Volvo’s Comeback Continues as Sales Jump 41%
June sales for Sweden-based Volvo rose 41% year over year in June and are up 24.4% for the first six months of the year. The numbers are closer to the sales totals of Tesla…
All Work
Paul Ausick
Oil Rig Count Jumped by 11 Last Week, Hedge Funds Changed Directions Again
In the week ended July 1, the number of rigs drilling for oil in the United States totaled 341, up by 11 compared with the prior week and a total of 640 a year…
Marijuana Price Jumps Above $2,000
For the week ended Friday, July 1, the spot price index for a pound of cannabis increased 4.1% from $1,969 in the prior week to $2,049. According to the analysts at Cannabis Benchmarks, the…
Royal Bank of Scotland in Friday’s 52-Week Low Club
July 1, 2016: Here are three stocks trading with relatively heavy volume among 12 equities making new 52-week lows in Friday’s session. With the long weekend ahead volume was light on the exchanges and…
The 4 Stocks That Buoyed the DJIA on Friday
July 1, 2016: Markets opened higher down slightly Friday before climbing to mid-morning highs only to trail lower for much of the day, before heading higher about an hour before the closing bell. Friday’s…
Are Corporate Managers Lying About Quarterly Results?
When corporate executives report quarterly earnings, those reports always look back at the most recently ended quarter and may or may not offer some indication of the company’s performance in the current quarter. The…
New Construction Spending Slips Nearly 1% in May
The U.S. Census Bureau reported this morning that construction spending in May dipped by 0.8% to an estimated seasonally adjusted annual rate of about $1.143 trillion from the upwardly revised estimate of nearly $1.152…
Ford F-Series Sales Jump 29% in June to Lead All Pickups
After a rather dismal month of May, pickup truck sales improved somewhat in June, and the leading full-size pickup opened up a wider lead on its competitors. After a disappointing May, Ford Motor Co.…
June Sales Slip 1.6% at GM
General Motors Co. (NYSE: GM) posted total June U.S. sales of 255,210 vehicles, a decrease of 1.6% compared with June 2015. Retail deliveries rose 1.2%, fleet deliveries slipped 2.3 points, and commercial sales fell…
F-Series Sales Boost Ford to 6% June Sales Gain
Ford Motor Co. (NYSE: F) on Wednesday reported a U.S. sales increase of 6% year-over-year in June, to 240,109 Ford and Lincoln vehicles, compared with June 2015 sales of 225,647. Truck sales rose 24.2%…
Jeep Sales Up 17% in June Boosting Chrysler to 7% Increase
Year-over-year sales rose 7% at Fiat Chrysler Automobiles NV (NYSE: FCAU) in June to 197,073 units, the company’s best June sales level in 11 years. The Jeep brand posted a sales gain of 17%…
Is This Boeing’s Middle-of-the-Market Airplane?
The Boeing Co. (NYSE: BA) has a problem. It’s called the Airbus A321neo, the aircraft that Airbus Group SE is positioning as the solution to demand for a so-called “middle-of-the-market” (MOM) aircraft to fly…
Valero Tops Thursday’s 52-Week Low Club
June 30, 2016: Here are four stocks trading with relatively heavy volume among 33 equities making new 52-week lows in Thursday’s session. NYSE advancers led decliners by about 3 to 1 and Nasdaq advancers…
The 4 Stocks That Lifted the Dow on Thursday
June 30, 2016: Markets opened higher again for a third straight day Thursday as the dollar continued to gain strength, pushing down oil prices. The Bank of England said it may launch another easing…
Data Breaches on Pace to Reach 1,000 in 2016
The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 500 data breaches recorded this year through June 28, 2016, and that nearly 12.8 million records have been exposed…
California Oil Refineries Investigated by State Attorney General
California Attorney General Kamala Harris has subpoenaed documents from the state’s major oil refiners related to an investigation into whether the companies have artificially raised retail gasoline prices in the state. The subpoenas were…
Natural Gas Price Dips Following Storage Report
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 37 billion cubic feet for the week ending June 24. Analysts were expecting a storage addition in a…
America’s Most Patriotic Brands
We might have a little trouble defining what we mean when we say that a brand is “patriotic,” but the fact is most Americans know it when they see it. Patriotic brands go beyond…
6 Ways to Save Money This 4th of July Weekend
Parades, cookouts, community picnics, rodeos, fireworks shows — all these are traditional ways that Americans celebrate Independence Day. Another popular thing to do on the Fourth of July is to get in the car…
Google, Others Launch High-Speed Trans-Pacific Cable
A 9,000-kilometer (about 5,600 miles) high-speed, trans-Pacific submerged cable connecting the U.S. West Coast and Japan entered service Friday. Called the “FASTER Cable System,” the six-fiber pair cable delivers 60-terabits per second of bandwidth…