Automaker Volkswagen AG and U.S. government regulators have reportedly struck a deal in which the company will pay upwards of $15 billion to compensate U.S. owners of the company’s diesel-powered vehicles, to offset excess…
Peer-to-peer loan maker LendingClub Corp. (NYSE: LC) announced Tuesday morning that it has named a new CEO, a new chairman of the board, and that it will cut 179 jobs. The troubled lender’s annual…
In 2015, appliances accounted for 8% of Best Buy Co. Inc.’s (NYSE: BBY) revenue mix. Year-over-year comparable sales grew 15.4%, the best of any merchandise category. Perhaps, then, we shouldn’t be surprised that appliance…
June 27, 2016: Here are four stocks trading with heavy volume among 254 equities making new 52-week lows in Monday’s session. NYSE decliners led advancers by more than 4 to 1 and Nasdaq decliners…
June 27, 2016: Markets opened down again Monday after a full weekend of fretting about the Brexit vote. Again a stronger dollar has weighed heavily on the basic materials and energy sectors, but financial…
The U.S. Supreme Court on Monday refused to hear an appeal from a branch of the Encore Capital Group Inc. (NASDAQ: ECPG) to stop a class-action lawsuit against the firm which had claimed that…
Chipotle Mexican Grill Inc.’s (NYSE: CMG) fall from grace has lasted for 10 months and, if anything, shows no signs of reviving without more help. To that end the company is launching a 3-month…
The national average price for a gallon of regular gasoline fell more than 5cents in the past week to $2.285. The most common price remained flat for the week at $2.199, and the average…
U.S. airline stocks have taken two solid hits to share prices in the past two weeks. First the horrific killings in an Orlando, Florida, nightclub and then the unexpected vote that could lead to…
Short interest during the two-week period ending June 15 dropped on three of four 3D printing stocks we follow. Share prices also fell on three of the stocks during the two-week period. Short interest…
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on June 15. In the solar sector two of four companies we watch saw short interest…
The first blockbuster initial public offering (IPO) of 2016 finally arrived last week when tech unicorn Twilio Inc. (NYSE: TWLO) not only priced above its expected range, but posted a 92% first-day pop. Twilio…
The largest U.S. banks had a rough day Friday following the U.K. vote to leave the European Union. The average share price loss for the country’s six biggest banks was 7.59%. The unexpected result…
The Democratic National Committee on Saturday approved a party platform plank calling for marijuana law reform. All 15 members of the platform drafting committee, including the 7 appointed by Senator Bernie Sanders’s campaign committee,…
That The Gap Inc. (NYSE: GPS) is struggling is not exactly headline news. When the clothing retailer reported first-quarter last month, same-store sales were down 5% and total sales were down 6%. Last Thursday’s…
The two Dow Jones Industrial Average stocks least affected by Friday’s reaction to the Brexit vote were Verizon Communications Inc. (NYSE: VZ) and Wal-Mart Stores Inc. (NYSE: WMT), down 0.44% and 0.19%, respectively. These…
Shares of Apple Inc. (NASDAQ: AAPL) reacted no differently from any other equity to the U.K. vote to leave the European Union: the price dropped 2.8%. That was a better performance than either the…
For the week ended Friday, June 24, the spot price index for a pound of cannabis decreased 0.5% from $1,978 in the prior week to $1,969. According to the analysts at Cannabis Benchmarks, the…
In the week ended June 24, the number of rigs drilling for oil in the United States totaled 330, down by 7 compared with the prior week and a total of 628 a year…
Thursday’s unexpected U.K. vote to walk out of the European Union shocked equity, currency, and commodities markets Friday. The dollar strengthened against both the euro and the British pound and that helped chase investors…
