British Banks Top Friday’s 52-Week Low Club
June 24, 2016: Here are four stocks trading with heavy volume among 119 equities making new 52-week lows in Friday’s session. NYSE decliners led advancers by more than 4 to 1 and Nasdaq decliners…
All Work
Paul Ausick
The 4 Stocks That Tanked the Dow Friday
June 24, 2016: Markets opened Friday following the surprise U.K. decision to leave the European Union. The Brexit vote dominated the day’s currency, energy, commodities, and equity markets as traders and investors try to…
Why Is Wal-Mart the Only DJIA Stock Immune to Brexit?
Of the 30 blue-chip stocks in the Dow Jones Industrial Average, only Wal-Mart Stores Inc. (NYSE: WMT) is showing a gain in Friday trading, up about 0.5% in the noon hour. Other blue-chippers are…
Ag Commodities, Companies Slapped Hard by Brexit Vote
As with commodity markets in energy and basic materials, the U.K. vote to abandon the European Union is taking a toll on agricultural commodities markets Friday morning. So far, at least, ag commodity prices…
Brexit Lifts Gold Mining Stocks to New Highs
The 2016 gold rally just got a shot of rocket fuel from the U.K. vote to leave the European Union. The massive rally in gold on Friday has also leveraged an upside move in…
Brexit Means California Could Soon Be World’s Fifth Largest Economy
Earlier this month, the state of California’s GDP passed that of France to become the sixth largest in the world. The country just ahead of California, in fifth place, is the United Kingdom, where last…
What Brexit Means to Automakers
Thursday’s U.K. vote to leave the European Union has one certain effect: trade among the nations of Europe will be more complicated. Automakers face some significant issues whether they build cars in Britain for…
Freeport-McMoRan Swaps Debt for Equity
In a filing with the U.S. Securities and Exchange Commission (SEC) Friday morning, Freeport-McMoran Inc. (NYSE: FCX) announced a debt-for-equity swap in which the company issued 19.9 million shares of common stock and paid…
Valeant Returns in Thursday’s 52-Week Low Club
June 23, 2016: Here are four stocks trading with relatively heavy volume among 18 equities making new 52-week lows in Thursday’s session. NYSE advancers led decliners by 4 to 1 and Nasdaq advancers led…
The 4 Stocks That Dominated the DJIA on Thursday
June 23, 2016: Markets opened higher for a fourth straight day Thursday, perhaps reflecting investors’ belief that Britain will vote to remain in the European Union. All ten stock sectors are on a path…
Southwest to Delay Delivery of 67 Boeing 737s
Southwest Airlines will postpone delivery of 67 new 737 MAX-8 airplanes from Boeing until at least 2023.
March Cash Home Sales Tops in Alabama, New York
In March of 2016, cash sales comprised 33% of all home sales, down from 35.7% in March of 2015, and marking the 39th consecutive year-over-year monthly decline. Cash sales fell by 2.8 percentage points…
Federal Court Boots Obama Administration Fracking Rules
A federal district court in Wyoming on Tuesday struck down tough U.S. Department of the Interior rules related to fracking of oil and gas wells in the United States.
New Home Sales Tumble in May
The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that sales of new homes in May slipped to a seasonally adjusted annual rate of 551,000.
20 Cities Paying Too Much for Gas
Motorists who don't pay attention to the difference between the highest and lowest priced gasoline in a particular area could be paying too much when they fill up.
Natural Gas Price Dips Following Storage Report
U.S. natural gas stocks increased by 62 billion cubic feet for the week ending June 17, according to the EIA.
BlackBerry Breaks Even, Forecasts Smaller Fiscal Year Loss
BlackBerry reported better-than-expected first-quarter fiscal 2017 earnings before markets opened Thursday morning.
Harvard Study: Housing Sector an ‘Engine of Growth’
The Joint Center for Housing Studies (JCHS) at Harvard University on Wednesday released its 2016 report on The State of the Nation's Housing.
489 Data Breaches to Date in 2016
The latest count from the Identity Theft Resource Center indicates that there have been 473 data breaches this year through June 14, 2016, and that nearly 12.7 million records have been exposed.
Firm Forecasts Virtual Reality Device Sales at 50 Million by 2020
TrendForce estimates that 2016 sales of virtual reality headsets will reach 9 million in 2016 and will reach 50 million by 2020.