Department of Justice reportedly is trying to figure out how much to fine Volkswagen over its diesel emissions cheating scandal without forcing the German automaker to go out of business.
World’s 200,000 Richest People Hold 12% of World’s Wealth
Of the estimated 7.6 billion people on earth, just 0.004% (212,615 individuals) control some $30 trillion in wealth. That’s slightly more than the 2015 GDP of the United States and China combined, and 12%…
SEC Hits Oilfield Services Firm Weatherford With $140 Million Fine
Weatherford International has agreed to pay a $140 million fine to settle charges that the company inflated earnings by using deceptive income tax accounting.
Is West African Displacing Bakken Crude at Eastern US Refineries?
Before horizontal drilling and hydraulic fracturing created a new source of crude oil production in North Dakota and Montana, refineries on the east coast of the United States received most of their crude by…
June Cash Home Sales Drop Below 30% for First Time Since 2007
In June of 2016, cash sales comprised more than 29% of all home sales. For all of 2015, more than a third of all home sales were cash transactions, the lowest total since 2008.
Portland, Seattle Home Prices Surge
In all 20 U.S. cities included in the S&P/Case-Shiller home price index, July house prices increased year over year, and all 20 also posted month-over-month increases.
Trump Brand Hurt by Presidential Bid: Brand Keys Survey
Donald Trump made noises about running for the presidency in 1988, 2004 and 2012. Those noises undoubtedly helped build his public persona — his brand.
Why Short Sellers Remain Cautious on 3D Printing Stocks
Short interest during the two-week period ending September 15 fell on half of the four 3D printing stocks we follow.
Are Short Sellers Regaining Their Interest Solar Energy Stocks?
Solar stocks are seeing a pullback in short interest after significant share price drops in mid-August.
American Consumers Liking Their Electronic Devices More This Year
Following a three-year slide in satisfaction with personal computers, U.S. consumers have reversed field in 2016. PCs improved their customer satisfaction rating by 1.3% on the most recent American Customer Satisfaction Index (ACSI) Household…
Deutsche Bank, Kroger Slip into Monday’s 52-Week Low Club
September 26, 2016: Here are four stocks trading with relatively heavy volume among 21 equities making new 52-week lows in Monday’s session. NYSE decliners led advancers by nearly 2.5 to 1 and Nasdaq decliners…