Philadelphia Loses Nearly 500,000 Residents In 5 Decades
The Democratic Party kicks off its convention in Philadelphia Monday and the host city is a far smaller city than it was in 1960 when it was the fourth largest U.S. city with 2,002,512…
All Work
Paul Ausick
Marijuana News Roundup: VP Candidates Pence, Kaine Just Say No
The race to replace Barack Obama has just entered the final turn as both Donald Trump and Hillary Clinton have named their vice-presidential picks. Trump’s choice, Indiana Governor Mike Pence, and U.S. Senator and…
Goldman Sachs Down 11%, Worst Performing Dow Stock of 2016
For the year to date, Goldman Sachs is down 11% and is the worst performer among the 30 stocks that comprise the Dow Jones Industrial Avenue.
Oil Rig Count Up by 14 Last Week, Hedge Funds Thinking Short Again
In the week ended July 22, the number of rigs drilling for oil in the United States rose to 371, according to the latest Baker Hughes North American Rotary Rig Count.
Marijuana Price Ticks Up to $1,705
For the week ended Friday, July 22, the spot price index for a pound of cannabis increased to $1,705, according to the analysts at Cannabis Benchmarks.
Skechers Tops Friday’s 52-Week Low Club
July 22, 2016: Here are three stocks trading with heavy volume among 13 equities making new 52-week lows in Friday’s session. NYSE advancers led decliners by about 2 to 1 and Nasdaq advancers led…
Visa, Amex Push Dow Higher Friday
July 22, 2016: Markets opened higher Friday and the party continued all day. Leading the day’s gains were the telecom and utilities sectors while industrials was with only sector trading in the red as…
A New Amazon Prime Benefit: Cheaper Student Loans
Students who are members of Amazon Prime may have the interest rate on certain student loans reduced while enjoying the other benefits that are included in the program.
American Airlines Earnings Get Boost from Tax Benefit
American Airlines reported better-than-expected second-quarter 2016 earnings before markets opened Friday morning.
What Do Boeing’s Latest Round of Charge-Offs Indicate?
None of the announced charges at Boeing should come as a particular surprise. The first step in a recovery program is admitting that you have a problem.
Honeywell Earnings Undermined by Lower Revenue Guidance
Honeywell International reported mixed second-quarter 2016 results before markets opened Friday morning.
GM and Tesla Win Top Auto Awards
In a new owner satisfaction ranking of 2016 model year vehicles, GM placed seven vehicles at the top of their respective segments, more than any other auto manufacturer, to take the award as the…
Boeing to Take $2 Billion in Q2 Charges
When Boeing Co. (NYSE: BA) reports earnings July 27, the company will recognize impacts to earnings of $2.05 billion on three different programs. We’ll have more detail later, but here’s the breakdown. Boeing will…
Schlumberger Projects ‘Medium-for-Longer’ Crude Oil Market
Schlumberger Ltd. (NYSE: SLB) reported second-quarter 2016 results after markets closed on Thursday. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.23 on revenues of $7.16 billion. In…
Biotech Firm Zafgen in Thursday’s 52-Week Low Club
July 21, 2016: Here are four stocks trading with relatively heavy volume among 15 equities making new 52-week lows in Thursday’s session. NYSE decliners led advancers by about 3 to 2 and Nasdaq decliners…
Intel, Amex Crimp DJIA on Thursday
July 21, 2016: Markets opened mixed Thursday but by late morning all three major indexes traded in the red. Leading the slide are the industrials, energy, and materials sectors, with only utilities and healthcare…
Exxon Wins Bidding War for InterOil
To say that Exxon Mobil won a bidding war with Oil Search for the right to acquire InterOil may be something of an overstatement.
Global Smartwatch Sales Dive 32%, Apple Watch Plummets 55%
The global market for smartwatches tumbled in the second quarter of 2016. It is clear that as Apple goes, so goes the smartwatch business.
What to Expect From Schlumberger, Southwestern Energy Results
After Thursday's closing bell, two energy companies, one a producer and the other a services company, are scheduled to release quarterly results.
Pokemon Sun and Moon Steelbook Is Best-Selling Game on Amazon
The best-selling video game at Amazon.com is a dual pack called Pokémon Sun and Moon Steelbook for the handheld Nintendo 3DS.