Analysts Changing Views on Gap Inc.
After markets closed Monday, The Gap Inc. (NYSE: GPS) reported same-store sales numbers for the month of July and for the company’s second fiscal quarter. Neither number was good news for the company or…
All Work
Paul Ausick
EIA Outlook: New Forecast Shows Higher US Crude Production, Lower Pump Prices Ahead
The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short Term Energy Outlook (STEO). The agency lowered its average summer driving season price for a gallon of regular gasoline…
Will Fraud Investigation Weigh on New Airbus Orders?
Over the past weekend, the U.K.'s Serious Fraud Office said it had launched a formal criminal investigation into allegations of fraud, bribery and corruption against Airbus.
Can Randstad Make Monster Acquisition Pay?
Netherlands-based Randstad said Tuesday morning that it has agreed to acquire online job board Monster Worldwide for almost $430 million in cash.
10 States With Highest and Lowest Home Closing Costs
As home prices in some states return to bubble levels, and mortgage rates reach multiyear lows, the rush to buy homes in some regions has accelerated.
June Foreclosure Inventories Highest in New Jersey, New York, Hawaii
The number of U.S. homes in some stage of foreclosure in July totaled approximately 375,000. Florida had the highest number of completed foreclosures in the past 12 months.
Why Coach Earnings Aren’t Raising Investors’ Spirits
Luxury goods maker Coach reported mixed fiscal fourth-quarter and full-year 2016 earnings Tuesday morning.
Zika Threatens Florida’s $82 Billion Tourism Revenue
If the Zika virus should spread beyond its currently known location near Miami, it could threaten some of Florida's largest tourist attractions, like DisneyWorld and Universal Orlando.
Can Freeport-McMoRan Survive in Indonesia?
The Indonesian government has again failed to renew Freeport-McMoran's export license. Without an export license, more than 200,000 tons per day of copper ore is added to a pile somewhere in Indonesia.
LendingClub Earnings Hammered by Costs Related to Executive Shuffle
Since early May, peer-to-peer loan maker LendingClub Corp. (NYSE: LC) has lost more than 30% of its value. The tumble began with the replacement of former CEO Renaud Laplanche that has led to a…
Liberty Global’s Latin American Subsidiaries in Monday’s 52-Week Low Club
August 8 2016: Here are three stocks trading with relatively heavy volume among XX equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by about 5 to 4and Nasdaq decliners led…
Healthcare Stocks Sink DJIA on Monday
August 8, 2016: Markets opened higher Monday but turned south shortly after the opening bell and remained in the red for the rest of the day. The dollar gained strength this afternoon and crude…
Jeep, BMW Dominate #NewCar Instagram Posts
Whether it’s showing off a new ride or posting a photo of a vehicle we’d like to own, social media gives us an outlet to share that new-car feeling with a lot of people.…
Vail Posts All-Time High on $1 Billion Whistler Blackcomb Acquisition
Resort operator Vail Resorts said Monday that it had agreed to a cash and stock deal to acquire Toronto-traded Whistler Blackcomb.
OPEC Statement Lifts Crude Prices
While OPEC no longer wields the same power over global oil markets it had 40 years ago, it can still make some noise when it wants to.
How New E-Cigarette Rules Will Hurt Small Shops
New FDA regulations on e-cigarettes went into effect Monday. The are expected to serve as an additional barrier to entry from smaller, less well-financed producers.
Does Jet Acquisition Boost Wal-Mart’s Chances Against Amazon?
How does Wal-Mart's acquisition of Jet.com help it put a bigger dent in Amazon.com's hegemony in e-commerce?
Delta’s Outage Is Minor Compared to Its Bigger Problem
In a statement issued Monday morning, Delta Air Lines said it "has experienced a computer outage that has impacted flights scheduled this morning."
Why Allergan Earnings Aren’t Telling the Whole Story
Allergan reported mixed second-quarter 2016 results and announced share buybacks before markets opened Monday morning.
4 IPOs on Tap for Week of August 8
Four companies successfully launched initial public offerings (IPOs) last week and reaped a total of $650 million in new capital. Only two got modest first-day pops however. There are four more IPOs on the…