Germany’s Economic Sentiment Rises in June
Just two days before U.K. voters cast their ballots whether to remain in the European Union, the Center for European Economic Research has released its economic sentiment index for Germany.
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Paul Ausick
Boeing Acknowledges Iran Order
Saying that it had signed an order with Iran Air "under authorizations from the U.S. government," Boeing confirmed that the Iranian airline intends to buy planes from the U.S. maker.
Valeant Once More Makes Monday’s 52-Week Low Club
June 20, 2016: Here are four stocks trading with relatively heavy volume among 20 equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by 4 to 1 while Nasdaq advancers led…
The 4 Stocks That Boosted the DJIA Monday
June 20, 2016: Markets opened higher Monday as sentiment waned that the U.K would wave goodbye to the European Union. Utilities was the only sector on track to post a loss today, while the…
Exxon Adds $45 Billion to Market Cap
Exxon Mobil Corp. (NYSE: XOM) closed 2015 with a share price of $77.97, down from a closing price of $92.45 at the end of 2014. The company’s market cap dropped from around $383.67 billion…
Wal-Mart Adds $30 Billion to Market Cap
Wal-Mart has had a pretty good 2016 so far. The share price has risen by nearly 15.5% and the company's market cap has grown by about $30 billion.
Chinese Investor Increases Stake in LendingClub
Various entities of China-based Shanda Group have acquired more than 57 million shares of LendingClub stock, raising the Chinese group's stake in it to more than 15%.
Gas Prices Drop as Midwest Refineries Resume Production
The national average price for a gallon of regular gasoline fell more than five cents in the past week to $2.335. The most common price remained flat for the week at $2.199, and the…
Marathon Stock Jumps on $888 Million Acquisition
Independent oil and gas company Marathon Oil Corp. (NYSE: MRO) announced Monday morning that it has signed a definitive purchase and sale agreement to acquire PayRock Energy Holdings. Marathon will pay $888 million for…
Icahn Sweetens Offer for Federal-Mogul Shares
In a terse letter to the Federal-Mogul, activist investor Carl Icahn's Icahn Enterprises on Monday morning raised its offer for the remaining shares of Federal-Mogul that Icahn doesn't own.
Why Wal-Mart May Be Giving Up on China E-Commerce
On Monday The Wall Street Journal reported that Wal-Mart is looking to sell Yihaodian to the second-largest e-commerce company in China, JD.com.
Boeing Finally Set to Get Firm $4 Billion Order for 747s
While passenger airlines were booking strong profits in 2015 due primarily to low fuel costs, cargo carriers had a tougher time.
Twilio, 3 Biotechs on This Week’s IPO Calendar
Two of three initial public offerings (IPOs) scheduled for last week made it out the door, but neither was a huge success. Four more are on the calendar for the coming week, including an…
Gas Prices Above $2 a Gallon in All 50 States
In the first week of June 2016, gasoline prices in all 50 states rose above $2 a gallon for the first time all year according to GasBuddy. The lowest gas price in the country…
Marijuana News Roundup: Microsoft Joins the Marijuana Trade
While Microsoft Corp. (NASDAQ: MSFT) didn’t pay $26 billion to get its foot in the door of the cannabis industry, one could argue that its deal with a small company that makes “seed to…
Apple Watch for $49 at Best Buy
Best Buy has put together an offer that both it and Apple probably hope customers can't refuse: the Apple Watch at $250 off the list price with the purchase of an iPhone 6s or…
FedEx’s 270 Boeing Planes
Package delivery company FedEx Corp. (NYSE: FDX) owned 582 airplanes at the end of May 2015 and leased another 65, for a total fleet of 647 planes. Of the planes it owned, 241 were…
Oil Rig Count Rose by 9 Last Week, Hedge Funds Pile Up Short Contracts
There are a total of 424 working rigs in the country, according to the Baker Hughes North American Rotary Rig Count.
‘Amityville Horror’ House on Market for $850,000
The Amityville horror house has been in nearly as many movies — 14 — as Jennifer Lawrence, and for $850,000 it could be yours.
Marijuana Price Drops Below $2,000
For the week ended Friday, June 17, the spot price index for a pound of cannabis decreased more than 2%. The simple average price for a gram fell to $4.70.